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MGC Pharmaceuticals makes good progress with CimetrA and CannEpil treatments

MGC Pharmaceuticals Ltd

MGC Pharmaceuticals chief commercial officer Robert Clements joined Proactive's Stephen Gunnion with details of the company's activity in the first quarter of 2023, as well as upcoming milestones. Clements noted that clinical trials of its CimetrA drug continue to demonstrate anti-inflammatory effects, with the results set to be used in a US new drug submission, adding that the US market holds significant potential for the company. This year, he said the company will also focus on expanding access to CannEpil in Europe, and advancing its cannabinoid-based investigational products. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

May 10, 2023 04:16 AM Eastern Daylight Time

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Monogram Orthopedics Plans NASDAQ Listing After Reg A+ Funding Round Concludes

Monogram Orthopedics

Monogram Orthopedics will conclude their Reg A+ funding round in preparation for their planned Nasdaq listing under the reserved ticker symbol “MGRM.” Monogram is working to develop patient-optimized, 3D-printed orthopedic implants enabled by robotics with advanced pre-operative imaging. Investors who wish to participate in the offering can subscribe at Monogram Orthopedics |Reg A+ Investment and hit the invest now button after reviewing the Company’s offering documents. The ability to subscribe to the offering on the Company’s site will conclude on May 10, 2023. Approximately 1.7 million patients receive knee replacement surgeries each year, but up to 20% experience chronic pain after the procedure. In addition, 40% of total knee replacement revision surgeries are caused by mechanical loosening, showing a need to improve knee implants for better fixation. Because of this, one-in-five patients report high levels of dissatisfaction after their procedure, with over a third of patients (36%) reporting they wouldn’t choose to have the procedure if they could do it again. Monogram Orthopedics plans to address these issues by 3D-printing FDA-approved implants tailored to each patient's unique anatomy. They are developing low-latency active-milling robots to make the precise cuts needed for custom implants, which aims to reduce the number of incisions and bone loss during surgery. “By 2027 50% of knee replacement surgeries will be performed robotically. Monogram is currently the only company offering FDA-approved, 3D printed, patient-specific implants that, in the future, will be inserted with active milling robots,” Benjamin Sexson, CEO of Monogram Orthopedics said. “With the coming close of our current Reg A+ funding round we are happily looking forward to our planned public listing. We imagine our investors will be just as excited as we are to one day see ‘MRGM’ scrolling on the ticker outside the NASDAQ exchange’s building in Times Square,” he added. “Having been a critical part of the Monogram development and heavily involved in building the formative technology as the Company's longest-tenured employee, I can say on behalf of myself and my colleagues that this planned listing will be a tremendous accomplishment. It has been an honor to help push this engineering effort and to have had the opportunity to play such a critical role in developing this transformative product.” Sanath Vurelli, Senior Robotics Engineer, at Monogram Orthopedics said. The company recently demonstrated a total knee replacement surgery by a surgeon operating in New York City on a cadaver patient in Austin, Texas. Their 3D-printed replacement’s patented design facilitates a bone-to-implant bond so they do not rely on bone cement. ABOUT MONOGRAM ORTHOPEDICS Monogram Orthopedics is working to develop a product solution architecture with the long-term goal to enable patient-optimized orthopedic implants at scale by linking 3D printing and robotics with advanced pre-operative imaging. The Company has a robot prototype that can autonomously execute optimized paths for high precision insertion of implants in synthetic bone specimens. Monogram intends to produce and market robotic surgical equipment and related software, orthopedic implants, tissue ablation tools, navigation consumables, and other miscellaneous instrumentation necessary for reconstructive joint replacement procedures. The Company has not yet made 510(k) premarket notification submissions or obtained 510(k) clearances for any of its robotic products. FDA approval is required to market these products, and the Company has not obtained FDA approval for any of its robotic products, and it cannot estimate the timing, or assure the ability, to obtain such clearances. Monogram Orthopedics changing the way orthopedic surgery is done. Our system combines personalized knee implants with precision robotic surgical assistants, giving patients a better-fitting knee replacement with minimally invasive surgery. 