Prescription Drugs and Pharmacy News

MENLO PARK, CA–(Marketwire – October 18, 2010) –  Depomed, Inc. (NASDAQ: DEPO) announced today that its president and chief executive officer, Carl A. Pelzel will be presenting at the 17^th Annual Meeting of NewsMakers in the Biotech Industry Conference on Friday, October 22, 2010 at 9:30 am EST, and at the Oppenheimer 21^st Annual Healthcare Conference on Wednesday, November 3, 2010 at 2:45 pm EST, both in New York City.

The company will be webcasting its presentation and interested parties can access the live or archived presentation for up to 90 days on the company’s website at www.depomed.com.

About Depomed
Depomed, Inc. is a specialty pharmaceutical company with one product candidate through Phase 3 clinical development, another in Phase 3 clinical development, two approved products on the market and other product candidates in its early stage pipeline. Product candidate DM-1796 has completed Phase 3 clinical development and has been licensed to Abbott Products Inc. A New Drug Application for DM-1796 was accepted by the FDA in the second quarter of 2010. Product candidate Serada^® is in Phase 3 clinical development for menopausal hot flashes. GLUMETZA^® (metformin hydrochloride extended release tablets) is approved for use in adults with type 2 diabetes and promoted by Santarus, Inc. in the United States. Depomed formulates its products and product candidates with its proven, proprietary Acuform^® drug delivery technology, which is designed to improve existing oral medications, allowing for extended, controlled release of medications to the upper gastrointestinal tract. Benefits of Acuform-enhanced pharmaceuticals include the convenience of once-daily administration, improved treatment tolerability and enhanced compliance and efficacy. Additional information about Depomed may be found on its website, http://www.depomed.com.

COLUMBIA, SC–(Marketwire – October 11, 2010) – BDI Pharma, Inc. (BDI), the nation’s fastest growing national distributor of biotech therapies, announced the continuing expansion of the company’s specialty pharmaceutical portfolio with the launch of a new Animal Health Division, 4legPharma. This latest BDI Pharma expansion, focused on the biopharmaceutical needs of the veterinary specialist, is supported by the launch of its own website, www.4legpharma.com, as well as a staff of highly trained representatives dedicated to service this unique marketplace.

“As the Animal Health Division of BDI Pharma, 4legPharma is backed by over 15 years of experience in handling urgent need, critical care pharmaceutical products. We are uniquely positioned to offer veterinary specialists the best of both animal drugs as well as human therapies for extralabel use to treat pets suffering from the same chronic, life-threatening conditions that affect humans. Our customers appreciate that we deliver the safety of a secure product distribution channel and a level of personal service that is unrivaled in the veterinary medical community,” said Angela Phillips, Director of Animal Health.

The US Bureau of Labor Statistics states that the number of veterinary jobs is expected to increase thirty-three percent (33%) by 2018 as a whole, and reports published by the AVMA indicate an average annual increase of eleven percent (11%) in the number of veterinarians seeking board-certification to specialize in the areas of internal medicine, anesthesiology, dermatology, and seventeen other recognized specialties.

“At BDI Pharma, it is our commitment to bring definable value and uncompromising service to our customers and trade partners that sets us apart from others,” stated Edward Stiefel, Jr., Co-President of BDI Pharma. “Our Animal Health Division is a testament to the capabilities and resources we are willing to dedicate to service the specific nature of a growing marketplace.”

About BDI Pharma, Inc.

Since 1995, BDI Pharma has defined its customer-centric approach to serving the nation’s healthcare community through innovative inventory supply solutions, unparalleled customer service, extensive product knowledge, 24/7 emergency availability and urgent need delivery. An open-access resource for reference material, educational literature, market data and online ordering, www.bdipharma.com has become an industry renowned point of reference. Proprietary programs for product consignment (www.consignadvantage.com), flu vaccine pre-booking (www.securiflu.com), vaccine ordering (www.securivax.com) and purchasing/reward programs (www.qoreprogram.com and www.securigam.com) round out a family of solutions tailored to the needs of the healthcare community at large.

