PharmaTher and Vitruvias Enter Into Collaboration Agreement for Commercialization of KETARX (racemic ketamine) in the U.S. - Seite 2

Carl L. Whatley, Jr., CEO of Vitruvias, commented: “We are excited about the opportunity to add KETARX to our already robust commercial generic product portfolio for the U.S. market. The evolving adoption of ketamine for its current FDA approved use, and potentially other indications excite us on the opportunity to grow the market for ketamine in the U.S., leveraging our strong commercial expertise and infrastructure.”

The collaboration contemplates a definitive agreement whereby PharmaTher would be responsible for regulatory, manufacturing and supply of KETARX, and Vitruvias would be responsible for the marketing, sales, and distribution to hospitals, institutional and clinics channels in the U.S. market.

About Vitruvias Therapeutics Inc.

Founded in 2013, Vitruvias Therapeutics Inc. is an experienced specialty pharmaceutical company focused on the marketing & distribution of prescription products within the United States and Puerto Rico. Vitruvias is especially active with non-U.S. based generic drug developers and manufacturers who are seeking distribution channels within the U.S. and leverages its expertise in all aspects of the pharmaceutical industry, including product development, licensing, regulatory affairs, marketing, financial analysis, distribution, managed care, trade relations and sales. Visit Vitruvias.com.

About PharmaTher Holdings Ltd.

PharmaTher Holdings Ltd. (OTCQB: PHRRF) (CSE: PHRM) develops and commercializes specialty pharmaceuticals exhibiting growing adoption and permitting novel delivery methods to enhance patient outcomes. The Company’s lead product is KETARX (racemic ketamine) to fill the global unmet medical needs for anesthesia, sedation, pain, mental health, and neurological indications. The Company is commercializing PharmaPatch (microneedle patch) with its partners to deliver psychedelics and drugs to treat infectious diseases. Learn more at PharmaTher.com.

For more information about PharmaTher, please contact:

Fabio Chianelli
Chief Executive Officer
PharmaTher Holdings Ltd.
Tel: [phone]
Email: [e-mail]
Website: www.pharmather.com

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