NEW YORK, May 31, 2023 (GLOBE NEWSWIRE) -- Taglich Brothers, Inc. announces that it has initiated coverage of Ocean Biomedical, Inc. (NASDAQ: OCEA).
Ocean Biomedical, Inc. headquartered in Providence, Rhode Island is a biopharmaceutical organization that is deploying a business model that bridges the bench-to-bedside gap by accelerating the commercialization of innovative therapeutic assets contained within research universities and medical centers. The company’s initial programs include candidates for lung cancer, brain cancer, pulmonary fibrosis, and the prevention and treatment of malaria. The candidates for the company’s programs have been developed through past and on-going grants of nearly $124 million with future financing of nearly $135 million in place to move candidates through clinical phases of development.
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