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Q BioMed Inc. (OTCQB: QBIO) Breaking News - April 25, 2017



 

Q Biomed Announces Licensing Agreement for Development of Drug to Treat Rare Pediatric Disorder

 


New Treatment in Development Looks to Treat Rare Condition that Robs Approximately 20,000 US Children per Year of their Ability to Speak


New York, NY–(April 25, 2017)– Q BioMed Inc (OTCQB: QBIO) and ASDERA LLC today announce a licensing agreement that provides Q Biomed with the worldwide exclusive rights to ASDERA’s ASD-002, which is being developed to treat a rare pediatric nonverbal disorder. Under the terms of the agreement, Q Biomed receives global rights to develop and commercialize the drug in the rare pediatric disease market.

Among the more than 60,000 US children who develop autism spectrum disorders (ASD) every year, 20,000 become nonverbal or lose the ability to speak. The numbers are similar in Europe and this nonverbal group will have to rely on assisted living for the rest of their life.

Denis Corin, CEO of Q Biomed said, “Given the severity of this disorder, and the immense emotional toll on these children and their families, our goal is to move the product forward quickly by using all the regulatory tools available to us to expedite the advancement of this drug candidate.”

The cost for treatment and assisted living in the US alone can equal or exceed ten million dollars per patient over a lifetime. The estimated cost to the US healthcare system and lost productivity is estimated at 200 billion dollars each. Currently there is no treatment for this disorder. EEG, behavioral, and genetic testing can identify a very targeted population of children in their second year of life that we believe would respond to this treatment.

Research published in 2014 by Wittkowski et al in the Nature journal Translational Psychiatry and independently confirmed in 2015 by Gugliemi et al indicated that certain ion channels were not active enough in this targeted population. ASD-002 is designed to ameliorate this age-specific condition by activating these ion channels. If the second year of life treatment window is missed, many of these children may lose the ability to speak while others may never start to speak at all.

“We are very excited about the potential of ASD-002 and hopefully this will allow thousands of children each year to develop speech and live independent and productive lives,” added Corin.

“ASDERA’s mission is to focus on developing targeted therapies for diseases where there is a high unmet need,” said Dr. Knut Wittkowski. “We are grateful to be working with Q Biomed, which immediately saw the potential of ASD-002 and are committed to ensuring that ASD-002 reaches its intended target patient population.”

About This Rare Pediatric Nonverbal Disorder
Early physiological and behavioral signs of becoming nonverbal appear around nine months of age and include: excessive crying, abnormal eye tracking, and epileptiform EEG. These children may never speak or might begin speaking a few words and then “regress” and lose their ability to speak, while developing on the autism spectrum. Pathological symptoms manifest at the age of 24 months, at which age post-mortem scans reveal patchy regions of disorganization in cortical brain regions.

Research Papers:

● Wittkowski KM, Sonakya V, Bigio B, Tonn MK, Shic F, Ascano M, Nasca C, Gold-Von Simson G. A novel computational biostatistics approach implies impaired dephosphorylation of growth factor receptors as associated with severity of autism. Transl Psychiatry. 2014;4:e354. PMCID: 3905234. Available from: http://www.nature.com/articles/tp2013124.
● Guglielmi L, Servettini I, Caramia M, Catacuzzeno L, Franciolini F, D'Adamo MC, Pessia M. Update on the implication of potassium channels in autism: K(+) channelautism spectrum disorder. Front Cell Neurosci. 2015;9:34. PMCID: 4345917. Available from: https://doi.org/10.3389/fncel.2015.00034


About ASDERA
ASDERA is a privately held biotech company, whose mission is to provide solutions for diseases with high unmet needs. The results leading to ASD-002 were derived using a proprietary discovery platform that uniquely analyzes genetic data to identify collections of functionally related genes and, thus, possible drugs to modulate these functions. This platform has also been successfully applied to analyze clinical trials to identify targeted patient populations more likely to respond to therapy.

Q Biomed Inc.
Q BioMed Inc. is a biomedical acceleration and development company focused on licensing and acquiring biomedical assets across the healthcare spectrum. It is dedicated to providing these target assets the strategic resources, developmental support, and expansion capital needed to ensure they meet their 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.

________________________________

Recent QBIO News:

 

 

Q BioMed Inc. Announces Two New Members to its Scientific Advisory Board

 


Company Adds Highly Experienced Industry Advisors to its Strategic Resource Team


New York, NY–(April 13, 2017)– Q BioMed Inc (OTCQB: QBIO), a biotechnology acceleration company is pleased to announce the appointment of Dr. Amy Ripka and Dr. Rick Panicucci, to its board of scientific advisors.

