Mr. Marc Edwards reports

KANE BIOTECH AND PROGENACARE GLOBAL LAUNCH NEWLY REBRANDED REVYVE(TM) ANTIMICROBIAL WOUND GEL AT ADVANCED WOUND CARE FALL FORUM

Kane Biotech Inc. has launched the newly rebranded revyve anti-microbial wound gel (formerly coactiv-plus anti-microbial wound gel).

"We are excited to share this cutting-edge product and the new revyve(TM) brand with the larger wound care community. Clinicians who have been exposed to the product so far have really appreciated the combination of advanced technology with an affordable price point. We are working to expand clinical usage of the product in advance of full production scale-up in Q1," stated Howard Walthall, CEO of ProgenaCare.

The product rebranding is being unveiled as part of Kane's participation in the Symposium on Advanced Wound Care (SAWC) Fall forum. The conference will take place on November 2-5, 2023 in Las Vegas, Nevada and is intended to connect the entire wound care team fostering inclusivity, innovation and interdisciplinary collaboration. During this conference, Kane Biotech and ProgenaCare will present along with other important voices in the Biotech and Wound Care sectors.

Kane's revyve(TM) Antimicrobial Wound Gel is a combination of its patented coactiv+(TM) technology and PHMB, paired with a non-ionic pluronic surfactant with thermo-gelling properties. The combination of these three components provides for a moist environment best suited for wound healing, with effective antimicrobial activity in an easy-to-use gel that is optimized for sensitive wounds.

"The first step of the healing process in the treatment of chronic non-healing wounds is to clear out the infection. Kane's team, in collaboration with ProgenaCare, chose the name "revyve" to symbolize the revival of the healing process. I am excited about the results of this collaboration with ProgenaCare which is a great start to our long-term partnership," stated Marc Edwards, President and CEO of Kane Biotech.

More information about Kane's revyve(TM) Antimicrobial Wound Gel can be found at www.revyvegel.com.

About revyve(TM) Antimicrobial Wound Gel

revyve(TM) Antimicrobial Wound Gel is indicated for management of ulcers (including diabetic foot and leg ulcers and pressure ulcers), 1st and 2nd degree burns, partial & full thickness wounds, large surface area wounds and surgical incisions for adult populations. It is also indicated for management of minor skin scrapes, minor cuts, minor lacerations, minor burns (1st degree burns) and abrasions for adult populations.

revyve(TM) Antimicrobial Wound Gel is a clear, odorless hydrogel that provides a moist wound environment conducive to wound healing. coactiv+(TM) Antimicrobial Wound Gel can facilitate debridement through a moist wound environment.

About ProgenaCare (ProgenaCare Global LLC)

ProgenaCare is a purpose-driven medical device company leveraging cutting-edge advances in biomaterials and medical device technologies to provide effective, affordable advanced wound care solutions to patients across the socioeconomic spectrum and around the world.

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 (80 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(TM), DispersinB(TM), Aledex(TM), bluestem(TM), bluestem(TM), silkstem(TM), goldstem(TM), coactiv+(TM), coactiv+(TM), DermaKB(TM), DermaKB Biofilm(TM), and revyve(TM) 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". Marc Edwards Ray Dupuis Nicole Sendey Chief Executive Officer Chief Financial Officer Investor Relations/PR Kane Biotech Inc Kane Biotech Inc Kane Biotech Inc medwards@kanebiotech.com rdupuis@kanebiotech.com nsendey@kanebiotech.com

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