BDI Pharma’s portfolio includes branded and generic specialty pharmaceuticals, chemotherapy products, vaccines, albumin, IVIG, coagulation factors, high-titer or “hyper” immune globulins, and other specialty injectables. BDI Pharma is recognized as an “ADR,” or Authorized Distributor of Record, for all of the manufacturers it represents.

NEW YORK, NY–(Marketwire – October 7, 2010) – For insulin dependent diabetics it has been the ultimate treatment goal: a pump and monitor combination that would not only read glucose levels but also determine how much insulin to deliver, and administer it. In recent years, such products have become available and given the growing patient population, this should be a high-growth area in the IVD market, according to healthcare market research publisher Kalorama Information, in its latest report on the IVD industry, “Worldwide Market for In Vitro Diagnostic Tests, 7^th Edition.”

Kalorama estimates that in 2009, continuous blood glucose systems by three companies, Medtronic, Dexcom and Insulet, generated product sales of close to $200 million, as compared to approximately $100 million in 2008. This is high revenue growth for testing markets, and growth could increase in the future given an expanding patient population and increasing acceptance in healthcare, according to Kalorama Information.

“This is a hot and very competitive area and companies are demonstrating well above average growth for IVD products,” said Shara Rosen, lead diagnostic analyst for Kalorama Information and author of the report. “Most importantly, it’s an underserved market.”

Fewer than 30% of U.S. type 1 diabetes patients using insulin pumps and less than 1% of type 2 diabetes patients who use insulin pumps are currently using continuous monitors. CMS assigned unique codes and reimbursement rates for continuous glucose monitoring. 

According to Rosen, the unmet demand for this type of system is best illustrated by DexCom’s revenue track record. Since starting at just $2 million in 2006, sales have virtually doubled each of the past three years.

Kalorama’s report lists at least 10 devices that are already available and at least as many more in development. According to the report, not all of these developed products will be able to succeed. Smiths Medical’s (St. Paul, MN) recent exit from the market indicates just how competitive this segment has become, even when partnered with IVD veteran Abbott Diabetes Care. Smiths Medical (formerly Deltec, Inc.) was one of the first companies to commercialize a continuous BGM system. In June 2004, the company received FDA clearance to market the CozMore Insulin Technology System and in spite of continued improvements, the product failed to gain significant market share. 

Point-of-Care, or POC diagnostic tests are just one area covered in Kalorama Information’s extensive review of the in vitro diagnostic testing industry, “Worldwide Market for In Vitro Diagnostic Tests, 7^th Edition.” The report can be found at:
http://www.kaloramainformation.com/redirect.asp?progid=79735&productid=2613362.

About Kalorama Information
Kalorama Information supplies the latest in independent market research in the life sciences, as well as a full range of custom research services. We routinely assist the media with healthcare topics. Follow us on Twitter (http://www.twitter.com/KaloramaInfo) and LinkedIn (http://www.linkedin.com/groups?gid=2177845&trk=hb_side_g).

DUBAI, UNITED ARAB EMIRATES–(Marketwire – Oct. 6, 2010) – The recent re-launch of a global networking web-site has attracted thousands of healthcare industry affiliated professionals keen to share information on-line. The website, www.GlobalHealthcareNetwork.com was revamped last month to help facilitate (showcase/broadcast) research, provide business & networking opportunities and act as an easily accessible forum for healthcare issues and challenges (around the world to be discussed) The site is also proving popular as an informal tool that allows members to socialise with their healthcare peers in other countries.

“This is the age of social networking and a great deal of information is now being traded (exchanged) on-line using this method,” said Dr. Prem Jagyasi, renowned global healthcare consultant and founder of the Global Healthcare Network. “There are many general purpose social networking sites with millions of users, but we were encouraged by healthcare professionals across the world to create a site designed especially with the sector in mind,” he added.