Dr. Amy Ripka is the Executive Director of Medicinal Chemistry at WuXi AppTec. She started her career at Bristol Myers Squibb and over 17 years, has worked in various capacities in medicinal chemistry with many small companies, including EnVivo (FORUM) Pharmaceuticals as Head of Chemistry, Infinity, Daiamed, HydraBiosciences and FoldRx. Her current responsibilities include strategic planning in medicinal chemistry, early library drug design utilizing multiple in-silico methods, hit optimization and overall screening architectures, to advance early stage compounds through Phase I-II clinical development.

Dr. Ripka's therapeutic specialties include Neuroscience, Oncology, Thrombosis and Anti-Infective Disease areas. She has led multiple early stage programs resulting in four clinical candidates, two of which are marketed drugs. Her career has spanned big pharma, biotech and CROs, where she has made significant contributions to each of these.

Dr. Ripka, was elected by her peers to Chair the prestigious Medicinal Chemistry Gordon Research Conference and is currently serving a second elected term as the Industrial Councilor for the MEDI Division of the American Chemical Society.

Dr. Ripka, received her Ph.D. in Chemistry from the University of Wisconsin-Madison, with a double concentration in organic and medicinal chemistry, and did her post-doctoral studies with Nobel Laureate, K. Barry Sharpless from The Scripps Research Institute. Dr. Ripka will advise Mannin's scientific development and growth.

Dr. Rick Panicucci is the Vice President of Pharmaceutical Development at WuXi AppTec. He is responsible for providing scientific leadership in the areas of Developability, Formulation Development and GMP Manufacturing.

Dr. Panicucci plays an important role in the early stages of drug discovery for various companies. His responsibilities include solid state chemistry and formulation development of all small molecule therapeutics in early development, and developing novel drug delivery technologies for small molecules and large molecules, including siRNA.

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 has also held positions as the Director of Formulation Development at Vertex Pharmaceuticals and Senior Scientist at Biogen.

Dr. Panicucci received his Ph.D. in Physical Organic Chemistry at the University of Toronto, and has two post-doctoral fellowships at University of California at Santa Barbara and the Ontario Cancer Institute. Dr. Panicucci will advise our technology partner, Mannin Research Inc.'s development, both scientifically and commercially.

Both Amy and Rick have been working with Mannin in the development plan for MAN-01, a novel drug candidate for the topical treatment of open-angle glaucoma. George Nikopoulos, CEO of Mannin stated, "We are very pleased to formally welcome Amy and Rick to the team. Amy and Rick bring unparalleled experience in their respective areas, and their input to our MAN-01 program is tremendously valuable. We are excited to have them both on board and look forward to utilizing their experience beyond MAN-01, as we continue to grow our pipeline."

Denis Corin, CEO of Q BioMed Inc, added, "We are very pleased to welcome Amy and Rick and the extensive knowledge and experience they bring to our advisory board and we look forward to their input in all areas of our expanding pipeline".

Please visit our website www.qbiomed.com to sign up for regular updates and stay up-to-date with our progress.

About Q BioMed Inc.

Q BioMed Inc."Q" is a biomedical acceleration and development company. We are focused on licensing and acquiring biomedical assets across the healthcare spectrum. Q is dedicated to providing these target assets the strategic resources, developmental support, and expansion capital the 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.

 

 

Q BioMed Inc. Completes Final Closing on $4,000,000 Funding

 


Company Uses Capital to Advance Business and Expand Pipeline


New York, NY–(April 10, 2017)– Q BioMed Inc (OTCQB: QBIO), has closed on its final tranche of the $4,000,000 funding announced on November 30th, 2016. The company received $1,500,000 less fees on the final closing, bringing the total gross funds received to date to $4MM.

Capital from the transaction will be used to advance our business plan and pipeline as we commercialize our first asset, Strontium Chloride 89 injection (SR89). SR89 is indicated for bone pain palliation, providing long-lasting relief for patients suffering from debilitating bone pain due to metastatic cancer, typically caused by advanced-stage breast, prostate or lung cancer.

Last week, Q BioMed management attended the 2017 OMRF BioVenture Forum, an industry event organized and hosted by the Oklahoma Medical Research Foundation (OMRF), where we advanced discussions on the development of a novel liver cancer drug candidate. Approximately, 700,000 people annually throughout the world are diagnosed with liver cancer and approximately 600,000 deaths annually are attributed to liver cancer. Chemotherapeutic options for liver cancer are limited and the prognosis of liver cancer patients remains very poor.

Management met with industry colleagues as well as the Governor of Oklahoma, Mary Fallin, at a reception hosted by the Governor. We look forward to working with all parties on this important drug, in what is a vibrant biotechnology corridor in Oklahoma City.

The capital also allows us advance discussions with potential additional assets as we continue to develop our drug pipeline.

Please visit our website http://www.qbiomed.com to sign up for regular updates and stay up-to-date with our progress.

About Q BioMed Inc.

