- Strontium89 Agreement.
- Orphan Drug-Liver Cancer (Utroside-B).
- Additional Patents Canada & Japan (Utroside-B-Liver Cancer).
(OTCQB:OTCPK:QBIO) Closed @ $1.53 up from $0.93 1/26 65%
Recent News (1/26-2/1/21) may have been the result.
Today Early it's retracing some, could be profits.
Q BioMed Expands Strontium89 Reach Through Agreement with UroGPO, the Largest Group Purchasing Organization for Independent Urology Clinics in the US
NEW YORK, Feb. 1, 2021 /PRNewswire/ -- Q BioMed Inc. (OTCQB: QBIO), a commercial stage biotech company, announced today that it has been awarded a contract with UroGPO, the largest Group Purchasing Organization for urology private practice clinics in the US, whose members represent 650 urology group practices and 167 ambulatory surgery centers with more than 3,400 urologists.
Through the partnership, UroGPO will support the establishment of Strontium89 (Strontium Chloride Sr-89 Injection, USP) as an added radionuclide therapeutic choice. Strontium89 will be offered to UroGPO urology offices that treat patients with painful bone metastases from prostate and other urological cancers. Studies indicate prostate cancer has the highest risk of bone metastasis, with 8 out of 10 metastatic cases spreading to bone.
In the Strontium89 pivotal trial, as many as 79% of patients had pain relief with Strontium89, and twice as many patients treated with Strontium89 had no pain for 3 months compared with placebo. Further, new pain sites were less frequent in patients treated with Strontium891,2. Strontium89 is administered once every 3 months via injection, and patients can be re-treated if needed. Please see Important Safety Information below.
Q BioMed's Uttroside-B Receives U.S. FDA Orphan Drug Designation in the Treatment of Liver Cancer
NEW YORK, Jan. 27, 2021 /PRNewswire/ -- Q BioMed Inc. (OTCQB: QBIO), announced today that the U.S. Food and Drug Administration's Office of Orphan Products Development has granted Orphan Drug Designation to Uttroside-B, a small molecule chemotherapeutic for the treatment of hepatocellular carcinoma (HCC), the most common form of liver cancer. In preclinical studies, Uttroside-B was up to 10-times more potent against HCC cells than Sorafinib, the standard of care drug at the time.
As an Orphan Drug, Uttroside-B may benefit from a seven-year market exclusively following marketing approval, grant funding for clinical trials that contribute to marketing approval, protocol assistance, and tax credits. Preclinical testing is now underway to support an FDA Investigational New Drug (IND) application expected this year.
Q BioMed has the exclusive rights to the technology through an agreement with the Rajiv Gandhi Centre for Biotechnology, an autonomous Institute under the Department of Biotechnology, Government of India and the Oklahoma Medical Research Foundation.
Q BioMed's Uttroside-B Receives Additional Patent Coverage in Canada and Japan
NEW YORK, Jan. 26, 2021 /PRNewswire/ -- Q BioMed Inc. (OTCQB: QBIO), announces that it has received additional notices of patent allowances from both Canada and Japan for its Uttroside-B molecule intended to treat liver cancer. The patent titled "Uttroside-B and Derivatives Thereof as Therapeutics for Hepatocellular Carcinoma" is a Method Of Use patent that covers the use of Uttroside-B for the treatment of hepatocellular carcinoma (HCC), the most common form of liver cancer. International and additional U.S. claims are currently under prosecution for the technology which addresses a severe unmet need for a safe and effective drug to treat HCC.
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