ANEW MEDICAL, INC. Acquires Needle-Free Dry Powder Auto-Injector License from Transfertech Sherbrooke (“TTS”) Page 1

NEW YORK, Aug. 21, 2024 (GLOBE NEWSWIRE) — ANEW MEDICAL, INC. (“ANEW” or the “Company”) (Nasdaq: WENA) announced the signing of an exclusive global license agreement with Transfertech Sherbrooke (“TTS”) regarding Nano injectiona needle-free, freeze-dried nanopowder auto-injector for drugs and vaccines.

Needle phobia and fear of injections or blood collection are common in adults and children, creating barriers to adherence to doctor visits and medication protocols. Alternatives to needles/syringes have been introduced, including creams, patches, inhalers, liquid auto-injectors, but these have significant cost and formulation limitations for topical applications.