Claritas Pharmaceuticals Inc V.CLAS.H

RE:N E W S📈NAME CHANGE: Claritas Pharmaceuticals + New Website

[PowerofNow]

Once people actually wake up and realize that this technology is a game changer; and as well has overall health benefits the dollars will be ranked in by The Company CLARITAS PHARMA

ToddSexton wrote: https://claritaspharma.com

Feb. 26, 2021 (GLOBE NEWSWIRE) -- Kalytera Therapeutics, Inc. (TSX VENTURE EXCHANGE: KLY and OTC: KALTF) (the "Company" or "Kalytera") today announced that its shares will resume trading today on the TSX VENTURE EXCHANGE (“TSXV”). The Company also announced that, pending TSXV approval, it will change its name to Claritas Pharmaceuticals, Inc. The Company is also pleased to announce the launch of its new website at https://www.claritaspharma.com/. The decision to rename the Company signals the re-launch of the Company, and its intent to focus on the development of its proprietary drug, R-107, for the treatment of vaccine-resistant strains of COVID-19 as well as other viral infections. R-107 is a nitric oxide releasing molecule designed to treat vaccine-resistant COVID-19 infection as well as the viruses that cause influenza and the common cold. The Company’s ticker symbol will change as a result of the name change, and the new ticker symbol will be announced when the new name and the new symbol have been approved by the TSXV. Shareholders will receive letters of transmittal from the Company’s transfer agent, which will also be posted on SEDAR, and which can be used to exchange their current share certificates for certificates with the Company’s new name. Shareholders holding shares in electronic form need not take any action. All shareholders should refer to the letter of transmittal and instructions from their broker/dealer. “Claritas will develop R-107 as a therapy for coronavirus and COVID-19 infection, as well as a broad-spectrum antiviral drug for the treatment of, and possible prevention of, other viral infections,” stated Robert Farrell, President and CEO of Claritas. “R-107 is a nitric oxide-releasing compound. There is an extensive body of data demonstrating the ability of nitric oxide to prevent the replication and transmission of various of RNA viruses, such as those that cause COVID-19 infection, as well as viruses that cause influenza and the common cold.”1 Mr. Farrell continued, “Unlike nitric oxide, which is a gas that must be administered by a trained respiratory therapists using special delivery equipment, R-107 is a liquid that can be easily administered orally in a capsule, or nasally though use of a nasal spray, or by a single intramuscular injection. Due to its ease of administration, R-107 may overcome the challenges inherent in administration of nitric oxide gas, and transform nitric oxide therapy into a potentially best-of-care treatment for coronavirus and COVID-19 infection, and potentially other viral infections as well.” Mr. Farrell also stated, "We are delighted to debut our new Company website (https://www.claritaspharma.com/), which will be updated on a regular basis with news and webinars relating to the development of R-107 for treatment of COVID-19 and other viral infections.” Professor Salvatore Cuzzocrea, President of the University of Messina and former President of the European Shock Society has read and approved 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 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 team that designed and invented R-107.