VERO BEACH, Fla., Aug. 07, 2025 (GLOBE NEWSWIRE) -- Processa Pharmaceuticals, Inc. (Nasdaq: PCSA), a clinical-stage biopharmaceutical company developing Next Generation Cancer (NGC) therapies for cancer patients, today announced that it has secured a strategic investment and that it is evaluating corporate cryptocurrency treasury strategies as part of its broader financial and growth objectives.
We believe that strategic engagement with emerging financial technologies, including select cryptocurrencies with potential yield-generating capabilities, may offer novel avenues to diversify our capital base and enhance financial flexibility, while providing an opportunity for long-term value creation.
While we remain committed to rigorous compliance with all applicable regulatory standards, we recognize the potential for blockchain-based assets to contribute meaningfully to the funding of our clinical development programs. This approach could allow us to reduce dilution for existing shareholders, access additional sources of capital, and position the company at the forefront of biotech-fintech convergence.
We are evaluating these opportunities with a focus on long-term value creation, transparency, and responsible stewardship of investor capital.
George Ng, CEO of Processa stated, “We continue to deliver on the operational commitments, seeking meaningful therapies for patients, while exploring innovative financial strategies that can support optimal outcomes for Processa's shareholders and stakeholders.”
Processa has also engaged LifeSci Capital, LLC in an advisory capacity in connection with implementing its cryptocurrency treasury strategy.
About Processa Pharmaceuticals, Inc.
Processa is a clinical-stage pharmaceutical company focused on developing the Next Generation Cancer (NGC) drugs with improved safety and efficacy. Processa's NGC drugs are modifications of existing FDA-approved oncology therapies resulting in an alteration of the metabolism and/or distribution of these drugs while maintaining the existing mechanisms of killing the cancer cells. By combining its novel oncology pipeline with proven cancer-killing active molecules and its Regulatory Science Approach, Processa's strategy is to develop more effective therapy options with improved tolerability for cancer patients through an efficient regulatory path. In addition to its core oncology programs, Processa is actively pursuing strategic partnerships for non-oncology assets to unlock additional value.
For more information, visit our website at www.processapharma.com.
Forward-Looking Statements
This release contains forward-looking statements. The statements in this press release that are not purely historical are forward-looking statements which involve risks and uncertainties. Actual future performance outcomes and results may differ materially from those expressed in forward-looking statements. Please refer to the documents filed by Processa Pharmaceuticals with the SEC, specifically the most recent reports on Forms 10-K and 10-Q, which identify important risk factors which could cause actual results to differ from those contained in the forward-looking statements.
Company Contact:
Patrick Lin
(925) 683-3218
plin@processapharma.com
Investor Relations:
Dave Gentry
RedChip Companies, Inc.
1-407-644-4256
PCSA@redchip.com
-
超优航空:深耕青少年无人机教育赛道,构建科技教育生态新图景在科技教育浪潮席卷全球的今天,无人机教育正成为点燃青少年科技梦想的重要引擎。成立于 2017 年的超优航空,凭借对青少年无人机教育领域的深度洞察与全产业链布局,已2025-08-08
-
沣东新城企业家联合会代表参观西安区域医学检验中心2025年7月16日上午,西咸新区沣东新城企业家联合会组织会员代表赴西安区域医学检验中心(以下简称“西安医检”)开展走访参观活动。 西安医检副总裁颜桦博士陪同会2025-08-08
-
未名太研承办的2025发酵中药与大健康创新论坛在上海圆满收官!8月7日,以“创新驱动转化赋能——共探发酵中药新未来”为主题的“2025发酵中药与大健康创新论坛暨展览会”在上海新国际博览中心召开。本次论坛由中国生物发酵产业2025-08-08
-
昱能科技荣获Wind ESG评级AA,彰显可持续发展综合实力!2025年8月6日,权威ESG评级机构万得(Wind)发布2025年最新一期ESG评级结果,昱能科技(688348.SH)凭借在环境保护、社会责任及公司治理等方面的出色表现,获得Wind ESG“AA”2025-08-08
-
尚驰集团紧急捐赠百万物资,驰援北京密云灾区近期,北京市密云区、怀柔区、延庆区遭遇极端强对流天气袭击。其中,密云西北部遭遇特大暴雨,最大降雨量超300毫米,多个村庄受灾严重。2025-08-08