100,000 knee replacements failing each year in a $19.4B market, represents an enormous opportunity for us. This press release may include ''forward-looking statements.'' To the extent that the information presented in this presentation discusses financial projections, information, or expectations about Monogram Orthopedics Inc.’s business plans, results of operations, products or markets, or otherwise makes statements about future events, such statements are forward-looking. Such forward-looking statements can be identified by the use of words such as ''should,'' ''may,'' ''intends,'' ''anticipates,'' ''believes,'' ''estimates,'' ''projects,'' ''forecasts,'' ''expects,'' ''plans,'' and ''proposes.'' Although Monogram Orthopedics Inc. believes that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks and uncertainties that could cause actual results to differ materially from such forward-looking statements. You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading "Risk Factors" and elsewhere in the offering statement filed with the SEC. Forward-looking statements speak only as of the date of the document in which they are contained, and Monogram Orthopedics Inc. does not undertake any duty to update any forward-looking statements except as may be required by law. The offering will be made only by means of an offering circular. An offering statement on Form 1-A relating to these securities has been filed with the U.S. Securities and Exchange Commission and has become qualified. The securities offered by Monogram are highly speculative. Investing in shares of Monogram involves significant risks. The investment is suitable only for persons who can afford to lose their entire investment. Furthermore, investors must understand that such investment could be illiquid for an indefinite period of time. No public market currently exists for the securities, and if a public market develops following the offering, it may not continue. Monogram intends to list its securities on a national exchange and doing so entails significant ongoing corporate obligations including but not limited to disclosure, filing and notification requirements, as well compliance with applicable continued quantitative and qualitative listing standards. For additional information on Monogram, the offering and any other related topics, please review the Form 1-A offering circular that can be found at the following location EDGAR Entity Landing Page (sec.gov). Additional information concerning Risk Factors related to the offering, including those related to the business, government regulations, intellectual property and the offering in general, can be found in the risk factor section of the Form 1-A offering circular: https://www.sec.gov/Archives/edgar/data/1769759/000110465923024829/tm237645d1_partiiandiii.htm DealMaker Securities, LLC is being compensated a 4% commission from the lead Selling Agent engaged by Monogram Orthopedics Inc. The Company has engaged Digital Offering, LLC (“Digital Offering”) to act as lead selling agent (which we sometimes refer to as the “Selling Agent”) to offer the shares of our common stock, par value $0.001 (the “Common Stock”) to prospective investors in this offering on a “best efforts” basis, which means that there is no guarantee that any minimum amount will be received by the Company in this offering. The Company will pay a cash commission of 7.00% to Digital Offering on sales of the shares of Common Stock. See “Plan of Distribution” in the Offering Circular for details of compensation payable to the Selling Agent in connection with the offering. DealMaker Securities, LLC is not affiliated with other companies mentioned herein. Contact Details Monogram Orthopedics Loreana Davi +1 512-790-5151 info@monogramorthopedics.com Company Website https://invest.monogramorthopedics.com/