Q BioMed Inc. "Q" is a biomedical acceleration and development company. We are focused on licensing and acquiring biomedical assets across the healthcare spectrum. Q is dedicated to providing these target assets the strategic resources, developmental support, and expansion capital the 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.

 

 

Q BIOMED INC. COMPLETES 2nd CLOSING ON $4,000,000 FUNDING

 


COMPANY GEARS UP FOR PRODUCTION OF CANCER PAIN PALLIATION DRUG WITH COMMERCIAL LAUNCH EXPECTED IN Q2 2017


New York, NY–(March 22, 2017)– Q BioMed Inc (OTCQB: QBIO), has closed on its 2nd tranche of the $4,000,000 funding announced on November 30th 2016. The company received $1,000,000 on the 2nd closing bringing the total received to date to $2.5MM. We expect to receive the remaining $1.5MM upon on effectiveness of our recently filed registration statement on Form S-1.

In addition, we are pleased to announce that we have begun process validation for the manufacturing of the non-narcotic analgesic treatment for pain associated with metastatic bone cancer. The drug, generic Strontium Chloride 89 injection, provides long-lasting relief for patients suffering from debilitating bone pain due to metastatic cancer, typically caused by advanced-stage breast, prostate or lung cancer. It has been proven to provide a long-term effect, resulting in cancer pain relief and enhanced quality of life.

There are approximately 350,000 cases of patients living with bone metastases in the U.S. alone. In addition, 380,000 new diagnoses of patients with breast, prostate and lung cancer occur every year and approximately 1 in 3 of those will develop bone metastases.

The delivery of an affordable, non-narcotic pain therapy is a much needed and underutilized option for this patient population and coincides well with the recently passed 21st Century Cures Act combating opiate overuse and abuse.  The Act, provides $1 billion in funding over the next two years for opioid addiction prevention and treatment programs to develop, promote and use non-narcotic alternative therapies.

The commercialization of the drug allows us to deliver an effective and much needed alternative to hundreds of thousands of suffering patients. We are very pleased to offer this U.S. Food and Drug administration approved therapy to patients in the very near term. We are currently negotiating US based contract manufacturing organization (CMO) agreements and expect to have those completed along with the commercial launch in Q2 2017.

Please visit our website www.qbiomed.com to sign up for regular updates and stay up-to-date with our progress.

About Q BioMed Inc.
Q BioMed Inc.”Q“ is a biomedical acceleration and development company. We are focused on licensing and acquiring biomedical assets across the healthcare spectrum. Q is dedicated to providing these target assets the strategic resources, developmental support, and expansion capital the 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.
 

 

 

Q BIOMED JOINS WITH OKLAHOMA MEDICAL RESEARCH FOUNDATION AND RAJIV GANDHI CENTRE FOR BIOTECHNOLOGY TO DEVELOP LIVER CANCER CHEMOTHERAPEUTIC
 



New York, NY–(February 7, 2017)– Q BioMed Inc (OTCQB: QBIO), has entered into an agreement with the Oklahoma Medical Research Foundation (OMRF) and the Rajiv Gandhi Centre for Biotechnology (RGCB) to develop a chemotherapeutic technology to treat liver cancer.

The technology will utilize “uttroside B” and the compound’s derivatives as a chemotherapeutic agent against hepatocellular carcinoma. The preclinical efficacy of uttroside B, a potent saponin, against liver cancer was recently demonstrated in a November 3, 2016 study published in Scientific Reports, a Nature journal.

The compound has been isolated and characterized from the leaves of Solanum nigrum Linn, a plant widely used in traditional medicine. In the Scientific Reports study, researchers showed that in animal models, uttroside B was ten times more cytotoxic to the HepG2 liver cancer cell line than the only drug currently approved by the Food and Drug Administration for liver cancer.

Uttroside B drastically shrunk tumors in mice bearing human liver cancer xenografts. In addition, in pre-clinical experiments uttroside B induced cytotoxicity in all liver cancer cell lines, irrespective of their hepatitis B virus status, while being non-toxic to normal immortalized hepatocytes.

Chemotherapeutic options for liver cancer are limited, and the prognosis of patients remains challenging. According to the Centers for Disease Control and Prevention, it is the second most common cause of cancer deaths worldwide, claiming approximately 750,000 lives each year. In the US, the American Cancer Society estimates that 39,000 people will be diagnosed with primary liver cancer in 2017 and that 27,000 will die from the disease this year.

The currently available drug has been shown to increase survival by only a short period of time. That drug also been reported to carry a variety of serious side effects, including increased blood pressure, bleeding problems, decreased blood flow to the heart and heart attacks.

In the Scientific Reports study, uttroside B was shown to be several times more potent than the currently available drug and did not cause noticeable side effects in vitro or in vivo.

