Tetra to develop PPP003 as potential drug therapy for the battle against COVID-19

OTTAWA, ON / ACCESSWIRE / April 27, 2020 / Tetra Bio-Pharma Inc. ("Tetra" or the "Company") (TSX-V:TBP)(OTCQB:TBPMF), a leader in cannabinoid-derived drug discovery and development, is pleased to announce it is adding a new indication in the development of PPP003.

 

Panag Pharma's (Panag), a subsidiary of Tetra, PPP003 is a synthetic cannabinoid drug that selectively acts at the type 2 cannabinoid receptor (CB2R). "Panag's scientific team and academic collaborators have been studying the role of the CB2R in acute immune responses for over a decade. The active molecule in PPP003 can reduce inflammation and dampen pro-inflammatory cytokine release, therefore, PPP003 should be carefully examined as a candidate drug to help reduce symptoms of acute lung inflammation and immune system dysregulation in those SARS-CoV-2 patients at risk", states Tetra's CSO, Dr. Melanie Kelly, Ph.D.

Guy Chamberland, CEO & CRO of Tetra commented, "It is a time for all pharmaceutical companies to contribute to the management of COVID-19 patients. We agree with our Canadian political leaders this is a time of national emergency. Our Panag team has been performing research on the prevention and management of severe systemic immune dysregulation such as sepsis since the early 2000s. One of their founders, Dr. Christian Lehmann, has published multiple articles on the CB2R and its role in cytokine storm related to sepsis as well as the role of agonists of CB2R as potential treatment. These articles appear in peer reviewed scientific journals. This research also focused on the active molecule of Tetra's drug known as PPP003."

Acute Respiratory Distress Syndrome (ARDS) is observed in approximately 10-15% of patients with COVID-19. It is triggered by massive cytokine release termed cytokine release syndrome (CRS) or cytokine storm. Drugs that can prevent or decrease the severity of ARDS may potentially result in an improved clinical outcome of this group of patients with the highest mortality. In fact, early CRS treatment might be able to avoid severe courses of COVID-19 such as ARDS.

"Cannabinoids that act at CB2R have shown promise for reducing the acute inflammatory response in experimental sepsis and some of these could be useful in patients with SARS-CoV-2. Evaluating Tetra's PPP003 drug in well-designed clinical trials is essential to identify candidate drugs that can help to prevent progression of symptoms of the acute lung injury and heightened immune response seen in some patients following SARS-CoV-2 infection" (Dr. Christian Lehmann, M.D. Ph.D. FRCPC, Panag Pharma co-founder and Professor, Department of Anesthesia, Pain Management & Perioperative MedicineDepartment of Microbiology & ImmunologyDepartment of Physiology and BiophysicsDepartment of Pharmacology, Dalhousie University).

Panag has already completed preclinical efficacy and proof of concept studies in sepsis. Taking this new drug into human trials only requires finishing the IND-enabling toxicology studies. Tetra has already initiated several programs to develop PPP003 as a prescription drug. In fact, this active molecule is already fabricated under sterile cGMP conditions for its ophthalmic veterinary and human drug development programs. The entire, ongoing, nonclinical safety program and Phase 1 human safety trial for PPP003 is part of its 2020 budget for the ophthalmic program. "Hence, accelerating this program to potentially bring a new drug candidate to physicians battling COVID-19 is without financial risk to the corporation", commented Dr. Chamberland.

Tetra will be applying for the research funds announced last week by Prime Minister Justin Trudeau. If granted, these funds would be used to finance part of the clinical program that will be used to demonstrate the safety and efficacy of these drugs. Tetra will be advancing this program in both Canada and the USA. Dr. Chamberland added, "targeting patients with COVID-19 in the hope of preventing a cytokine release syndrome that leads to ARDS will be our primary focus. Due to the importance of this program to Canadians, Tetra shall provide frequent updates to ensure shareholders are aware of all advancements."

About Tetra Bio-Pharma

Tetra Bio-Pharma (TSX-V:TBP)(OTCQB:TBPMF) is a biopharmaceutical leader in cannabinoid-based drug discovery and development with a Health Canada approved, and FDA reviewed and approved, clinical program aimed at bringing novel prescription drugs and treatments to patients and their healthcare providers. The Company has several subsidiaries engaged in the development of an advanced and growing pipeline of Bio Pharmaceuticals, Natural Health and Veterinary Products containing cannabis and other medicinal plant-based elements. With patients at the core of what we do, Tetra Bio-Pharma is focused on providing rigorous scientific validation and safety data required for inclusion into the existing bio pharma industry by regulators, physicians and insurance companies.

For more information visit: www.tetrabiopharma.com