Vancouver, British Columbia--(Newsfile Corp. - January 23, 2020) - PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) (the "Company" or "PreveCeutical") has retained Griffith Hack as their patent attorneys.

Following the successful completion of our novel designed peptides derived from Caribbean blue scorpion venom and with our two other programs coming to a close during 2020, we will need to ensure all our intellectual property is patented in order to protect its value. PreveCeutical has retained Griffith Hack to ensure intellectual property is secure.

Griffith Hack assist clients not only with procuring IP but also with its IP strategy. They have attorneys qualified in fields such as chemistry, physics, and biotechnology. We will be working closely with Dr. Kathryn Morris, a Principal and Patent Attorney at Griffith Hack. Dr. Morris has designations in Organic Chemistry and Intellectual Property Law. PreveCeutical will be working with Griffith Hack to create the best value from the IP created by our current four research and development programs with UniQuest and the University of Queensland, Australia.

"These patent filings are critical to PreveCeutical as we are now currently working to discuss potential of partnering with biotech and pharmaceutical companies to further the application of technologies for "out licensing" towards achieving targeted drug delivery for their active new chemical entities ", stated Dr. Mak Jawadekar.

About PreveCeutical

PreveCeutical is a health sciences company that develops innovative options for preventive and curative therapies utilising organic and nature identical products.

PreveCeutical aims to be a leader in preventive health sciences and currently has five research and development programs, including: dual gene therapy for curative and prevention therapies for diabetes and obesity; the soluble gel drug delivery research and development program; Nature Identical™ peptides for treatment of various ailments; non-addictive analgesic peptides as a replacement to the highly addictive analgesics such as morphine, fentanyl and oxycodone; and a therapeutic product for treating athletes who suffer from concussions (mild traumatic brain injury).

For more information about PreveCeutical, please visit www.PreveCeutical.com, follow us on Twitter: http://twitter.com/PreveCeuticals and Facebook: www.facebook.com/PreveCeutical.

About Griffith Hack

Griffith Hack knows IP and the importance of protecting it, which they do with smarter IP development, performance tracking and management, which they call IP amplified.

Griffith Hack is proudly recognized as a Leading Firm for Intellectual Property in the Chambers and Partners 2020 Asia-Pacific legal guide.

For more information about Giffith Hack, please visit https://www.griffithhack.com.

On Behalf of the Board of Directors of PreveCeutical

"Dr. Makarand (Mak) Jawadekar"

President & Chief Science Officer

For further information, please contact:

PreveCeutical:

Investor Relations

info@PreveCeutical.com

Forward-Looking Statements:

This news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian and U.S. securities legislation, including the United States Private Securities Litigation Reform Act of 1995. All statements in this news release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations and orientations regarding the future including, without limitation, the applying for any patent(s), being granted any patent(s), and the continued research interests of PreveCeutical, PreveCeutical's anticipated business plans, and its prospects of success in executing its proposed plans. Often, but not always, forward-looking statements can be identified by words such as "will", "pro forma", "plans", "expects", "may", "should", "budget", "schedules", "estimates", "forecasts", "intends", "anticipates", "believes", "potential", "proposes" or variations of such words including negative variations thereof and phrases that refer to certain actions, events or results that may, could, would, might or will occur or be taken or achieved. Forward looking statements are based on certain assumptions regarding PreveCeutical, including expected growth, results of operations, including PreveCeutical's research and development activities, performance, industry trends, growth opportunities, and that PreveCeutical will be able to obtain the financing required to carry out its planned future activities, retain and attract qualified research personnel and obtain and/or maintain the necessary intellectual property rights needed to carry out future business activities.

Story continues