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Ovation Science Inc C.OVAT

Alternate Symbol(s):  OVATF

Ovation Science Inc. is a Canada-based research and development company. The Company develops topical and transdermal cannabidiol (CBD)/ tetrahydrocannabinol (THC) and other cannabinoid products which are out licensed and also distributed under its own brands; ARLO CBD Beauty and InVibe MD (wellness line); all powered by its patented Invisicare skin delivery technology. The Company manufactures, distributes, sells, markets, sub-licenses and promotes products formulated with Invisicare, containing cannabinoids, hemp seed oil or synthetic derivatives of cannabis. The Company has developed topical and transdermal creams and lotions made with CBD, THC and combinations thereof plus hemp seed oil. Invisicare is a patented polymer-based technology for topical and transdermal skin care products. ARLO CBD Beauty offers science-based skincare solutions. Invibe MD offers health and wellness products enhanced with hemp-derived CBD and developed using Invisicare drug delivery technology.


CSE:OVAT - Post by User

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Post by moneymaker9999on Feb 13, 2020 11:14am
180 Views
Post# 30685998

OVAT Receives first order from China to combat Coronavirus

OVAT Receives first order from China to combat CoronavirusOvation Receives its First Order from China for its DermSafe Hand Sanitizer to Help Combat Coronavirus (COVID-19) VANCOUVER, BC / ACCESSWIRE / February 13, 2020 / Ovation Science Inc. (CSE:OVAT) ("Ovation" or the "Company"), announces it has received an initial purchase order and full payment for 25,000 units of its DermSafe hand sanitizer lotion made with chlorhexidine gluconate; an ingredient proven to be effective at killing both bacteria and viruses. Ovation Science also announces it has entered into an extendable three year, exclusive world-wide licensing agreement with Skinvisible Pharmaceuticals, Inc. to manufacture, market and sell its DermSafe hand sanitizer. "We are selling our entire first batch of our DermSafe hand sanitizer to a significant Chinese entity, paid in full, and gearing up to fulfill what could be considerable demand, given the dire situation," said Terry Howlett, President of Ovation. "It is the first non-cannabis product distributed by Ovation Science, and it is an important one. DermSafe is proven to kill a host of bacteria and viruses, including envelope viruses and it provides an extra level of continued protection since it remains bound to the skin for up to four hours, resisting both wash-off and rub off. Although DermSafe has not been tested on the coronavirus (an envelope virus), viral studies conducted at one of Europe's top virology labs demonstrates its effectiveness against other envelope viruses such as H5N1 (bird flu), H1N1 (swine flu) and H3N2 (influenza)." The active ingredient in DermSafe, chlorhexidine gluconate, has been used in hospitals worldwide for over fifty years as a pre-surgical hand scrub due to its ability to kill both gram-negative and gram-positive bacteria and viruses. The product does not contain alcohol and therefore is non-drying and does not have some of the issues that alcohol-based products do. Visit https://ovationscience.com/products/ for more information. The coronavirus (2019-nCoV also referred to as COVID-19), and its predecessors; severe acute respiratory syndrome (SARS) and Middle East respiratory syndrome (MERS), are all envelope viruses that have caused deaths in humans and infected thousands. Recently the goal to protect the public has escalated globally with the WHO (World Health Organization) declaring it a "public health emergency of international concern" particularly due to the accelerated spread of the coronavirus in China which has a population of almost 1.4 billion people. Ovation's DermSafe hand sanitizer is being shipped to China under a temporary "green channel" which facilitates foreign exchange of goods related to the fight against this epidemic. According to a report from the WHO (World Health Organization) "Novel Coronavirus (2019-nCoV) Situation Report -21", as of February 12, 2020 there were 45,171 confirmed cases of people with the Coronavirus in 24 countries however over 99% of cases are in China. In China there have been 1,114 deaths due to this virus as of the reporting date. (Source: https://www.who.int/emergencies/diseases/novel-coronavirus-2019/situation-reports/) Statements have not been evaluated by the Food and Drug Administration or Health Canada. These products are not intended to diagnose, treat, cure, or prevent any disease. Ovation does not sell or distribute any products that are in violation of the United States Controlled Substances Act (US.CSA). To learn more about Ovation Science, please visit: www.ovationscience.com for corporate information www.InvibeMD.com or connect with Invibe MD on Facebook, Instagram and Twitter. www.ArloCBDBeauty.com or connect with ARLO on Facebook, Instagram and Twitter.
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