“We are encouraged by the preclinical results we observed in this data and look forward to working with our collaborators at OMRF and RGCB to carry out further pre-clinical and clinical evaluation of uttroside B,” Q BioMed Inc. CEO Denis Corin said. “Our ultimate goal is to use it as an effective chemotherapeutic against liver cancer, which currently has very few therapeutic options.”

The uttroside B technology is covered by a provisional patent application. To see the full Scientific Reports study, go to: http://www.nature.com/articles/srep36318

* * *

About Q BioMed Inc.
Q BioMed Inc. (Q) is a biomedical acceleration and development company. We are focused on licensing and acquiring biomedical assets across the healthcare spectrum. Q is dedicated to providing these target assets the strategic resources, developmental support, and expansion capital the need to ensure they meet their developmental potential, enabling them to provide products to patients in need‏.

About OMRF
OMRF (omrf.org) is an independent, nonprofit biomedical research institute dedicated to understanding and developing more effective treatments for human diseases. Its scientists focus on such critical research areas as cancer, diseases of aging, lupus and cardiovascular disease.

About RGCB
RGCB is an autonomous national institution fully owned by the Government of India. It does pioneering research in cellular and molecular mechanisms of human animal and plant disease by amalgamating theory, modeling, simulation and experimental science.

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. Announces Mannin Research Accepted Into Johnson & Johnson Innovation, JLABS @ Toronto
 



New York, NY–(February 2, 2017)– Q BioMed Inc (OTCQB: QBIO), a biotechnology acceleration company, is pleased to announce that Mannin Research, its research partner for the development of a novel pharmaceutical eye-drop to treat Primary Open-Angle Glaucoma utilizing the Tie2 Mechanism of Action, has been accepted into Johnson & Johnson Innovation, JLABS @ Toronto.

Q BioMed focuses on acquiring companies and biomedical assets, providing these target companies and assets, strategic resources, developmental support, and expansion capital to ensure they meet their developmental potential, and enabling them to provide products to patients in need‏.

JLABS @ Toronto is a 40,000 square-foot life science innovation center. The labs provide a flexible environment for start-up companies pursuing new technologies and research platforms to advance medical care. Through a "no strings attached" model, Johnson & Johnson Innovation does not take an equity stake in the companies occupying JLABS and the companies are free to develop products - either on their own, or by initiating a separate external partnership with Johnson & Johnson Innovation or any other company.

Mannin will utilize JLABS @ Toronto as complementary lab space to conduct commercial research and development as it relates to its MAN-01 program for Glaucoma and to the greater Tie2 platform technology. As a resident, Mannin will have access to the development and commercialization expertise provided by JLABS @ Toronto.

Mannin's CEO, Dr. George N. Nikopoulos stated, "We are excited to be apart of JLABS @ Toronto. We see tremendous value in being a part of the JLABS network. We are also excited to increase our footprint within the Toronto biotechnology cluster as a global company working to make positive local impacts in the communities where we operate."

Mannin Research has taken up residency at JLABS @ Toronto as of January 2017.

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. Announces Entry Into Definitive Funding Agreement for up to $4,000,000
 


Capital injection provides runway to bring FDA approved cancer palliation drug to market in early 2017 and continue advancing our glaucoma drug


New York, NY–(November 30, 2016)– Q BioMed Inc (OTCQB: QBIO), is pleased to announce that it has entered into a definitive agreement with Yorkville Advisors Global ("Yorkville") for up to $4,000,000 of convertible debentures. We have closed on the initial tranche of $1,500,000 and expect to close on the balance pending the effective registration of the underlying shares.

The conversion of the Yorkville debentures shall be at the lower of $4.00 or a 7% discount to market, with a floor price of $2.00. Please see our 8-K filing today for further details.

Q BioMed Inc. CEO, Denis Corin said, "We are very pleased to partner with Yorkville at this very exciting time in our evolution. Having a revenue ready drug in hand with the capital to execute on the production, manufacturing and roll out of the drug provides a real catalyst for Q BioMed. In addition to the near term revenue, we see significant upside in both the treatment of metastatic bone cancer (palliation) with our Strontium Chloride 89 radiopharmaceutical ("SR89") as well as the continued development of the Man-01 glaucoma drug."

SR89 is indicated for the treatment of pain associated with metastatic bone cancer. The generic radiopharmaceutical provides long lasting relief for patients suffering from debilitating bone pain due to metastatic cancer, typically caused by advanced-stage breast, prostate or lung cancer. It has been proven to provide a long-term effect resulting in non--narcotic cancer pain relief and enhanced quality of life.

There are approximately 350,000 cases of patients living with bone metastases in the US alone. An additional 380,000 new diagnoses of patients with breast and lung cancer per year and approximately 1 in 3 of those will develop bone metastases. Approximately 80% of patients using SR89 have reported experiencing a substantial decrease in pain, an increase in physical activity and a reduction in the need for opiate analgesics, such as morphine. This represents a very significant market and an opportunity to bring an effective and much needed product to many patients in need.

