What are the Advantages of BioCell Collagen?
The parties confirm their mutual intention to proceed with the negotiation, entry into and delivery of the Definitive Agreement. BioCell is a wholly-owned subsidiary of Abattis Bioceuticals Corp. PurGenesis is a private Quebec-based botanical pharmaceutical company. The terms and conditions of the MOU are binding and shall remain in full force and effect until such time as they are superseded by the entry into of the Definitive Agreement, the Parties mutually agree to terminate negotiations and this MOU or in the event that the Definitive Agreement is not completed by the Parties by 4: PurGenesis will provide the services of two of its employees, to act as the Project Manager and the Production Manager, and who will allocate time to perform work in the PurGenesis Facility on behalf of BioCell.
PurGenesis and BioCell will consider entering into a joint venture agreement that would be owned by both parties in equal portion that would own its own MMPR and LP Licenses, lease the premises and conduct research and manufacturing.
Biocell would provide other technologies. The anticipated joint venture would provide patients with a pharmaceutical grade Cannabis and its derivatives. We are encouraged by the signing of this MOU.
Having access to a pharmaceutical grade lab and facility demonstrates how we continue to deliver on our plan to put a first class Botanical Drug Model together.
We are pleased to have the opportunity to capitalize on new industry opportunities using our vertical farming technology and applying advanced sciences to produce botanical drugs. We look forward to working hand-in-hand with PurGenesis to bring the products to patients. Paul Maes, Executive Vice President of Pharmaceutical Development of PurGenesis Technologies commented, This partnership will allow us to expand in the therapeutic field of pain management.
Extensive studies have been done documenting that significant pain is experienced by large numbers of patients with cancer, HIV, bone disease, and arthritis. About Abattis Bioceuticals Corp. Abattis is a specialty biotechnology company with capabilities through its wholly owned subsidiaries of producing, licensing and marketing proprietary ingredients and bio-similar compounds for use in Pharmaceuticals, Nutraceutical, Cosmetic and Animal Nutrition markets.
The Company also has a deep pipeline of proprietary products ready for sale in high growth areas of Functional Foods and Supplements business. For more information, visit the Companys website at www.
About PurGenesis Technologies Inc. PurGenesis is a privately-held, leading Canadian Botanical Pharmaceutical Company that uses novel therapeutic approaches to develop highly promising therapies for significant markets with unmet medical needs.
The company is developing novel botanical therapies to treat human inflammatory diseases. PurGenesis lead product is PUR, a new investigational botanical drug product that incorporates proprietary, extraction processes of a supra-molecular complex with strong anti-inflammatory effects with applications in multiple therapeutic areas.
The company is also developing anti-aging and sun care products for the cosmeceuticalmarket.Modere Review – Great Business Opportunity in or Big Scam? pricing and growth strategies as well as a new name, business model and compensation plan.
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