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Internet Access: UNESCO and ICANN Join Forces to Improve Linguistic Diversity Online

PARIS and LOS ANGELES, Feb. 27, 2025 /PRNewswire/ — UNESCO and the Internet Corporation for Assigned Names and Numbers (ICANN) are announcing a new agreement to enhance linguistic diversity in the digital world. This will make the Internet more accessible to hundreds of millions of users.

Under this new agreement, UNESCO and ICANN will cooperate to support the secure use of additional scripts and languages in the Internet’s Domain Name System (DNS), encompassing the domain names and email addresses that are key for access and online communication. The two organizations also will work together to drive the Universal Acceptance (UA) of all domain names and email addresses, regardless of character length, language, or script, in all Internet-enabled applications, devices, and systems.

“In an increasingly digital world, it is essential to facilitate people’s access to the Internet. But today, there are only around 400 languages fully accessible online, representing just a fraction of the world’s 7,000 spoken languages. This agreement improving linguistic diversity represents an important step towards achieving the goal of an Internet accessible to all,” said Audrey Azoulay, Director-General of UNESCO.

“We look forward to working with UNESCO to bridge digital divides and connect communities,” said Kurtis Lindqvist, President and CEO of ICANN. “Supporting domain names in local scripts and language, and their Universal Acceptance, is essential to enabling a diverse and multilingual online experience. This collaboration with UNESCO reaffirms our goal of one world, one Internet.”

Connecting the Next Billion People
Today more than 5.4 billion people regularly use the Internet, yet another 2.6 billion users that are still to come online. Most of these current and potential users communicate in their local languages and scripts. Domain names that use various languages and scripts, called Internationalized Domain Names (IDNs), will help ensure that everyone has the ability to experience the full social and economic power of the Internet. IDNs allow Internet users to choose the domain name and email address in the language and script that best suits their needs and culture. 

Universal Acceptance is necessary to ensure that all of these domain names and email addresses work seamlessly on the Internet. However, often of the checks used by many software applications to validate domain names and email addresses often use rules created many years ago, which do not support all domain names, especially those in local languages and scripts. Organizations and stakeholders need to take steps to ensure their systems are UA-ready to enjoy these benefits. 

About UNESCO
With 194 Member States, the United Nations Educational, Scientific and Cultural Organization contributes to peace and security by leading multilateral cooperation on education, science, culture, communication and information. Headquartered in Paris, UNESCO has offices in 54 countries and employs over 2300 people. UNESCO oversees more than 2000 World Heritage sites, Biosphere Reserves and Global Geoparks; networks of Creative, Learning, Inclusive and Sustainable Cities; and over 13 000 associated schools, university chairs, training and research institutions. Its Director-General is Audrey Azoulay.

“Since wars begin in the minds of men, it is in the minds of men that the defenses of peace must be constructed” – UNESCO Constitution, 1945. 

More information: www.unesco.org

About ICANN
ICANN’s mission is to help ensure a stable, secure, and unified global Internet. To reach another person on the Internet, you need to type an address – a name or a number – into your computer or other device. That address must be unique so computers know where to find each other. ICANN helps coordinate and support these unique identifiers across the world. ICANN was formed in 1998 as a nonprofit public benefit corporation with a community of participants from all over the world.

 

DXC Names Former COO at Federal Reserve, Pat McClanahan, as Global Leader of Business and Sales Operations for Consulting & Engineering Services

ASHBURN, Va., Feb. 27, 2025 /PRNewswire/ — DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, today announced the appointment of Pat McClanahan as Global Leader of Business and Sales Operations for Consulting & Engineering Services – Powered by AI (CES), effective immediately. McClanahan will report directly to DXC President of CES, Howard Boville.

“Pat’s track record of leadership in the Navy was the beginning of a career of accomplishments driving excellence at the Department of Defense and beyond,” said Raul Fernandez, President and CEO of DXC Technology. “He has a proven record of success within large and complex leadership roles throughout his career, cumulating in his most recent position as COO and CFO at the Federal Reserve. He’s a dynamic and experienced global leader who will contribute to the success of the new DXC.”

In this role, McClanahan will oversee DXC’s global business and sales operations within CES, spearheading transformation initiatives to drive growth and operational efficiency. His responsibilities include enhancing workforce productivity, optimizing sales effectiveness, and ensuring strategic alignment across the enterprise’s AI-powered consulting and engineering services.