May 09, 2023 10:58 AM Eastern Daylight Time

Emergent Health Subsidiary PharmaZu Retains BF Borgers to Audit its Financial Statement as required by the Engagement Letter with Boustead Securities

Emergent Health Corp.

Emergent Health Corp. (OTC: EMGE), a curator, developer, and marketer of products in the Regenerative Health Space announced that it has engaged BF Borgers CPA PC, a full-service audit, tax, accounting, and advisory firm, as its Public Company Accounting Oversight Board (“PCAOB”) qualified auditor to audit the Company’s financial statement for the two-year period ending December 31 st, 2022 according to Generally Accepted Accounting Principles (“GAAP”). GAAP is the accounting standard adopted by the Securities and Exchange Commission (“SEC”) and is the default accounting standard used by companies based in the United States. Just last week on Thursday May 4 th, 2023, Emergent executed an Engagement Letter with Boustead Securities LLC. to act as exclusive financial advisor with respect to a planned corporate financing transaction including the private placement of securities (“pre-IPO Financing”) and a planned $10 million initial public offering of Emergent subsidiary PharmaZu common stock (“IPO”) that will apply for listing on NASDAQ with NO DILUTION to the Emergent Shareholders. PharmaZu is a pure play, e-commerce products and service provider focused on the Pet Community, Pet Pharmacy and Pet Wellness using Influencers and their content, including pet pharmacy, vet telehealth and pet wellness businesses. Upon the effectiveness of the IPO and listing on NASDAQ, PharmaZu plans to acquire a 48-state authorized compounding pharmacy located in West Palm Beach, FL, doing approximately $10M a year in revenue, which will serve as the backbone and fulfilment center for PharmaZu, creating a national platform throughout the United States. The raise of capital will be used for expanding PharmaZu’s business, product offerings, as well as for acquisitions. Subsequently, Emergent plans to distribute the shares of PharmaZu as a dividend to its shareholders, pro rata at NO COST to the Emergent Shareholders. Jim Morrison, former L'Oréal President and Emergents full time CEO stated, “As we first announced last week, the PharmaZu IPO is not only an enormous opportunity for the founders and leadership of PharmaZu, it is also a seminal event for the shareholders of Emergent Health. We are very serious about the PharmaZu IPO and have selected a "best-in-class" audit firm in B F Borgers as our 'PCAOB' audit firm. They are consummate professionals, and we are looking forward to working with the firm.” The execution of the Engagement Letter does not constitute a commitment by Boustead or the Company to consummate any transaction contemplated hereunder and does not ensure the successful placement of securities of any investment vehicle or the success of Boustead with respect to finding any investors or the success with respect to any transaction. No promises, representations or guarantees have been made. ABOUT BOUSTEAD SECURITIES, LLC Boustead Securities, LLC is an investment banking firm that executes and advises on IPOs, mergers and acquisitions, capital raises and restructuring assignments in a wide array of industries, geographies and transactions, for a broad client base. Boustead’s core value proposition is the ability to create opportunity through innovative solutions and tenacious execution. With experienced professionals in the United States, Boustead’s team moves quickly and provides a broad spectrum of sophisticated financial advice and services. Boustead is a majority-owned subsidiary of Boustead & Company Limited, a diversified non-bank financial institution. For more information visit please visit: www.boustead1828.com ABOUT BF BORGERS CPA PC BF Borgers CPA PC is based in Lakewood, Colorado and is registered as a Public Company Accounting Oversight Board (PCAOB) listed firm. At BF Borgers CPA PC we have built our practice by providing exceptional service to our clients through our commitment to our firm’s culture and values based on the three underlying principals Professionalism, Responsiveness and Quality. For More information, please visit BF Borgers CPA PC. ABOUT EMERGENT HEALTH CORPORATION Emergent curates, develops and sells products in the Regenerative Health Space. Its products comprise of ingestibles as well as topicals for the whole family. The company distributes its products online and through Content Based Shopping using Influencers to position products in their produced content throughout the United States and Internationally. Its subsidiaries; PharmaZu, is a pure play, e-commerce products and service provider focused on the Pet Community, Pet Pharmacy and Pet Wellness using Influencers and their content, including the pet pharmacy, vet telehealth and pet wellness businesses; Regen BioWellness, is a distributor of various products in the plant-based and regenerative medical fields. Evolutionary Biologics, is a new kind of biologics company founded for a clear purpose: bring cutting edge regenerative products to the medical community. Emergent does not claim any of its products are approved by the FDA to diagnose, treat, cure or prevent any disease. For more information, please visit Emergent's Website and Social Media on Twitter. Before using any products, you should always consult with your Veterinarian and/or Family Doctor. SAFE HARBOR STATEMENT This press release contains forward-looking statements that can be identified by terminology such as “believes,” “expects,” “potential,” “plans,” “suggests,” “may,” “should,” “could,” “intends,” or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results implied by such statements. These factors include, but are not limited to, our ability to continue to enhance our products and systems to address industry changes, our ability to expand our customer base and retain existing customers, our ability to effectively compete in our market segment, the lack of public information on our company, our ability to raise sufficient capital to fund our business, operations, our ability to continue as a going concern, and a limited public market for our common stock, among other risks. Many factors are difficult to predict accurately and are generally beyond the company's control. Forward-looking statements speak only as to the date they are made, and we do not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made. FOR MORE INFORMATION, PLEASE CONTACT: Jim Morrison, CEO Emergent Health Corporation Website i nfo@emergenthealthcompany.com Contact Details Emergent Health Corp. info@emergenthealthcompany.com Company Website https://emergenthealthcompany.com/

May 09, 2023 09:15 AM Eastern Daylight Time

Thai Leaf aims for a breakthrough in Thailand’s healthcare industry with its high-quality CBD oil and CBD infused products.

