RE:RE:RE:RE:RE:Government funding 4.5 millions in Tetra's strong growth potential in the Life Sciences sector is recognized by the Government of Quebec.
"Our support of Tetra Bio-Pharma will lead to the development of medication to treat acute respiratory distress syndrome, such as in severe cases of COVID-19. Our government will always be there to support potentially life-changing initiatives for the population, especially when they contribute to the vitality of the Qubec life-sciences sector and Quebec'sreputation in the field of biotechnology," said Pierre Fitzgibbon, Minister of the Economy and Innovation and Minister Responsible for Regional Economic Development.
"Tetra has been the subject of several diligent reviews by the MEI and IQ, which validates our scientific, financial, and commercial approach. In addition, the MEI/IQ adheres to the strategic vision of the team of scientists and managers behind the development of our products. I know that investors have been waiting for this announcement for a long time and I am delighted that it has finally arrived" says Steeve Nron, Chief Commercial Officer of Tetra Bio-Pharma.