Q BioMed Inc. (OTCQB: QBIO) Breaking News - March 16,
2018
Q BIOMED INC. ANNOUNCES FDA FILING FOR APPROVAL OF A NEW
MANUFACTURING FACILITY FOR NON-OPIOID STRONTIUM CHLORIDE SR89 INJECTION USP FOR
RELIEF OF CANCER BONE PAIN
New York, NY–(March 16, 2018)– Q BioMed Inc (OTCQB:
QBIO), a commercial
stage biotechnology acceleration development company, and Bio-Nucleonics,
licensor of Strontium 89 Chloride, announce submission of a regulatory filing to
the FDA for the approval of a new manufacturing facility. Upon approval by the
FDA, the facility will be permitted to manufacture Strontium Chloride Sr89
Injection USP (Strontium-89) in accordance with cGMP.
Strontium-89 is a non-opioid injectable radiopharmaceutical to relieve cancer
bone pain in patients with painful skeletal metastases. In the body, strontium
acts similar to calcium, selectively localizing in bone and is preferentially
taken up in osteoblastic lesions. The unabsorbed isotope clears rapidly from the
blood and is excreted in the urine the first 2 to 3 day s
following injection. Uptake of Strontium-89 occurs preferentially in sites of
active osteogenesis; thus bone tumors and areas of metastatic involvement (blastic
lesions) can accumulate significantly greater concentrations of Strontium-89
than surrounding normal bone.
Strontium-89 is a pure beta emitter, and selectively irradiates sites of primary
and metastatic bone involvement with minimal irradiation of soft tissues distant
from bone lesions. The presence of bone metastases should be confirmed prior to
therapy. When blastic osseous metastases are present, significantly enhanced
localization of the radiopharmaceutical will occur with corresponding higher
doses to the metastases compared with normal bones and other organs. Although
responses can vary, pain relief typically begins 7 to 20 days after injection
and lasts for four months or more.
Please visit www.strontium89.com for
more information.
About Q BioMed Inc.
Q BioMed, Inc. is a biomedical acceleration and development company. We are
focused on licensing and acquiring biomedical assets across the healthcare
spectrum. Q BioMed is dedicated to providing these target assets the strategic
resources, developmental support and expansion capital they need to meet their
developmental potential so that they can provide products to patients in need.
Please visit www.qbiomed.com and sign up to
receive regular updates. Follow us on social media @QBioMed.
About Strontium Chloride Sr89 Injection USP
INDICATIONS AND USAGE: Strontium Chloride Sr-89 Injection USP, is indicated for
the relief of bone pain in patients with painful skeletal metastases. The
presence of bone metastases should be confirmed prior to therapy.
CONTRAINDICATIONS: None known.
WARNINGS: Use of Strontium Chloride Sr89 Injection USP in patients with evidence
of seriously compromised bone marrow from previous therapy or disease
infiltration is not recommended unless the potential benefit of the treatment
outweighs its risks. Bone marrow toxicity is to be expected following the
administration of Strontium Chloride Sr89 Injection USP, particularly white
blood cells and platelets. The extent of toxicity is variable. It is recommended
that the patient’s peripheral blood cell counts be monitored at least once every
other week. Typically, platelets will be depressed by about 30% compared to
pre-administration levels. The nadir of platelet depression in most patients is
found between 12 and 16 weeks following administration of Strontium Chloride
Sr89 Injection USP. White blood cells are usually depressed to a varying extent
compared to pre-administration levels. Thereafter, recovery occurs slowly,
typically reaching pre-administration levels six months after treatment unless
the patient's disease or additional therapy intervenes. In considering repeat
administration of Strontium Chloride Sr89 Injection USP, the patient’s
hematologic response to the initial dose, current platelet level and other
evidence of marrow depletion should be carefully evaluated. Verification of dose
and patient identification is necessary prior to administration because
Strontium Chloride Sr89 Injection USP delivers a relatively high dose of
radioactivity.
