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Curative Biotechnology, Inc. (CTYX)

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0.1790-0.0010 (-0.56%)
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Previous Close0.1800
Open0.1775
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range0.1612 - 0.1800
52 Week Range0.0040 - 0.2195
Volume1,077,439
Avg. Volume3,335,049
Market Cap59.607M
Beta (5Y Monthly)414.33
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateMay 19, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
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  • Connectyx Announces Key Biotech Industry Veterans to Management Team
    GlobeNewswire

    Connectyx Announces Key Biotech Industry Veterans to Management Team

    Expertise in Clinical Development, Regulatory Affairs and Manufacturing Represented Boca Raton, Fla, Feb. 11, 2021 (GLOBE NEWSWIRE) -- Connectyx Technologies Holdings Group, Inc. (OTC: CTYX) (“Connectyx” or the “Company”), Connectyx announced today the addition of three industry veterans to the company’s management team. I Richard Garr will be joining the Company as chief executive officer and general counsel, Ron Bordens Ph.D. has been named executive vice president of technical operations and manufacturing, and Michael Grace Ph.D. has agreed to become chairman of the scientific advisory board. Paul M. Michaels will continue as executive chairman and president of Connectyx; and Dr. Barry Ginsberg will continue as vice chairman and chief strategy officer. Chairman Michaels noted, “When I began the journey as interim chief executive officer, I knew that as the company progressed, more world-class talent would be needed. Both Richard and Ron have been working with the Company in an advisory capacity for the past 6 months and have already significantly contributed to our progress. We welcome their addition to the management team as we begin to prepare our programs for the clinic, and I look forward to working closely with these accomplished industry professionals.” About I Richard Garr, CEO and General Counsel Mr. Garr was former president & CEO and general counsel, Neuralstem Inc. (1997-2016), where he had responsibility and oversight worldwide for all operations of a leading regenerative medicine company including: IP portfolio prosecution; defense and management; worldwide regulatory affairs; worldwide licensing and business development and collaborations; capital raises; social media and public relations programs. Mr. Garr is also the founder and managing partner of Access Hope CRO, the first CRO dedicated exclusively to Right to Try treatment programs, at scale, to accelerate drug development. Mr. Garr’s nonprofit affiliations and work include: a co-founding director of the Starlight Mid Atlantic Foundation; The First Star Foundation and the First Star Institute; a group of charities involved in helping seriously ill children and abused and neglected children; a director on the National Advisory Counsel for Right To Try; a group involved in expanding access to clinical trial stage treatments for dying patients; in addition to considerable work with, and for, various state chapters of the ALS Society of America, the National Brain Tumor Foundation and the Paralyzed Veterans of America. Ron Bordens Ph.D., Executive Vice President of Technical Operations and Manufacturing Dr. Bordens is an accomplished executive scientist with over 40 years of successful experience in biotechnology and pharmaceutical industries for companies focused on research and development. He possesses a unique skill set including, but not limited to, people leadership, scientific expertise, and quality assurance and control. His pharmaceutical industry experience includes drug discovery, drug development and research technology with a focus on bioanalytical research, biomarkers, and leadership development during his 26-year career at Schering-Plough Research. Dr. Bordens has authored articles published in scientific journals on topics including insulin receptors and circulating immune complexes, among other subjects, in addition to presenting at domestic and international industry conferences. Michael Grace, Ph.D., Chairman of the Scientific Advisory Board Dr. Grace has 30 years of executive and technical experience in both research and development of protein therapeutics and peptides within the biotechnology industry at Schering-Plough, Bristol Myers