Arch Therapeutics to Present AC5 Advanced Wound System at 2021 Symposium on Advanced Wound Care (SAWC) Fall

FRAMINGHAM, Mass., Oct. 25, 2021 (GLOBE NEWSWIRE) -- Arch Therapeutics, Inc. (OTCQB: ARTH) (“Arch” or the “Company”), a marketer and developer of novel self-assembling wound care and biosurgical devices, today announced that it will be presenting at the 2021 Symposium on Advanced Wound Care (SAWC) Fall. The event is being held at Caesars Palace, Las Vegas, Nevada from October 29-31, 2021.

The Company will be discussing AC5^® Advanced Wound System at the “Innovation Spotlight: Shining a Light on Bold Ideas in Wound Care” between 11:20 AM-12:20 PM PT in the Julius 7-10 Conference Room at Caesars Palace on October 31, 2021. The presentation will highlight the use of AC5^® Advanced Wound System in patients with chronic and non-healing wounds. In addition to its symposium presentation, the Company will provide product visuals and video demonstrations of AC5^® Advanced Wound System at the Arch Therapeutics booth (#233), located in the SAWC Exhibit Hall in the Octavius Ballroom at Caesars Palace.

Terrence W. Norchi, MD, President and CEO of Arch Therapeutics said, “We look forward to presenting AC5^® Advanced Wound System at the Innovation Spotlight and believe our technology can play a central role in improving outcomes and lowering the overall costs of managing challenging surgical, chronic and non-healing wounds.”

Over 1,400 wound care specialists—physicians, nurses, physical therapists, researchers, scientists, and podiatrists—are registered to attend SAWC Fall. The agenda is focused on sharing best practices to improve patient outcomes. Registration for the symposium can be found at .

About Arch Therapeutics, Inc.

Arch Therapeutics, Inc. is a biotechnology company developing a novel approach to stop bleeding (hemostasis), control leaking (sealant) and manage wounds during surgery, trauma, and interventional care. Arch is developing products based on an innovative self-assembling barrier technology platform with the goal of making care faster and safer for patients. Arch has received regulatory authorization to market AC5^® Advanced Wound System and AC5 Topical Hemostat as medical devices in the United States and Europe, respectively. Arch's development stage product candidates include AC5-G, AC5-V and AC5 Surgical Hemostat, among others.^1,2

¹ AC5-G, AC5-V, and AC5 Surgical Hemostat are currently investigational devices limited by law to investigational use.

² AC5, AC5-G, AC5-V and associated logos are trademarks and/or registered trademarks of Arch Therapeutics, Inc. and/or its subsidiaries.

Notice Regarding Forward-Looking Statements

This news release contains “forward-looking statements” as that term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, references to novel technologies and methods, our ability to recruit additional field sales representatives and their effectiveness, our business and product development plans and projections, or market information. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with developing new products or technologies and operating as a development stage company, our ability to retain important members of our management team and attract other qualified personnel, our ability to raise the additional funding we will need to continue to pursue our business and product development plans, our ability to obtain required regulatory approvals, our ability to produce commercial quantities of our products within projected timeframes, our ability to obtain the inclusion of our AC5^® Advanced Wound System on targeted federal supply schedules, our ability to develop and commercialize products based on our technology platform, and market conditions, and our ability to establish additional commercialization partnerships and build a critical mass of field sales representatives. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in the reports and other documents we file with the SEC, available at .

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Michael Abrams

Chief Financial Officer

Arch Therapeutics, Inc.

Phone: 617-431-2333

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