Nutriband Inc. (OTCQB:NTRB)

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Nutriband Announces Issuance of U.S. Patent for Transdermal Abuse Deterrent Technology

Patent issuance expands U.S. patent portfolio for AVERSA™ transdermal abuse deterrent technology

 

Orlando, FL – September 20, 2023 – Nutriband Inc. (NASDAQ:NTRB) (NASDAQ:NTRBW), a developer of transdermal pharmaceutical products, today announced that the United States Patent and Trademark Office (USPTO) has granted US Patent No. 11,759,431 for Nutriband’s proprietary AVERSA™ abuse deterrent technology utilizing taste aversion to address the primary routes of abuse of opioid based transdermal patches.

 

The issuance of this patent, entitled, “Abuse and Misuse Deterrent Transdermal Systems,” further expands Nutriband’s intellectual property protection in the United States for its portfolio of abuse deterrent transdermal products based on its proprietary AVERSA™ abuse deterrent technology. This technology can be incorporated into transdermal patches to prevent the abuse, diversion, misuse, and accidental exposure of drugs with abuse potential. Nutriband’s lead product under development is AVERSA™ Fentanyl, an abuse deterrent fentanyl transdermal system, with the potential to become the first abuse deterrent pain patch on the market. AVERSA™ Fentanyl is estimated to have the potential to reach peak annual U.S. sales of $80M – $200M.[1]

 

“The issuance of this patent covering our AVERSA™abuse deterrent transdermal technology that utilizes taste aversion to address a primary route of abuse of opioid patches is an important component of our global IP portfolio.” stated Gareth Sheridan, Nutriband CEO. “This new patent strengthens our intellectual property position, which includes patents issued in 45 countries around the world.”

 

1 Health Advances market analysis report 2022

 

About AVERSA™ Technology

 

Nutriband’s AVERSA™ abuse deterrent transdermal technology can be utilized to incorporate aversive agents into transdermal patches to prevent the abuse, diversion, misuse, and accidental exposure of drugs with abuse potential. The AVERSA™ abuse deterrent technology has the potential to improve the safety profile of transdermal drugs susceptible to abuse, such as fentanyl while making sure that these drugs remain accessible to those patients who really need them. The technology is covered by a broad intellectual property portfolio with patents granted in the United States, Europe, Japan, Korea, Russia, Canada, Mexico, and Australia.

 

About Nutriband Inc.

 

We are primarily engaged in the development of a portfolio of transdermal pharmaceutical products. Our lead product under development is an abuse deterrent fentanyl patch incorporating our AVERSA™ abuse-deterrent technology. AVERSA™ technology can be incorporated into any transdermal patch to prevent the abuse, misuse, diversion, and accidental exposure of drugs with abuse potential.

 

The Company’s website is www.nutriband.com. Any material contained in or derived from the Company’s websites, or any other website is not part of this press release.

 

Forward-Looking Statements

 

Certain statements contained in this press release, including, without limitation, statements containing the words ‘’believes,” “anticipates,” “expects” and words of similar import, constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve both known and unknown risks and uncertainties. The Company’s actual results may differ materially from those anticipated in its forward-looking statements as a result of a number of factors, including those including the Company’s ability to develop its proposed abuse deterrent fentanyl transdermal system and other proposed products, its ability to obtain patent protection for its abuse technology, its ability to obtain the necessary financing to develop products and conduct the necessary clinical testing, its ability to obtain Federal Food and Drug Administration approval to market any product it may develop in the United States and to obtain any other regulatory approval necessary to market any product in other countries, including countries in Europe, its ability to market any product it may develop, its ability to create, sustain, manage or forecast its growth; its ability to attract and retain key personnel; changes in the Company’s business strategy or development plans; competition; business disruptions; adverse publicity and international, national and local general economic and market conditions and risks generally associated with an undercapitalized developing company, as well as the risks contained under “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in the Company’s Form S-1, Form 10-K for the year ended January 31, 2020 and Forms 10-Q, and the Company’s other filings with the Securities and Exchange Commission. Except as required by applicable law, we undertake no obligation to revise or update any forward-looking statements to reflect any event or circumstance that may arise after the date hereof.

 

SOURCE:  Nutriband Inc.

