Rua receives narcotic license through Nimbus Health for distribution and marketing of our first product for Germany
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Rua receives narcotic license through Nimbus Health for distribution and marketing of our first product for Germany

Rua Bioscience Limited announced today that it has received its narcotic license through Nimbus Health GmbH for distribution and marketing of its first product for the German medicinal cannabis market – a move understood to make Rua the first medicinal cannabis company from New Zealand to take such a step.

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Rua Half-Year Result – Constructive Period with First Product, First Revenue Imminent
Timothy Livingston Timothy Livingston

Rua Half-Year Result – Constructive Period with First Product, First Revenue Imminent

Rua Half-Year Result – Constructive Period with First Product, First Revenue Imminent. Rua Bioscience Limited (NZX: RUA) has today announced its financial results for the six months to 31 December 2021.

The loss after tax for the six months to 31 December 2021 was $2.46m, with total cash and investments on hand at the end of the period of $12.29m.

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Pharmaceutical Giant Acquires German Distributor Nimbus Health
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Pharmaceutical Giant Acquires German Distributor Nimbus Health

Rua Bioscience is pleased to share the news that multi-national pharmaceutical company Dr Reddy's Laboratories Ltd today announced it has entered into a definitive agreement to acquire Nimbus Health. Rua Bioscience was the first New Zealand company to announce a binding export agreement with the reputable distributor in Germany and is Nimbus Health's exclusive New Zealand supplier of medicinal cannabis products.

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