Please visit our website http://www.qbiomed.com to sign up for regular updates and stay up-to-date with our progress.

About Q BioMed Inc.

Q BioMed Inc."Q" is a biomedical acceleration and development company. We are focused on licensing and acquiring biomedical assets across the healthcare spectrum. Q is dedicated to providing these target assets the strategic resources, developmental support, and expansion capital the 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

 

 

Q BioMed Drug Development Partner to Attend EANM 2016 in Barcelona, Spain October 15-19 2016
 



New York, NY–(October 18 2016)– Q BioMed Inc (OTCQB: QBIO), Strontium Chloride 89 (SR89) drug development partner will attend the European Association of Nuclear Medicine (EANM) meeting in Barcelona, Spain.

With more than 130 Sessions, the EANM Annual Congress is the most valuable Nuclear Medicine Meeting worldwide. Each year, more than 5,500 participants have the possibility to network, socialize and discuss the newest trends and findings in the field of Nuclear Medicine. The EANM has approximately 2,100 abstracts annually from all over Europe and overseas. 130 exhibiting companies, covering an area of 3,000 sqm present their newest technologies.

Members of the Q BioMed advisory group and technology partners will be meeting with industry colleagues, collaborators and manufactures of materials required for the scale up and production of Q BioMeds recently licensed, FDA approved, SR89 drug. This licensed radiopharmaceutical agent is indicated for the treatment of pain associated with metastatic bone cancer. SR89 provides long lasting relief for patients suffering from bone pain due to metastatic cancer, typically caused by advanced-stage breast, prostate or lung cancer. The drug is preferentially absorbed in bone metastases, it has been proven to provide a long-term effect resulting in non--narcotic cancer pain relief and enhanced quality of life.

There are approximately 300,000 new cases of bone metastases in patients with breast and lung cancer per year in the U.S. alone. Approximately 80% of patients using SR89 have reported experiencing a substantial decrease in pain, an increase in physical activity and a reduction in the need for opiate analgesics, such as morphine.

Q BioMed CEO, Denis Corin said, "Key raw materials required for the manufacturing of the drug are sourced from Europe and this meeting provides an ideal opportunity to meet with all the relevant suppliers and stakeholders. These relationships and the agreements that result from these meetings are an important milestone as we begin roll out of the manufacturing process."

We expect to update the market with details surrounding the strategic milestones related to the production and delivery of this drug to market once they are finalized.

Please visit our website http://www.qbiomed.com to sign up for regular updates and stay up-to-date with our progress.

About Q BioMed Inc.

Q BioMed Inc."Q" is a biomedical acceleration and development company. We are focused on licensing and acquiring biomedical assets across the healthcare spectrum. Q is dedicated to providing these target assets the strategic resources, developmental support, and expansion capital the 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

 

 

Q Biomed Comments on its Glaucoma Drug and Industry News in the Ophthalmology Space
 



New York, NY–(October 7 2016)– Q BioMed Inc (OTCQB: QBIO), a biotechnology acceleration company with a glaucoma drug in development through its partner Mannin Research provides this update on the MAN-01 program and its relevance in the glaucoma market.

Over the last few weeks a number of significant deals and announcements have been made in the ophthalmology space. Aerie Pharmaceuticals, Inc.'s shares soared giving the company a market cap over $1 billion after the company announced successful 90-day primary efficacy data from the first phase III registration study, Mercury 1, on Roclatan.

Roclatan (once daily) is being evaluated for its ability of lowering intraocular pressure (IOP) in patients with glaucoma or ocular hypertension.

Q BioMed is developing a first in class drug targeting the Schlemm's canal and its role in regulating IOP, one of the leading causes of glaucoma. No other glaucoma company is targeting the Schlemm's Canal, the main drainage pathway in the eye. This unique vessel is responsible for 70-90% of the fluid drainage in the eye. The MAN-01 drug is currently in the lead optimization stage of its pre-clinical testing.

The success of this Aerie trial is an indication of the importance of this market, and the acute need for novel drugs to treat the over 60 million sufferers of this disease.

In related corporate sector news, Allergan plc, a leading global pharmaceutical company, and AqueSys, Inc. a private clinical stage medical device company focused on developing ocular implants that reduce intraocular pressure (IOP) associated with glaucoma, announced that they have entered into an agreement under which Allergan will acquire AqueSys in an all-cash transaction for a $300 million upfront payment and regulatory approval and commercialization milestone payments related to AqueSys' lead development programs.

Abbott Laboratories signed another multi-billion-dollar transaction that reaffirms growing interest in ophthalmology companies. In this deal, Abbott Laboratories is selling, Abbott Medical Optics to Johnson & Johnson Inc. for $4.325 billion in cash.