The www.GlobalHealthcareNetwork.com is unique in that it has customised settings so that healthcare professionals can participate in specific activities. Healthcare professionals using the site can join various special interest groups in the sector; such as Healthcare Management, Healthcare Marketing, Healthcare Insurance, Pharmaceutical, Medical Equipment, Healthcare Finance, Healthcare Journalist and, Medical Tourism (Health Tourism / Healthcare Travel / Medical Travel), amongst others.

The site also aggregates the latest news from around the world to provide easy access of vital healthcare information at one place, as well as offering all the standard networking benefits that include connections, blogging, forum discussions, media uploads and event updates. The network is integrated with Facebook and Twitter so members can post to other networking sites from Global Healthcare Network. The Global Healthcare Network also has group/fan pages on LinkedIn, Facebook and Twitter, with more than 1750 members actively communicating.

Dr. Jagyasi believes that the advantage of the Global Healthcare Network is that it allows for health professionals to share information easily, which in turn breaks down barriers and improves cooperation between healthcare providers. “Even the small links that are established through purely social interaction can develop into bigger links over time, as channels of communication become progressively embedded,” he said. “We can see from the buzz and chatter happening on the site that connections are being made that should lead to the forging of relationships that can only benefit healthcare in the future. I believe that this site will act as an important adjunct to the continued growth of the sector worldwide,” he added. 

The site provides us with updated information about all upcoming healthcare events worldwide at one place.

Dr Prem Jagyasi, recently presented the topic ‘ Social Media Marketing’ at the World Medical Tourism and Global Healthcare Association 2010 in Los Angeles, USA. The presentation provided a prescriptive roadmap for Online Media and Social Media Success while discussing best practices and answering the biggest questions faced by health care marketers in the field of Social Media Marketing. His presentation is also available to view on www.slideshare.net/jagprem or www.GlobalHealthcareNetwork.com or www.DrPrem.com.

Anyone, health professional or otherwise, can access the Global Healthcare Network by logging on to http://www.globalhealthcarenetwork.com and creating a user account. They will then be able to connect to health workers from around the world.

Below are quick links:

Global Healthcare Network Site: www.GlobalHealthcareNetwork.com

Members: http://www.globalhealthcarenetwork.com/profiles/members/

Notes & News http://www.globalhealthcarenetwork.com/notes/index/allNotes

Forums http://www.globalhealthcarenetwork.com/forum

Blogs http://www.globalhealthcarenetwork.com/profiles/blog/list

Facebook Page http://www.facebook.com/pages/Global-Healthcare-Medical-Tourism-Health-Tourism/105868006128124

LinkedIn http://www.linkedin.com/groups?mostPopular=&gid=2997546

Twitter http://twitter.com/Globalhcn

About Global Healthcare Network

Global Healthcare Network is a unique social networking platform for Healthcare Professionals. Join the group now to Network, share & learn. There is a total of 1750+ Network members across all Global Healthcare Networking sites/pages including facebook & linkedin.

The network allows you to create blog, start discussion, join various healthcare groups, promote your services.

About Dr Prem Jagyasi

A successful entrepreneur and experienced strategic professional, Dr Prem Jagyasi is a renowned Chartered Management, Healthcare Marketing and Medical Tourism Consultant. Providing high-profile consultancy services to Government authorities and private healthcare organizations, Dr. Prem Jagyasi is a noticeably leading Global Healthcare and medical tourism consultant in the world.

Apart from running a successful healthcare solution firm and consultancy business, he has initiated several innovative healthcare awareness projects such as Family Health Festival, No Tobacco Campaign, Summer Health Festival, Ahlan Ramadan and Diabetes Events. His initiatives are endorsed and recognized by the country’s ministry of health and other government authorities. On a global front, he is also working on Medical Tourism Guide, Educational Events, Global Health Directory, and workshops on quality practice for international patients. etc.

