Dr. Yeyan Zhang Resigns as a Director

Mon Oct 6, 6:42 PM

BURNABY, BC, Oct. 6 /CNW/ - Welichem Biotech Inc. (the "Company") (TSX-V: WBI.V), announced that Dr. Yeyan Zhang has resigned as a director of the Company for personal reasons. The Company has greatly valued Dr. Yeyan Zhang's contribution as a director of the Company for the past few years.

    
    About Welichem Biotech Inc.
    ---------------------------
    Welichem Biotech Inc. is a publicly-traded biotechnology company
developing therapeutic drugs in the fields of autoimmune diseases and cancer.

    ON BEHALF OF THE BOARD

    Genhui Chen
    Chief Executive Officer
    

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release. This press release contains forward-looking statements that include our belief as to the potential of our products. Certain risks and uncertainties such as our ability to successfully commercialize the products could cause the Company's actual results to differ materially from those in the forward-looking statements.

Contacts

Genhui Chen
Tel.: (604) 432-1703
Email: gchen@welichem.com