Kane Biotech Announces Distribution Agreement with Razan Medical Trading for revyve™ Antimicrobial Wound Gel
22 Agosto 2024 - 7:30AM
Kane Biotech Inc. (TSX- V:KNE; OTCQB:KNBIF) (the “Company” or “Kane
Biotech”) today announces that it has signed a three year
distribution agreement with Razan Medical & Surgical Equipment
Trading LLC (“Razan Medical” or “Razan Medical Trading”) for its
revyve™ Antimicrobial Wound Gel in the United Arab Emirates (UAE)
wound care market.
“At Razan Medical, we are dedicated to introducing the latest
innovations in the medical device industry. Our commitment to
advancing wound care — from prevention to healing — has led us to
pursue this partnership with Kane,” said Hussain Malkawi, Managing
Director of Razan Medical. “Our collaboration will bring forth an
exceptional product to the UAE market which will benefit thousands
of patients. We are thrilled about this partnership and look
forward to a successful and impactful collaboration.”
“Kane continues to deliver on its commitment to
commercialization with this first distribution agreement in the
Middle East,” said Marc Edwards, President & CEO. “We’re
looking forward to partnering with Razan Medical to bring revyve™
to market in the UAE and we are confident that it is in great
hands.”
This is Kane’s third distribution agreement for revyve™. Kane
had previously announced agreements with ProgenaCare Global LLC for
the US wound care market and Salud Pharma S.A. for Colombia, Costa
Rica and Panama. Kane also recently announced its intent to
commercialize revyve™ in Canada following the obtention of its ISO
13485:2016 Medical Device Single Audit Program (MDSAP)
certification.
About Kane Biotech
Kane Biotech is a biotechnology company engaged in the research,
development and commercialization of technologies and products that
prevent and remove microbial biofilms. The Company has a portfolio
of biotechnologies, intellectual property (68 patents and patents
pending, trade secrets and trademarks) and products developed by
the Company's own biofilm research expertise and acquired from
leading research institutions. DispersinB®, Aledex™, coactiv+™,
coactiv+®, DermaKB™, DermaKB Biofilm™, and revyve™ are trademarks
of Kane Biotech Inc. The Company is listed on the TSX Venture
Exchange under the symbol "KNE" and on the OTCQB Venture Market
under the symbol “KNBIF”.
About Razan Medical Trading
Established in 2015 by Mr. Hussain Malkawi as the trading arm of
Razan Medical Group, Razan Medical Trading serves as a local (UAE)
and regional distributor of medical equipment and consumables in
the MENA region. With over 30 years of expertise managing
multinational companies in the Middle East and Africa, we provide a
wealth of knowledge and experience to ensure a visible and
influential presence in the region.
For more information:
Marc Edwards |
Ray Dupuis |
Chief Executive Officer |
Chief Financial Officer |
Kane Biotech Inc |
Kane Biotech Inc |
medwards@kanebiotech.com |
rdupuis@kanebiotech.com |
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Caution Regarding Forward-Looking
InformationThis press release contains certain statements regarding
Kane Biotech Inc. that constitute forward-looking information under
applicable securities law. These statements reflect
management’s current beliefs and are based on information currently
available to management. Certain material factors or assumptions
are applied in making forward-looking statements, and actual
results may differ materially from those expressed or implied in
such statements. These risks and uncertainties include, but are not
limited to, risks relating to the Company’s: (a) financial
condition, including lack of significant revenues to date and
reliance on equity and other financing; (b) business, including its
early stage of development, government regulation, market
acceptance for its products, rapid technological change and
dependence on key personnel; (c) intellectual property including
the ability of the Company to protect its intellectual property and
dependence on its strategic partners; and (d) capital structure,
including its lack of dividends on its common shares, volatility of
the market price of its common shares and public company costs.
Further information about these and other risks and uncertainties
can be found in the disclosure documents filed by the Company with
applicable securities regulatory authorities, available
at www.sedar.com. The Company cautions that the foregoing list
of factors that may affect future results is
not exhaustive.
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