Currently, Dr Prem Jagyasi is MD & CEO of ExHealth, a Dubai HealthCare City based firm engaged in offering multi-dimensional healthcare solutions in international domain. He also serves the Medical Tourism Association (also known as Global Healthcare Association) —a Non Profit organization based in USA as Honorary Chief Strategy Officer. He is also the Chief Editor of UAE’s leading health magazine – HealthFirst, published in association with one of the leading English dailies of the region.

NEW YORK, NY–(Marketwire – September 28, 2010) –  iiBIG presents the Next Generation Pharma Sales & Marketing Summit, scheduled for November 16-17, 2010 at the Baltimore Marriott Inner Harbor at Camden Yards in Baltimore, MD. The pharmaceutical sales and marketing landscape has changed dramatically over the past few years with an expectation of global sales of pharmaceuticals to grow at a rate of 5%-8% annually over the next five years. At the center of this highly regulated industry emerges an increase of communications, digital marketing efforts, social media and sales force success strategies. Today’s pharmaceutical executives continue to create and implement influential campaigns with the goal of ultimately improving health outcomes by exploring new and dynamic selling techniques. At the same time, pharmaceutical sales representatives face increasing difficulty due to falling physician accessibility, stronger regulation in the industry, and changing operational models surrounding healthcare delivery.

This event will address the value of both sales and marketing operations within large, mid-size, and specialty pharmaceutical companies. It will feature keynote presentations from industry leaders, panel debates, relevant case studies, and high-level networking. This is an essential opportunity for any executive striving to make the most out of cutting-edge and alternative sales and marketing innovation best-practices.

The executive speaking faculty includes: A.T. Kearney; Acorda Therapeutics; Amarin Corporation; Astellas Pharma; AstraZeneca; Baxter; Biomet Microfixation; Bristol-Myers Squibb; comScore, Inc.; Covidien; Daiichi Sankyo, Inc.; Digitas Health; Epocrates; Genentech; Genzyme Genetics; GSW Worldwide; Harris Interactive; HighPoint Solutions; King Pharmaceuticals; Klick Pharma; Lundbeck Inc.; M2 Worldwide; MedImmune; NicOx; NuPathe; OSI Pharmaceuticals; Pacific Bridge Medical ; Pfizer; Physicians Interactive; PricewaterhouseCoopers ; Saint Joseph’s University; Sequella; Shire Pharmaceuticals; SymCare Personalized Health Solutions, Inc. (a Johnson & Johnson Company); Symphogen, Inc.; Teva Pharmaceuticals; UCB, Inc.; and WellDoc Communications, Inc.

For conference details: http://www.iibig.com/P1005

ABOUT iiBIG
iiBIG (International Institute for Business Information & Growth) is an unbiased, independent company dedicated to organizing business-to-business conferences and seminars for senior-level business executives. We provide learning and networking settings for some of the business community’s BIGgest thinkers – those who occupy the highest levels in their companies and organizations. Our events focus on the most pressing and timely issues facing decision-makers in today’s global economy. For more information, visit: http://www.iibig.com.

ALEXANDRIA, VA–(Marketwire – September 23, 2010) –   Today, the Food and Drug Administration (FDA) announced that it will significantly restrict the use of the diabetes drug Avandia and other drugs containing rosiglitazone to patients with Type 2 diabetes who cannot control their diabetes on other medications. These new restrictions are in response to data that suggest an elevated risk of cardiovascular events, such as heart attack and stroke, in patients treated with Avandia.

The FDA, in its announcement, noted that it will require GlaxoSmithKline (GSK) to develop a restricted access program for Avandia under a risk evaluation and mitigation strategy (REMS). Under the REMS, Avandia will be available to new patients only if they are unable to achieve glucose control on other medications and are unable to take Actos (pioglitazone), the only other drug in this class. Current users of Avandia who are benefiting from the drug will be able to continue using the medication if they choose to do so. Doctors will have to attest to and document their patients’ eligibility; patients will have to review statements describing the cardiovascular safety concerns associated with this drug and acknowledge they understand the risks. The agency anticipates that the REMS will limit use of Avandia significantly.