These transactions are another validation for Q BioMed and its platform treatment program with Mannin Research. The industry heavyweights are actively looking for, and acquiring innovative products in this space. We are also looking at additional indications and products to fit within our ophthalmology vertical.

Q BioMed CEO Denis Corin was interviewed on the Wall St Analyzer on Sept 14th. Please listen to the interview here...

http://wallstreetanalyzer.com/2016/09/14/q-biomed-otcqbqbio-president-and-ceo-denis-corin/

Please visit our website http://www.qbiomed.com to sign up for regular updates and stay up-to-date with our progress.

About Q BioMed Inc.

Q BioMed Inc."Q" is a biomedical acceleration and development company. We are focused on licensing and acquiring biomedical assets across the healthcare spectrum. Q is dedicated to providing these target assets the strategic resources, developmental support, and expansion capital the 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

 

 

Q BioMed Closes Licensing Agreement for FDA Approved Drug
 


Cancer palliation drug expected to start generating revenue in less than 12 months


New York, NY–(September 8, 2016)– Q BioMed Inc (OTCQB: QBIO), a biotechnology acceleration company is pleased to announce the closing of an exclusive license and option agreement for a FDA approved generic drug, Strontium Chloride ("SR89").

This licensed radiopharmaceutical agent is indicated for the treatment of pain associated with metastatic bone cancer. SR89 provides long lasting relief for patients suffering from bone pain due to metastatic cancer, typically caused by advanced-stage breast, prostate or lung cancer. The drug is preferentially absorbed in bone metastases, it has been proven to provide a long-term effect resulting in non--narcotic cancer pain relief and enhanced quality of life.

Our immediate efforts and resources will focus on the material procurement and manufacturing process as well as preparing the marketing plan and distribution strategy. This drug is expected to be revenue ready within a short time frame and we aim to generate sales within the first year.

We will make every effort to make this drug as widely available as possible and ensure that the drug will be priced competitively at a cost to patients that is lower than what they are currently paying. In the current environment of skyrocketing drug and medical costs, we believe this is a welcome deviation from the recent headlines.

There are approximately 300,000 new cases of bone metastases in patients with breast and lung cancer per year in the U.S. alone. Approximately 80% of patients using SR89 have reported experiencing a substantial decrease in pain, an increase in physical activity and a reduction in the need for opiate analgesics, such as morphine.

Further, we believe there is an opportunity to invest additional resources into the program to grow the revenue potential significantly. We look forward to making additional details available as soon as practical.

Denis Corin, CEO of Q BioMed Inc. said, "We are very excited about the potential for this drug and look forward to bringing it to market as quickly as possible, delivering significant value to all stakeholders, including current and future patients. The revenue we hope to realize will be a significant milestone for us and substantially derisks our business. However, over and above the near term revenue, we are particularly enthusiastic about the opportunities for growth to increase the potential revenue exponentially. "

Please visit our website http://www.qbiomed.com to sign up for regular updates and stay up-to-date with our progress.

More details can be seen on our Form 8-K filed today with the SEC.

About Q BioMed Inc.

Q BioMed Inc."Q" is a biomedical acceleration and development company. We are focused on licensing and acquiring biomedical assets across the healthcare spectrum. Q is dedicated to providing these target assets the strategic resources, developmental support, and expansion capital the 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

 

Q BioMed Inc. News:  SeeThruEquity Initiates Coverage on Q BioMed with a Price Target of $3.85
 


Q BioMed Inc. is to be featured on CEO Clips on The Documentary Channel as well as Thomson Reuters Insider Network at http://reut.rs/29TZ6Th - CEO Clips, a series which profiles the most innovative publicly traded companies in North America, will feature QBIO on The Documentary Channel in August, Monday through Friday, throughout the day and evenings.
 

New York, NY–(July 27, 2016)– SeeThruEquity, the leading independent equity research firm focused on smallcap and microcap public companies, today announced it has initiated coverage on Q BioMed Inc (OTCQB: QBIO) with a price target of $3.85.

The report is available here: http://www.seethruequity.com/#!qbio/cxnb.

QBIO is focused on identifying, acquiring and licensing attractive biomedical assets from small private companies and academia, which lack the resources and experience to bring their programs to market on their own. QBIO believes it can add considerable value to its investments by providing strategic capital, industry resources and experience in order to accelerate the development and commercialization of life science assets. QBIO’s initial program is MAN-01, a small molecule designed to treat glaucoma, an eye disease which affects 60mn people globally, and is expected to affect over 100mn people by 2020E. The glaucoma market is a $5 billion annual market opportunity, for which no new drugs have been approved in approximately 20 years. The company acquired an exclusive license to MAN-01 from Mannin Research, Inc. The technology platform is based on the research of Dr. Susan Quaggin, Chief Scientific Officer of Mannin Research. Broadly, Dr. Quaggin's research demonstrates a unique approach to treating a host of vascular diseases including glaucoma, cystic kidney disease, influenza, ebola, and others. These additional indications are part of the exclusive license agreement with Mannin. In addition to the Mannin Research platform technology, QBIO has announced its intention to acquire 2-3 additional programs over the next twelve months.

