Thursday, August 01, 2019 8:26:23 AM
CTT Pharmaceutical Holdings, Inc. Provides Corporate Update
Press Release | 07/19/2019
Hamilton, Ontario, July 19, 2019 (GLOBE NEWSWIRE) -- CTT Pharmaceutical Holdings, Inc., (“CTT”) (OTC:CTTH), an innovative life sciences company with a portfolio of IP in novel drug delivery systems, is pleased to provide the following corporate update.
CEO Cam Birge commented as follows: “CTT is currently in a quiet period that requires patience by shareholders. The Company is now fully compliant with OTC Markets filings, including the new requirements introduced by the OTC on March 15, 2019. Management believes the Company can now successfully undergo an audit should it be required in future. Management desires to complete a few more steps to maximize shareholder value before ending its quiet period.”
With respect to the legal action against Rapid Dose Therapeutics Ltd. (RDT), Birge offered the following: “Management continues to believe that if the Company’s claim is able to go to trial, CTT will be successful. We have appealed the court’s initial decision not to allow a trial and expect a decision before the end of the year.”
CTT continues to make progress with Health Canada, commercialization of products and international patent registrations.
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