The European Medicines Agency (EMA) has suspended the marketing authorization for all rosiglitazone-containing medicines (Avandia, Avandamet® and Avaglim®). These medicines will no longer be available in Europe within the next few months.

The American Diabetes Association, The Endocrine Society and the American Association of Clinical Endocrinologists urge patients who are currently taking Avandia or any combination pill that includes Avandia to contact their diabetes care provider’s office for instructions about treatment options. Patients should be aware that stopping a diabetes medication without consulting a doctor can result in higher levels of blood glucose that may cause serious short term health problems and could increase the risk of long term diabetes-related complications.

Patients and health care professionals should also be aware that multiple classes of drugs, often with more than one agent per class, are available to achieve and maintain glucose control in type 2 diabetes. In order to limit the risk of long-term complications, optimal glucose control, along with control of other risk factors, such as high blood pressure and cholesterol, is critically important for patients with type 2 diabetes. A number of other medications can be used to control diabetes and should be discussed with a patient’s health care team. For more information on the different classes of available medications drugs: http://www.diabetes.org/living-with-diabetes/treatment-and-care/medication/oral-medications/what-are-my-options.html.

The American Diabetes Association, The Endocrine Society, and American Association of Clinical Endocrinologists continue to support the FDA in its role as the regulatory agency that makes decisions regarding drug safety and efficacy.

The American Diabetes Association is leading the fight to stop diabetes and its deadly consequences and fighting for those affected by diabetes. The Association funds research to prevent, cure and manage diabetes; delivers services to hundreds of communities; provides objective and credible information; and gives voice to those denied their rights because of diabetes. Founded in 1940, our mission is to prevent and cure diabetes and to improve the lives of all people affected by diabetes. For more information please call the American Diabetes Association at 1-800-DIABETES (1-800-342-2383) or visit www.diabetes.org. Information from both these sources is available in English and Spanish.

Founded in 1916, The Endocrine Society is the world’s oldest, largest and most active organization devoted to research on hormones and the clinical practice of endocrinology. Today, The Endocrine Society’s membership consists of over 14,000 scientists, physicians, educators, nurses and students in more than 100 countries. Society members represent all basic, applied, and clinical interests in endocrinology. The Endocrine Society is based in Chevy Chase, Maryland. To learn more about the Society and the field of endocrinology, visit our site at www.endo-society.org.

AACE is the world’s largest professional medical organization of clinical endocrinologists with more than 6,500 members in the United States and 91 other countries. AACE members are physicians who specialize in endocrinology, diabetes, and metabolism. For more information about AACE, visit our Web site at www.aace.com, become a fan on Facebook at www.facebook.com/theaace or follow us on Twitter at www.twitter.com/theaace. 

id=”nav_links”>

WASHINGTON, DC–(Marketwire – September 15, 2010) –

About Surescripts
Surescripts operates the nation’s largest e-prescription network and supports the most comprehensive ecosystem of health care organizations nationwide. Surescripts was founded on the principles of neutrality, transparency, interoperability, efficiency, collaboration and quality. Surescripts connects prescribers in all 50 states through their choice of e-prescribing software to the nation’s leading payers, chain pharmacies and independent pharmacies. The Nation’s E-Prescription Network is available every day to healthcare providers in need of low-cost, electronic access to prescription and health information. By securely and reliably providing that information during emergencies and routine care, Surescripts is committed to saving lives, improving efficiency and reducing the cost of health care for all. For more information, go to www.surescripts.com and follow us at twitter.com/surescripts.

NEW YORK, NY–(Marketwire – September 13, 2010) –  FDAAdvisoryCommittee.com (FDAAC.com), a provider of live video webcasts of Food and Drug Administration (FDA) Advisory Committee meetings, today announced that it will webcast the Endocrinologic and Metabolic Drugs Advisory Committee’s discussions on the cardiovascular implications for Meridia® as well as the safety and efficacy of Lorqess®. The Meridia meeting is scheduled for September 15, 2010 from 8:00 a.m. ET to 5:00 p.m. ET. The Lorqess meeting will be held on September 16, 2010 from 8:00 a.m. ET to 5:00 pm. ET. 