McClanahan joins DXC with extensive leadership experience across public and private sectors. Most recently, he served as Chief Operating Officer of the Federal Reserve Board of Governors, where he led a team of C-suite executives managing critical functions including financial planning, IT, cybersecurity, HR and strategy. Previously, he served as Vice President for People Operations and Strategy at Gannett, supporting a workforce of more than 15,000 employees.

Previously, McClanahan served 24 years in the U.S. Navy, retiring as a Captain after holding key leadership positions at the Pentagon, Joint Chiefs of Staff and was selected to serve as a White House fellow. His unique combination of military service and private sector experience brings valuable perspective to DXC’s operational transformation initiatives.

For more information on DXC’s leadership team, visit https://dxc.com/us/en/about-us/leadership-and-governance.

Forward Looking Statements

All statements in this press release that do not directly and exclusively relate to historical facts constitute “forward-looking statements.” These statements represent current expectations and beliefs, and no assurance can be given that any result, goal or plan set forth in any forward-looking statement can or will be achieved. Such statements are subject to numerous assumptions, risks, uncertainties and other factors that could cause actual results to differ materially from those described in such statements, many of which are outside of our control. For a written description of these factors, see the section titled “Risk Factors” in DXC’s Annual Report on Form 10-K for the fiscal year ended March 31, 2024, and any updating information in subsequent SEC filings. Readers are cautioned not to place undue reliance on such statements which speak only as of the date they are made. We do not undertake any obligation to update or release any revisions to any forward-looking statement or to report any events or circumstances after the date of this document or to reflect the occurrence of unanticipated events, except as required by law.

About DXC Technology

DXC Technology (NYSE: DXC) helps global companies run their mission-critical systems and operations while modernizing IT, optimizing data architectures, and ensuring security and scalability across public, private and hybrid clouds. The world’s largest companies and public sector organizations trust DXC to deploy services to drive new levels of performance, competitiveness, and customer experience across their IT estates. Learn more about how we deliver excellence for our customers and colleagues at DXC.com.

Mihir Bellamkonda, Media Relations, +1-404-702-0506, mihir.bellamkonda@dxc.com; Roger Sachs, CFA, VP of Investor Relations, +1-201 259-0801, roger.sachs@dxc.com

 

DXC Technology Promotes Jennifer Ragone to Chief People Officer

ASHBURN, Va., Feb. 27, 2025 /PRNewswire/ — DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, today announced the appointment of Jennifer Ragone as Chief People Officer. Ragone will report directly to DXC President and CEO Raul Fernandez.

In this role, Ragone will lead DXC’s global people strategy, focusing on driving profitable growth through innovative talent solutions. She will spearhead initiatives to strengthen the workforce, prepare employees for the future of work, and champion an inclusive, value-driven culture centered on client centricity, accountability and performance excellence.

“Since 2020, I’ve had opportunity to work with Jennifer as a board member and now as CEO of DXC. She has a deep understanding of our business and a proven track record in HR leadership that makes her the ideal choice to advance our people-first strategy,” said Raul Fernandez, President and CEO of DXC Technology. “Her expertise in leveraging AI and data analytics for talent development aligns perfectly with our vision for the future of work ensuring we continue to attract, develop, and empower top talent globally.”

Ragone most recently served as Vice President of Business HR at DXC, where she demonstrated strong partnership with business leaders and drove significant improvements in talent development and organizational effectiveness. Throughout her career at DXC, she has held various leadership positions across the HR function, consistently showing adaptability and resilience while delivering innovative solutions that enable business growth.

Fernandez added, “We are so proud of Jennifer’s contribution to date and look forward to her leadership. As a seasoned executive, she will help accelerate change and will be a key member of my senior leadership team.”