Squibb, NPS Pharma and Advaxis Inc. He has contributed to or personally led the development to commercial approval of nine (9) drugs by the FDA and EMA (European Medicines Agency), including PEG-IntronTM, OrenciaTM, NulojixTM, YervoyTM, GattexTM and NatparaTM. His industry experience encompasses all aspects of drug development from discovery, process development, analytical development, quality control and regulatory. He is well-published within his field of expertise and has presented world-wide on several aspects of protein analytics, characterization, and process and product development. Comments from Management Team CEO Garr added, “I have been fortunate enough to be involved with the acquisition of all three programs Connectyx has recently brought in; a novel immunostimulant to treat late-stage rabies; a first in class antibody drug conjugate to treat brain tumors, and the repurposing of Metformin to treat degenerative eye diseases. Each program is based on world-class science and strong intellectual property protection and each offers the opportunity to create disease modifying treatments for patients who currently have no good treatment options. I look forward to working with the entire management team, using our collective experience and industry relationships to move each of these programs forward on an accelerated development path, which is the goal for all our programs at Connectyx.” Dr. Ron Bordens noted, ”The ability to manufacture and produce GMP level therapeutics for both clinical and pre-clinical use has become an increasingly critical component in every phase of drug development. It has also become an increasingly international exercise during my four decades in the biotech and pharmaceutical industry. We are already scheduling manufacturing and testing in the U.S. and Europe and our ability to access capacity and talent worldwide is one of the reasons we are confident in setting such aggressive development timelines for our programs.” Chairman Michaels concluded, “The work of building a company is never done, but our management team gives us a strong foundation to build upon and ensures that we can deliver on the great promise of our therapeutic development programs for patients with unmet medical needs.” About Connectyx Technologies Holdings Group, Inc. http://connectyx.com/ Connectyx is a development-stage biomedical company focusing on novel treatments for rare diseases. In November, the Company announced it is changing its name to Curative Biotechnology, Inc. and has applied for the name change and a trading symbol (CURB) with the Financial Industry Regulatory Authority, Inc., which should take effect in the first quarter of 2021. Connectyx is focused on therapies with potentially accelerated development paths as a result of either the disease, the nature of the therapeutic itself, or the stage of clinical development. At the heart of the Company is a product development engine that rests on our unique S.O.A.R. filter (Science, Opportunity, Acceleration, Rare Disease.) At Connectyx, we envision a world where all patients have a therapeutic option. Forward-Looking Statements This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. CTYX is not yet generating revenues. Although forward-looking statements in this release reflect the good faith judgment of management, forward-looking statements are inherently subjected to known, unknown risks and uncertainties that may cause actual results to be materially different from those discussed in these forward-looking statements, including but not limited our ability to generate sufficient market acceptance for our products and services, our ability to generate sufficient operating cash flow, and general economic conditions. Readers are urged to carefully review and consider the various disclosures made by us in our reports filed with OTC Markets from time to time which attempt to advise interested parties of the risks and factors that may affect our business, financial condition, results of operation and cash flows. If one or more of these risks or uncertainties materialize, or if the underlying assumptions prove incorrect, our actual results may vary materially from those expected or projected. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. We assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release. Contact:Connectyx Technologies Holdings Group, Inc.investorrelations@connectyx.comPaul Michaels561-418-7725

