Full Press Release Details
SIGNS RESEARCH AGREEMENT WITH THE JEWISH GENERAL HOSPITAL TO ADVANCE THE DEVELOPMENT OF Adva-27a ANTICANCER COMPOUND
Montreal, Canada - (GLOBE NEWSWIRE) -
Sunshine Biopharma Inc. (NASDAQ: "SBFM"), a pharmaceutical company offering and researching life-saving medicines in a variety
of therapeutic areas including oncology and antivirals today announced the signing of a research agreement with Sir Mortimer B. Davis
Jewish General Hospital, a McGill University Health Center hospital located in Montreal, Quebec, Canada. The research effort will be focused
on advancing the development of Sunshine Biopharma's Adva-27a anticancer compound through the IND-enabling studies. At any time
the research results become conclusive and Sunshine Biopharma wishes to proceed to conducting a Phase I clinical trial, the Jewish General
Hospital is prepared to negotiating a new agreement to define the responsibilities and obligations of the parties for such Phase I clinical
trial to be performed.
Adva-27a had previously been shown to be effective
at destroying multidrug resistant cancer cells originating from pancreatic cancer, breast cancer, small-cell lung cancer and uterine sarcoma.
The research will be conducted under the direction of Dr. Gerald Batist, Head of the Department of Oncology at the Jewish General Hospital
and Director of the McGill Center for Translational Research In Cancer (MCTRC) based at the Lady Davis Institute for Medical Research.
"The Jewish General Hospital is one of the
leading cancer centers in North America and we are delighted to work with their world renowned oncology physician and research scientist,
Dr. Gerald Batist", said Dr. Steve Slilaty CEO of Sunshine Biopharma. "We look forward to continuing the project with the
Hospital past the IND-enabling studies and through the clinical trials to bring a new treatment for cancer sufferers around the world,"
About the Jewish General Hospital
Since 1934, the Jewish General Hospital has been
a mainstay of superior medical care for generations of patients of all backgrounds. The Jewish General Hospital is committed to providing
patients the best possible care in a clean, safe and human-centered environment. The JGH is able to deliver pioneering, innovative medical
services by strengthening its role as a McGill University teaching hospital, by expanding and upgrading its facilities, and by pursuing
cutting-edge research at the Lady Davis Institute for Medical Research. The MCTRC based at the Lady Davis Research Institute brings together
fundamental researchers and clinician scientists who conduct research in various steps of the cancer care continuum. The focus of the
MCTRC is on co-development of innovation, new knowledge generation and rapid translation of discoveries into the clinical sphere. For
more information please visit www.jgh.ca or www.ladydavis.ca or mcgill.ca/translational-research-cancer/
About Sunshine Biopharma
Sunshine Biopharma recently acquired Nora Pharma
Inc. and as a result the Company now has 54 generic prescription drugs on the market in Canada and 44 employees. The Company is planning
to expand its product offering to 86 generic pharmaceuticals over the next two years. In parallel, Sunshine Biopharma is continuing its
drug development program which is comprised of (i) K1.1 mRNA for liver cancer, (ii) Adva-27a, a small chemotherapy molecule for pancreatic
cancer, and (iii) PLpro inhibitor for COVID-19. For more information, please visit www.sunshinebiopharma.com
Safe Harbor Forward-Looking Statements
This press release contains forward-looking
statements which are based on current expectations, forecasts, and assumptions of Sunshine Biopharma, Inc. (the "Company")
that involve risks as well as uncertainties that could cause actual outcomes and results to differ materially from those anticipated or
expected. These statements appear in this release and include all statements that are not statements of historical fact regarding the
intent, belief or current expectations of the Company, including statements related to the Company's drug development activities,
financial performance, and future growth. These risks and uncertainties are further described in filings and reports by the Company with
the U.S. Securities and Exchange Commission (SEC). Actual results and the timing of certain events could differ materially from those
projected in or contemplated by the forward-looking statements due to a number of factors detailed from time to time in the Company's
filings with the SEC. Reference is hereby made to cautionary statements and risk factors set forth in the Company's most recent
For Additional Information:
Sunshine Biopharma Contact:
Camille Sebaaly, CFO
Direct Line: 514-814-0464
Sunshine Biopharma Media Contact: