Kane Biotech Announces Distribution Agreement with Qatar Datamation Systems for revyve™ Antimicrobial Wound Gel
August 28 2024 - 7:40AM
Kane Biotech Inc. (TSX- V:KNE; OTCQB:KNBIF) (the “Company” or “Kane
Biotech”) today announces that it has signed a three year
distribution agreement with Qatar Datamation Systems (“QDS”) for
its revyve™ Antimicrobial Wound Gel in the Qatar wound care market.
“Kane continues its global commercialization of
revyve™ with its second distribution agreement in the Middle East,”
said Marc Edwards, President & CEO. “We’re looking forward to
partnering with QDS to bring revyve™ to market in Qatar and we are
confident that the product will be well-received in the
region.”
This is Kane’s fourth distribution agreement for
revyve™. Kane has previously announced distribution agreements with
Razan Medical & Surgical Equipment Trading LLC in the United
Arab Emirates (UAE), ProgenaCare Global LLC in the United States
and Salud Pharma S.A. for Colombia, Costa Rica and Panama. Kane
also recently announced its intent to commercialize revyve™ in
Canada following the obtention of its ISO 13485:2016 Medical Device
Single Audit Program (MDSAP) certification.
About Kane Biotech
Kane Biotech is a biotechnology company engaged in
the research, development and commercialization of technologies and
products that prevent and remove microbial biofilms. The Company
has a portfolio of biotechnologies, intellectual property (68
patents and patents pending, trade secrets and trademarks) and
products developed by the Company's own biofilm research expertise
and acquired from leading research institutions. DispersinB®,
Aledex™, coactiv+™, coactiv+®, DermaKB™, DermaKB Biofilm™, and
revyve™ are trademarks of Kane Biotech Inc. The Company is listed
on the TSX Venture Exchange under the symbol "KNE" and on the OTCQB
Venture Market under the symbol “KNBIF”.
About QDS
With 23 years of dutiful service to Qatari
hospitals and clinics, QDS Healthcare Division is dedicated to
developing and maintaining relationships with leading manufacturers
so we can provide the latest healthcare innovations to medical
practices throughout Qatar. Besides providing top-notch medical
technology, we’re also driven to provide high levels of customer
satisfaction. What that means for our clients is quality they can
trust and people who care.
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. 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.
These risks and uncertainties include, but are not limited to,
risks relating to the Company’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 the
Company 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 the Company with applicable
securities regulatory authorities, available at www.sedar.com.
The Company cautions that the foregoing list of factors that may
affect future results is not exhaustive.
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