PharmaCyte Biotech Increases Stake in TNF Pharmaceuticals

September 2, 2025

PharmaCyte Biotech, Inc. increased its equity stake in TNF Pharmaceuticals, Inc. by $3.0 million to support TNF's recent license agreement with LightSolver for a light-based compute accelerator intended for cryptocurrency and blockchain applications. The investment is positioned to help TNF execute a strategic pivot tied to the new license; PharmaCyte said it remains well-capitalized and may pursue further portfolio opportunities.

Buyers
PharmaCyte Biotech, Inc.
Targets
TNF Pharmaceuticals, Inc.
Industry
Pharmaceuticals
Location
New York, United States
Transaction Type
Growth capital

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