Nutriband Inc. Signs Exclusive License Agreement with RAMBAM Hospital Group for its Closed System Transfer Device

Orlando, FL –  December 15, 2020 – Nutriband Inc. (OTCQB: NTRB), a Nevada Corporation, announced that it signed an exclusive license agreement with RAMBAM Med Tech Ltd, a Division of the RAMBAM Hospital, the largest medical center in Northern Israel, for its Closed System Transfer Device designed to liquify drugs for patients who cannot swallow solids.

 

The Closed System Transfer Device or CSTD combines the act of crushing a solid drug, dissolving in liquid and giving to a patient who cannot swallow for various reasons.  The single-use device mechanically prohibits the transfer of environmental contaminants into the system and the escape of hazardous drug or vapor concentrations outside the system making the delivery technology both safe for patients and medical professionals, particularly when seeking to liquify or dissolve hazardous drugs.

 

Following the signing of the exclusive license agreement with RAMBAM, the company plans to develop and file for 510K approval in the United States in the coming months.

 

The licensing of RAMBAM’s CSTD device compliments the goal and pipeline of Nutriband Inc., which is to improve safety, comfort, and efficacy for the patient, primarily targeting already approved drugs to improve patient outcomes.

 

About Nutriband Inc.

 

The Company is primarily engaged in the development of a portfolio of transdermal pharmaceutical products. Its lead product under development is its abuse deterrent fentanyl transdermal system which the Company is developing to provide clinicians and patients with an abuse deterrent transdermal fentanyl product for use in managing chronic pain requiring opioid therapy.  The product is combined with properties designed to help combat the opioid crisis by deterring the abuse and misuse of fentanyl patches.

 

The Company’s website is www.nutriband.com

 

4P’s (Subsidiary) website is www.4PTherapeutics.com.

 

Pocono Pharma’s (Subsidiary) website is www.poconopharma.com

 

Any material contained in or derived from any of the company’s websites or any other website is not part of this press release.

 

About Our Forward-Looking Statements

 

Certain statements contained in this press release, including, without limitation, statements containing the words “believes,” “anticipates,” “expects,” plans and words of similar import, constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve both known and unknown risks and uncertainties. The Company’s actual results may differ materially from those anticipated in its forward-looking statements as a result of a number of factors, including those including the Company’s ability to develop its proposed abuse deterrent fentanyl transdermal system and other proposed products, its ability to obtain patent protection for its abuse technology, its ability to obtain the necessary financing to develop  products and conduct the necessary clinical testing, its ability obtain Federal Food and Drug Administration approval to market any product it may develop in the United States and to obtain any other regulatory approval necessary to market any product in other countries, including countries in Europe, its ability to market any product it may develop, its ability to create, sustain, manage or forecast its growth; its ability to attract and retain key personnel; changes in the Company’s business strategy or development plans; competition; business disruptions; adverse publicity and international, national and local general economic and market conditions and risks generally associated with an undercapitalized development stage company that does not have a product that can be marketed and the risks contained under “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in the Company’s Form 10-K for the year ended January 31, 2020 and under “Management’s Discussion and Analysis of Financial Conditions and Results of Operations” in the Company’s Form 10-Q for the six months ended July 31, 2020, and the Company’s other filings with the Securities and Exchange Commission. Except as required by applicable law, we undertake no obligation to revise or update any forward-looking statements in order to reflect any event or circumstance that may arise after the date hereof.

 

For more information, contact:

Victor Roberts
Red Chip Companies
407-571-0909
victor@redchip.com
www.redchip.com

 

Gerald Weigel

Public Relations Principal

Nutriband Inc.

Nutriband Office: 407-377-6695

Direct: 419-304-6300

Gerald.weigel@nutriband.com

 

 

Source: Nutriband Inc.

Nutriband Inc. Receives Notice of Allowance from Korean Intellectual Property Office (KIPO) for its 'Abuse and Misuse Deterrent Transdermal System' Patent

Orlando, FL –  December 10, 2020 – Nutriband Inc. (OTCQB: NTRB), a Nevada corporation (the “Company”) has received a notice of allowance from the Korean Intellectual Property Office (KIPO) for the ‘Abuse and Misuse Deterrent Transdermal Systems’ patent application filed by its clinical subsidiary 4P Therapeutics.

 

The patent underpins 4p Therapeutics’ abuse deterrent fentanyl transdermal system, AVERSA, which uses Taste aversion to addresses the primary routes of abuse for opioid based transdermal patches.

 

The Korean Intellectual Property Office is the latest to approve or allow the patent application following similar outcomes in Mexico, Europe, Russia, Australia and Japan.

