NEWS
Therma Bright Inc. Continues Testing of TherOZap(TM) Technology Against the Zika Virus
2019-07-03 07:03 ET - News Release
Toronto, Ontario--(Newsfile Corp. - July 3, 2019) - Therma Bright Inc. (TSXV: THRM), ("Therma Bright" or the "Company"), a progressive medical device technology company, is pleased to announce that further to its press releases on October 11th and December 17th, 2018 and March 28th, 2019 that the Company continues testing of the TherOZap™ technology against the Zika virus upon the advice of one of the top research laboratories in Canada working with Therma Bright. A number of additional testing parameters have been added to the testing regime and, as previously reported, the aim of the research lab is to produce statistically relevant results. Therma Bright will report further information as it becomes available.
Further to the press releases on December 17th, 2018 and March 28th, 2019 the Company would like to report that it has identified a base formula that may be combined with medicinal cannabis or other non-medicinal ingredients in the form of creams, gels or salves (the, "Formulations"). In addition, the Company has had several discussions with pain research groups to test the Formulations, the pain relief device and the previously reported testing protocol to determine their effectiveness at reducing general pain or arthritic pain such as: back, hip, knee, foot, hand or other orthopedic pain. The pain relief device incorporates the Company's thermal therapy technology and new add-on technology. Therma Bright expects to report further information as it becomes available. All research and administration of any medicinal cannabis will be dealt with through authorized personnel and licensed research facilities.
Rob Fia, CEO, commented:
"Therma Bright is awaiting the results of the current testing of its proprietary TherOZap™ technology against the Zika virus. We appreciate the prudence and thorough approach being conducted by the research lab carrying out the testing. Therma Bright understands the importance of doing things right with an aim to produce statistically relevant results. We will not rush this process and respect the advice provided by the researchers working on this ground-breaking testing."
About Therma Bright Inc.:
Therma Bright is a progressive medical device technology company focused on providing consumers with quality medical devices that address their dermatological needs. Clear and healthy skin for all is at the core of the Company's philosophy as is the belief that such outcomes should not be a privilege for only those who can afford costly procedures and treatments. The Company's breakthrough proprietary technology delivers effective, non-invasive and pain free skin care.
Therma Bright received a Class II medical device status from the FDA for its platform technology that is indicated for the relief of the pain, itch, and inflammation from over 20,000 different insect stings and bites, (including bees, wasps, hornets, mosquitoes, black flies and jellyfish). The Company received approval for the above claims from FDA (United States) in 1997.
Therma Bright Inc. trades on the TSXV (TSXV: THRM). For more information visit: www.thermabright.com and www.coldsores.com
For further information please contact:
Therma Bright Inc.
Rob Fia
CEO
rfia@thermabright.com
FORWARD LOOKING STATEMENTS
Certain statements in this news release constitute "forward-looking" statements. These statements relate to future events or the Company's future performance and include research, development and testing of the Company's pain relief device, Formulations and a testing protocol to be applied for pain relief via pain research groups, the TherOZap™ technology being tested against the Zika virus, all as described in the news release. All such statements involve substantial known and unknown risks, uncertainties and other factors which may cause the actual results to vary from those expressed or implied by such forward-looking statements. In addition to other risks, the Company may not complete all or any of the tests as described in this news on the timelines described. Forward-looking statements involve significant risks and uncertainties, they should not be read as guarantees of future performance or results, and they will not necessarily be accurate indications of whether or not such results will be achieved. Actual results could differ materially from those anticipated due to a number of factors and risks. Although the forward-looking statements contained in this news release are based upon what management of the Company believes are reasonable assumptions on the date of this news release, the Company cannot assure investors that actual results will be consistent with these forward-looking statements. The forward-looking statements contained in this press release are made as of the date hereof and the Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required under applicable securities regulations.
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 press release.