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GCAN Greater Cannabis Company Inc (PK)

0.0006
0.00 (0.00%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Greater Cannabis Company Inc (PK) USOTC:GCAN OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0006 0.0001 0.02 0.00 11:00:30

GammaCan International Reorganizes Board of Directors

16/11/2006 12:30pm

Business Wire


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GammaCan International, Inc. (OTC BB: GCAN), a developer of immunotherapies for the treatment of melanoma and other cancers, today announced the reorganization of its Board of Directors. Mr. Steven Katz and Mr. Albert Passner have joined the Board of Directors of GammaCan International Inc. Mr. Katz has also been named Chairman of the Board. At the same time, Dr. Lior Soussan-Gutman and Mr. Jean-Pierre Elisha Martinez have left the Board of GammaCan International Inc. and continue as Directors of GammaCan Ltd., a subsidiary. “We are pleased to have Steven and Albert join our Board. Steven brings extensive industry experience to GammaCan. He is a successful entrepreneur, management consultant and life sciences executive. GammaCan will be able to utilize Steven’s industry background and experience as well as take advantage of both Steven’s and Al’s experience as Directors of public companies”, commented Patrick Schnegelsberg, GammaCan’s CEO. Mr. Katz is currently the President of Steven Katz & Associates, Inc., a health care and technology based management consulting firm specializing in strategic planning, corporate development, new product planning, technology licensing and structuring and securing various forms of financing. Mr. Katz also served as President, Chief Operating Officer and Director of Senesco Technologies, Inc., an American Stock Exchange listed company, engaged in the identification and development of proprietary gene technology with application to human, animal and plant systems. He co-founded and served as Executive Vice President of S.K.Y. Polymers, Inc., a bio-materials company. Mr. Katz is presently a member of the Board of Directors of the following publicly-held corporations: Biophan Technologies, Inc., Nanoscience Technologies, Inc., NaturalNano, Inc., and USA Technologies, Inc. Mr. Passner has been an independent consultant since 2001. Prior to that, he was a member of the technical staff of Lucent (AT&T) Bell Laboratories for over 30 years. Mr. Passner is a member of the Board of Directors of Nanoscience Technologies, Inc. and USA Technologies, Inc. About GammaCan International Inc.: GammaCan is focusing on the commercialization of an innovative anti-cancer immunotherapy to treat metastatic cancer. GammaCan's platform is based on IgG, a safe, relatively non-toxic human plasma-based product, currently used to treat a variety of immune deficiencies and autoimmune diseases. IgG works by strengthening the patient's immune system. Many experts currently view immunotherapy as a future alternative to today's standard chemotherapy. GammaCan is developing VitiGam, its second generation program. VitiGam is an IgG derived from the plasma of vitiligo donors and is being developed to treat malignant melanoma. GammaCan owns, and has applied for US patent protection covering the use of IgG and vitiligo-derived IgG (VitiGam). GammaCan International, Inc., owns an 87 % interest in its Israeli subsidiary, GammaCan Ltd. About VitiGam: VitiGam is GammaCan's second generation intravenous IgG-based product and a first-in-class anti-cancer immunotherapy. GammaCan plans on having VitiGam to enter phase I/II testing under a US IND in the near future after it recently held a pre-IND meeting with the FDA. VitiGam is being designed to target metastatic melanoma patients with Stage III and IV melanoma. VitiGam is an IgG product that is different from standard IgGs: It is manufactured from the plasma of donors with vitiligo, a benign autoimmune skin condition affecting up to 2% of the general population. GammaCan scientists have shown that this "enriched" vitiligo IgG (VitiGam) contains potent anti-melanoma activity in both in vitro and mouse xenograft melanoma models. Thus, GammaCan expects VitiGam to provide (1) anti-melanoma activity directed specifically against malignant melanoma cells and (2) non-specific anti-cancer activity - as is the case with IgG in general For more information about GammaCan visit www.GammaCan.com or call the Company's headquarters in Kiryat Ono, Israel at +972 (03) 738-2616 or toll free 1-866-308-0396 (from North America). Safe Harbor Statement: Statements in this document that are not purely historical are forward-looking statements. Forward-looking statements in this release include statements regarding the commercialization of an anti-cancer immunotherapy and the Company developing the boosting of cancer patients' immune systems with IgG into an effective treatment. Actual outcomes and the Company's actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include risks and uncertainties such as the inability to finance the planned development of the technology, unforeseen technical difficulties in developing the technology, the inability to obtain regulatory approval for human use, competitors' therapies proving more effective, cheaper or otherwise preferable for consumers, inability to market the product we produce, among other factors, all of which could among other things, delay or prevent product