Forward-Looking Statements
This press release may contain “forward-looking statements” within the meaning
of Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. Such statements include, but are not limited to, any
statements relating to our growth strategy and product development programs and
any other statements that are not historical facts. Forward-looking statements
are based on management’s current expectations and are subject to risks and
uncertainties that could negatively affect our business, operating results,
financial condition and stock price. Factors that could cause actual results to
differ materially from those currently anticipated are: inspection of the
proposed third-party manufacturing facility by the FDA or other comments or
requests from the FDA in connection with the above mentioned regulatory filing;
failure of the proposed third-party manufacturing facility to pass an inspection
by the FDA; regulatory risks; risks related to our growth strategy; risks
relating to the results of research and development activities; our ability to
obtain, perform under and maintain financing and strategic agreements and
relationships; uncertainties relating to preclinical and clinical testing; our
dependence on third-party suppliers; our ability to attract, integrate, and
retain key personnel; the early stage of products under development; our need
for substantial additional funds; government regulation; patent and intellectual
property matters; competition; as well as other risks described in our SEC
filings. We expressly disclaim any obligation or undertaking to release publicly
any updates or revisions to any forward looking statements contained herein to
reflect any change in our expectations or any changes in events, conditions or
circumstances on which any such statement is based, except as required by law.
Contact
Denis Corin
CEO
Q BioMed Inc.
+1-888-357-2435
Q BioMed Inc. to Present at 30th Annual Roth Conference,
Taking Place March 11-14, 2018, in Dana Point, CA
New York, NY–(March 9, 2018)– Q BioMed Inc (OTCQB:
QBIO) a commercial
stage biotechnology acceleration company, announced today that Denis Corin,
Chief Executive Officer will present at the 30th Annual Roth Conference, being
held at the Ritz Carlton in Dana Point, California, on Monday March 12th, 2018.
In addition to presenting, Mr. Corin will be available for one-on-one investor
meetings on Monday and Tuesday March 12th and 13th.
Details of QBioMed's' participation are as follows:
Event: 30 Annual Roth Conference
Date: Monday March 12th, 2018
Time: 2:00 p.m. Pacific Time
Room: BLUE - SALON 2
Location: Ritz Carlton, Dana Point, California
About ROTH
ROTH Capital Partners, LLC (ROTH), is a relationship-driven investment bank
focused on serving emerging growth companies and their investors. As a
full-service investment bank, ROTH provides capital raising, M&A advisory,
analytical research, trading, market-making services and corporate access.
Headquartered in Newport Beach, Calif., ROTH is privately-held and owned by its
employees, and maintains offices throughout the U.S. For more information on
ROTH, please visit http://www.roth.com.
About Q BioMed Inc.
Q BioMed, Inc. is a biomedical acceleration and development company. We are
focused on licensing and acquiring biomedical assets across the healthcare
spectrum. Q BioMed is dedicated to providing these target assets the strategic
resources, developmental support and expansion capital they need to ensure they
meet their developmental potential, enabling them to provide products to
patients in need. For more information on Q BioMed Inc., please visit http://www.qbiomed.com.
Forward-Looking Statements
This press release may contain "forward-looking statements" within the meaning
of Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. Such statements include, but are not limited to, any
statements relating to our growth strategy and product development programs and
any other statements that are not historical facts. Forward-looking statements
are based on management's current expectations and are subject to risks and
uncertainties that could negatively affect our business, operating results,
financial condition and stock price. Factors that could cause actual results to
differ materially from those currently anticipated are: risks related to our
growth strategy; risks relating to the results of research and development
activities; our ability to obtain, perform under and maintain financing and
strategic agreements and relationships; uncertainties relating to preclinical
and clinical testing; our dependence on third-party suppliers; our ability to
attract, integrate, and retain key personnel; the early stage of products under
development; our need for substantial additional funds; government regulation;
patent and intellectual property matters; competition; as well as other risks
described in our SEC filings. We expressly disclaim any obligation or
undertaking to release publicly any updates or revisions to any forward looking
statements contained herein to reflect any change in our expectations or any
changes in events, conditions or circumstances on which any such statement is
based, except as required by law.
Contact
Denis Corin
CEO
Q BioMed Inc.
+1-888-357-2435
SOURCE Q BioMed Inc.
Q BioMed Adds Big Pharma Executive to Board of Directors
Veteran Novartis and WuXii Global Head
of Pharmaceutical Development Joins Company Board
New York, NY–(February 13, 2018)– Q BioMed Inc (OTCQB:
QBIO) a biotechnology
acceleration company, is pleased to welcome Dr. Rick Panicucci as an independent
member on its board of Directors.