On September 15, Abbott Laboratories’ new weight loss drug Meridia comes under review as experts discuss the results of clinical trials that evaluated the potential benefits of weight loss with the drug on major cardiovascular adverse events. Meridia acts as an appetite suppressant in combination with a diet and exercise regimen.

The Committee will review the safety and efficacy of Lorqess, Arena Pharmaceuticals’ new diet pill, on September 16. The drug acts as an appetite suppressant and works in conjunction with diet and exercise for obese patients as determined by body mass index (BMI).

Audience members, including biotech equity analysts, pharmaceutical employees, and journalists will be able to watch from anywhere in the world as the Committee reviews Meridia and Lorqess. FDAAC.com will webcast the meeting live and on location from the Inn and Conference Center at the University of Maryland University College.

FDAAC.com is committed to delivering the highest quality of video and experience. By utilizing h.264 encoding in conjunction with Flash Media, FDAAC.com’s webcasts deliver a near instantaneous stream. These high-quality streams can be accessed from anywhere around the globe and are archived for six months after the live event for unlimited review.

FDAAC.com‘s webcasts are powered by TalkPoint, a provider of Web-based audio and video Webcasting solutions and services. With over a decade of experience, TalkPoint has developed the most robust, scalable, interactive webcasting platform in the industry. TalkPoint’s easy-to-use applications incorporate audio, video, slides, and other interactive elements to deliver high-impact webcasts cost-effectively.

To join the webcasts on September 15 and 16 at 8 a.m. ET register at http://fdaac.com

About FDAAdvisoryCommittee.com
FDAAC.com provides live video webcasts of FDA Advisory Committee meetings captured on location. These meetings cover an array of topics related to medicinal health including OTC, prescription and treatment devices. Very often meetings will result in rulings on clinical trials, final approval and bans of medications and treatment options. TalkPoint is the exclusive webcast provider for FDAAdvisoryCommitte.com.

For more information on FDAAC.com, go to www.fdaac.com.

PORT HUENEME, CA–(Marketwire – September 13, 2010) –  (TSX-V: KLH) (PINKSHEETS: SBOTF) — Stellar Biotechnologies, Inc. is collaborating with Bayer Innovation GmbH (BIG) in the development of biopharmaceuticals. Bayer’s personalized idiotype vaccine for the treatment of Non-Hodgkin’s-Lymphoma (NHL) is currently in Phase I clinical trials, and the cooperation is related to the development of a personalized Non-Hodgkin’s-Lymphoma vaccine. The vaccine antigen is produced in tobacco plants based on Bayer’s proprietary magnICON^® technology. Bayer Innovation GmbH is a wholly-owned subsidiary of Bayer AG (PINKSHEETS: BAYRY) (XETRA: BAYGN) (LSE: BYRB).

A critical project feasibility milestone in the “Joint Development Agreement” has been achieved. Under terms of the agreement, Stellar Biotechnologies supplies Keyhole Limpet Hemocyanin (KLH) which is coupled to the idiotype protein produced in tobacco plants. KLH is a highly potent immuno-stimulatory protein, which stimulates the lymphocytes to recognize even familiar proteins attached to it as foreign. During the immune response that ensues, the lymphocytes mainly focus on the peptide sequence of the attached tumor idiotype. This so-called immunogenic carrier molecule comes solely from the rare keyhole limpet, and Stellar has technology for the maintenance of the animal, the non-lethal extraction of the critical molecule and a profitable refinement process of KLH.

By consent of both parties, Stellar will receive a milestone payment from BIG, and the co-development agreement is being expanded and continued to achieve important new endpoints that may prove critical to Bayer’s interest in therapeutic vaccines based on its plant-based protein expression system, the magnICON® technology.

