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Tetra Bio-Pharma Inc

09:51 AM EST - Tetra Bio-Pharma Inc : Announces the launch of its new wholly owned subsidiary 'Tetra Bio-Pharma Australia Pty Ltd', an Australian-based research company focused on the execution of clinical trials in Australia. This represents Tetra's second foreign subsidiary and is in line with the Company's global expansion strategy for QIXLEEF, and other future drug candidates. Tetra Bio-Pharma Inc shares T.TBP are trading unchanged at $0.06.