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STEM Animal Health completes first shipment of bluestem™ oral care products to PetSmart® Canada

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Kane Biotech Inc. has announced the shipment of its first order of bluestem™ oral care products to PetSmart Canada. These products will be available in all 150 PetSmart stores and online, aimed at improving pet oral health by combating harmful biofilms like plaque and tartar.

Developed by STEM Animal Health Inc., a joint venture between Kane Biotech and Animalcare Group PLC, bluestem™ utilizes coactiv+™ technology to effectively reduce tartar without harsh chemicals. Kane Biotech is traded under the symbols KNE on TSX and KNBIF on OTCQB.

Positive
  • Launch of bluestem™ oral care products at PetSmart enhances market presence.
  • Products available in 150 stores and online, expanding consumer access.
  • Innovative coactiv+™ technology effectively addresses pet oral health without harsh chemicals.
Negative
  • None.

WINNIPEG, Manitoba, Aug. 31, 2021 (GLOBE NEWSWIRE) -- Kane Biotech Inc. announces that STEM Animal Health Inc., has shipped its first order of bluestem™ products to PetSmart® Canada, Canada largest specialty pet retailer of services and solutions for the lifetime needs of pets. Bluestem™ oral care products will be distributed to all 150 stores and will be available via PetSmart®’s online store.

STEM Animal Health Inc. was formed in 2020 by Canada-based Kane Biotech Inc. and UK-based veterinary products company, Animalcare Group PLC., to help improve the quality of life of Animals by helping fight and manage biofilms that have the potential to negatively impact animals.  Plaque and tartar are examples of biofilms that can negatively impact your pet’s well-being.  Kevin Cole, Chief Executive Officer of STEM Animal Health, stated, “We’re happy to be working with PetSmart® to help improve the quality of oral care for Canadian pets and to forge what we anticipate to be a mutually beneficial relationship going forward.”

About bluestem™

Bluestem’s coactiv+™ technology is a safe and effective approach to affecting plaque and tartar by softening and breaking down the biofilm structure without any harsh chemicals or antimicrobials. We’ve invested in clinical trials that show our bluestem™ water additive is effective in reducing tartar, without any brushing, and is safe for daily use at well over the recommended dose.

About Kane Biotech
Kane Biotech is a biotechnology company engaged in the research, development and commercialization of technologies and products that prevent and remove microbial biofilms. The Company has a portfolio of biotechnologies, intellectual property (52 patents and patents pending, trade secrets and trademarks) and products developed by the Company's own biofilm research expertise and acquired from leading research institutions. StrixNB™, DispersinB®, Aledex™, bluestem™, bluestem®, silkstem™, goldstem™, coactiv+™, coactive+®, DermaKB™ and DermaKB Biofilm™ are trademarks of Kane Biotech Inc. The Company is listed on the TSX Venture Exchange under the symbol "KNE" and on the OTCQB Venture Market under the symbol “KNBIF”.

Watch Kane’s latest 2021 business update video series here.

For more information, kanebiotech.com, or:

   
Marc EdwardsRay DupuisLorne Gorber
Chief Executive OfficerChief Financial OfficerInvestor Relations
Kane Biotech IncKane Biotech IncKane Biotech Inc.
medwards@kanebiotech.comrdupuis@kanebiotech.comlgorber@kanebiotech.com
+1 (514) 910-6991+1 (204) 298-2200 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution Regarding Forward-Looking Information
This press release contains certain statements regarding Kane Biotech Inc. that constitute forward-looking information under applicable securities law. These statements reflect management’s current beliefs and are based on information currently available to management. Certain material factors or assumptions are applied in making forward-looking statements, and actual results may differ materially from those expressed or implied in such statements. These risks and uncertainties include, but are not limited to, risks relating to the Company’s: (a) financial condition, including lack of significant revenues to date and reliance on equity and other financing; (b) business, including its early stage of development, government regulation, market acceptance for its products, rapid technological change and dependence on key personnel; (c) intellectual property including the ability of the Company to protect its intellectual property and dependence on its strategic partners; and (d) capital structure, including its lack of dividends on its common shares, volatility of the market price of its common shares and public company costs. Further information about these and other risks and uncertainties can be found in the disclosure documents filed by the Company with applicable securities regulatory authorities, available at www.sedar.com. The Company cautions that the foregoing list of factors that may affect future results is not exhaustive.


FAQ

What are the new products shipped by Kane Biotech to PetSmart?

Kane Biotech has shipped its bluestem™ oral care products to PetSmart Canada.

How many PetSmart stores will carry Kane Biotech's bluestem™ products?

The bluestem™ products will be available in all 150 PetSmart stores across Canada.

What technology is used in bluestem™ oral care products?

bluestem™ employs coactiv+™ technology to combat plaque and tartar in pets.

What is Kane Biotech's stock symbol?

Kane Biotech is listed under the symbol KNBIF on the OTCQB Venture Market.

When was the shipment of bluestem™ products announced?

The shipment announcement was made on August 31, 2021.

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Biotechnology
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