  • Connectyx Announces Grant of Exclusive Worldwide License from National Institutes of Health for Repurposing Metformin to Treat Degenerative Eye Disease
    GlobeNewswire

    Connectyx Announces Grant of Exclusive Worldwide License from National Institutes of Health for Repurposing Metformin to Treat Degenerative Eye Disease

    Boca Raton, FL, Feb. 04, 2021 (GLOBE NEWSWIRE) -- Connectyx Technologies Holdings Group, Inc. (OTC: CTYX) (“Connectyx” or the “Company”), a development-stage biomedical company focusing on novel treatments for rare diseases today announced it has entered into an Exclusive Patent License Agreement to practice inventions contained within the patent applications listed below with the National Eye Institute (NEI), of the National Institutes of Health (NIH), including the repurposed use of Metformin to treat Retinal Degeneration (RD). The license patent rights include U.S. provisional patent application No. 62/899,899 and entitled, “Druggable Targets to Treat Retinal Degeneration” filed September 13, 2019 (E-227-2017-US-01); International Patent Application No.: PCT/US2020/050540 and entitled, “Druggable Targets to Treat Retinal Degeneration” filed September 11, 2020 (E-227-2017-PCT-O2); and U.S. and foreign patent applications claiming priority to the applications. The territory for the exclusive license is worldwide. The degeneration of the Retinal Pigment Epithelium (RPE) is associated with various types of RD such as Stargardt disease, retinitis pigmentosa, choroideremia, late-onset retinal degeneration (L-ORD), and age-related macular degeneration (AMD). In the United States, 11 million people are affected by some form of AMD. Research has shown that Metformin, an FDA-approved drug that has been widely used for the treatment of diabetes in the United States since 1995, can activate AMP-activated protein kinase, can reduce vascular endothelial growth factor (VEGF) secretion, and can correct baseline calcium levels in patient RPE cells. The new treatment indications will require reformulating the drug into an eye drop, injectable or other topical delivery method to be able to deliver sufficient drug to the RPE layer to have a therapeutic effect. This reformulated drug should be eligible for a 505(b)(2) accelerated development path. While the field of use covers treating any degenerative eye disease, the Company is targeting Stargardt, a currently untreatable orphan disease that causes vision loss in children, as the first indication for this therapeutic product. Paul Michaels, Chairman and President of Connectyx, said, “We are pleased to expand our product portfolio with the addition of reformulated and repurposed Metformin, which is the fifth most prescribed drug in the United States. This very promising product adds a second in licensed product from the NIH to our development portfolio. As stated above, we believe our Metformin reformulation may show efficacy in treating a wide range of RD diseases that cause vision loss. We are focused on developing disease modifying therapeutics to meet the unmet needs of patients. The Company anticipates being prepared for human testing of this reformulation by third quarter of 2022.” About Age-Related Macular Degeneration, Stargardt Disease, Retinitis Pigmentosa and Choroideremia AMD is the leading cause of vision loss in people ages 60+. It destroys a patient’s sharp, central vision. Stargardt disease is a type of AMD that causes vision loss in children or young adults. Retinitis pigmentosa is a genetic disorder which leads to a gradual loss of sight, causing a deterioration of night vision and peripheral vision. Choroideremia is a hereditary retinal degeneration that causes a gradual loss of vision. It starts in early childhood with night blindness, then follows with peripheral vision loss and eventually progresses to the loss of central vision. Diabetic retinopathy is the leading cause of blindness in adults. Diabetes harms blood vessels inside the eye by weakening them so they leak fluid into the retina, which can damage areas of the retina, causing blurry, distorted vision. About Connectyx Technologies Holdings Group, Inc. http://connectyx.com/ Connectyx is a development-stage biomedical company focusing on novel treatments for rare diseases. In November, the Company announced it is changing its name to Curative Biotechnology, Inc. and has applied for the name change and a trading symbol (CURB) with the Financial Industry Regulatory Authority, Inc., which should take effect in the first quarter of 2021. The Company expects to rename itself as Curative Biotech. Connectyx is focused on therapies with potentially accelerated development paths as a result of either the disease, the nature of the therapeutic itself, or the stage of clinical development. At the heart of the Company is a product development engine that rests on our unique S.O.A.R. filter (Science, Opportunity, Acceleration, Rare Disease.) At Connectyx, we envision a world where all patients have a therapeutic option. About the National Eye Institute (NEI) NEI leads the federal government’s research on the visual system and eye diseases. NEI supports basic and clinical science programs to develop sight-saving treatments and address special needs of people with vision loss. For more information, visit https://www.nei.nih.gov. Forward-Looking Statements This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. CTYX is not yet generating revenues. Although forward-looking statements in this release reflect the good faith judgment of management, forward-looking statements are inherently subjected to known, unknown risks and uncertainties that may cause actual results to be materially different from those discussed in these forward-looking statements, including but not limited our ability to generate sufficient market acceptance for our products and services, our ability to generate sufficient operating cash flow, and general economic conditions. Readers are urged to carefully review and consider the various disclosures made by us in our reports filed with OTC Markets from time to time which attempt to advise interested parties of the risks and factors that may affect our business, financial condition, results of operation and cash flows. If one or more of these risks or uncertainties materialize, or if the underlying assumptions prove incorrect, our actual results may vary materially from those expected or projected. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. We assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release. Contact:Connectyx Technologies Holdings Group, Inc.investorrelations@connectyx.com Paul Michaels561-418-7725

