Rua Bioscience Limited
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Rua Bioscience Limited - overview
Established
2017
Location
-, -, New Zealand
Primary Industry
Healthcare
About
Founded in 2017 and based in Gisborne, New Zealand, Rua Bioscience Limited develops and provides medicinal cannabis products. In December 2024, Rua Bioscience Limited raised USD 1. 2 million in venture funding. The firm as of December 2024, is led by its co-founder and Executive Director, Panapa Ehau, and CEO, Paul Naske.
Rua Bioscience specializes in developing and supplying medicinal cannabis products aimed at improving patient health. Their offerings target various medical conditions, serving healthcare providers, pharmacies, and patients. The company cultivates unique cannabis genetics through a focused breeding program, called Plant Discovery and Breeding. Rua Bioscience exports its products to international markets, including Europe and Australia, through strategic partnerships.
The firm revenue generation is structured through direct sales to healthcare providers and partnerships with pharmacies and distributors. The company plans to utilize the December 2024 funding to cover its business expenses and support cash flow needs.
Primary Industry
Healthcare
Sub Industries
Alternative Medicine, Pharmaceutical Research & Development, Agribusiness
Website
www.ruabio.com
Verticals
Cannabis/Medical Marijuana
Company Stage
Early Stage
Total Amount Raised
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