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Tetra Bio-Pharma accelerates its clinical research program in

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MERCURIAL Member Level  Monday, 09/11/17 08:52:07 AM
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Tetra Bio-Pharma accelerates its clinical research program in the veterinary market by entering into agreement with Dr. Louis-Philippe de Lorimier

http://www.marketwired.com/press-release/tetra-bio-pharma-accelerates-its-clinical-research-program-veterinary-market-entering-otcqb-tbpmf-2233113.htm

September 11, 2017 07:00 ET
Tetra Bio-Pharma accelerates its clinical research program in the veterinary market by entering into agreement with Dr. Louis-Philippe de Lorimier

OTTAWA, ONTARIO--(Marketwired - Sept. 11, 2017) - Tetra Bio-Pharma Inc. ("Tetra" or the "Company") (TSX VENTURE:TBP)(OTCQB:TBPMF), today announced that it has added international expert Dr. Louis-Philippe de Lorimier, a board certified veterinary oncologist, to its clinical advisory board for the veterinary market.

"We are leveraging our current R&D work in humans to accelerate the development of the first cannabinoid-based drug for pets in the cancer-associated supportive therapy market, including pain. This market is underserved and patients and their owner are waiting for alternatives that are safer, more tolerable and more efficacious. We believe that our collaboration with Dr. de Lorimier will bring significant contributions to the launch of the first Health Canada approved drug for pets using cannabinoid-based active ingredients," states Dr. Guy Chamberland, Chief Scientific Officer (CSO) of Tetra.

Once approved, the trial will be run at private veterinary clinics across Canada, which treats tens of thousands of animals every year. Cancer is the leading cause of death in pets, affecting 50% of dogs above age 8, and 40% of cats above 10 years of age. Tetra is developing cannabis-based products for the treatment of acute and chronic conditions that affect domestic animals, including cats, dogs and horses. The company is going to use its pharmaceutical formulation and drug development expertise to bring innovative therapies to veterinarians. Animals suffer from conditions that are similar to those affecting humans, such as cancer, nausea, appetite loss, anxiety, ophthalmologic diseases, and chronic pain. Pet owners want the safest and most effective therapies for their animals as well as cost effective therapies. According to the American Pet Products Association, in 2016 consumers in the USA spent $66.75 billion dollars on pets. $15.75 billion dollars was spent on veterinary care. According to different market studies, the veterinary cancer therapeutic market is expected to reach USD $300 million by 2024. Cannabis-based therapies can target multiple clinical signs including pain, appetite, and nausea, thereby making the veterinary therapeutics market ideal for Tetra. Tackling these markets will allow Tetra to maximize its investment on several of its current drug therapies being developed for comparable human conditions.

"With our recent addition of Dr. Anne-Sophie Courtois - who has a veterinary doctor's degree - as VP of Marketing, along with the world class research we are going to be conducting with Dr. de Lorimier, we are positioning ourselves at the forefront of new therapies in the veterinary market, which is very lucrative and is showing strong growth. This further show how Tetra is establishing itself as the global leader in cannabinoid-based drug discovery and development", commented Mr. Bernard Fortier, CEO.

It is an honour to add Dr. de Lorimier to Tetra's development and commercialization team. His expertise and guidance will help Tetra market safe and effective cannabis-based drug therapies that will help treat pain and nausea, and improve appetite and overall quality of life of pets worldwide.

About Dr. Louis-Philippe de Lorimier, DVM, Dipl. ACVIM (Oncology):

After obtaining a BSc degree from McGill University, Dr. Louis-Philippe de Lorimier earned his veterinary doctorate degree from the Université of Montreal in 1996. He practiced veterinary medicine in Montreal, Quebec, for 4 years before entering the veterinary oncology residency program at the University of Illinois at Urbana-Champaign (UIUC). He completed this medical training in 2003 and became board certified by the American College of Veterinary Internal Medicine, oncology specialty. He worked as an Associate Professor from 2003 to 2007 at the UIUC and subsequently returned to Canada to join the team of veterinary specialists of Centre Vétérinaire Rive-Sud in 2007. Dr. de Lorimier is a member of several national and international veterinary oncology committees. He is the author or co-author of more than 40 scientific articles and over a dozen chapters in veterinary textbooks.

Along with his core expertise in the management of veterinary cancer patients, Dr. de Lorimier's interest in cannabinoid based therapies and his clinical research experience brings considerable expertise to evaluate the safety and efficacy of cannabinoids in pets. Focusing our development on therapies that address unmet medical needs and that can easily be administered to pets is a crucial aspect to commercializing new veterinary drugs. Dr. de Lorimier will be instrumental in guiding TBP's product development to commercialize new therapies that address the management of pets with cancer and that can easily be administered to the animals by the owners.

About Tetra Bio-Pharma:

Tetra Bio-Pharma (TSX VENTURE:TBP)(OTCQB:TBPMF) is a biopharmaceutical leader in cannabinoid-based drug discovery and development with a clinical program aimed at bringing novel drugs and treatments to patients and their healthcare providers. The Company has several subsidiaries that are engaged in the development of Bio Pharmaceuticals and Natural Health Products containing Cannabis and other medicinal plant based elements.

Tetra Bio-Pharma is focused on combining the traditional methods of medicinal cannabis use with the supporting scientific validation and safety data required for inclusion into the existing bio pharma industry by regulators, physicians and insurance companies. More information is available about the company at: www.tetrabiopharma.com.

Source: Tetra Bio-Pharma

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-looking statements

Some statements in this release may contain forward-looking information. All statements, other than of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding potential acquisitions and financings) are forward-looking statements. Forward-looking statements are generally identifiable by use of the words "may", "will", "should", "continue", "expect", "anticipate", "estimate", "believe", "intend", "plan" or "project" or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company's ability to control or predict, that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things, without limitation, the inability of the Company, through its wholly-owned subsidiary, GrowPros MMP Inc., to obtain a licence for the production of medical marijuana; failure to obtain sufficient financing to execute the Company's business plan; competition; regulation and anticipated and unanticipated costs and delays, and other risks disclosed in the Company's public disclosure record on file with the relevant securities regulatory authorities. Although the Company has attempted to identify important factors that could cause actual results or events to differ materially from those described in forward-looking statements, there may be other factors that cause results or events not to be as anticipated, estimated or intended. Readers should not place undue reliance on forward-looking statements. The forward-looking statements included in this news release are made as of the date of this news release and the Company does not undertake an obligation to publicly update such forward-looking statements to reflect new information, subsequent events or otherwise unless required by applicable securities legislation.



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