For more information on DXC’s leadership team, visit https://dxc.com/us/en/about-us/leadership-and-governance

Forward Looking Statements

All statements in this press release that do not directly and exclusively relate to historical facts constitute “forward-looking statements.” These statements represent current expectations and beliefs, and no assurance can be given that any result, goal or plan set forth in any forward-looking statement can or will be achieved. Such statements are subject to numerous assumptions, risks, uncertainties and other factors that could cause actual results to differ materially from those described in such statements, many of which are outside of our control. For a written description of these factors, see the section titled “Risk Factors” in DXC’s Annual Report on Form 10-K for the fiscal year ended March 31, 2024, and any updating information in subsequent SEC filings. Readers are cautioned not to place undue reliance on such statements which speak only as of the date they are made. We do not undertake any obligation to update or release any revisions to any forward-looking statement or to report any events or circumstances after the date of this document or to reflect the occurrence of unanticipated events, except as required by law.

About DXC Technology

DXC Technology (NYSE: DXC) helps global companies run their mission-critical systems and operations while modernizing IT, optimizing data architectures, and ensuring security and scalability across public, private and hybrid clouds. The world’s largest companies and public sector organizations trust DXC to deploy services to drive new levels of performance, competitiveness, and customer experience across their IT estates. Learn more about how we deliver excellence for our customers and colleagues at DXC.com.

Mihir Bellamkonda, Media Relations, +1-404-702-0506, mihir.bellamkonda@dxc.com; Roger Sachs, CFA, VP of Investor Relations, +1-201 259-0801, roger.sachs@dxc.com

Bybit Launches The Great USDC Race with 100,000 USDC Prize Pool

DUBAI, UAE, Feb. 27, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced an exhilarating new event, The Great USDC Race, giving users a chance to accelerate their USDC earnings with airdrops, APR boosters, and guaranteed wins. With a massive prize pool of 100,000 USDC, participants are set for a high-octane ride from Feb. 25, 2025, 10:00 AM UTC to Mar. 16, 2025, 10:00 AM UTC.

Bybit Launches The Great USDC Race with 100,000 USDC Prize Pool
Bybit Launches The Great USDC Race with 100,000 USDC Prize Pool

Joan Han, Sales and Marketing Director at Bybit, commented on the event: “The Great USDC Race is designed to energize our community and bring an exciting new dimension to crypto trading. By integrating rewarding experiences with competitive incentives, we aim to make trading more engaging and beneficial for our users. This event underscores Bybit’s commitment to enhancing user experience and driving innovation in the digital assets space.”

The Great USDC Race is designed to reward both new and existing users through three exciting events:

Event 1: New Users Shout Out – 20,000 USDC Airdrop Prize Pool
Newcomers to Bybit can jumpstart their crypto journey with a 5 USDC airdrop by making their first deposit of at least $100 and trading $100 or more in USDC-related spot pairs, excluding zero-fee pairs. This event encourages new users to experience seamless trading while earning instant rewards.

Event 2: Bybit Exclusive USDC Simple Earn Yield
To maximize passive income, Bybit offers users a 12% APR on USDC Fixed Savings, along with an additional 5 USDC APR booster exclusively for new users. This feature is designed to enhance users’ earnings while maintaining flexibility in their investment strategy.

Event 3: USDC Lucky Spin – 100% Win Rate
In an exciting twist, Bybit introduces the USDC Lucky Spin, where participants can earn lucky spin tickets by completing tasks. Each spin guarantees a win, with prizes awarded on a first-come, first-served basis. This engaging event adds a gamified experience, encouraging users to participate early and frequently.

#Bybit / #TheCryptoArk

About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com. 

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

 

DJI Dock 3 Delivers “Drone in a Box” Enterprise Solution For 24/7 Remote Operations

Featuring the High-Performance DJI Matrice 4D/4TD Drones, DJI Dock 3 Supports Vehicle-Mounted Deployments and Adapts to Various Environments

SHENZHEN, China, Feb. 27, 2025 /PRNewswire/ — DJI, the global leader in civil drones and creative camera technology, today launches DJI Dock 3, the company’s first “Drone in a Box” solution that supports vehicle mounting, empowering 24/7 remote operations in various environments. Meeting the needs for public safety, emergency response, and infrastructure inspection, Dock 3 comes with the all-new DJI Matrice 4D or DJI Matrice 4TD drone that offers improved flight and protection performance.

DJI Dock 3
DJI Dock 3

“As the world’s most trusted solution for aerial operations in public safety and infrastructure maintenance, DJI continues to push the boundaries of what’s possible,” said Christina Zhang, Senior Director of Corporate Strategy at DJI. “With DJI Dock 3, we’re proud to deliver innovative and reliable solutions that can flexibly adapt to the needs of operators on the ground.”