Dr. Rick Panicucci is the Vice President of Pharmaceutical Development at STA
Pharmaceutical Co. Ltd. (A WuXi AppTec Company). He is responsible for providing
scientific leadership in the areas of Developability, Formulation Development
and GMP Manufacturing. Rick has been providing formulation and development
support to Mannin Research on Man01, our glaucoma drug candidate.
Prior to WuXi he held the position of Global Head of Chemical and Pharmaceutical
Profiling (CPP) at Novartis from 2004 to 2015, where he led the development and
implementation of innovative dosage form designs and continuous manufacturing
paradigms. He worked closely with Novartis BD&L and Venture Fund on many
external deals such as Proteus Digital Health, MicroChips, 7th Sense Bio, West
Pharma, Unilife, MIT and the University of Toronto to mention a few. He has also
held positions as the Director of Formulation Development at Vertex
Pharmaceuticals and Senior Scientist at Biogen.
Denis Corin, Q BioMed Chairman and CEO, said, "Rick has played an important role
in the early stages of drug discovery and deal making for various companies. We
are very pleased to have him join our board and welcome the vast experience and
oversight he brings." Mr Corin adds, "Having Rick join us as an independent
Director, is an important corporate governance step as we seek to uplist to a
national exchange this year."
Dr. Panicucci received his Ph.D. in Physical Organic Chemistry at the University
of Toronto, and has two post doctoral fellowships at the University of
California at Santa Barbara and the Ontario Cancer Institute.
Forward-Looking Statements:
This press release may contain "forward-looking statements" within the meaning
of Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. Such statements include, but are not limited to, any
statements relating to our growth strategy and product development programs and
any other statements that are not historical facts. Forward-looking statements
are based on management's current expectations and are subject to risks and
uncertainties that could negatively affect our business, operating results,
financial condition and stock price. Factors that could cause actual results to
differ materially from those currently anticipated are: risks related to our
growth strategy; risks relating to the results of research and development
activities; our ability to obtain, perform under and maintain financing and
strategic agreements and relationships; uncertainties relating to preclinical
and clinical testing; our dependence on third-party suppliers; our ability to
attract, integrate, and retain key personnel; the early stage of products under
development; our need for substantial additional funds; government regulation;
patent and intellectual property matters; competition; as well as other risks
described in our SEC filings. We expressly disclaim any obligation or
undertaking to release publicly any updates or revisions to any forward-looking
statements contained herein to reflect any change in our expectations or any
changes in events, conditions or circumstances on which any such statement is
based, except as required by law.
Contact:
Denis Corin
CEO
Q BioMed Inc.
+1-888-357-2435
SOURCE Q BioMed Inc.
Q Biomed Inc. Signs Exclusive Option Agreement With
Washington University in St. Louis for a Novel Companion Biomarker for
Monitoring Glaucoma
Potential Companion Diagnostic
Compliments MAN-01 Pipeline Glaucoma Drug
New York, NY–(February 8, 2018)– Q BioMed Inc (OTCQB:
QBIO) is pleased to
announce an exclusive option agreement with Washington University in St. Louis.
Under the agreement granting the exclusive right to license the technology, Q
BioMed will evaluate the feasibility and usability of GDF-15, a novel biomarker
for monitoring glaucoma, as a companion diagnostic to the MAN-01 small molecule
currently being optimized for the topical treatment of glaucoma.
"The ophthalmology in general and glaucoma sector specifically are currently in
an active consolidation and business development cycle. Having access to a truly
innovative technology that compliments ours as a companion diagnostic could
greatly enhance the value of the Mannin Research MAN-01 technology. We are
excited to evaluate this technology and look forward to a new collaborative
partnership with a leading institution like Washington University School of
Medicine," said Denis Corin, CEO of Q BioMed, Inc.

Glaucoma is one of the leading cause of blindness worldwide, estimated to affect
nearly 100 million people by 2020. The disease is linked to the buildup of
pressure within the eye. Such intra-ocular pressure can damage the optic nerve.
If the damage progresses, glaucoma can lead to permanent vision loss.
Progression of glaucoma is typically monitored through a visual field test, but
there has not been a reliable way to measure which patients have a high risk of
rapid vision loss.
Researchers at Washington University School of Medicine in St. Louis have
identified a marker of damage to cells in the eye that potentially could be used
to monitor progression of the disease and the effectiveness of treatment. Growth
differentiation factor 15 (GDF15) is a member of the transforming growth factor
(TGF-beta) superfamily and was recently identified as a promising biomarker for
glaucoma.
