SGX-listed Singapore eDevelopment Limited (“SeD”, SGX:40V) wishes to announce that its biomedical subsidiary incorporated in Nevada, Global BioLife Inc. (“Global BioLife”) will be presenting its research on its Functional Fragrance Formula (“3F”) against tuberculosis at the 2020 American Society for Microbiology (“ASM”) Biothreats Conference. The 2020 ASM Biothreats Conference will take place from 28 January 2020 to 30 January 2020 in Arlington, Virginia.
ASM is one of the largest life science societies, with more than 30,000 members, including researchers, educators, and health professionals. The ASM Board of Directors supplies strategic direction to the society and focuses on biodefense and emerging diseases.
Tuberculosis (“TB”) is a disease caused by the Mycobacterium tuberculosis bacteria. TB, which primarily affects the lungs, is transmitted through the open air when an infected person sneezes, coughs, talks, or laughs. The symptoms of TB include a low-grade fever, night sweats, weakness or tiredness, and weight loss. TB kills someone approximately every 18 seconds, causing over 1.6 million deaths in 2017 alone. According to the World Health Organization, about one-quarter of the world’s population has latent TB, which means people have been infected by TB bacteria but are not (yet) ill with the disease and cannot transmit the disease, making it the top infectious killer in the world.
In 2017, SeD announced a collaboration between Global BioLife and United States based Chemia Corporation (“Chemia”), a company involved in providing high quality, cost effective fragrances to the manufacturers of personal care, household and industrial & institutional products, based in the United States of America, to develop a suite of fragrances labelled Functional Fragrance Formulation (“3F”) that can go towards fighting the disease rather than just smell pleasant. “The impact of functional fragrances will transform the modern perfume industry”, said Mr. Thomas A. Meyer, Chemia’s Vice-President of Innovation and Sustainability.
Global BioLife’s Director of Scientific Initiatives, Daryl Thompson, has led this research. “3F is a new paradigm, designed to provide solutions for emerging epidemics and pandemics globally using cutting edge methods”, says Thompson.
Global BioLife and Chemia Corporation had contracted American Type Culture Collection (“ATCC”), to conduct the testing in their High Containment Laboratory under Biosafety Level 3 conditions. ATCC was established in 1925 and is a leading developer and supplier of authenticated cells lines and microorganisms who designs custom services for testing the world’s most dangerous viruses and bacteria.
Global BioLife also relies on the expertise of former Senior Assistant Surgeon General of the United States, Dr. Roscoe M. Moore Jr. (“Dr. Moore”), who also served as an Epidemic Intelligence Service Officer with the United States Center for Disease Control and Prevention. Dr. Moore, who is also the Chief Epidemiologist with the Center for Devices and Radiological Health in the U.S. Food and Drug Administration, said, “I am very excited about the results 3F has demonstrated. There is a strong need for new and effective measurement to address the spread of TB globally.” Dr. Moore was recently appointed to the Board of Advisors for the Institute of Human Virology, School of Medicine, University of Maryland.
“It is an honor to be invited to present our groundbreaking research at the 2020 ASM Biothreat Conference”, said SeD’s Executive Chairman Mr. Chan Heng Fai.
Shareholders and potential investors of SeD are advised to exercise caution when dealing or trading in the securities of SeD. Shareholders and potential investors of SeD are advised to read this Media Release and any further announcements made by SeD carefully. Shareholders and potential investors of SeD should consult their stockbrokers, bank managers, solicitors or other professional advisers if they have any doubt about the actions they should take.
About Singapore eDevelopment Limited
Incorporated on 9 September 2009 and listed on the Singapore Exchange in July 2010, Singapore eDevelopment Limited is primarily involved in (i) property development and investments primarily in the United States and Western Australia; (ii) information technology-related businesses; (iii) development, research, testing, manufacturing, licensing and distribution of biomedical products; and (iv) investment activities. For more information, please visit: www.SeD.com.sg or email contact@sed.com.sg.
About Global BioLife Inc.
Global BioLife Inc. is a subsidiary of Singapore eDevelopment Limited primarily involved in research and development, drug discovery and development for the prevention, inhibition and treatment of neurological, oncology and immuno-related diseases. Global BioLife Inc. is also collaborating with its partners to develop second generation mosquito defense technologies, which are N,N-Diethyl-meta-toluamide (a.k.a. DEET), to protect against mosquito transmitted diseases such as Zika and Dengue. For more information, please visit: www.globalbiolife.com.
This Media Release have been reviewed by the Company’s Sponsor, Hong Leong Finance Limited. It has not been examined or approved by the Exchange and the Exchange assumes no responsibility for the contents of this Media Release, including the correctness of any of the statements or opinions made or reports contained in this Media Release.
The contact person for the Sponsor is Mr Tang Yeng Yuen, Vice President, Head of Corporate Finance, Hong Leong Finance Limited, at 16 Raffles Quay, #01-05 Hong Leong Building, Singapore 048581, telephone: +65 6415 9886.
