- Company continues to advance several strategic and joint development discussions to maximize the potential of its unique regenerative medicine platform
Bruder Consulting & Venture Group is a leading strategic advisory firm with domain expertise in regenerative medicine, biologics and tissue repair
"We are already engaged in several discussions for strategic partnerships in the development of ORTHO-R, the Company's proprietary multifunctional regenerative medicine platform. We believe that BCVG is especially well positioned to help us facilitate and accelerate ongoing and potential new discussions given their considerable track record in creating strategic partnerships and meaningful transactions within the field of regenerative medicine. A strategic partnership is, at this point in time the best option in our opinion to help maximize shareholder value," said
"The BCVG team is excited to represent the technology, evidence, intellectual property and other assets associated with
No timetable has been set for the conclusion of a strategic partnership and there can be no assurance that this process will results in any transaction. The Company does not intend to comment further until it determines that further disclosure is appropriate or necessary.
Other formulations are being developed to leverage the technology's performance characteristics such as tissue adhesion, pliability, and ability to deliver biologics or therapeutics to various tissues damaged by trauma or disease. Further information about ChitogenX is available on the Company's website at www.chitogenx.com and on SEDAR at www.sedar.com.
This news release may contain certain forward-looking statements regarding the Company's expectations for future events. Such expectations are based on certain assumptions that are founded on currently available information. If these assumptions prove incorrect, actual results may differ materially from those contemplated by the forward-looking statements contained in this press release. Factors that could cause actual results to differ include, amongst others, uncertainty as to the final result and other risks. The Company disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, other than as required by security laws.
NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATIONS SERVICES PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
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