Oncology Pharma Reports on Progress with Ribera Solutions
02 März 2022 - 2:03PM
InvestorsHub NewsWire
SAN FRANCISCO, CA --
March 2, 2022 -- InvestorsHub NewsWire -- Oncology Pharma
Inc. (OTC PINK: ONPH) - Oncology Pharma, Inc. ("The
Company") is pleased to announce progress with its investment with
Ribera Solutions' Connect2Med. Ribera has segregated the business entity
into a separate business unit and made it an independent entity as
a Delaware Corporation under the name of Connect2Trials,
Inc. Oncology Pharma's investment has been
transferred to the new business and it has committed to further
finance the commercial development for a significant interest in
the business.
Connect2Trials, Inc. is currently
developing a prototype to present and demonstrate capabilities to
companies including some of the largest pharma and biotech
companies in the industry. The prototype target date is scheduled
for late March of 2022 subject to the availability of adequate
financing. Connect2Trials is in current discussions
with some of the top CRO's (Clinical Research Organizations),
Advocacy Groups, and Pharma Companies for potential partnerships
for pilot deployment of its MVP (Minimum Viable Product) release
scheduled for 2nd
quarter of this
year.
For Pharmaceutical companies, CROs and
sites running clinical trials, Connect2Trials offers a highly
engaging patient retention platform that keeps patients motivated
to complete the trial, which is currently a challenge for many
trials. Connect2Trials does this through
community and peer to peer interactions and
incentives.
Oncology Pharma, Inc, through its
investment and continuation of financing of Connect2Trials is
poised to become a significant player in the trials and patient
engagement space in order to increase the results of clinical
trials utilizing technology and patient engagement formulas to
improve the retention rate, value proposition and eventual better
clinical trials in the industry.
ABOUT ONCOLOGY PHARMA,
INC.
ONCOLOGY PHARMA, INC. (OTCPK: ONPH) (the "Company") is currently
engaging in research and development of therapeutics for oncology
and prides itself for having a world-class Advisory Board that
keeps the Company in the forefront of developing technologies in
cancer research, biotechnology, and
healthcare.
ABOUT Ribera Solutions, LLC
(Connect2Trials, inc.) (www.riberasolutions.com)
Ribera Solutions (CA, USA) has developed Web based
Connect2Med platform, which has been recently assigned to
Connect2Trials, Inc., with iOS
and Android mobile Apps. Ribera's mission is to provide solutions
for solving challenging problems timely through simple, practical
and economical approaches.
FORWARD LOOKING
STATEMENTS
Certain of the matters discussed in this
announcement contain forward-looking statements that involve
material risks to and uncertainties in the Company's business that
may cause actual results to differ materially from those
anticipated by the statements made herein. Such risks and
uncertainties include risks related to licensing arrangements and
joint ventures, including the need to negotiate the definitive
agreements for the relationships; possible failure to realize
anticipated benefits of business relationships; and, costs of
providing funding to these business relationships. Other risks and
uncertainties relating to the Company include, among other things,
current negative operating cash flows and a need for additional
funding to finance our operating plan; the terms of any further
financing, which may be highly dilutive and may include onerous
terms; unexpected costs and operating deficits, and lower than
expected sales and revenues; uncertain willingness and ability of
customers to adopt new technologies and other factors that may
affect further market acceptance; adverse economic conditions;
adverse results of any legal proceedings; the volatility of our
operating results and financial condition; inability to attract or
retain qualified senior management personnel, including sales and
marketing personnel; our ability to establish and maintain the
proprietary nature of our technology through the patent process, as
well as our ability to possibly license from others patents and
patent applications necessary to develop products; the Company's
ability to implement its long range business plan for various
applications of its technology; the Company's ability to enter into
agreements with any necessary marketing and/or distribution
partners and with any strategic or joint venture partners; the
impact of competition; the obtaining and maintenance of any
necessary regulatory clearances applicable to applications of the
Company's technology; management of growth; and, other risks and
uncertainties. This is not a solicitation to buy or sell securities
and does not purport to be an analysis of the Company's financial
position.
CONTACTS:
For additional Information, please contact the
Oncology Pharma at:
One Sansome Street, Suite
3500
San Francisco, CA 94104
Phone: 415-869-1038
Fax: 415-946-8801
website: www.oncology-pharma.com
email: info@oncology-pharma.com
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