Tetra Bio-Pharma and Ovensa Will Engage in a Collaboration to Tackle Brain Cancer

OTTAWA, April 11, 2019 (GLOBE NEWSWIRE) -- Tetra Bio-Pharma Inc. ("Tetra" or the "Company") (TSX-V: TBP) (OTCQB: TBPMF), today announced that it has entered into a collaboration agreement with Ovensa Inc. ("Ovensa") to evaluate TRIOZAN™, a proprietary nanomedicine platform for targeted delivery of cannabinoids to brain tumor cells.

"Glioblastoma multiforme (GBM) is a common and fatal type of brain cancer and sadly took the lives of Senator John McCain and singer Gordon Downey. Our collaboration with Ovensa will evaluate if TRIOZANÔ allows a targeted delivery of cannabinoids to the brain tumor.  There is some published evidence demonstrating the activity of cannabinoids on brain tumors.  If successful this could provide an increased efficacy when this treatment is used as an adjunct to radiotherapy and or chemotherapy. This technology is also being investigated for the delivery of an antibody to the brain as part of a collaboration between Ovensa and Takeda Pharmaceutical. Our collaboration with Ovensa is part of our ongoing cancer research program,” said Dr. Guy Chamberland, CEO and CSO of Tetra Bio-Pharma.

‘’Ovensa’s TRIOZAN^TM Delivery Platform allows a high engineering flexibility where personalized nanomedicines are designed according to various parameters such as pathology, gene and molecular profile, cell targeting, type of payload, route of administration and multi-combination. The current collaboration is aimed at engineering a targeted Glioblastoma Dual-Cannabinoid TRIOZAN^TM-based therapeutic to achieve synergistic effects with therapeutic tools such as chemotherapy, radiotherapy and immunotherapy”, said Ovensa's President and CEO, Mr. Stéphane Gagné. 

About Glioblastoma Multiforme (Brain Cancer)

Glioblastoma multiforme (GBM) is the most common and most malignant of the glial tumors with a 5-year survival rate lower than 5%. Its incidence in most European and North American countries is approximately 2-3 new cases per 100,000 people per year. The tremendous unmet need in GBM is substantiated by the lack of treatment progress and improvement in overall survival in this indication over the last several years.

About Ovensa Inc

Ovensa is a preclinical stage company fighting inherent therapeutic resistance in complex diseases by generating advanced nanotherapeutics using its proprietary TRIOZAN™ Delivery Platform. The company focuses on advancing its lead drug candidates as well as generating novel nanotherapeutic candidates in collaboration with pharmaceutical companies for applications in CNS and immuno-oncology. For more information visit:

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 authorized, and FDA reviewed, clinical trials 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:

Source: Tetra Bio-Pharma

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