Enzolytics Announces Preliminary Results of GLP Toxicology Study for its anti-HIV Therapeutic ITV-1 and Production of ITV-1 for Initiation of Registration in Africa - Seite 2

In addition, with the initial results of the ITV-1 Toxicology, the Company is moving forward with Pharmacokinetic Analysis necessary for advancing the therapeutic for use in European countries under the EMA. The completion of toxicology studies is necessary for EMA registration. Approval under the EMA will allow use of the therapeutic in the EU, followed by seeking FDA approval for use in North America.

The Company anticipates raising additional funds to complete EMA registration of ITV-1, production and testing of its Immunotherapy and Monoclonal Antibody treatments as well as advancing its AI (Artificial Intelligence) technology platform for use in developing therapeutics against targeted viruses. With these funds, the Company will advance its therapeutics that are at the forefront of modern medicine. In 2021, the global market for Monoclonal Antibody therapies was valued at USD 186 Billion. This market is projected to increase at an annual growth rate of 12% between 2022 and 2032, reaching a total value of USD 647 Billion in 2032. The significance of the role that Monoclonal Antibodies will play in world health can be seen to be rapidly accelerating. Enzolytics believes its technology in the field of Monoclonal Antibodies production will play a major role in this future of medicine.

Additional raised funds will also be used for the promotion of the Company's IPF Immune™ nutritional supplement which is now on the market in the U.S. The product enters the North American market as nutritional supplement annual sales reached USD 50.11 Billion. With funding for communicating the significant benefit provided by IPF Immune™, the Company expects significant sales and profit. Enzolytics is also proceeding with the registration of IPF Immune™ for sale in the European Market.

The Company CSO, Harry Zhabilov, said, "The successful results of the toxicology study for ITV-1 are a testament to the safety of ITV-1. Effectiveness has been demonstrated in earlier trials. It also marks a major milestone as the Company embarks on allowing access to a significant number of patients with limited access to safe, affordable therapy for HIV. Strategically, this allows Enzolytics to build a strong revenue-generating asset."

The Company COO, Dr. Gaurav Chandra, said, "The Company has made significant progress on its multiple therapeutic platforms. These platforms include the Company's ongoing development of multiple Monoclonal Antibodies for the treatment of various infectious diseases, an AI platform that makes possible rapid production of effective multiple Monoclonal Antibodies, including those targeting both human and animal viruses, and an effective nutritional supplement, IPF Immune™, that is currently on the market. With several therapeutic platforms providing significant value to the Company and its shareholders, we are confident in our future. The Company's strengths are its multiple technologies that will individually provide effective therapies and treatments for patients and consumers."