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Sirona Biochem Corp
Symbol SBM
Shares Issued 221,540,003
Close 2019-10-22 C$ 0.455
Market Cap C$ 100,800,701
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Sirona hires Zhao to find TFC-1067 manufacturer

2019-10-23 06:42 ET - News Release

Dr. Howard Verrico reports

SIRONA BIOCHEM HIRES SHANGHAI-BASED CHEMISTRY ENGINEER TO SELECT LOCAL MANUFACTURER FOR SKIN-LIGHTENING COMPOUND TFC-1067

Sirona Biochem Corp. has engaged Pinqiao Zhao, an applied chemistry engineer from Shanghai, as a consultant to assist Sirona in selecting a manufacturer in China and to communicate the necessary technical information for production of Sirona's innovative skin-lightening compound TFC-1067.

Mr. Zhao is a university-trained chemist who has extensive experience with fluorination chemistry and manufacturing. He studied applied chemistry at Wuhan University and safety engineering at Southwest University of Science and Technology. Mr. Zhao has participated in multiple publications and is an accomplished innovator in chemical manufacturing. His education and work experience give him the necessary skill set to assist Sirona in establishing manufacturing in China.

In order to meet the anticipated strong demand for TFC-1067, manufacturing within China will optimize the successful commercialization of TFC-1067. Backed by extensive scientific research, TFC-1067 is clinically proven to be safe and effective at reducing the visibility of dark spots, brightening and evening skin tone.

"Our team in China has identified and begun discussions with several potential manufacturers that seem well suited to meet the anticipated needs of Sirona. Bridging the challenges of exchanging technical information from our scientists at TFChem in France to manufacturers in China requires highly specialized knowledge. Mr. Zhao possesses the skill set our company needs to make manufacturing within China a huge success," said Dr. Howard Verrico, chief executive officer of Sirona Biochem.

About Sirona Biochem Corp.

Sirona Biochem is a cosmetic ingredient and drug discovery company with a proprietary platform technology. Sirona's subsidiary lab, TFChem, specializes in stabilizing carbohydrate molecules with the goal of improving efficacy and safety. New compounds are patented for maximum revenue potential.

Sirona's compounds are licensed to leading companies around the world in return for licensing fees, milestone fees and continuing royalty payments.

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