Quantum BioPharma Secures License for Energy-Boosting Qlarity™
Health Canada Approves Quantum BioPharma's Qlarity™
TORONTO – Quantum BioPharma Ltd. (NASDAQ: QNTM) (CSE: QNTM) (FRA: 0K91) is thrilled to announce that Health Canada has granted a Product License for its innovative product, Qlarity™. This natural health solution aims to transform energy management, metabolism, and cognitive performance for consumers in the Canadian market.
The Benefits of Qlarity™
Health Canada’s product license allows Quantum to market Qlarity™ with a range of benefits, including enhanced energy production and metabolism support. It is designed to help maintain electrolyte balance and improve both physical energy and motor performance. The product is also positioned to reduce fatigue, promote endurance, and enhance mental alertness.
CEO Comments on the Milestone
Mr. Zeeshan Saeed, CEO of Quantum BioPharma, expressed his enthusiasm regarding this significant achievement. He stated, “This is a major step in our mission to bring innovative health products to consumers. We look forward to making Qlarity™ available in Canada, harnessing its transformative potential to elevate consumer wellness.”
Expert Insights on Qlarity™
Professor Lakshmi P. Kotra, a board member and leading scientist at Quantum BioPharma, shared his excitement about the product’s launch. He highlighted the importance of Qlarity™ in addressing issues of energy and cognitive performance, stating, “I am thrilled that Health Canada has recognized the significance of Qlarity™. This approval sets the stage for a product that can greatly assist individuals in enhancing their well-being through improved energy and focus.”
About Quantum BioPharma Ltd.
Founded with a vision to tackle difficult neurodegenerative and metabolic disorders, Quantum BioPharma (NASDAQ: QNTM) is committed to developing a portfolio of groundbreaking biopharmaceutical solutions. Among its innovations is Lucid-MS, a chemical entity aimed at addressing the challenges of myelin degradation linked to multiple sclerosis.
With a strategic focus on research and development, Quantum BioPharma is also the creator of the widely recognized dietary supplement unbuzzd™, a product that has found popularity on the market. Quantum maintains a 20.10% ownership stake in Unbuzzd Wellness Inc., the company that operates the unbuzzd™ brand.
Partnership and Financial Strategies
The partnership with Unbuzzd Wellness includes a royalty agreement of 7% on sales until total payments to Quantum reach $250 million. After this milestone, the royalty percentage will decrease to 3% indefinitely, allowing Quantum increased flexibility in exploring additional product development opportunities.
Looking Ahead
Quantum BioPharma continues to invest in innovative health solutions and strategic investments through its subsidiary, FSD Strategic Investments Inc. This approach may pave the way for new advancements that align with their long-term vision of enhancing the health and wellness of individuals globally.
Frequently Asked Questions
What is Qlarity™ designed for?
Qlarity™ is formulated to enhance energy levels, metabolism, and cognitive performance, helping users maintain electrolyte balance and reduce fatigue.
Who is behind Quantum BioPharma?
Quantum BioPharma Ltd. is led by CEO Zeeshan Saeed, alongside a dedicated team focused on developing biopharmaceutical solutions for complex health conditions.
How does the royalty agreement with Unbuzzd Wellness work?
Quantum BioPharma receives a 7% royalty on unbuzzd™ sales until cumulative payments reach $250 million, post which the royalty will drop to 3% indefinitely.
What other products does Quantum BioPharma offer?
In addition to Qlarity™, Quantum has developed Lucid-MS, which targets myelin degradation, and has a growing portfolio aimed at addressing neurodegenerative conditions.
Where can I find more information about Quantum BioPharma?
For detailed information and updates, please visit Quantum BioPharma’s official website.
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