Adaptable to Extreme Environments
Designed for critical operations in extreme conditions, DJI Dock 3 can operate and charge seamlessly in extreme temperatures up to 50°C and as low as -30°C when pre-heated. Its design further safeguards its internal system with an exceptional IP56 dust and water-resistant rating.

Flexible Deployment, Ultra-Long Transmission
DJI Dock 3 can flexibly support emergency operations and long-distance inspections. Optimized for vehicle-mounted deployments, it supports horizontal calibration and cloud-based calibrations. For higher efficiency, two docks can be simultaneously deployed on a single vehicle for dual-drone rotations.

High-Performance DJI Matrice 4D and 4TD
The all-new DJI Matrice 4D and 4TD drones are IP55-rated and feature an extended 54 minutes of forward-flight time and 47 minutes of hovering. Both drones have a wide-angle camera, a medium tele camera, a tele camera, and a Laser Range Finder. The Night Scene mode offers full-color night vision, and the 4TD offers additional IR-Cut Filter features for black-and-white night vision. With the DJI RC Plus 2 Enterprise remote controller, the drones can fly standalone or with an innovative onboard relay function to extend the drone’s operational range.

Other Notable Features

  • Intelligent Operation for Efficient Missions: DJI FlightHub 2 can further enhance the dock’s remote operations. Once a flight route is set, intelligent settings enable the drone to automatically identify vehicles and vessels or detect infrared temperature anomalies. Changes to an area can also be analyzed with the new intelligent change detection feature.
  • Precise Maneuvering in Complex Environments: An Obstacle Sensing Module can be added to equip the Matrice 4D/4TD drone with LiDAR and millimeter-wave radar technology.
  • Gimbal-Following Spotlight and Real-Time Speaker: The DJI AL1 SpotLight can illuminate subjects up to 100 meters away. The DJI AS1 Speaker can broadcast up to 300 meters away, up to 114 decibels at a distance of 1 meter.
  • Flight Termination System for C6 Compliance: The FTS module can be manually triggered to terminate a flight if it enters strictly regulated airspace.
  • Industry-Leading Privacy Controls: DJI puts customers in control of their data. Users must opt-in to share photos or videos with DJI, and US-based users can no longer sync flight logs with DJI servers. For heightened data security needs, Local Data Mode can sever the app’s  Internet connection. Learn more:  DJI Trust Center

Availability
The DJI Dock 3 is available for purchase through authorized DJI Enterprise dealers.
Contact us: https://enterprise.dji.com/dock-3#contact-us
Learn more: https://enterprise.dji.com/dock-3

The DJI Care Enterprise Plus and the Official Extended Warranty Service offer a comprehensive protection plan for DJI Matrice 4D/4TD Series, covering various damages. Offerings may vary by country/region.

*Dock 3 Accessory; Sold separately 

**All data measured with a production model in a controlled environment.

About DJI
Since 2006, DJI has led the world with civilian drone innovations that have empowered individuals to take flight for the first time, visionaries to turn their imagination into reality, and professionals to transform their work entirely. Today, DJI serves to build a better world by promoting human advancement. With a solution-oriented mindset and genuine curiosity, DJI has expanded its ambitions into agriculture, public safety, surveying and mapping, and infrastructure inspection. In every application, DJI products deliver experiences that add value to lives around the world in more profound ways than ever before.

 

Metanoia Unveils MT5824: The World’s Lowest Power, Smallest Footprint 4T4R O-RU Solution

TAIPEI, Feb. 27, 2025 /PRNewswire/ — At Mobile World Congress (MWC) 2025, Metanoia will showcase the MT5824 chipset, a groundbreaking 5G SoC with future-proof Software Defined Radio (SDR) architecture, open-source flexibility, and industry-leading power efficiency, setting a new benchmark for 4T4R ORAN-RU solutions.

Unmatched 5G Efficiency

MT5824 delivers the world’s lowest power, smallest footprint 4T4R O-RU solution—consuming 90% less power, reducing 80% BOM costs, and shrinking the footprint by 70% compared to FPGA-based solutions.

