Coeptis Pharmaceuticals, Inc. entered into a binding agreement to acquire Elto Pharma, Inc. from PsychoGenics Inc. and Amarantus BioScience Holdings, Inc. (OTCPK:AMBS) on November 28, 2018. Coeptis will issue 7.5 million shares as part of consideration and an additional 7.5 million shares being delivered to Elto Pharma shareholders upon the completion of certain milestones.

Coeptis Pharmaceuticals, Inc. terminated the acquisition of Elto Pharma, Inc. from PsychoGenics Inc. and Amarantus BioScience Holdings, Inc. (OTCPK:AMBS) on October 24, 2019.