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-0.013626005673627 -0.00944054318002149 -0.0466446542342928 -0.0237641259359159 -0.00483653443705538 -0.0212063433009347 -0.0512951681160769 -0.0373436264707249
Stock impact report

FSI ANNOUNCES CAPEX EXPENDITURE TO ACQUIRE A VIAL FILLING LINE FOR INJECTABLE DRUGS SUCH AS GLP1 FOR WEIGHT LOSS [Yahoo! Finance]

Flexible Solutions International Inc. (CDA) (FSI) 
NASDAQ:AMEX Investor Relations: flexiblesolutions.com/investor/default.aspx
Company Research Source: Yahoo! Finance
manufacturer of biodegradable polymers for oil extraction, detergent ingredients and water treatment as well as crop nutrient availability chemistry. Flexible Solutions also manufactures biodegradable and environmentally safe water and energy conservation technologies. FSI is increasing its presense in the food and nutrition supplement manufacturing markets. Today the Company announces the acquisition of a production line capable of filling large numbers of vials with injectable drugs. The CAPEX disclosed in this news release is material. Furthermore, the Company believes that it should disclose FSI's potential advancement into drug compounding operations in order to prevent accidental partial disclosure during the course of our investigations and due diligence in the business of sterile drug compounding. Mr. Dan O'Brien, CEO, comments, “The drug compounding industry is a logical progression for FSI. But, it is a capital intensive, high risk, high reward business. We hope to de- Show less Read more
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