SAN FRANCISCO, CA–(Marketwired – Jun 30, 2016) – Vista Partners announced today that it has initiated coverage on Mount TAM Biotechnologies, Inc. (OTCBB: MNTM) (“The Company,” or “MNTM”) with a twelve-month price target of $3.25. Ross Silver, Principal Analyst at Vista Partners, stated, “Mount Tam’s first and most advanced product (TAM-01), was acquired through a licensing agreement with The Buck Institute for Research on Aging. TAM-01 is intended for the treatment of systemic lupus erythematosus (“SLE”), the most common form of lupus and is the Company’s lead compound.” Mr. Silver concludes, “According to the Lupus Foundation of America, 1.5 million Americans have some form of lupus and more than 16,000 new cases are reported annually in the United States alone, while other estimates are more conservative. TAM-01 is a small molecule that in preclinical animal models has shown the potential to be disease modifying and has the potential to treat lupus nephritis, as a reminder 60% of SLE patients have lupus nephritis.”

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