Thai Leaf Biotechnology Co., Ltd.

BANGKOK, THAILAND - Media OutReach - 9 May 2023 - As Thailand is now the first country in ASEAN to liberalize hemp and cannabis for medical use, Thai Leaf Biotechnology Co., Ltd. has unveiled its plan to develop products with CBD extract, to address the needs of the medical and healthcare market in Thailand and ASEAN. Mr. Robert Traill and Mr.Christopher Utz from Thai Leaf Biotechnology Co., Ltd. From recent developments in the Thai market, it is understandable for consumers and the general public to have controversial issues and resistance to this important breakthrough, as they are still confused between hemp and marijuana - the two varieties within the Cannabis family. Christopher Utz, Director of Product Development at Thai Leaf explained that the clear difference is that hemp contains high levels of CBD but low levels of THC, making it safe, unlike marijuana, which has THC levels in excess of 0.2%, making it narcotic, or making one "high". Generally speaking, THC acts on the nervous system to give an intoxicating effect, while CBD has no side effects, but has numerous therapeutic and medical benefits, as well as bringing the body back to its "neutral strange". Simply put, hemp is known for health as opposed to marijuana which is used for recreational purposes. Not generally known, hemp is one of the most useful plants on Earth. Among thousand other uses, it can be used to make materials, ropes, textiles, and paper, it can be used as fuel and can also be consumed. More recently, it has been developed for nutraceutical and pharmaceutical use. Mr. Utz further emphasized the science behind the benefits of CBD discovered merely 30 years ago. The endocannabinoid system (ECS) is a biological regulating system comprised of molecules called endocannabinoids naturally produced by the human body, -i.e. to help maintain homeostasis or, in other words, "balancing" your body, easing pain, sleep, mood, energy, inflammation and appetite. Cannabinoids such as CBD are found naturally within the cannabis plant and can mimic the functions of endocannabinoids and help to address any imbalance within the body. Mr. Utz looks forward to the introduction of Thai Leaf's outstanding hemp-infused nutraceutical and pharmaceutical products in 2023. All Thai Leaf products have a tremendous amount of experience and research behind them and they will have a noticeable health impact for its consumers. Robert Traill, President of Thai Leaf announced that Thai Leaf has a 3-year research collaboration with world's leading Cornell University, in the United States to develop a new tropical hemp strain for Thailand. The new strain would be able to grow with shorter day-lengths, be resistant to mold and have high CBD potency with negligible THC. With the founders' extensive background and experience in both the agricultural and pharmaceutical industry, Thai Leaf's end-game is in pharmaceutical CBD products. This background is what distinguishes Thai leaf from other producers. It has the experience of the highest production standards and combines it with expertise and know-how from the US and Canada. Mr. Traill is extremely positive about the growth of the industry in Thailand. The Thai CBD market is currently worth THB 7 billion, and forecasted to grow to THB 50 billion within the next three years. Thailand is the first country in the region to legalize hemp-derived CBD, and is in a unique and strong position to be a leader in the ASEAN region of 650 million potential consumers. Currently, due to the ambiguous stage of the laws, there may be unstandardized products that do not possess the claimed qualities and may contain undesirable compounds. Thai Leaf calls for a benchmark of standardization and traceability, which all producers need to adhere to, so that the consumer is guaranteed with the highest quality of products. The extraction and distillation of hemp biomass to produce high quality cannabinoids and CBD is an important step in providing fine quality products for the CBD industry. "There are simply no shortcuts to having good equipment and systems in place". Thai Leaf's final focus is pharmaceutical (medical) CBD. Therefore, it is essential that its factory is built to US GMP and European PIC/s standard (the highest standard for the medical industry) utilizing world-leading extraction, distillation and crystallization equipment from the US and Germany. Having Master Growers from the US and importing standard operation systems, also allows Thai Leaf to leverage decades of experience and know-how within its products. To summarize, with the right regulations in place, standards will automatically rise for all manufacturers, making it possible for Thailand to become a hub and regional leader for Hemp-derived raw materials, nutraceutical and pharmaceutical products, with high hopes that hemp becomes an economic crop for the Kingdom of Thailand. Find out more at the website https://thaileaf.com/. Media outlets requiring more information can make contact by e-mail on info@thaileaf.com Thai Leaf Biotechnology Co., Ltd. Thai Leaf is the first generation company to be licensed in Thailand for hemp derived CBD. We are vertically integrated from seed to pharmaceutical. The most valuable asset is our talented team of US experts who bring to Thailand their know-how and experience in the areas of seeds and strains, cultivation, and production. Contact Details JC&CO COMMUNICATIONS Watcharakorn Touthong watcharakornt@jcco.co.th JC&CO COMMUNICATIONS Kanyawee Wimolrat kanyaweew@jcco.co.th Company Website https://thaileaf.com/