The researchers discovered GDF15 to be a biomarker for glaucoma using an array
analysis, which identified chemokines, growth factors, TGF-beta family members
and other ligands whose expression increased in the optic nerve crush model of
glaucoma but not in endotoxin-induced uveitis or light-induced retinal
degeneration models. They also validated GDF15 in both rat models of glaucoma
and in patients, showing that its expression correlates with disease severity.
Overall, GDF15 represents an attractive biomarker for glaucoma with distinct
advantages (i.e., early detection) over conventional clinical tests and has the
potential to be a first-in-class diagnostic test. The researchers' findings were
published online May 4, 2017 in the journal JCI Insight.
Please visit http://www.qbiomed.com for more information and sign up to receive
regular updates. Follow us on social media @QBioMed.
About Washington University School of Medicine in St. Louis
Washington University School of Medicine's 2,100 employed and volunteer faculty
physicians also are the medical staff of Barnes-Jewish and St. Louis Children's
hospitals. The School of Medicine is one of the leading medical research,
teaching and patient-care institutions in the nation, currently ranked seventh
in the nation by U.S. News & World Report. Through its affiliations with
Barnes-Jewish and St. Louis Children's hospitals, the School of Medicine is
linked to BJC HealthCare.
About Q BioMed, Inc.
Q BioMed, Inc. is a biomedical acceleration and development company. We are
focused on licensing and acquiring biomedical assets across the healthcare
spectrum. Q BioMed is dedicated to providing these target assets the strategic
resources, developmental support and expansion capital they need to ensure they
meet their developmental potential, enabling them to provide products to
patients in need.
Forward-Looking Statements:
This press release may contain "forward-looking statements" within the meaning
of Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. Such statements include, but are not limited to, any
statements relating to our growth strategy and product development programs and
any other statements that are not historical facts. Forward-looking statements
are based on management's current expectations and are subject to risks and
uncertainties that could negatively affect our business, operating results,
financial condition and stock price. Factors that could cause actual results to
differ materially from those currently anticipated are: risks related to our
growth strategy; risks relating to the results of research and development
activities; our ability to obtain, perform under and maintain financing and
strategic agreements and relationships; uncertainties relating to preclinical
and clinical testing; our dependence on third-party suppliers; our ability to
attract, integrate, and retain key personnel; the early stage of products under
development; our need for substantial additional funds; government regulation;
patent and intellectual property matters; competition; as well as other risks
described in our SEC filings. We expressly disclaim any obligation or
undertaking to release publicly any updates or revisions to any forward looking
statements contained herein to reflect any change in our expectations or any
changes in events, conditions or circumstances on which any such statement is
based, except as required by law.
Contact:
Denis Corin
CEO
Q BioMed Inc.
+1-888-357-2435
SOURCE Q BioMed Inc.
MORE ABOUT QBIO:
Q BioMed Inc. ''Q`` is a biomedical acceleration and development company. We
are focused on acquiring companies and biomedical assets. Q is dedicated to
providing these target companies and assets, strategic resources, developmental
support, and expansion capital to ensure they meet their developmental potential
enabling them to provide products to patients in need.
By partnering with exceptional entrepreneurs we aim to help to create
market-leading products and companies in the biomedical and healthcare sector.
As entrepreneurs and investors with operational and technical expertise we
embrace a collaborative approach to capital formation and business development.
THE RIGHT FIRM
Q focuses exclusively in the biotechnology and healthcare sectors, targeting a
broad spectrum of biomedical products and healthcare solutions. Q’s expertise is
in business & product development and the capital formation required for phased
advancement of products.
THE RIGHT SOLUTION
Our team aims to assist companies by utilizing our investment partners and
network of experts to provide public market access to private company assets.
THE RIGHT STRATEGY
Q expects to maximize risk-adjusted returns by focusing on clincal stage and
near revenue businesses where the technical, regulatory, and commercial risks
have been mitigated or where major valuation inflections are imminent.
Why Q BioMed
Through Q BioMed investors have the opportunity to invest in some of the most
innovative bio-medical products that they may never have known about.
Technologies are vetted by analysts, industry KOLs and experts.
Your investment is in Q BioMed – so you have public company liquidity without
being tied up in a private company with an unknown exit strategy and uncertain
value inflection milestones (FDA etc).
