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Prairie Provident Resources Inc T.PPR

Alternate Symbol(s):  PRPRF

Prairie Provident Resources Inc. is a Canada-based oil and natural gas exploration company. The Company is engaged in the exploration and development of oil and natural gas, with conventional operations primarily focused on the Western Canadian Sedimentary Basin in Alberta. Its operating areas include Michichi, Princess and Evi. Its assets primarily consist of light and medium oil associated natural gas. The Company is primarily focused on development of its Wheatland and Princess properties in Southern Alberta and its Evi area located in the Peace River Arch area of Northern Alberta. Its Princess area in Southern Alberta is engaged in the development of the Glauc and Ellerslie formations. The Company's assets cover approximately 375,000 acres of area in Alberta. Its wholly owned subsidiaries include Prairie Provident Resources Canada Ltd., Lone Pine Resources Inc., Lone Pine Resources (Holdings) Inc., Arsenal Energy USA Inc. and Arsenal Energy Holding Ltd.


TSX:PPR - Post by User

Post by dayxdayon Mar 01, 2021 11:21am
118 Views
Post# 32685346

check this out! will break out soon!

check this out! will break out soon!

Claritas Pharmaceuticals (formerly Kalytera Therapeutics) to Focus on Development of R-107 as a Therapy for Vaccine-Resistant COVID-19, Influenza, and Other Viral Infections

V.KLY 

SAN FRANCISCO and TORONTO, March 01, 2021 (GLOBE NEWSWIRE) -- Claritas Pharmaceuticals, Inc. (formerly Kalytera Therapeutics, Inc.), (TSX VENTURE EXCHANGE: KLY and OTC: KALTF) (the " Company " or " Claritas ") today announced that the Company will focus its resources primarily on development of its nitric oxide-releasing compound, R-107, for the treatment of vaccine-resistant COVID-19, and other viral infections. 

The Science of R-107 and Nitric Oxide 

R-107 Is a Nitric Oxide-Releasing Compound 
R-107 is a nitric oxide-releasing compound. Following administration orally in a capsule, or by nasal spray, or by injection, R-107 enters the bloodstream, where it slowly releases nitric oxide systemically over 24 hours. 

Nitric Oxide is a Critical Part of the Body’s Natural Defense System Against Viruses 
Nitric oxide is a natural molecule with antiviral properties that is produced by the body itself. It is an integral part of the body’s natural defense system. When a viral threat is present, white blood cells migrate to the area of infection and release a burst of nitric oxide that crosses into the infected cell and inactivates the virus, so that it is incapable of further replication and spread. 

Nitric Oxide - Kills Viruses on Contact 
Nitric oxide is known to have a broad antiviral activity against multiple viruses, including those whose genes are encoded by RNA, so-called “RNA viruses”. The SARS-CoV-2 virus, which is responsible for COVID-19 infection, is an RNA virus. Other RNA viruses of importance that cause human disease include influenza, SARS, the common cold, hepatitis C, hepatitis E, West Nile fever, rabies, and measles. 

  • Vancouver-based SaNOtize Research and Development Corporation has recently announced anti-viral data from laboratory studies that were conducted by the Institute for Antiviral Research at Utah State University. The results of these studies confirm that nitric oxide administered through use of their proprietary delivery technology inactivated more than 99.9% of SARS-CoV-2 virus within two minutes. 

R-107 - A Potential Breakthrough in Nitric Oxide Therapy 
The historical challenge with nitric oxide therapy has been the difficulty of delivering the molecule in an effective and practical manner. Nitric oxide that exists as a gas must be delivered by inhalation therapy requiring use of a CPAP-like device and administration by trained respiratory therapists. For these reasons, use of nitric oxide gas use is expensive, complex, and cumbersome, and therefore its application has been quite limited. 

R-107, on the other hand, is a breakthrough compound designed to overcome the limitations of nitric oxide inhalation therapy. 

  • R-107 – A Potentially Superior Route of Administration Transforms Nitric Oxide into a Practical Therapy 
    Unlike nitric oxide gas, which must be administered as an inhalation therapy, R-107 is a liquid that may be readily administered orally in a capsule, or nasally though use of a nasal spray, or by a single intramuscular or subcutaneous injection. Due to its ease of administration, R-107 is expected to allow treatment without the need for special delivery equipment or trained respiratory therapists. In this manner, R-107 may overcome the challenges inherent in the administration of nitric oxide gas, and transform nitric oxide therapy into a potentially best-of-care treatment for COVID-19 infection, and potentially other viral infections as well. 
  • R-107 – Designed to Act Throughout the Body – Not Only in the Lungs 
    When inhaled, nitric oxide gas is absorbed into the lung tissues, where it has a half-life of only a few seconds. Accordingly, it is believed that inhaled nitric oxide may eliminate virus in the lungs, but does not survive long enough within the circulation to reach distant organs and eliminate their viral infection. In contrast, following administration of R-107 by either the oral, or nasal or injectable route, R-107 enters the bloodstream, where it is stable and can slowly release nitric oxide systemically over 24 hours. R-107’s systemic release of nitric oxide would thus potentially allow elimination of virus in all organs and tissues, not only in the lungs. 

    In addition to its apparent advantages in systemic administration and simplicity of administration, R-107 does not lose its potency after prolonged periods of clinical use. In contrast, other nitric oxide donors in liquid form, such as nitroglycerin and amyl nitrate, rapidly induce tolerance and lose their biological activity after more than a single dose. Accordingly, R-107 is poised to become a more effective, less expensive, and more easily administered form of nitric oxide that could potentially transform this agent into a frontline therapy against COVID-19 and other viral infections. 

“R-107 will play an important role in the fight against COVID-19, and vaccine-resistant variants of the COVID-19 virus. We intend to become a leader in the race to find a treatment for COVID-19, and we are well positioned to achieve this goal,” stated Robert Farrell, President and CEO of Claritas. “However, our goal is more ambitious than that: we intend to develop R-107 as a broad-spectrum antiviral drug for the treatment of, and possible prevention of, future viral outbreaks. We are working closely with the Salzman Group to develop R-107 to treat, and possibly prevent, COVID-19 infection, as well as influenza and common colds caused by adenovirus, coronavirus and influenza virus.” 

Mr. Farrell continued, “Nitric oxide has generally demonstrated the ability to inhibit viral replication of RNA viruses, and there is an extensive body of in vitro and in vivo data demonstrating the ability of nitric oxide to prevent the replication and transmissions of several of these viruses. Based on these data, we intend to develop our proprietary R-107 technology as a therapy for COVID-19 infection, as well as a therapy for other RNA viruses, including the influenza virus.” 

Professor Salvatore Cuzzocrea, President of the University of Messina and former President of the European Shock Society, is working with Salzman Group and Claritas, and has read and approved of the scientific disclosure in this news release. Professor Cuzzocrea has deep expertise regarding the medical use of nitric oxide and nitric oxide donors, and has published more than 600 papers on inflammation and nitric oxide. He has conducted research and experiments with nitric oxide and nitric oxide donors since 1994, and worked closely as an advisor with the Salzman Group team that designed and invented R-107. 

The Company is not making any express or implied claims that its product has the ability to eliminate, cure, or contain the Covid-19 (or SARS-2 Coronavirus) at this time. 

About Claritas Pharmaceuticals 
Claritas Pharmaceuticals, Inc. is a clinical stage biopharmaceutical company focused on developing and commercializing therapies for patients with significant unmet medical needs. Claritas focuses on areas of unmet medical need, and leverages its expertise to find solutions that will improve health outcomes and dramatically improve people's lives. 


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