  • Connectyx Announces Name Change to Curative Biotechnology and Secures Bridge Financing
    GlobeNewswire

    Connectyx Announces Name Change to Curative Biotechnology and Secures Bridge Financing

    Initial Biotechnology Portfolio Includes Therapies for Glioblastoma and Late Stage Rabies Boca Raton, FL, Nov. 23, 2020 (GLOBE NEWSWIRE) -- Connectyx Technologies Holdings Group, Inc. (OTC: CTYX) (“Connectyx” or the “Company”), a development-stage biomedical company focusing on novel treatments for rare diseases today announced it is changing its name to Curative Biotechnology, Inc and has applied for the name change and a trading symbol (CURB) with the Financial Industry Regulatory Authority, Inc. (FINRA). The new corporate name better reflects the commitment to finding therapeutics for patients with rare diseases who have unmet medical needs and the expertise in driving the innovations needed to shape the future of rare drug development. The name and symbol changes are expected to take effect in the first quarter of 2021 upon completion of the FINRA process. The Company expects to refer to itself as Curative Bio.The Company recently secured bridge financing that included management participation. The non-dilutive bridge loan involved warrants at a premium to the market closing price of CTYX stock on November 18th. These announcements follow the news of the in licensing of Curative Bio’s first two pipeline development assets: a patented novel monoclonal antibody (mAB) drug conjugate platform from the National Cancer Institute at the National Institutes of Health to treat Glioblastoma (brain cancer) and IMT504, a novel, patented immunotherapy, which could become the first drug ever approved to treat late stage rabies.The Company also announced that it has added Michael K. Fish to their Board of Directors. Mr. Fish received a B.A. in accounting from Florida Atlantic University and is currently licensed as a CPA by the State of Florida. Mr. Fish founded a Certified Public Accounting firm in South Florida and possesses expertise in all areas of accounting, finance, and taxes for business including experience in the medical, wholesale, and professional services sectors. Mr. Fish has agreed to serve as the Chairman of the Audit Committee of the Board.Paul Michaels, Chairman and President of CTYX said, “We are pleased to announce this key addition to our Board of Directors. who will help guide our transition to a fully reporting company, and the changing of our Company name to reflect our mission. Our bridge financing will allow us to begin the initial steps in the development of our pipeline. All of these are important milestones in the growth of our Company. We expect to be announcing more important changes and additions in the coming weeks to further strengthen our management team and to expand our product portfolio.”About Connectyx Technologies Holdings Group, Inc. http://connectyx.com/Connectyx is a development-stage biomedical company focusing on novel treatments for rare diseases. The Company is focused on therapies with potentially accelerated development paths as a result of the disease, the nature of the therapeutic itself, or the stage of clinical development. At Connectyx, we envision a world where all patients have a therapeutic option.Forward-Looking StatementsThis press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. CTYX is not yet generating revenues. Although forward-looking statements in this release reflect the good faith judgment of management, forward-looking statements are inherently subjected to known, unknown risks and uncertainties that may cause actual results to be materially different from those discussed in these forward-looking statements, including but not limited our ability to generate sufficient market acceptance for our products and services, our ability to generate sufficient operating cash flow, and general economic conditions. Readers are urged to carefully review and consider the various disclosures made by us in our reports filed with OTC Markets from time to time which attempt to advise interested parties of the risks and factors that may affect our business, financial condition, results of operation and cash flows. If one or more of these risks or uncertainties materialize, or if the underlying assumptions prove incorrect, our actual results may vary materially from those expected or projected. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. We assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.Contact: Connectyx Technologies Holdings Group, Inc. investorrelations@connectyx.com Paul Michaels 561-418-7725