 

About Nutriband Inc.

The Company is primarily engaged in the development of a portfolio of transdermal pharmaceutical products. Its lead product under development is its abuse deterrent fentanyl transdermal system which the Company is developing to provide clinicians and patients with an extended-release transdermal fentanyl product for use in managing chronic pain requiring around the clock opioid therapy combined with properties designed to help combat the opioid crisis by deterring the abuse and misuse of fentanyl patches.

 

The Company’s website is www.nutriband.com and 4P’s website is www.4PTherapeutics.com.  Any material contained in or derived from the Company’s or 4P’s websites or any other website is not part of this press release.

 

About Our Forward-Looking Statements

Certain statements contained in this press release, including, without limitation, statements containing the words ”believes,” “anticipates,” “expects” and words of similar import, constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve both known and unknown risks and uncertainties. The Company’s actual results may differ materially from those anticipated in its forward-looking statements as a result of a number of factors, including those including the Company’s ability to develop its proposed abuse deterrent fentanyl transdermal system and other proposed products, its ability to obtain patent protection for its abuse technology, its ability to obtain the necessary financing to develop products and conduct the necessary clinical testing, its ability to obtain Federal Food and Drug Administration approval to market any product it may develop in the United States and to obtain any other regulatory approval necessary to market any product in other countries, including countries in Europe, its ability to market any product it may develop, its ability to create, sustain, manage or forecast its growth; its ability to attract and retain key personnel; changes in the Company’s business strategy or development plans; competition; business disruptions; adverse publicity and international, national and local general economic and market conditions and risks generally associated with an undercapitalized development stage company that does not have a product that can be marketed, and the risks contained under “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in the Company’s Form 10-K for the year ended January 31, 2020 and under “Management’s Discussion and Analysis of Financial Conditions and Results of Operations” in the Company’s Form 10-Q for the three months ended July 31, 2020, and the Company’s other filings with the Securities and Exchange Commission. Except as required by applicable law, we undertake no obligation to revise or update any forward-looking statements in order to reflect any event or circumstance that may arise after the date hereof.

 

For more information, contact:
Victor Roberts
Red Chip Companies
407-571-0909
261074@email4pr.com
www.redchip.com

 

Gerald Weigel
Public Relations Principal
Nutriband Inc.
Nutriband Office: 407-377-6695
Direct: 419-304-6300
261074@email4pr.com

 

SOURCE Nutriband Inc.

NUTRIBAND INC. SIGNS ACQUISITION AGREEMENT OF CARMEL BIOSCIENCES AND FDA APPROVED PREXXARTAN™

Orlando, Fla. – Sept 26, 2018 – Nutriband Inc. (OTCQB: NTRB), is pleased to announce it has signed the definitive acquisition agreement to acquire Carmel Biosciences, Inc.  The acquisition is expected to be valued at approximately $2,700,000 and will be paid in company stock in the amount of 350,000 restricted common shares.

 

According to the agreement, Nutriband will acquire the NDA and ownership rights to FDA approved Prexxartan™, the ownership and rights to develop and market Carmel’s pipeline including CAR-509, CAR-510, CAR-511 and CAR-512 currently in Pre IND phase plus rights to Carmel’s clinically tested nutraceutical line.  This includes MET-191, a nutritional supplement which has demonstrated benefit of lipid management, appetite control, and weight management, while improving factors that contribute to the metabolic syndrome.

 

Carmel Biosciences is a pharmaceutical company that addresses critical needs in new drug and liquid reformulation for cardiovascular and metabolic therapies. The Carmel Biosciences team combines a deep understanding of lipid biochemistry and clinical expertise in the cardiovascular and metabolic space.

 

In December 2017 Carmel Biosciences received FDA approval on its first drug PREXXARTAN, the first and Only approved oral liquid dosage form of the angiotensin receptor blocker (ARB) valsartan in the United States.

Oral liquid dosage medications boast a number of benefits such as being better for patients with discomfort swallowing pills, they can often boast faster absorption and flexibility of dosage.

 

PREXXARTAN™ (valsartan oral solution) is indicated for treatment of hypertension in adults and children six years and older. PREXXARTAN™ is also indicated for use as therapy for the treatment of heart failure (NYHA class II-IV). Additionally, PREXXARTAN™ has also been indicated for stable left ventricular failure or left ventricular dysfunction after myocardial infarction.

