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Antibe Therapeutics Announces Submission of Clinical Trial Application to Health Canada For ATB-346

ATBPF

Antibe Therapeutics Inc. (TSXV:ATE) is pleased to announce the submission of a Clinical Trial Application (“CTA”) to Health Canada for its lead drug, ATB-346. The CTA proposes the initiation of a clinical study entitled “A Double-Blind, Placebo-Controlled, Phase I Study to Assess Safety, Tolerability and Pharmacokinetics of Single/Multiple Ascending Doses of ATB-346 Orally Administered in Healthy Male and Female Subjects.” The submission represents a significant milestone on a well-defined pathway for the development of ATB-346.

Dan Legault, Antibe’s CEO, said “We are delighted to have advanced efficiently to this stage in the development of ATB-346 and look forward to further investigation of its pharmacokinetics and safety in healthy human subjects in our planned Phase I clinical program scheduled to begin this summer.”

About Antibe Therapeutics Inc.

Antibe Therapeutics Inc. develops safer medicines for pain and inflammation. These medicines are based on Nobel Prize-winning medical research highlighting the crucial role of gaseous mediators, chemical substances produced in the human body to regulate a range of fundamental cellular processes. The Corporation's drug design approach involves chemically linking an existing off-patent drug ("base drug") to an Antibe-patented, hydrogen sulfide-releasing molecule. For medical conditions characterized by inflammation, pain or vascular dysfunction, this design approach can efficiently produce improved versions of existing drugs.

www.antibethera.com

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 release.



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