Calgary, Alberta–(Newsfile Corp. – January 22, 2021) – Hemostemix Inc. (TSXV: HEM) (OTC: HMTXD) (“Hemostemix” or the “Enterprise“) is pleased to announce it has signed the Building Relationships Business people & Dealmakers (BREAD) agreement with the Section of Overseas Affairs, Trade and Progress. An initiative to guide substantial-opportunity, biotech concentrated Canadian Smaller and Medium Company (SMEs), the plan is designed to accelerate the expansion of Hemostemix and other Canadian biotechnology businesses.
“We are actively working with the Trade Commissioner Support of CANADA in the United states of america, Japan and South Korea to resource experienced associates to go to market with,” mentioned Thomas Smeenk, CEO. “The BREAD arrangement marks our Firm’s starting off place to out-license ACP-01, and it generates our sponsorship into BioCom.”
ABOUT THE TRADE COMMISSIONER Service OF CANADA
The Trade Commissioner Service (TCS) plays an active role in serving to Canadian businesses obtain their ambitions of development into international markets. Its companies aim on helping companies prepare for worldwide markets, evaluating sector possible, locating capable contacts and partners and resolving challenges.
Hemostemix is a publicly traded autologous stem mobile remedy corporation, established in 2003. A winner of the Planet Economic Discussion board Technology Pioneer Award, the Business developed and is commercializing its guide products ACP-01 for the treatment of CLI, PAD, Angina, Ischemic Cardiomyopathy, Dilated Cardiomyopathy and other conditions of ischemia. ACP-01 has been employed to address above 300 clients, and it is the subject of a randomized, placebo-controlled, double blind trial of its safety and efficacy in people with state-of-the-art important limb ischemia who have exhausted all other solutions to conserve their limb from amputation.
On October 21, 2019, the Corporation declared the effects from its Section II CLI trial abstract presentation entitled “Autologous Stem Cell Treatment for CLI Patients with No Revascularization Options: An Update of the Hemostemix ACP-01 Trial With 4.5 Yr Observe-up”, which famous healing of ulcers and resolution of ischemic relaxation pain occurred in 83% of people, with results maintained for up to 4.5 years.
The Firm owns 91 patents throughout 5 patent family members titled: Regulating Stem Cells, In Vitro Methods for use with Stem Cells, Production from Blood of Cells of Neural Lineage, and Automated Cell Treatment. For far more information, remember to stop by www.hemostemix.com.
For even further data, please speak to:
Thomas Smeenk, President, CEO & Co-Founder
Suite 1150, 707 – 7th Avenue S.W., Calgary, Alberta T2P 3H6
Cell phone: 905-580-4170
Neither the TSX Undertaking Trade nor its Regulation Provider Provider (as that time period is described below the insurance policies of the TSX Venture Trade) accepts accountability for the adequacy or precision of this information launch.
Ahead-On the lookout Facts: This information launch contains “forward-seeking data” within the meaning of applicable Canadian securities laws. All statements, other than statements of historical fact, provided herein are forward-on the lookout data. In individual, this information launch includes ahead-wanting details in relation to: the commercialization of ACP-01. There can be no assurance that these types of forward-wanting details will prove to be accurate. True benefits and upcoming gatherings could vary materially from individuals predicted in this sort of ahead-seeking information. This ahead-wanting information reflects Hemostemix’s latest beliefs and is based mostly on data presently available to Hemostemix and on assumptions Hemostemix believes are realistic. These assumptions contain, but are not limited to: the underlying worth of Hemostemix and its widespread shares the profitable resolution of the litigation that Hemostemix is pursuing or defending (the ”Litigation“) the results of ACP-01 research, trials scientific tests and assessment, together with the midpoint investigation, staying equal to or greater than previous exploration, trials or research as nicely as management’s expectations of expected effects Hemostemix’s standard and administrative prices remaining continuous the receipt of all required regulatory approvals for research, trials or experiments the amount of action, current market acceptance and current market developments in the healthcare sector the economy generally client interest in Hemostemix’s products and services and goods competitors and Hemostemix’s competitive advantages and Hemostemix getting satisfactory funding to fund Hemostemix’s operations like any exploration, trials or scientific studies, and the Litigation. Ahead-hunting info is topic to known and unknown pitfalls, uncertainties and other things that may bring about the actual benefits, amount of exercise, performance or achievements of Hemostemix to be materially distinct from those expressed or implied by these forward-searching information. Such dangers and other aspects could include, but are not limited to: the capability of Hemostemix to comprehensive its existing CLI medical trial, finish a satisfactory futility evaluation and the results of these kinds of and foreseeable future clinical trials litigation and possible litigation that Hemostemix might experience normal business enterprise, economic, aggressive, political and social uncertainties typical funds marketplace conditions and current market charges for securities delay or failure to acquire board or regulatory approvals the real final results of potential functions which include the precise results of potential investigate, trials or reports level of competition improvements in legislation affecting Hemostemix the timing and availability of external funding on satisfactory phrases very long-term funds requirements and foreseeable future developments in Hemostemix’s marketplaces and the markets in which it expects to compete deficiency of qualified, proficient labour or reduction of essential folks and threats related to the COVID-19 pandemic together with a variety of recommendations, orders and measures of governmental authorities to try to limit the pandemic, such as travel restrictions, border closures, non-critical enterprise closures, service disruptions, quarantines, self-isolations, shelters-in-position and social distancing, disruptions to markets, disruptions to economic action and financings, disruptions to offer chains and income channels, and a deterioration of general financial ailments including a possible countrywide or worldwide recession or melancholy the likely impression that the COVID-19 pandemic may perhaps have on Hemostemix may perhaps contain a reduced desire for the services that Hemostemix offers and a deterioration of money markets that could limit Hemostemix’s means to get hold of exterior financing. A description of extra danger factors that may cause actual results to vary materially from ahead-on the lookout facts can be uncovered in Hemostemix’s disclosure documents on the SEDAR web site at www.sedar.com. Even though Hemostemix has attempted to identify vital factors that could cause real outcomes to differ materially from those contained in ahead-seeking facts, there may perhaps be other factors that induce benefits not to be as expected, believed or supposed. Visitors are cautioned that the foregoing listing of factors is not exhaustive. Visitors are more cautioned not to spot undue reliance on ahead-wanting facts as there can be no assurance that the strategies, intentions or expectations on which they are put will arise. Ahead-hunting information contained in this news launch is expressly experienced by this cautionary assertion. The forward-seeking information contained in this information launch represents the expectations of Hemostemix as of the day of this information release and, accordingly, it is matter to alter following this kind of date. Nevertheless, Hemostemix expressly disclaims any intention or obligation to update or revise any forward-on the lookout information and facts, whether as a outcome of new details, future events or normally, apart from as expressly essential by relevant securities law.
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