 

In 2010, valsartan (trade name Diovan) achieved annual sales of $2.052 billion in the United States and $6.053 billion worldwide. The patents for valsartan and valsartan/hydrochlorothiazide expired in September 2012 (Philip Moeller (April 29, 2011). “Blockbuster Drugs That Will Go Generic Soon”. U.S.News & World Report.)

 

Pediatric Hypertension rates are a growing problem in the US with a presence in 2-5% of school-age children.

 

About Nutriband Inc.

 

Nutriband is a results driven, health and pharmaceutical company based in Orlando Florida.  Nutriband’s focus in on the development of novel and unique pharmaceutical and health products to improve treatments for patients, improve patient comfort and safety and more.

Currently all Nutriband products are based around the science of transdermal /topical technologies.

www.nutriband.com – Corporate

www.4Ptherapeutics.com – Clinical Development and prescription pipeline

 

Forward-Looking Statements

Certain statements contained in this press release, including, without limitation, statements containing the words “believes”, “anticipates”, “expects” and words of similar import, constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.  Such forward-looking statements involve both known and unknown risks and uncertainties.  Our actual results may differ materially from those anticipated in our forward-looking statements as a result of a number of factors, including our ability to create, sustain, manage or forecast our growth; our ability to attract and retain key personnel; changes in our business strategy or development plans; competition; business disruptions; adverse publicity and international, national and local general economic and market conditions.  Except as required by applicable law, we undertake no obligation to revise or update any of our forward-looking statements in order to reflect any event or circumstance that may arise after the date hereof.

 

For more information, contact:

Gareth Sheridan

CEO

Nutriband Inc.

407 880-6810

info@nutriband.com

www.nutriband.com

 

Paul Kuntz

RedChip Companies

407-644-4256, ext. 105

paul@redchip.com

 

SOURCE:  Nutriband Inc.

Nutriband Inc. (OTCQB: NTRB) to Host Investor Webinar to Discuss Acquisition of 4P Therapeutics Inc. & Other Important Recent Developments

ORLANDO, Fla., Aug. 23, 2018 /PRNewswire/ — Nutriband Inc. (OTCQB: NTRB), a pharmaceutical company developing and commercializing a portfolio of prescription pharmaceuticals, OTC’s and consumer products based around the science of transdermal/topical technologies, announced today that Gareth Sheridan, CEO, will host an audio and video webinar, slide presentation and live Q & A session for investors today (Thursday, Aug. 23, 2018) at 4:05 p.m. Eastern.

 

Mr. Sheridan will discuss various key events for Nutriband, among them the acquisition in April 2018 of 4P Therapeutics Inc., a company focusing on transdermal products for currently injected compounds, including proteins, peptides, macromolecules and biologics, and the transformation of 4P Therapeutics into the Pharmaceutical and Development arm of Nutriband. Mr. Sheridan will also talk about Nutriband’s recent appointments to its Advisory Board, among them Sean Gallagher, a former candidate for the presidency of Ireland, who now serves as president of Nutriband.

 

To view the webinar, please visit https://www.redchip.com/events

 

About Nutriband Inc.
Nutriband is a health and pharmaceutical company based in Orlando, Florida. With the acquisition of 4P, Nutriband now has a pipeline of potential transdermal products in various stages of development. All Nutriband products are based around the science of transdermal/topical technologies. Nutriband’s website is www.nutriband.com.

 

About Our Forward-Looking Statements
Certain statements contained in this press release, including, without limitation, statements containing the words “believes,” “anticipates,” “expects” and words of similar import, constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve both known and unknown risks and uncertainties. Our actual results may differ materially from those anticipated in our forward-looking statements as a result of a number of factors, including our ability to develop and market new products; our ability to complete the necessary testing in order to obtain regulatory approval; the safety and efficacy of any products we develop, our ability to obtain necessary financial to complete the regulatory process and market any products that we develop, our ability to create, sustain, manage or forecast our growth; our ability to attract and retain key personnel; changes in our business strategy or development plans; competition; business disruptions; adverse publicity and international, national and local general economic and market conditions. Except as required by applicable law, we undertake no obligation to revise or update any of our forward-looking statements in order to reflect any event or circumstance that may arise after the date hereof. Information on our website or any other website does not constitute a part of this press release.

