VANCOUVER, BC--(Marketwired - November 06, 2016) - BIOASIS TECHNOLOGIES INC. (OTCQB: BIOAF) (TSX VENTURE: BTI), a pioneering biopharmaceutical company focused on overcoming the limitations of therapeutic drug delivery across the blood-brain barrier (BBB), today announced its team is attending BIO Europe, November 7th to 9th, in Cologne, Germany. In addition, the company announced that Dr. Paul Lockman's recently published paper on biOasis's Transcend technology linked to Trastuzumab has been honored by being featured on the cover of the December issue of Pharmaceutical Research, Volume 33, Issue 12.
"BIO Europe is Europe's largest partnering conference for the global biotechnology industry," commented Rob Hutchison, biOasis's CEO. "The conference attracts leading dealmakers from biotech, pharma and finance. We have chosen to attend BIO Europe because it enables us to meet with many potential partners and companies investigating the licensing of our Transcend technology. Our team has prepared for confirmed meetings with over 40 companies during the three days of the conference."
The Lockman paper, entitled, "Anti-cancer Antibody Trastuzumab-Melanotransferrin Conjugate (BT2111) for the Treatment of Metastatic HER2+ Breast Cancer Tumors in the Brain: An In-Vivo Study," was published in Pharmaceutical Research, an official Journal of the American Association of Pharmaceutical Scientists. The peer-reviewed scientific paper details the results of an in-vivo study of the treatment of Metastatic HER2+ Breast Cancer brain tumors in an animal model using BT2111, biOasis's Trastuzumab-Melanotransferrin (Transcend) Conjugate.
"Since being first published on-line on August 15th 2016, the Lockman paper on biOasis's Transcend technology linked to Trastuzumab (sold by Roche under the name Herceptin®) has received significant interest from the industry," commented Rob Hutchison. "This interest has pushed our development of this program ahead dramatically. We are very pleased to see the team's hard work and exciting results, all culminating in a great paper, being featured on the cover of the December issue of Pharmaceutical Research."
Transcend is biOasis' proprietary platform for the delivery of therapeutics across the blood-brain barrier to address unmet medical needs in the treatment of metastatic brain cancers as well as neurodegenerative and metabolic diseases. The delivery of therapeutics across the blood-brain barrier represents the single greatest challenge in treating neurological disorders. The ability to effectively and safely transverse the blood-brain barrier with the Transcend peptide carrier, MTfp, offers the opportunity for biOasis to deliver therapeutics into the brain at doses sufficient to have a therapeutic effect.
biOasis Technologies Inc. is a biopharmaceutical company headquartered in the Vancouver, Canada area, focused on overcoming the limitations of therapeutic drug delivery across the BBB. The company is developing and commercializing a proprietary brain delivery technology to address unmet medical needs in the treatment of central nervous system disorders. biOasis trades on the OTCQB under the symbol "BIOAF" and on the TSX Venture Exchange under the symbol "BTI". For more information about the company please visit www.bioasis.ca.
Forward Looking Statements
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On Behalf of the Board of Directors
Rob Hutchison, Chair & CEO
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