May 09, 2023 09:00 AM Eastern Daylight Time

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News Release

Relief Therapeutics prepares for Nasdaq listing following transition into commercial-stage company

Relief Therapeutics

Relief Therapeutics CEO Jack Weinstein tells Proactive's Stephen Gunnion that a reverse 1-for-400 stock split has taken effect at the company as it targets a listing on the Nasdaq in a move that will raise its profile and attract more institutional investors. Weinstein also takes Proactive through the company's commercial and development drug pipeline as it makes progress with its transformation into a commercial-stage biopharmaceuticals company, identifying, developing and commercializing novel, patent-protected products in selected specialty, rare and ultra-rare disease areas on a global basis. Contact Details Proactive Investors +1 347-449-0879 na-editorial@proactiveinvestors.com

May 09, 2023 07:36 AM Eastern Daylight Time

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Kadimastem and iTolerance Sign Agreement and Receive US$1 Million from BIRD Foundation

Kadimastem Ltd.

Kadimastem (TASE: KDST) announced today that it has signed a collaboration agreement with US based company iTolerance Inc. Kadimastem and iTolerance with the signing of the agreement received their 1 st milestone payment of the NIS 3.65 million (US$1 million) total grant by Israel-U.S. Binational Industrial R&D Foundation (BIRD) for their joint project to co-develop and commercialize a breakthrough and innovative regenerative technology to cure diabetes without the need for chronic immunosuppression. As part of the agreement Kadimastem will supply its advanced cell product for the treatment of diabetes called IsletRx, which is comprised of clinical-grade clusters of human pancreatic islet like cells (ILCs) with the ability to secrete insulin. IsletRx cells can detect the sugar levels in the body and produce the required amounts of insulin and glucagon, just like a healthy pancreas can, and enables the insulin dependent patient to avoid an abnormal drop in sugar level (hypoglycemia). iTolerance will provide its technology (iTOL-100) intended to enable the transplantation of allogeneic cells without tissue matching and without the need for chronic treatments that suppress the immune system of the transplant recipient (immunosuppression). This platform technology has demonstrated positive results in preclinical experiments in large animals (non-human primates), where implanted pancreatic cells were shown to act as native cells, secreting insulin in response to sugar intake, without the need for long-term immunosuppressive treatments. The funding will be used to support the joint project that combines the technologies towards clinical application of iTOL-102, an allogeneic cell product intended to utilize stem cell derived pancreatic islets which allows an inexhaustible supply of insulin-producing cells that can be transplanted without the need for chronic immunosuppressive treatments. The prestigious grant was awarded by the BIRD Foundation after examining many projects. Earning the funding is a vote of confidence in the combined scientific potential and innovation presented in the joint project of Kadimastem and iTolerance for the treatment of diabetes. The project's total budget is US$2 million (~NIS 7.35 million ), of which the grant is US$1 million (~NIS 3.65 million), and will be allocated over a period of 30 months. The BIRD Foundation's decision was made after comprehensive due diligence and a competitive evaluation process between projects from different technology fields. Top experts in the field from both the Israel Innovation Authority and from the NIST in the US examined the combined project thoroughly, including the technology underlying the development, the regulatory pathway, and the ability and feasibility to commercialize and market the product that will be developed. The BIRD Foundation, established in 1977, invests in collaborations between Israeli and American companies in various fields of technology, for the development of joint products. In addition to financial support for grants, the fund assists companies in locating potential strategic partners and creating connections between the American and Israeli industry. Kadimastem CEO Asaf Shiloni said, “We are eager to begin our collaboration with iTolerance, which has developed a unique technology for cell transplantation without the need to suppress the immune system. The combination of Kadimastem’s abilities in the field of diabetes with iTolerance’s may in the future