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AwardNovember 9, 2015

Fedora Receives 2015 ASTech Award for Outstanding Commercial Achievement

The ASTech Foundation recognizes Fedora’s β-lactamase inhibitor licensing success.

EDMONTON, Alberta — November 9, 2015. Fedora Pharmaceuticals Inc. announced its receipt of the 2015 Outstanding Commercial Achievement in Alberta Science and Technology award from the Alberta Science and Technology Leadership (ASTech) Foundation. The award was presented to Christopher G. Micetich on November 6 at TELUS Spark in Calgary.

The receipt of this award is particularly meaningful to me. My father, who developed one of the first commercialized β-lactamase inhibitors, was also one of the first recipients of an award from ASTech. Now, years later, I am honored to accept this award for our successful development of a new generation of β-lactamase inhibitors, which were licensed in January 2015 to Roche for up to $750 million.Christopher G. Micetich, President & CEO

The ASTech Foundation is a not-for-profit organization founded in 1989 to showcase achievements in science and technology in Alberta. Each year it presents 10 to 15 awards recognizing outstanding innovation in the province.

About Fedora Pharmaceuticals

Fedora Pharmaceuticals Inc. is an innovative biotech founded in 2011 and headquartered in Edmonton, Alberta, Canada. The company is dedicated to discovering and developing novel antimicrobial drugs to tackle antibiotic resistance (AMR). Fedora’s most advanced candidate is nacubactam, a Phase 3-ready β-lactamase inhibitor being advanced with partner Meiji Seika; Fedora holds key US rights to nacubactam. For more information, visit fedorapharma.com.

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