Therapeutic Solutions International Inc (OTCMKTS:TSOI) jumped 12% and 65% for the week. The company announced the appointment of Dr. Boris Reznik to its advisory board. Currently, Boris is the chairperson of venture value optimization company Venvalo Group.
He had vast experience, having created and founded several tech firms into market leaders and dealing with emerging and Fortune 500 firms as partners and clients.Therapeutic Solutions CEO Timothy Dixon said that they are pleased to welcome Boris to the Advisory board. Dixon noted that Boris would bring exceptional experience in forming, developing, existing, and capitalizing life sciences firms.
In past studies, the company has shown that JadiCell is superior relative to conventional stem cells such as adipose, placenta, cord blood, and bone marrow.The company is now preparing to file an Emergency use Authorization with the FDA for its Phase 3 JadiCell study in patients with COVID-19 related lung injury. As TSOI prepares for the EUA filing, it is worth watching in the coming weeks.
Market Reaction:
On Friday, TSOI stock surged 12.35% to $0.10 with more than 111.40 million shares, compared to its average volume of 11.92 million shares. The stock has moved within a range of $0.0906 – 0.1240 after opening the trade at $0.0906.