enable diabetic patients to live without the need for insulin injections, subject of course to regulatory compliances, and I believe that we will soon be able to bring a joint product to the clinic, with the aim to improve the lives of millions of diabetics worldwide”. Dr. Anthony Japour, Chief Executive Officer of iTolerance, added “We are excited to enter this agreement with Kadimastem to evaluate the combination of their stem cell technology with our proprietary iTOL-100 technology. We believe that this collaboration has the potential to provide a much-needed, innovative cure for the patients we work to serve and drive significant value for both companies. Additionally, we are grateful to the BIRD Foundation and their continued support and funding of the work as part of this agreement.” About Kadimastem Kadimastem is a clinical stage cell therapy company, developing and manufacturing "off-the-shelf", allogeneic, proprietary cell products based on its technology platform for the expansion and differentiation of Human Embryonic Stem Cells (hESCs) into functional cells. AstroRx®, the company's lead product, is an astrocyte cell therapy in clinical development for the treatment for ALS and in pre-clinical studies for other neurodegenerative indications. IsletRx is the company's treatment for diabetes. IsletRx is comprised of functional, insulin and glucagon producing and releasing pancreatic islet cells, intended to treat and potentially cure patients with insulin-dependent diabetes. Kadimastem was founded by Professor Michel Revel, CSO of the company and Professor Emeritus of Molecular Genetics at the Weizmann Institute of Science. Professor Revel received the Israel Prize for the invention and development of Rebif®, a multiple sclerosis blockbuster drug sold worldwide. Kadimastem is traded on the Tel Aviv Stock Exchange (TASE: KDST). About iTolerance, Inc. iTolerance is an early-stage privately held regenerative medicine company developing technologies to enable tissue, organoid or cell therapy without the need for life-long immunosuppression. Leveraging its proprietary biotechnology-derived Strepavidin-FasL fusion protein/biotin-PEG microgel (SA-FasL microgel) platform technology, iTOL-100, iTolerance is advancing a pipeline of programs using both allogenic pancreatic islets and stem cells that have the potential to cure diseases. The company’s lead program, iTOL-102, leverages significant advancements in stem cells to derive pancreatic islets which allows an inexhaustible supply of insulin-producing cells. Utilizing iTOL-100 to induce local immune tolerance, iTOL-102 has the potential to be a cure for Type 1 Diabetes without the need for life-long immunosuppression. Additionally, the company is developing iTOL-201 for the treatment of liver failure by utilizing hepatocytes and iTOL-401 as a nanoparticle formulation for large organ transplants without the need for life-long immunosuppression. For more information, please visit itolerance.com. At Kadimastem we envision being a global leader in cell therapy.Our passion and commitment keep us moving forward, to develop innovative regenerative therapies for incurable diseases. Our goal is to treat millions of patients around the world with that technology. Forward Looking Statement This document may include forward-looking information as defined in the Securities Law, 5728 – 1968. Forward-looking information is uncertain and mostly is not under Kadimastem’s control and the realization or non-realization of forward-looking information will be affected, among other things, by the risk factors characterizing the company's activity, as well as developments in the general environment and external factors affecting the company's activity. The company's results and achievements in the future may differ materially from any presented herein and the company makes no undertaking to update or revise such projection or estimate and does not undertake to update this document. This document does not constitute a proposal to purchase the company's securities or an invitation to receive such offers. Investment in securities in general and in the company in particular bears risks. One should consider that past performance does not necessarily indicate performance in the future. Contact Details Kadimastem Ltd. Asaf Shiloni +972 73-797-1613 INFO@kadimastem.com iTolerance Inc. Susan Roberts +1 202-779-0929 sr@roberts-communications.com Company Website https://www.kadimastem.com/

May 09, 2023 07:00 AM Eastern Daylight Time

Tiziana Life Sciences: Expansion into new clinical indications - Proactive Research Analyst

