BSSP Reve Announces Closing Exclusive License for
Post# of 283
Moves Ahead On Its Immunotherapeutic IPF Platform Technology for Development, Manufacture and Commercialization
MONROVIA, CA / ACCESSWIRE / May 10, 2016 / Reve Technologies, Inc. (BSSP) (the "Company" or "Reve" a development stage technology
company is pleased to announce it has effectively closed on its
Purchase and Sale Agreement (the "Purchase Agreement" with Canteck Pharma, Inc.,
a Delaware corporation ("Canteck" or "CKPH" and certain majority shareholders of CKPH. Canteck has developed and has patented
technology (US 8,067,531 B2) and also known as Irreversible Pepsin Fraction ("IPF".
The parties will continue to deliver post closing requirements.
The IPF is a therapeutic platform technology that can be used to facilitate a broad range of applications.
It is free from neurological, gastrointestinal and hematological side effects. IPF has not shown to be subject to viral resistance and
is cost effective.
As previously reported the Purchase Agreement sets forth the plan through which the Company acquires One Hundred Percent (100%)
ownership Interest in Canteck Pharma, Inc. for its current and
planned operations and the exclusive Sub Licensing Agreement for Irreversible Pepsin Fraction specific to the Cancer indication only,
for Mexico.
In recent developments the Company reports it has obtained its
import export license with Mexico and has been informed by third
parties involved in the permitting processes with hospitals in
Mexico that it can expect its initial permitting will become
effective by the end of May 2016 for the Company to commence sales.
"We are pleased with our closing processes with Canteck for immunotherapeutic technology for certain designated Cancer indications," said Dennis Alexander, CEO of the Company.
"Further, the Company looks forward to address the synergies and management cultures, changing and adopting our name to Cantech Holding, Inc., thus building upon the progress that our colleagues at Canteck
and now the Company have achieved in creating a portfolio of innovative oncology technologies that we believe adds significant value through
its R&D strengths."
"We are excited on our completing closing processes and believe this transaction is a major step towards our mutual goal of producing
durable outcomes in oncology to develop and commercialize our immune-oncology based IPF treatment as a new therapy for difficult-to-treat tumor indications on a scalable international level initially Mexico."
Said Mr. Harry Zhabilov, Jr. BSc, McS and newly appointed Chief Scientist of the Company.
"We look forward to working together to obtain permit approvals
shortly for our IPF Irreversible Pepsin Fraction specific to the
Cancer indication, and to bring these much-needed therapeutic options
as soon as possible for delivery and availability to Mexico and together advance both companies' towards clinical programs planned ahead in new markets."
About Canteck Pharma, Inc. IPF for Cancer treatment
Immunotherapy has the potential to provide an alternative and/or complementary treatment for most types of cancer.
The advantage of immunotherapy over radiation and chemotherapy is
that it can act specifically against the tumor without causing
normal tissue damage.
Current data indicates that immune protection against all cancer requires the generation of a potent cellular immune response against a unique tumor antigen expressed by the malignant cell.
As a consequence successful immune protection first requires a unique antigen expressed in the tumor cells (tumor specific antigen) and second,
an induction of a potent T-cell immune response, targeted to the tumor antigen.
Unfortunately the immune system by itself can´t recognize specific
tumor antigens and reject them; however recent advances have revealed that certain proteins binding with specific tumor antigens can be recognized by the immune system, this is what IPF does.
IPF proteins attach to tumor antigens, creating superantigens (Sags), which increases the number of antibodies against the malignant cells
and induces a potent T-cell immune response targeted to the tumor antigen. For a stronger immune response, IPF may be paired with different kinds of adjuvants such as IL-2, IL-6, IL-12 or other cytokines. Another form of immunotherapy can also provide active immunization, which allows for amplification of the immune response.
In addition, vaccines can generate a memory immune response. Recent advances have revealed that any cellular protein (expressed in virally infected cells or cancer cells) can be recognized by the immune system if those proteins are presented to the immune system in a form that results in an activation rather than ignorance or tolerance to the antigen. In addition, T-cells rather than B-cells are usually responsible for this recognition.
It is important to point out that when we discuss vaccines for cancer
we are referring to treatment rather than prevention, because the antigens expressed by tumor cells (which are the immunogens
recognized by the immune system) are not yet known.
Attaching known proteins will increase the number of antibodies to fight against them.
This mechanism of action will give us an exact answer
(known antigens we have to make known for immune system).
In contrast we can use vaccines to prevent infectious diseases
because the antigens expressed the causative agent
- fraction and/or its proteins that can attach,
serve as the immunogen are already known.
About Reve Technologies, Inc.
The Company was incorporated on May 11, 2010 (Date of Inception) under the laws of the State of Nevada, as Bassline Productions, Inc.
On March 21, 2014 the Company amended its articles of incorporation
and changed its name to Reve Technologies, Inc. and investing to
develop and market emerging hardware, mobile and web applications
later establishing a new Capital Purchase Division.
The Company is
now a transitioning forward with the acquisition of an Exclusive License Agreement for Patented Technology for Irreversible Pepsin Fraction (IPF) specific to the Cancer indication only, for Mexico with privately held immune-oncology and Therapeutics company.
Through the terms for the Company's Exclusive Sub Licensing Agreement with Canteck Pharma, Inc. we will focus on the development, manufacture and commercialize our lead product Irreversible Pepsin Fraction (IPF) specific to the Cancer indication only, for Mexico, with options for other indications.