Costa Mesa, CA June 23, 2016 – Cerebain Biotech (OTCQB: CBBT) today announced that they signed a Memorandum of Understanding with the Department of Neurodegenerative Diseases, Mossakowski Medical Research Centre in Poland. The purpose of the Memorandum of Understanding is to commence testing of Cerebain’s Medical Device once development is completed.
This agreement is the result of the efforts of Governor Scott McCallum and his work with the PLUS-IP project directed by the Polish Foreign Ministry and the U.S. State Department. Governor McCallum was recently in Poland representing Cerebain at a Conference designed to address opportunities for US-Poland cooperation within Healthcare.
“The Memorandum of Understanding marks an important step forward in our collaboration with Mossakowski Medical Research Centre to treat Alzheimer’s disease.” stated Mr. Eric Clemons, President and CEO of Cerebain. “We look forward to working more closely with the Department of Neurodegenerative Diseases to eradicate this terrible disease.”
About Cerebain Biotech Corp.
Cerebain Biotech (OTCQB: CBBT) is a development-stage medical device company focused on the creation and clinical development of a minimally invasive implantable device and a synthetic drug solution. The device leverages the clinically observable, positive impact that omentum stimulation has on cognitive function as related to dementias, and in particular, Alzheimer’s disease. The corporate vision is based on these positive clinical observations.
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