Flexible SDR Architecture

Optimized for 5G FR1/FR2 O-RU and small cell applications, MT5824 ensures seamless integration across networks requiring high security, traffic aggregation, and redundancy. Its modular design guarantees long-term adaptability and investment protection.

Open-Source Innovation for Faster Development

Metanoia’s open-source Software Development Kit (SDK) eliminating vendor lock-in, enabling rapid and cost-effective customization, reducing development costs, and accelerating time-to-market.

“At Metanoia, we believe in future-proofing network investments with our flexible SDR solution and open-source approach,” said Stewart Wu, Ph.D., Chairman & CEO of Metanoia. “The MT5824 represents a paradigm shift in 5G and future AnyG infrastructure, combining performance, efficiency, and adaptability for today’s and tomorrow’s needs.”

Industry Endorsements

Pegatron 5G BU:
“Pegatron 5G has developed the PR1450 ORAN 4T4R Radio using Metanoia’s reference designs and SDR chipsets,” said David Hoelscher, VP & Chief Product Officer, Pegatron 5G. “We are impressed with the integration and technical support, which accelerated our 5G Radio product development.”

Sera Network, Inc.:
Jerry Chien, Chairman of SERA, stated, “SERA adopted MT5824 to optimize Cost of Goods Sold (COGS) and engineering turnaround time. MT5824 delivers top-tier performance while significantly reducing power consumption, cost, and footprint—forming the trifecta for next-gen design success.”

Key Benefits of the MT5824 Chipset

  • Fully Integrated Solution: Combines Metanoia’s DFE SoC (MT2824) and RFIC (MT3812) with a complete HDK and SDK.
  • Fast Time-to-Market: Modular SDR architecture enhances design and manufacturing efficiency.
  • PoE-Ready: Supports Power over Ethernet for simplified deployment.
  • Future-Proof Networking:
    • Scalable & Open RAN Compliant: Supports 5G and future networks, adhering to O-RAN 7.2x and 3GPP standards.
    • High Performance: Multi-core 64-bit RISC-V and merchant DSP processors enable flexible signal processing.
    • Energy Efficient: Meets O-RAN sustainability benchmarks with advanced power-saving features.

Key Features of MT5824 for FR1 4T4R

  • High-Efficiency 5G O-RU SoC: Integrated NPU + DFE + PHY.
  • High-Speed I/O: Dual 10/25Gbps FX, supporting 4T4R redundancy via single SoC or 8T8R cascaded with dual SoCs.
  • Flexible 5G Support: 15/30/60/120 kHz sub-carriers for FR1 & FR2 bands.
  • Advanced SDR & DPD: Open SDR framework and in-house DPD/CFR for optimal PA efficiency.
  • URLLC & High Modulation: Supports mini-slots, 1024QAM DL / 256QAM UL with superior throughput.
  • Ultra-Low Power: < 6W chipset power for 4T4R configurations.

About Metanoia Communications, Inc.

Metanoia based in Silicon Valley, California has developed several generations of semiconductor SoC for wireline Broadband and is now focusing in bringing new products to enable the 5G NR Markets.

Please visit us at MWC Barcelona Hall 5 Stand 5L26MR for more details.

Ne Zha 2 Dominates Hong Kong Box Office for Four Straight Days, Crowned 2025’s Top Film


SHANGHAI, CHINA – Media OutReach Newswire – 27 February 2025 – Chinese animated blockbuster Ne Zha 2 has taken Hong Kong by storm, topping the city’s box office charts for four consecutive days since its release. As of now, its cumulative earnings in Hong Kong have surpassed $2.07 million, securing its position as 2025’s highest-grossing film in the region.

The premiere of the Chinese animated blockbuster "Ne Zha 2" was held in Hong Kong on February 18.
The premiere of the Chinese animated blockbuster “Ne Zha 2” was held in Hong Kong on February 18.

The sequel to the 2019 hit “Ne Zha” premiered in Hong Kong on February 18 and hit the theaters on February 22, drawing enthusiastic crowds and critical acclaim. The film reimagines the mythical tale of Ne Zha—a divine warrior from Chinese folklore—with modern storytelling and cutting-edge animation, captivating audiences across the Chinese mainland since its Lunar New Year debut.