Dr. John Butler, Global Project Leader of Plant Made Pharmaceuticals (PMP) for Bayer, said, “We are happy to have achieved this important milestone, and appreciate working with Stellar’s talented scientific team, led by Professor Daniel Morse. Together with Bayer’s scientists and engineers, we believe we have made a significant impact on the potential cost structure as well as efficiency and sustainability of our vaccine production. Securing a long-term sustainable KLH supply is a key element in our efforts to enable a new therapy that could significantly benefit disease outcomes and quality of life of NHL patients.”

Frank Oakes, CEO of Stellar, said, “Stellar has been honored by the opportunity to partner with the cutting-edge team at Bayer Innovation, and now, to grow this new relationship to the next level. Bayer Innovation is among the highest regarded participants in the PMP field, and we believe the credibility that comes from working with an internationally recognized biotechnology, materials science, and pharmaceutical powerhouse is incalculable. We are excited by the opportunity for growth in this relationship, and the potential for exploring future business development opportunities with Bayer Innovation.”

About Bayer Innovation GmbH (BIG — http://www.bayer-innovation.com/en/homepage.aspx) is part of Bayer’s innovation strategy and complements the innovation activities of the different subgroups in the fields of health care, nutrition and high-quality materials. Its objective is to identify and develop new growth opportunities, preparing entry into new and expanding markets. Currently the focus is on medical technology and the production of plant-made pharmaceuticals.

About Stellar Biotechnologies, Inc. (TSX-V: KLH) (PINKSHEETS: SBOTF) (www.StellarBiotechnologies.com) is a world leader in sustainable manufacturing of pharmaceutical grade immune carrier proteins (ICP), particularly with regard to the present most important pharmaceutical protein in this class, KLH (Keyhole Limpet Hemocyanin). This ancient evolutionary protein has a highly complex structure that makes it ideal for use in human and animal vaccines and diagnostic products. With partners and customers, its flagship Stellar KLH products are in the clinic, and on the way to being established as the only sustainable, long-term pharmaceutical source.

Statements in this press release other than purely historical factual information, including statements relating to revenues or profits, or the Company’s future plans and objectives, or expected sales, cash flows, and capital expenditures constitute forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company’s business, including risks inherent in the technology history. There can be no assurance that such forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on such statements. Except in accordance with applicable securities laws, the Company expressly disclaims any obligation to update any forward-looking statements or forward-looking statements that are incorporated by reference herein. This news release does not constitute an offer to sell, or a solicitation of an offer to buy any of the Company’s securities set out herein in the United States, or to, or for the benefit or account of, a U.S. person or person in the United States. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

PT. HUENEME, CA–(Marketwire – September 10, 2010) – Stellar Biotechnologies, Inc. (PINKSHEETS: SBOTF) (TSX-V: KLH) announces filing for patent protection of inventions related to its native Immunogenic (IMG) KLH technology platform and immune status monitoring product portfolio. KLH (keyhole limpet hemocyanin) is presently the most pharmaceutically important ICP (immune carrier protein) and IMG KLH is the most effective immune stimulant for use in cancer, viral and parasite vaccines; animal vaccines; and diagnostic products. Patent claims include pharmaceutical grade compositions of matter, processes for manufacture and methods of use in a wide range of therapies.

John Sundsmo, Ph.D., VP Research and Intellectual Property, said, “With filing of this patent application Stellar has achieved an important milestone on the road to becoming the preeminent world leader in development and manufacture of pharmaceutical grade immune carrier proteins. We are very pleased with the progress achieved by our scientists and what this patent application tangibly demonstrates.”

