CORPORATE STRUCTURE AND ORGANIZATION

Corporate Structure and Organization

We are one of five wholly owned subsidiaries of Tithon Biotech, Inc., a Delaware corporation (“Tithon Biotech”) These subsidiaries, including the Company, have been formed by Tithon Biotech too engage in the commercialization of the technologies and intellectual property granted to Tithon Biotech by Dr. Paspaliaris, Paspa Pharmaceuticals Pty Ltd and Adistem Pty Ltd, based upon the specific applications of such technologies, as they apply to certain therapeutic animal and human markets. Each subsidiary, including the Company, has been provided with licenses to commercialize the respective technologies and intellectual properties relevant to their specific market, and, in addition, are provided operational resources by their parent company Tithon Biotech.