The Hong Kong premiere at Causeway Bay drew a star-studded crowd, including representatives from its Hong Kong and Macau distribution teams, local cultural figures, and residents. Industry professionals praised the film’s technical brilliance and narrative depth, with many cinemas, such as Kowloon Tong’s Festival Grand Cinema, scheduling near hourly screenings to meet demand.

The billboards in Hong Kong cinemas promoting the release of "Ne Zha 2" on February 22.)
The billboards in Hong Kong cinemas promoting the release of “Ne Zha 2” on February 22.)

Two Hong Kong moviegoers shared their excitement after attending early screenings. One resident remarked, “I don’t usually watch adult-oriented animated films, but this one is definitely worth watching. Chinese animation can now rival, or even surpass, foreign productions.” Another added, “Chinese animation keeps improving. Compared to films six years ago, the artwork is more beautiful, the visuals more vibrant, and the storytelling completely unexpected.”

LO Shuk-pui, Director of the Hong Kong SAR Government’s Culture, Sports, and Tourism Bureau, highlighted the film’s collaborative effort, stating, “The script is exceptionally well-written, with sharp dialogue and rich character development. I heard 138 companies worked on this project over five years—the dedication and technical excellence are evident.”

WONG Bak-ming, Chairman of Hong Kong’s Oriental Film Company, emphasized its cultural significance, noting that Ne Zha series has successfully brought traditional Chinese stories to the global stage. It proves Chinese animation can achieve world-class results, and they’re proud to contribute to this milestone.

Globally, Ne Zha 2 has grossed over $1.698 billion as of February 18, surpassing “Inside Out 2” to become the highest-grossing animated film in history and entering the top eight of the all-time global box office chart. Due to its sustained popularity, the film’s screening period in Chinese mainland has been extended to March 30.

From its mythological roots to its record-breaking success, Ne Zha 2 continues to redefine the possibilities of Chinese animation, bridging cultural heritage with global appeal.

Hashtag: #ShanghaiEye

The issuer is solely responsible for the content of this announcement.

Medicus Pharma Ltd Announces Submission of Phase 2 Clinical Design (SKNJCT-004) to UAE Department of Health (DOH) to Non-Invasively Treat Basal Cell Carcinoma of the Skin (BCC)

The Clinical Study is Expected to Randomize 36 Participants in Cleveland Clinic Abu Dhabi (CCAD) and Three Other Clinical Sites in UAE

Philadelphia, Pennsylvania – Newsfile Corp. – February 27, 2025 – Medicus Pharma Ltd. (NASDAQ: MDCX) (“Medicus” or the “Company”) is pleased to announce that it has submitted a clinical design (SKNJCT-004) to UAE DOH to non-invasively treat BCC of the skin.

The study is expected to randomize thirty-six (36) patients in four sites in UAE, which are Cleveland Clinic Abu Dhabi (CCAD), Sheikh Shakbout Medical City (SSMC), Burjeel Medical City (BMC), and American Hospital of Dubai (AHD).

Insights Research Organization and Solutions (IROS), a UAE-based contract research organization, is coordinating the clinical study for the Company. IROS is a M42 portfolio company.

Clinical Trial Design (SKNJCT-004)

The clinical study, SKNJCT-004, is designed to be a randomized, double-blind, placebo-controlled (P-MNA), multi-center study enrolling up to 36 subjects presenting with BCC of the skin. The study will evaluate the efficacy of two dose levels of D-MNA compared to a placebo control. The participants will be randomized 1:1:1 to one of three groups: a placebo-controlled group receiving P-MNA, a low-dose group receiving 100μg of D-MNA, and a high-dose group receiving 200μg of D-MNA.

The high-dose, 200μg D-MNA, proposed in the study is the maximum dose that was used in the Company’s Phase 1 safety and tolerability study (SKNJCT-001) completed in March 2021.

SKNJCT-001 met its primary objective of safety and tolerability. The investigational product, D-MNA, was well tolerated across all dose levels in all 13 participants enrolled in the study, with no dose-limiting toxicities (DLTs), or serious adverse events (SAEs). Furthermore, there were no systemic effects or clinically significant abnormal findings in laboratory parameters, vital signs, ECGs, and physical examinations. The study also describes the efficacy of the investigational product, D-MNA, with 6 participants experiencing complete responses. The complete response is defined as the disappearance of BCC histologically in the final excision at the end of study visit. The participants profile demonstrating complete responses was diverse, and all participants (6/6) had nodular subtype of BCC.