Q BioMed aims to mitigate risk by having multiple relationships and assets
across a broad spectrum of healthcare companies and sectors.
Success being shared as multiple assets mature at different times in their
development cycle passing on value to the Q BioMed shareholders.
Our network of advisors and proprietary relationships provide entrepreneurs with
access to multiple resources. We support entrepreneurs in every aspect of their
business. We build long-term connections with extraordinary management teams.We
believe in building market-leading companies through organic growth and planned
acquisition. Our team will assist companies utilizing our investment partners
and network of experts to provide public market access to private companies, IPO
strategy and after-market corporate development. These services underscore our
commitment to foster long-term management relationships resulting in market
leading products and solutions in the biomedical field.
Pipeline
Q BioMed Inc is assessing multiple BioMedical assets in various areas of
healthcare and drug development. Our Pipeline is not complete and not yet
formalized.
We are actively persuing a pipeline of oncology and orphan drug candidates that
we believe will provide a robust technology platform from which to build
significant value.e responsible
and ethical approach to guard resources and prevent materials from needlessly
going to a landfill.
Disclaimer
FN Media Group LLC (FNMG) owns and operates
FinancialNewsMedia.com (FNM)
which is a third party publisher that disseminates electronic information
through multiple online media channels. FNMG's intended purposes are to deliver
market updates and news alerts issued from private and publicly trading
companies as well as providing coverage and increased awareness for companies
that issue press to the public via online newswires. FNMG and its affiliated
companies are a news dissemination and financial marketing solutions provider
and are NOT a registered broker/dealer/analyst/adviser, holds no investment
licenses and may NOT sell, offer to sell or offer to buy any security. FNMG's
market updates, news alerts and corporate profiles are NOT a solicitation or
recommendation to buy, sell or hold securities. The material in this release is
intended to be strictly informational and is NEVER to be construed or
interpreted as research material. All readers are strongly urged to perform
research and due diligence on their own and consult a licensed financial
professional before considering any level of investing in stocks. The companies
that are discussed in this release may or may not have approved the statements
made in this release. Information in this release is derived from a variety of
sources that may or may not include the referenced company's publicly
disseminated information. The accuracy or completeness of the information is not
warranted and is only as reliable as the sources from which it was obtained.
While this information is believed to be reliable, such reliability cannot be
guaranteed. FNMG disclaims any and all liability as to the completeness or
accuracy of the information contained and any omissions of material fact in this
release. This release may contain technical inaccuracies or typographical
errors. It is strongly recommended that any purchase or sale decision be
discussed with a financial adviser, or a broker-dealer, or a member of any
financial regulatory bodies. Investment in the securities of the companies
discussed in this release is highly speculative and carries a high degree of
risk. FNMG is not liable for any investment decisions by its readers or
subscribers. Investors are cautioned that they may lose all or a portion of
their investment when investing in stocks. This release is not without bias, and
is considered a conflict of interest if compensation has been received by FNMG
for its dissemination. To comply with Section 17(b) of the Securities Act of
1933, FNMG shall always disclose any compensation it has received, or expects to
receive in the future, for the dissemination of the information found herein on
behalf of one or more of the companies mentioned in this release. For current
services performed FNMG was compensated forty four hundred dollars for Q BioMed Inc. news coverage by
the company. FNMG
HOLDS NO SHARES OF Q BioMed Inc. .
This release contains "forward-looking statements" within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E the Securities
Exchange Act of 1934, as amended and such forward-looking statements are made
pursuant to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. "Forward-looking statements" describe future expectations,
plans, results, or strategies and are generally preceded by words such as "may",
"future", "plan" or "planned", "will" or "should", "expected," "anticipates",
"draft", "eventually" or "projected". You are cautioned that such statements are
subject to a multitude of risks and uncertainties that could cause future
circumstances, events, or results to differ materially from those projected in
the forward-looking statements, including the risks that actual results may
differ materially from those projected in the forward-looking statements as a
result of various factors, and other risks identified in a company's annual
report on Form 10-K or 10-KSB and other filings made by such company with the
Securities and Exchange Commission. You should consider these factors in
evaluating the forward-looking statements included herein, and not place undue
reliance on such statements. The forward-looking statements in this release are
made as of the date hereof and FNMG undertakes no obligation to update such
statements.
|