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DGAP-News: XPhyto Therapeutics Corp. / Key word(s): Miscellaneous18.03.2021 / 09:05The issuer is alone amenable for the agreeable of this announcement.

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XPhyto announces European Approval for 25 Minute COVID-19 PCR Test

- CE Mark accustomed for in vitro analytic (IVD) assay for the apprehension of SARS-CoV-2

- Accelerated after-effects with affluence of use - distinct 20-minute PCR aeon additional 5-minute apprehension process

- High acuteness - 104.73 c/PCR absolute of apprehension with 95% aplomb interval

- High specificity - aught cross-reactivity on 19x respiratory communicable ache panel

- High robustness - no appulse on after-effects from accessory changes in action parameters

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- 100% repeatability and class attention observed

- Sales barrage in Europe planned for April 2021

VANCOUVER, BC / ACCESSWIRE / March 18, 2021 / XPhyto Therapeutics Corp. (CSE:XPHY)(OTC:XPHYF)(FSE:4XT) ("XPhyto" or the "Company"), and its absolute German affection development partner, 3a-diagnostics GmbH ("3a"), are admiring to advertise the European approval of its point-of-care SARS-CoV-2 (COVID-19) RT-PCR assay arrangement ("Covid-ID Lab"). Covid-ID Lab is now registered aural the European Union as a bartering in vitro analytic (CE-IVD) test.

"Our assay is one of the fastest PCR-based COVID-19 tests currently approved. With a sample accumulating to aftereffect time of 25 minutes, Covid-ID Lab combines the acceleration of a accelerated screening assay with the accurateness of a PCR diagnostic," said Hugh Rogers, CEO and Director of XPhyto. "Covid-ID Lab is advised for point-of-care testing, decidedly in accessory and small-scale labs, such as busline hubs, borders, affliction facilities, schools, pharmacies, and accommodation settings."

Covid-ID Lab is a circuitous viral RNA delving kit based on the about-face transcriptase-polymerase alternation acknowledgment (RT-PCR) method. For appraisal performance, Covid-ID Lab requires alone a distinct 20-minute PCR thermal aeon afterwards above-mentioned RNA abstraction as allotment of the sample preparation. Many broadly accessible accepted PCR instruments are acceptable to run the test. After-effects are calm afterwards the PCR aeon via easy-to-read optical indicator strips on a simple fluidics platform. The abolishment of RNA abstraction for sample alertness reduces the accident of cross-contamination and minimizes the charge for lab abstracts and accomplished personnel. The accelerated results, basal class equipment, and affluence of use are accepted to construe into bargain operating costs, greater accessibility and portability.

During validation of the assay, the absolute of apprehension for SARS-CoV-2 RNA was bent to be 104.73 c/PCR aural a 95% aplomb interval. Specificity of 100% adjoin 19 added bacilli of austere respiratory infections was approved on a respiratory assay panel. Attention was bent through appraisal of about-face of the assay after-effects due to accidental deviations, a repeatability/intra-assay attention appraisal (same lab, user, equipment, etc.), and a class attention appraisal (different lab, user, equipment, etc.). Robustness was abstinent by appraisal of the appulse of accessory changes on action ambit (transport medium, PCR cycler model, admission rate, arrangement volume, admixture bond ratio, etc.). The validation studies were agitated out appropriately to ICH Q2 (R1) Validation of Analytical Procedures: Text and Methodology and VQ-015 Validation of Methods, European Medicines Agency. The affection administration arrangement was in accordance with EN ISO 13485: 2016 and EN ISO 9001: 2015.

XPhyto is currently in discussions with assorted abeyant administration and broad ally as able-bodied as abeyant licensees. The sales barrage in Europe is targeted for April 2021. The aggregation will accommodate added advice and updates in due course.

The Aggregation is not authoritative any accurate or adumbrated claims that its artefact has the adeptness to eliminate, cure or accommodate the COVID-19 pandemic.

About XPhyto Therapeutics Corp.

XPhyto Therapeutics Corp. is a bioscience accelerator focused on next-generation biologic delivery, diagnostic, and new alive biologic additive advance opportunities, including: attention transdermal and articulate aqueous biologic formulations; rapid, bargain communicable ache and articulate bloom screening tests; and acclimation of arising alive biologic capacity for acoustic applications, including consciousness-expanding compounds and cannabinoids. The Aggregation has analysis and development operations in North America and Europe, with an operational focus in Germany, and is currently focused on authoritative approval and commercialization of medical articles for European markets.

XPhyto Therapeutics Corp.

Hugh Rogers, CEO and Director

Investor Inquiries:Mr. Knox HendersonT: 604-551-2360E: info@xphyto.com

Media Inquiries:MC Services AGJulia Hofmann, Andreas JungferT: 49 89 210 228 0E: xphyto@mc-services.eu

Forward-looking statements

This account absolution includes statements absolute advanced advice aural the acceptation of applicative Canadian balance law ("forward-looking statements"). Advanced statements are frequently characterized by words such as "develop", "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "potential", "propose" and added agnate words, or statements that assertive contest or altitude "may" or "will" occur, and in this absolution accommodate the account apropos the Company's ambition of architecture a acknowledged diagnostic, biologic delivery, and medical cannabis company. Advanced statements are alone predictions based on the opinions and estimates of administration at the date the statements are fabricated and are accountable to a array of risks and uncertainties and added factors that could account absolute contest or after-effects to alter materially from those projected in the advanced statements, including: that the Aggregation may not accomplish in developing a bartering product; that the auction of articles may not be a applicative business; that the Aggregation may be clumsy to calibration its business; artefact accountability risks; artefact authoritative risk; accepted bread-and-butter conditions; adverse industry events; approaching aldermanic and authoritative developments; disability to admission acceptable basic from centralized and alien sources, and/or disability to admission acceptable basic on favourable terms; bill risks; competition; all-embracing risks; and added risks above the Company's control. The Aggregation is beneath no obligation, and especially disclaims any ambition or obligation, to amend or alter any advanced statements, whether as a aftereffect of new information, approaching contest or otherwise, except as especially appropriate by applicative law. Neither the CSE nor its Market Regulator (as that appellation is authentic in the behavior of the CSE) accepts albatross for the capability or accurateness of this account release.

SOURCE: XPhyto Therapeutics Corp.

18.03.2021 Dissemination of a Corporate News, transmitted by DGAP - a account of EQS Group AG.The issuer is alone amenable for the agreeable of this announcement.

The DGAP Administration Services accommodate Authoritative Announcements, Financial/Corporate Account and Press Releases.Archive at www.dgap.de

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