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Roadman Investments Signs Letter of Intent with CLOV Biopharma Corp.
(via TheNewswire) February 12, 2020 - TheNewswire - V ancouver , British Colum...
About this update from Futuregen Industries Corp.
[{"type":"text","content":"Roadman Investments Signs Letter of Intent with CLOV Biopharma Corp.(via TheNewswire)\n \n \nFebruary 12, 2020 - TheNewswire - Vancouver, British Columbia - Roadman Investments Corp. (TSXV:LITT) (FWB:1QD) (OTC:RMANF) (\"Roadman Investments\" or the \"Company\") is pleased to announce that it has signed a letter of intent with CLOV Biopharma Corp. (\"CBP\") pursuant to which Roadman intends to acquire all of the issued and outstanding common shares of CBP. \n\n \n \nThe mission of CLOV Biopharma Corp. is to conduct further research and development of cedar leaf oil vapour (\"CLOV\") for the purposes of preventing the spread of Coronavirus and other similar potentially pathogenic respiratory viruses, for example, influenza and para-influenza viruses, and respiratory syncytial virus. CBP intends to manufacture or source a diffuser that is functional with cedar oil that may be effective in killing viruses to prevent them from spreading. CBP has an exclusive license for the right to acquire and use cedar leaf oil vapour, including certain know-how, industry knowledge, and experience relating to CLOV for the pharmaceutical, healthcare, and biotechnology industries. \n\n \n \nPrevious studies by Dr. James Hudson, Ph.D have shown that most of the human respiratory viruses tested so far have been found vulnerable to cedar leaf oil and cedar leaf oil vapour. It is expected that corona viruses will be similarly vulnerable. In general, the respiratory viruses not only can kill susceptible cells and multiply and spread, but they can also induce the production of excessive amounts of inflammatory cytokines, which can result in chronic inflammation of the lungs, as in bronchitis. Previous tests have shown that cedar leaf oil can inhibit this process in a model cell culture system. \n\n \n \nCoronavirus \n\n \n \nCoronaviruses (CoV) are a large family of viruses that cause respiratory illness ranging from the common cold to more severe diseases such as Middle East Respiratory Syndrome (MERS-CoV) and Severe Acute Respiratory Syndrome (SARS-CoV). These two viruses were responsible for pandemics. A novel coronavirus (nCoV), recently formally named \"COVID-19\" by the World Health Organization, is a new strain that has not been previously identified in humans1. \n\n \n \nCoronaviruses are zoonotic, meaning they are transmitted between animals and p...