The Company also has SKNJCT-003 Phase 2 clinical study currently underway in 9 clinical sites in the United States, which is expected to randomize 60 patients. The patient recruitment in this study, which began in August 2024, has now randomized more than 50% of the 60 patients expected to be enrolled in the study. The Company is on track to complete an interim data analysis of SKNJCT-003 before the end of Q1 2025 and to submit its findings to the United States Food and Drug Administration (FDA) as part of a package seeking a Type C meeting with the FDA in Q2 2025. The purpose of the Type C meeting is to formally discuss the product development and gain further alignment on the clinical pathway. The Company’s aim is to gain FDA’s consent to fast-track the clinical development program.

“We are making substantial progress in expanding the clinical development program of our novel non-invasive treatment to cure the most common cancer in the world, beyond the shores of United States, stated Dr. Raza Bokhari, Executive Chairman & CEO. “UAE is rapidly emerging as a significant hub for Pharmaceutical R&D, driven by strategic investments, public-private partnerships and a commitment to innovation. A clinical study in the middle east will help us gather useful efficacy and safety data. It will also help us strengthen our clinical development program, as we aspire to bring to market not only the first-in-class, but also the best-in-class, novel non-invasive treatment regimen for BCC”.

For further information contact:

Carolyn Bonner, President
(610) 636-0184
cbonner@medicuspharma.com

Jeremy Feffer
LifeSci Advisors
(212) 915-2568
jfeffer@lifesciadvisors.com

About Medicus Pharma Ltd:

Medicus Pharma Ltd. (Nasdaq: MDCX) is a biotech/life sciences company focused on accelerating the clinical development programs of novel and disruptive therapeutics assets.

SkinJect Inc. a wholly owned subsidiary of Medicus Pharma Ltd, is a development stage, life sciences company focused on commercializing novel, non-invasive treatment for basal cell skin cancer using patented dissolvable microneedle patch to deliver chemotherapeutic agent to eradicate tumors cells. The Company has completed a phase 1 safety & tolerability study (SKNJCT-001) in March of 2021, which met its primary objective of safety and tolerability; the study also describes the efficacy of the investigational product D-MNA, with six (6) participants experiencing complete response on histological examination of the resected lesion. The Company submitted a Phase 2 IND clinical protocol to the FDA in January 2024 for a randomized, controlled, double-blind, multicenter clinical study (SKNJCT-003) that is expected to randomize up to 60 patients. The study is designed to evaluate the efficacy of two dose of two dose levels (100 and 200 ug) of D-MNA compared to placebo (P-MNA) in subjects with nodular BCC. Patient recruitment is currently underway in nine sites across the United States.

Cautionary Notice on Forward-Looking Statements

Certain information in this news release constitutes “forward-looking information” under applicable securities laws. “Forward-looking information” is defined as disclosure regarding possible events, conditions or financial performance that is based on assumptions about future economic conditions and courses of action and includes, without limitation, statements regarding the Company’s plans and expectations concerning, and future outcomes relating to, the submission and advancement of the phase 2 clinical protocol, the randomization of patients and size of the study, the Company’s intention to complete and submit an interim data analysis to the FDA and to request a Type C meeting and the timing thereof, the Company’s aim to fast fast-track the clinical development program and convert the SKNJCT-003 exploratory clinical trial into a pivotal clinical trial, and approval from the FDA and the timing thereof. Forward-looking statements are often but not always, identified by the use of such terms as “may”, “on track”, “aim”, “might”, “will”, “will likely result”, “would”, “should”, “estimate”, “plan”, “project”, “forecast”, “intend”, “expect”, “anticipate”, “believe”, “seek”, “continue”, “target” or the negative and/or inverse of such terms or other similar expressions.

These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including those risk factors described in the Company’s public filings on SEDAR+ and on EDGAR, which may impact, among other things, the trading price and liquidity of the Company’s common shares. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement and reflect our expectations as of the date hereof, and thus are subject to change thereafter. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Readers are cautioned that the foregoing list is not exhaustive and readers are encouraged to review the Company’s long form prospectus accessible on the Company’s profile on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov. Readers are further cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.

The issuer is solely responsible for the content of this announcement.