“In our view the experience and quality of management should a crucial role in the successful execution of the biomedical accelerator model. Indeed, the core value promised by QBIO is that it will be able to identify, develop, and support value-creating programs harvested from small private biomedical companies and academia, providing a conduit which would otherwise be difficult to access or unavailable to pubic company investors – and then provide strategic capital and other valuable resources to these companies to help them reach commercialization and/or a value-creating event. QBIO is led by CEO Denis Corin, who brings a wealth of experience in the biomedical field at both large pharmaceutical firms and small innovative firms in the biotech space,” stated Ajay Tandon, CEO of SeeThruEquity. “We see serval potential catalysts for the company in coming months, including the pending acquisition of a new cancer palliation drug. We are initiating coverage with a price target of $3.85.

Highlights from the report are as follows:

Promising initial program targeting glaucoma
QBIO’s initial asset is MAN-01, a preclinical small molecule designed for the treatment of glaucoma, an eye disease that affects 60mn people globally and represents a $5 billion annual market, according to the World Health Organization. Significantly, no new drugs for glaucoma have been approved in 20 years, despite the current standard of care being effective at stopping the progression of glaucoma but not providing a cure. MAN-01 is a pre-clinical asset which QBIO has licensed from Mannin Research, and we expect the companies to provide details of the clinical study in 2017, with the first-in-human proof-of-concept clinical trial executed in 2018.

New acquisitions on the horizon, with revenue a possibility
Beyond MAN-01, QBIO management is looking to make 2-3 acquisitions over the next year, including at least one with short-term revenue-generating potential. On June 1, 2016, QBIO announced that it entered into an agreement to exclusively license a “revenue ready,” FDA-approved drug indicated for pain care associated with metastatic bone cancer. QBIO has stated that the new program is expected to provide $1mn+ in revenues in the first year following the close of the deal with a goal of $10mn+ in annual sales within 3-5 years. The deal offers QBIO an attractive entry point to access to a cancer palliation drug undergoing label expansion to therapeutic, which management expects to result in a target market opportunity of approximately $1 billion per year within 36 months of the acquisition’s close.

Please review important disclosures at www.seethruequity.com.

About Q BioMed Inc.
Q BioMed Inc. ”Q“ is a biomedical acceleration and development company. We are focused on licensing and acquiring undervalued biomedical assets in the healthcare sector. Q is dedicated to providing these target assets; strategic resources, developmental support, and expansion capital to ensure they meet their developmental potential, enabling them to provide products to patients in need‏.

About SeeThruEquity
Since its founding in 2011, SeeThruEquity has been committed to its core mission: providing impactful, high quality research on underfollowed smallcap and microcap equities. SeeThruEquity has pioneered an innovative business model for equity research that is not paid for and is unbiased. SeeThruEquity is the host of acclaimed investor conferences that are the ultimate event for publicly traded companies with market capitalizations less than $1 billion.

SeeThruEquity is approved to contribute its research reports and estimates to Thomson One Analytics (First Call), the leading estimates platform on Wall Street, as well as Capital IQ and FactSet. SeeThruEquity maintains one of the industry’s most extensive databases of opt-in institutional and high net worth investors. The firm is headquartered in Midtown Manhattan in New York City.
For more information visit www.seethruequity.com.

Contact:

SeeThruEquity
info@seethruequity.com

 

Q BioMed Inc. Advisor and Mannin Research Inc CSO Dr Susan Quaggin Elequently Discusses Glaucoma and Man-01 with Eye on Vision Radio
 


Media Alert - Radio and Podcast Interview with Eye on Vision WYPL-FM 89.3
 

NEW YORK, - July 14, 2016 /PRNewswire/ -- Q BioMed Inc (OTC: QBIO), partner Mannin Research Inc. CSO Dr. Susan Quaggin discusses glaucoma, treatment options, and her novel findings on the relationship between Tie2/TEK signaling, Schelmm's Canal and glaucoma with Eye on Vision. In the interview Dr. Quaggin explains intraocular pressure (IOP), one of the major causes of glaucoma and her research into understanding Tie2/TEK signalling and its relationship with Schlemm's Canal function and regulation of intra-ocular pressure.

Mannin's researchers have received the first of several drug candidates for testing. Once finalized, the lead candidates will be formulated for clinical testing in a topical application in the form of an easy to administer eye drop. This is a key differentiator for Mannin and aims to solve the compliance problems and invasive procedures currently available to patients suffering from glaucoma.

