Pivot Provides Market Activity Update

World News: . []

VANCOUVER, British Columbia, Feb. 13, 2018 (GLOBE NEWSWIRE) -- via NetworkWire - Pivot Pharmaceuticals Inc. (CSE:PVOT) (OTCQB:PVOTF) (“Pivot” or the “Company”), a biopharmaceutical company engaged in the development and commercialization of cannabinoid-based therapeutics using innovative drug formulation and delivery platform technologies, wishes to to address the recent decline in its share price.

There has been no material change to Pivot’s business plan that would justify the market decline. Pivot continues to successfully execute on its business strategy. Product development is advancing as planned and discussions are ongoing with potential acquisition or joint venture partners. We continue to aim for product sales commencing with the change in regulations anticipated to take effect in Canada in July 2018. Our press release clearly highlighted several key milestones achieved by Pivot and its world-class scientific collaborators.

Pivot Pharmaceuticals Inc. is a biopharmaceutical company engaged in the development and commercialization of therapeutic pharmaceuticals and nutraceuticals using innovative drug delivery platform technologies. Pivot’s wholly-owned medical cannabis products division, Pivot Green Stream Health Solutions Inc. (“PGS” or “Pivot Green Stream”), conducts research, development and commercialization of cannabinoid-based nutraceuticals and pharmaceuticals. PGS has acquired worldwide rights to a Transdermal Drug Delivery platform technology (topical), Solmic Solubilisation technology (oral) and Thrudermic Transdermal Nanotechnology (transdermal) for the delivery and commercialization of cannabinoid, cannabidiol (CBD), and tetrahydrocannabinol (THC)-based products.  PGS’ initial product development candidates will include topical treatments for women’s sexual dysfunction (PGS-N005), as well as psoriasis (PGS-N007), and an oral product (PGS-N001) for cancer supportive care. For more information please visit

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Globe Newswire: 20:09 GMT Tuesday 13th February 2018

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