Quantum BioPharma Ltd. (NASDAQ:QNTM) (CSE:QNTM) (FRA: 0K91) ("Quantum BioPharma" or the "Company"), a biopharmaceutical company dedicated to building a portfolio of innovative assets and biotech solutions, today announced that the United States District Court for the Southern District of New York has largely ruled against defendants CIBC World Markets ("CIBC") and RBC Dominion Securities ("RBC") joint motion to dismiss Quantum Biopharma's lawsuit alleging illegal market manipulation.