release or cause our company to fail. For further risk factors see the risk factors associated with other early state medical research and development companies filed with the SEC on Edgar. GammaCan International, Inc. (OTC BB: GCAN), a developer of immunotherapies for the treatment of melanoma and other cancers, today announced the reorganization of its Board of Directors. Mr. Steven Katz and Mr. Albert Passner have joined the Board of Directors of GammaCan International Inc. Mr. Katz has also been named Chairman of the Board. At the same time, Dr. Lior Soussan-Gutman and Mr. Jean-Pierre Elisha Martinez have left the Board of GammaCan International Inc. and continue as Directors of GammaCan Ltd., a subsidiary. "We are pleased to have Steven and Albert join our Board. Steven brings extensive industry experience to GammaCan. He is a successful entrepreneur, management consultant and life sciences executive. GammaCan will be able to utilize Steven's industry background and experience as well as take advantage of both Steven's and Al's experience as Directors of public companies", commented Patrick Schnegelsberg, GammaCan's CEO. Mr. Katz is currently the President of Steven Katz & Associates, Inc., a health care and technology based management consulting firm specializing in strategic planning, corporate development, new product planning, technology licensing and structuring and securing various forms of financing. Mr. Katz also served as President, Chief Operating Officer and Director of Senesco Technologies, Inc., an American Stock Exchange listed company, engaged in the identification and development of proprietary gene technology with application to human, animal and plant systems. He co-founded and served as Executive Vice President of S.K.Y. Polymers, Inc., a bio-materials company. Mr. Katz is presently a member of the Board of Directors of the following publicly-held corporations: Biophan Technologies, Inc., Nanoscience Technologies, Inc., NaturalNano, Inc., and USA Technologies, Inc. Mr. Passner has been an independent consultant since 2001. Prior to that, he was a member of the technical staff of Lucent (AT&T) Bell Laboratories for over 30 years. Mr. Passner is a member of the Board of Directors of Nanoscience Technologies, Inc. and USA Technologies, Inc. About GammaCan International Inc.: GammaCan is focusing on the commercialization of an innovative anti-cancer immunotherapy to treat metastatic cancer. GammaCan's platform is based on IgG, a safe, relatively non-toxic human plasma-based product, currently used to treat a variety of immune deficiencies and autoimmune diseases. IgG works by strengthening the patient's immune system. Many experts currently view immunotherapy as a future alternative to today's standard chemotherapy. GammaCan is developing VitiGam, its second generation program. VitiGam is an IgG derived from the plasma of vitiligo donors and is being developed to treat malignant melanoma. GammaCan owns, and has applied for US patent protection covering the use of IgG and vitiligo-derived IgG (VitiGam). GammaCan International, Inc., owns an 87 % interest in its Israeli subsidiary, GammaCan Ltd. About VitiGam: VitiGam is GammaCan's second generation intravenous IgG-based product and a first-in-class anti-cancer immunotherapy. GammaCan plans on having VitiGam to enter phase I/II testing under a US IND in the near future after it recently held a pre-IND meeting with the FDA. VitiGam is being designed to target metastatic melanoma patients with Stage III and IV melanoma. VitiGam is an IgG product that is different from standard IgGs: It is manufactured from the plasma of donors with vitiligo, a benign autoimmune skin condition affecting up to 2% of the general population. GammaCan scientists have shown that this "enriched" vitiligo IgG (VitiGam) contains potent anti-melanoma activity in both in vitro and mouse xenograft melanoma models. Thus, GammaCan expects VitiGam to provide (1) anti-melanoma activity directed specifically against malignant melanoma cells and (2) non-specific anti-cancer activity - as is the case with IgG in general For more information about GammaCan visit www.GammaCan.com or call the Company's headquarters in Kiryat Ono, Israel at +972 (03) 738-2616 or toll free 1-866-308-0396 (from North America). Safe Harbor Statement: Statements in this document that are not purely historical are forward-looking statements. Forward-looking statements in this release include statements regarding the commercialization of an anti-cancer immunotherapy and the Company developing the boosting of cancer patients' immune systems with IgG into an effective treatment. Actual outcomes and the Company's actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include risks and uncertainties such as the inability to finance the planned development of the technology, unforeseen technical difficulties in developing the technology, the inability to obtain regulatory approval for human use, competitors' therapies proving more effective, cheaper or otherwise preferable for consumers, inability to market the product we produce, among other factors, all of which could among other things, delay or prevent product release or cause our company to fail. For further risk factors see the risk factors associated with other early state medical research and development companies filed with the SEC on Edgar.

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