Kane Biotech Provides Investor Update Following FB Dermatology Acquisition Announcement
2024年11月14日 - 10:30PM
Kane Biotech Inc. (TSX- V:KNE; OTCQB:KNBIF) (the “Company”, “Kane
Biotech”) announces today that President & CEO, Marc Edwards
and Dr. Robert Huizinga, Executive Chair of Kane Biotech have
released a video outlining the details and benefits to Kane Biotech
and its investors of the FB Dermatology S.R.L. (“FB Dermatology”)
transaction which the Company announced on November 12, 2024.
In this video, Mr. Edwards and Dr. Huizinga describe FBD
Dermatology’s technology, products, markets and regulatory
approvals as well as the synergistic potential of combining the two
companies.
The link to the video can be found here: Link to FB Dermatology
Video
About FB Dermatology
FB Dermatology is a biotechnology company offering innovative
and exclusive patented solutions for tissue regeneration,
dermatology conditions and aesthetic alterations. FB Dermatology is
present all over Europe as well as Israel, Australia and New
Zealand. At FB Dermatology, we aspire to change the fundamentals of
tissue regeneration, dermatology and aesthetic medicine. Our
innovative FLE technology represents a unique mode of action that
allows us to create a new gold standard within the industry for the
benefit of patients worldwide. FB Dermatology is headquartered in
San Benedetto del Tronto, Italy.
About Kane Biotech
Kane Biotech Inc. is a biotechnology company engaged in the
research, development and commercialization of technologies and
products that prevent and remove microbial biofilms. Kane Biotech
has a portfolio of biotechnologies, intellectual property (66
patents and patents pending as well as trade secrets and
trademarks) and products developed by Kane Biotech's own biofilm
research expertise and acquired from leading research institutions.
DispersinB®, coactiv+™, coactiv+®, DermaKB™, DermaKB Biofilm™, and
revyve™ are trademarks of Kane Biotech Inc. Kane Biotech is listed
on the TSX Venture Exchange under the symbol "KNE" and on the OTCQB
Venture Market under the symbol “KNBIF”.For more
information:
Marc Edwards |
Ray Dupuis |
Chief Executive Officer |
Chief Financial Officer |
Kane Biotech Inc |
Kane Biotech Inc |
medwards@kanebiotech.com |
rdupuis@kanebiotech.com |
|
|
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Caution Regarding Forward-Looking
InformationThis press release contains certain statements regarding
Kane Biotech Inc. that constitute forward-looking information under
applicable securities law. These statements reflect
management’s current beliefs and are based on information currently
available to management. Forward-looking statements in this news
release include, but are not limited to, statements regarding the
anticipated terms of the Acquisition and the closing of the
Acquisition, the expected results of the Acquisition and Kane
Biotech’s future development plans for its products. Certain
material factors or assumptions are applied in making
forward-looking statements, and actual results may differ
materially from those expressed or implied in such statements.
Forward-looking statements are subject to various risks and
uncertainties which include, but are not limited to, risks relating
to Kane Biotech’s: (a) financial condition, including lack of
significant revenues to date and reliance on equity and other
financing; (b) business, including its early stage of development,
government regulation, market acceptance for its products, rapid
technological change and dependence on key personnel; (c)
intellectual property including the ability of Kane Biotech to
protect its intellectual property and dependence on its strategic
partners; and (d) capital structure, including its lack of
dividends on its common shares, volatility of the market price of
its common shares and public company costs. Further information
about these and other risks and uncertainties can be found in the
disclosure documents filed by Kane Biotech with applicable
securities regulatory authorities, available
at www.sedarplus.ca. Kane Biotech cautions that the foregoing
list of factors that may affect future results is
not exhaustive.
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