Kane to Host Investor Webinar – What Kane has in Store for 2025 Including the Acquisition of FB Dermatology
January 21 2025 - 7:30AM
Kane Biotech Inc. (TSX- V:KNE; OTCQB:KNBIF) (“Kane”) announces that
it will be hosting a webinar on Thursday, January 23, 2025 at
4:15pm Eastern Time.
Participants can register for the webinar by
using this link: Kane Webinar – Jan 23, 2025
Marc Edwards, President and CEO, along with Dr. Robert Huizinga,
Executive Chairman will update investors as to what they should
expect in 2025, building on the achievement of key milestones in
2024 which included:
- Completion of the scale-up
manufacturing of revyve™ Antimicrobial Wound Gel
Spray
- New US distribution
partner for revyve™ Antimicrobial Wound Gel
- Health Canada
Approval of revyve™ Antimicrobial Wound Gel, and ramp up
of Canadian Commercial activities
- Agreement to acquire FB
Dermatology, increasing our sales presence in the EU,
Australia and New Zealand
- Participation in the NRC-IRAP
Multinational Corporate Collaboration project
along with an unnamed large global wound care company
- Distribution
agreements with Razan Medical Trading (UAE) and Qatar
Datamation Systems (Qatar) allowing for sales of revyve™
Antimicrobial Wound Gel in the GCC
- NRC-IRAP funding to
support the expansion of the revyve™ Antimicrobial Wound Gel
family
- FDA Approval to Increase
Dosage Allowance for our revyve™ Antimicrobial Wound Gel,
which allows for the use of our spray gel
- Receiving ISO 13485:2016
MDSAP Quality Certification which is the result of years
of hard work that led to our Health Canada approval for revyve™,
and the potential of sales in Australia and New Zealand
- First commercial sale of
revyve™ Antimicrobial Wound Gel in Q3 to ProgenaCare
Global
- The $12.5M USD sale of
STEM Animal Health to Dechra Veterinary Products, which
speaks to the quality of our technology across multiple
platforms.
Kane also announces today that it has entered
into a six-month service agreement (the “OTBC Service Agreement”)
with independent marketing firm Outside The Box Capital (“OTBC”) to
provide marketing services to communicate information about Kane to
the financial community, commencing on January 17, 2025. These
marketing services include digital marketing through various social
media channels to broaden media distribution awareness about the
Company. Pursuant to the OTBC Service Agreement, OTBC received
$100,000. OTBC currently owns a non-material number of common
shares of the Company. “We’ve got a great company and a great
story, and in 2025 we’re determined to get more eyes on Kane. We
believe the team at Outside The Box Capital can help us do that”
explained Marc Edwards, Kane Biotech President and CEO.
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 has a portfolio of biotechnologies, intellectual
property (65 patents and patents pending as well as trade secrets
and trademarks) and products developed by Kane'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 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. 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 Kane’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
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 with applicable securities
regulatory authorities, available at www.sedarplus.ca. Kane
cautions that the foregoing list of factors that may affect future
results is not exhaustive.
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