 

For more information, contact:

Gareth Sheridan
CEO
Nutriband Inc.
(407) 880-6810
200592@email4pr.com
www.nutriband.com

Victor Roberts
RedChip Companies
(407) 571-0909
200592@email4pr.com

 

SOURCE Nutriband Inc.

Nutriband Inc. Announces the Appointment of Larry Dillaha, MD as Chief Medical Officer and to Advisory Board

ORLANDO, Fla., Aug. 2, 2018 /PRNewswire/ — Nutriband Inc. (OTCQB: NTRB) announced the appointment of Larry Dillaha, MD as chief medical officer and as a member of its Pharmaceutical Advisory Board.

 

Dr. Dillaha brings nearly 20 years of pharmaceutical industry experience to Nutriband. Prior to joining Nutriband, he was chief executive officer of Repros Therapeutics from February 2017 to February 2018. Prior to joining Repros, Dr. Dillaha was the chief executive officer of CavtheRx, an inception stage biotechnology company, from June 2016 to February 2017, and chief operating officer and chief medical officer of New Haven Pharmaceuticals, a specialty pharmaceutical company. He also served as chief medical officer of Insys Therapeutics, Sciele Pharma and as Medical Director of Sanofi-Sythelabo. Dr. Dillaha received an M.D. degree from the University of Tennessee, Memphis.

 

Garesh Sheridan, Nutriband’s chief executive officer, said, “Dr. Dillaha’s extensive experience includes substantial work in the therapeutic area of pain management, adding to the significant depth of the Nutriband scientific team as we work to develop and commercialize critical ADF transdermal products to this important area of pain therapy.”

 

Nutriband Inc.

Nutriband is a results driven, health and pharmaceutical company based in Orlando, Florida. With the acquisition of 4P, Nutriband now has a pipeline of potential transdermal products in various stages of development. All Nutriband products are based around the science of transdermal/topical technologies. Nutriband’s website is www.nutriband.com.

 

About Our Forward-Looking Statements

Certain statements contained in this press release, including, without limitation, statements containing the words “believes,” “anticipates,” “expects” and words of similar import, constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve both known and unknown risks and uncertainties. Our actual results may differ materially from those anticipated in our forward-looking statements as a result of a number of factors, including our ability to develop and market new products; our ability to complete the necessary testing in order to obtain regulatory approval; the safety and efficacy of any products we develop, our ability to obtain necessary financial to complete the regulatory process and market any products that we develop, our ability to create, sustain, manage or forecast our growth; our ability to attract and retain key personnel; changes in our business strategy or development plans; competition; business disruptions; adverse publicity and international, national and local general economic and market conditions. Except as required by applicable law, we undertake no obligation to revise or update any of our forward-looking statements in order to reflect any event or circumstance that may arise after the date hereof. Information on our website or any other website does not constitute a part of this press release.

 

For more information, contact:

Gareth Sheridan

CEO

Nutriband Inc.

407 880-6810

199538@email4pr.com

www.nutriband.com

 

SOURCE Nutriband Inc.

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About Nutriband Inc.

Good health is important to all of us, and finding solutions and maintaining technological advances in the area of health care is vital to achieving this.

Nutriband products are on the cutting edge of scientific research to meet the needs of our customers through a unique and simple way; A scientifically formulated dermal patch!

 

Our products are designed on the principle that molecular combinations can be absorbed not only orally but also, through the skin.

 

Transdermal (taking through the skin) technology is not only becoming more and more mainstream in the medicine industry because of its many benefits, it is also the way forward for the Nutriceutical industry.

 

Because of the method of intake, all Nutriband products contain nothing but the bare essential ingredients as there are no need for binders, fillers or unwanted animal by-products such as gelatine.

 

Nutriband Life Sciences is the pharmaceutical division of Nutriband Inc. focused on the development, research and marketing of innovative drug delivery systems.

 

We consistently evaluate our operations and progressions and on listening to the views of all of the people involved in health care decisions such as the FDA and Medical Journals. and our R&D partner’s.

 

Through working in partnership with everyone from Research partners to Manufacturers our goal is to ensure that people everywhere will have access to innovative treatments, technological advances and quality health care.

 

Our Mission

  • To be the leader in Global Transdermal Research and Drug Development
  • To provide alternative treatments using TD technology
  • To better the lives of patients

 

Imagine a world with improved patient compliance, a steady drug delivery state, less frequent dosing, minimal adverse effects, less invasive treatments and problems with gastrointestinal absorption issues are avoided by eliminating the first pass metabolism.

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