Tiziana Life Sciences PLC

Proactive research analyst Robin Davison speaks to Thomas Warner after publishing a new research note on clinical-stage biopharmaceutical company Tiziana Life Sciences Ltd (NASDAQ:TLSA). Tiziana has disclosed plans to file INDs (Investigational New Drug applications) aiming to expand the clinical indications of its lead product, intranasal foralumab, into mild-to-moderate Alzheimer’s Disease (AD) and long COVID-19. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

May 05, 2023 10:49 AM Eastern Daylight Time

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GBB Drink Lab Files $53M Lawsuit Against FSD Pharma for Nondisclosure Contract Breach and Trade Secret Misappropriation

GBB Drink Lab

GBB Drink Lab (“GBB” or the “Company”), maker of the world’s first formulated drink that aids in rapid blood alcohol detoxification, has announced that the Company has filed a lawsuit against FSD Pharma (NASDAQ: HUGE) (“FSD”), a publicly traded biotechnology company that operates in the pharmaceutical research and development business. As a result of FSD Pharma’s failure to comply with a Cease-and-Desist letter sent by GBB on April 14 th, 2023, the Company has subsequently filed a $53 million complaint for material breach of a mutual nondisclosure agreement and trade secret misappropriation. Filed on May 1 st, 2023, in the U.S. District Court for the Southern District of Florida, the complaint alleges that after seven months of exploring a business opportunity of mutual interest and benefit revolving around GBB’s blood alcohol detoxification drink, FSD Pharma publicly announced the misappropriation of GBB’s trade secrets to current and prospective investors in one of its press releases. In the press release, FSD Pharma discussed the launch of a new research and development program targeting unmet medical needs for alcohol misuse and deliberately omitted the underlying misappropriation. GBB’s lawsuit alleges that FSD Pharma used GBB’s proprietary and confidential material to raise capital, persuade iconic entrepreneurs to join its advisory board, and drive up the price of FSD Pharma’s publicly traded stock. The Company is seeking compensatory and punitive damages as well as an injunction against FSD Pharma preventing further unlawful disclosure and use of the Company’s trade secrets. The lawsuit has been filed in the U.S. District Court for the Southern District of Florida under the name GBB DRINK LAB, INC. v. FSD BIOSCIENCES INC. with case number: 0:23-cv-60800-AHS. GBB has a patented formula that accelerates the process of converting alcohol to sugar in the body. By enhancing the metabolic pathways that facilitate this process, the formula can help the body clear alcohol much faster than normal. The Company has been working on a proprietary drink for several years using its patented formula. About GBB Drink Lab GBB Drink Lab started with a vision of making a positive impact by offering practical, evidence-based solution to reducing Blood Alcohol Content. The company’s product has been meticulously crafted to optimize your ability to sober up thus enabling you to escape an inebriated state. GBB Drink Lab leadership team includes accomplished serial entrepreneurs, a former senior executive from one of the world’s largest beverage companies, and an industry-leading expert in flavoring science and product formulation. For more information, visit https://gbbdrinklab.com/. Media Contact Jarrett Boon Co-Founder, CEO, GBB Drink Lab, Inc Jarrett@gbbdrinklab.com 602-456-1555 Contact Details GBB Drink Lab Jarrett@gbbdrinklab.com Company Website https://gbbdrinklab.com/

May 05, 2023 08:45 AM Eastern Daylight Time

News Release

1606 Corp launches marketing campaign for CBD singles as it fills gap left by menthol tobacco ban

1606 Corp.

1606 Corp CEO Greg Lambrecht joins Proactive's Stephen Gunnion with details of the company's first major marketing campaign of 2023 focused on menthol-flavored tobacco alternatives in California to address the demand for menthol-flavored smokables following the state’s ban on menthol-flavored tobacco. He says the multi-channel direct marketing campaign, labelled ‘Cali Push,’ is targeted at California merchants, convenience stores, gas stations, liquor stores, and smoke shops which previously stocked menthol-flavored products. The company has enough inventory to place menthol replacement products in more than 2,000 stores immediately, he adds. Contact Details Proactive Investors +1 347-449-0879 na-editorial@proactiveinvestors.com

May 04, 2023 01:25 PM Eastern Daylight Time

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