In October 2015 Q BioMed Inc. entered into an agreement with Mannin Research to exclusively license, with an option to acquire, the platform technology assets of Mannin Research, the developer of a new class of vascular therapeutics including the technology discussed here.

To listen to the interview, please visit the Eye On Vision podcast here, http://eyeonvision.blogspot.ca/2016/06/dr-susan-quaggin-and-eyewear-gallerys.html

For more on Mannin Inc. please visit http://www.mannin.ca

Please visit our website http://www.qbiomed.com to sign up for regular updates and stay up-to-date with our progress.

About Q BioMed Inc.

Q BioMed Inc. "Q" is a biomedical acceleration and development company. We are focused on licensing and acquiring biomedical assets across the healthcare spectrum. Q is dedicated to providing these target assets the strategic resources, developmental support, and expansion capital the 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

George N. Nikopoulos
CEO
Mannin Research Inc.
+1-416-775-9767

SOURCE Q BioMed Inc

 

Q BioMed Inc. Reports on Current and New Potential Assets
 


New Near Term Revenue Asset Deal Pending and MAN-01 Drug Candidate Optimization and Selection Progressing on Schedule
 

NEW YORK, - June 1, 2016  /PRNewswire/ -- Q BioMed Inc (OTC: QBIO), a biotechnology acceleration company is pleased to report on new potential asset license/acquisition and an update on Man 01 development.

We are pleased to announce that we have entered into a definitive agreement to exclusively license a FDA approved drug from a private U.S. Company focused on the development of generic pharmaceuticals.

The drug is indicated for the treatment of pain associated with metastatic bone cancer. As a result, this asset is expected to generate revenue within the first year post-closing. The closing of the transaction is subject to certain conditions being met to our satisfaction by the closing date, which we hope will be by the end of June.

We look forward to making additional details available as soon as practical.

Denis Corin, CEO of Q BioMed Inc. said, "We are very excited about the potential of this deal and look forward to bringing this transaction to fruition and thereby delivering significant value to all stakeholders, including the patients in need of this drug."

In addition, Mannin Research Inc. our technology partner company focused on the discovery, development, and commercialization of first-in-class therapeutics for vascular diseases, provides an update on its drug development program, MAN-01 for treatment of Primary Open Angle Glaucoma (POAG).

Mannin's primary indication, MAN-01 for treatment of POAG has initiated pre-clinical lead candidate optimization of a small molecule for topical application. Lead candidate selection is progressing on-time and on-budget. The topical application in the form of an easy to administer eye drop is a key differentiator for Mannin and aims to solve the compliance problems and invasive procedures currently available to patients suffering from glaucoma.

In addition, Mannin is continuing its focus on research and discovery on the biology of Tie2/TEK signalling and its relationship with Schlemm's Canal function and regulation of intra-ocular pressure. Additional data sets and IP have been developed around this novel mechanism of action. Mannin is evaluating strategic partnerships opportunities to grow its intellectual property portfolio within the Tie2/TEK signalling market, and is seeking complementary technologies to strengthen its product pipeline.

Mannin and Q BioMed executives will be attending the BIO International Convention (BIO 2016) from June 6-9 in San Francisco. BIO attracts over 15,000 biotechnology and pharma leaders where Mannin will explore new opportunities and promising partnerships.

Mannin is currently in the third month of the Canada-Chicago Mentorship Program (C2MP) which is a part of the Chicago Innovation Mentors (CIM@MATTER) incubator. The mentorship team has provided valuable feedback on the MAN-01 program, as well as providing advice on Mannin's partnering approach and general business strategy.

"We are pleased with the progress our research teams have achieved over the past three months. We look forward to advancing our corporate and strategic goals as it relates to our lead candidate for treating Primary Open Angle Glaucoma," said George Nikopoulos, Mannin's CEO.

Dr. Susan Quaggin, Mannin's CSO added, "Recent work in the lab underscores the essential role of Angpt-Tie2/TEK signalling for development of the anterior chamber of the eye - which contain the structures needed to maintain safe levels of intraocular pressure. We are excited to begin to test compounds in preclinical studies."

Lastly, Q BioMed has been conducting due diligence on several potential assets for other indications with the goal of expanding our pipeline and enhancing shareholder value.

Please visit our website http://www.qbiomed.com to sign up for regular updates and stay up-to-date with our progress.

About Q BioMed Inc.

Q BioMed Inc."Q" is a biomedical acceleration and development company. We are focused on licensing and acquiring biomedical assets across the healthcare spectrum. Q is dedicated to providing these target assets the strategic resources, developmental support, and expansion capital the 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. Further, in the event that the company with which we have recently signed a license/acquisition agreement subject to conditions fails to satisfy such conditions by closing, we will not proceed with the transaction. Other than update the status of the the aforementioned license/acquisition, 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

George N. Nikopoulos
CEO
Mannin Research Inc.
+1-416-306-2853
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.




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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.