Corporate Website: www.StellarBiotechnologies.com
Stellar News at Marketwire: http://www.marketwire.com/mw/search.do?params=&grpSearch=C&companyid=70788

About Stellar Biotechnologies, Inc. (PINKSHEETS: SBOTF) (TSX-V: KLH) – (www.StellarBiotechnologies.com): is a world leader in sustainable manufacturing of pharmaceutical grade immune carrier proteins (ICP), particularly with regard to the present most important pharmaceutical protein in this class, KLH (Keyhole Limpet Hemocyanin). This ancient evolutionary protein has a highly complex structure that makes it ideal for use in human and animal vaccines and diagnostic products. With partners and customers, its flagship Stellar KLH products are in the clinic, and on the way to being established as the only sustainable, long-term pharmaceutical source.

This news release does not constitute an offer to sell, or a solicitation of an offer to buy any of the Company’s securities set out herein in the United States, or to, or for the benefit or account of, a U.S. Person or person in the United States. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

PT. HUENEME, CA–(Marketwire – September 9, 2010) –  Stellar Biotechnologies, Inc. (PINKSHEETS: SBOTF) (TSX-V: KLH) announces filing for patent protection of inventions related to its native Immunogenic (IMG) KLH technology platform and immune status monitoring product portfolio. KLH (keyhole limpet hemocyanin) is presently the most pharmaceutically important ICP (immune carrier protein) and IMG KLH is the most effective immune stimulant for use in cancer, viral and parasite vaccines; animal vaccines; and diagnostic products. Patent claims include pharmaceutical grade compositions of matter, processes for manufacture and methods of use in a wide range of therapies.

John Sundsmo, Ph.D., VP Research and Intellectual Property, said, “With filing of this patent application Stellar has achieved an important milestone on the road to becoming the preeminent world leader in development and manufacture of pharmaceutical grade immune carrier proteins. We are very pleased with the progress achieved by our scientists and what this patent application tangibly demonstrates.”

Corporate Website: www.StellarBiotechnologies.com
Stellar News at Marketwire: http://www.marketwire.com/mw/search.do?params=&grpSearch=C&companyid=70788

About Stellar Biotechnologies, Inc. (PINKSHEETS: SBOTF) (TSX-V: KLH) – (www.StellarBiotechnologies.com): is a world leader in sustainable manufacturing of pharmaceutical grade immune carrier proteins (ICP), particularly with regard to the present most important pharmaceutical protein in this class, KLH (Keyhole Limpet Hemocyanin). This ancient evolutionary protein has a highly complex structure that makes it ideal for use in human and animal vaccines and diagnostic products. With partners and customers, its flagship Stellar KLH products are in the clinic, and on the way to being established as the only sustainable, long-term pharmaceutical source.

This news release does not constitute an offer to sell, or a solicitation of an offer to buy any of the Company’s securities set out herein in the United States, or to, or for the benefit or account of, a U.S. Person or person in the United States. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Sept. 8, 2010) – ALDA Pharmaceuticals Corp. (TSX VENTURE:APH)(OTCQB:APCSF) (the “Company”) is pleased to announce that it has closed the private placement announced July 27^th, 2010. A total of 3,275,000 Units of the Company were issued at a price of $0.10 per Unit for gross proceeds of $327,500. All securities issued with respect to the private placement will be subject to a hold period expiring on January 8, 2011 in accordance with the policies of the TSX Venture Exchange and applicable Canadian securities laws. 

Each Unit consists of one common share of ALDA and one non-transferable share purchase warrant entitling the holder to acquire one additional common share of ALDA at a price of $0.20 per common share for a period of two (2) years from the date of the issuance of the purchase warrant with a forced exercise provision attached to each warrant commencing on the day following the expiry of any applicable hold period on the underlying Common Share, stating that if, for ten consecutive trading days, the closing price of the listed shares of the Company exceeds $0.40 then the exercise period of the warrants will be reduced to a period of 10 days following such trading days. Net proceeds from the offering will be used for working capital.

The Company paid finders’ fees of $2,250 (5% of the gross proceeds of $45,000) to certain registrants with respect to the offering.

Insiders of ALDA subscribed for 677,500 Units on the same terms as arm’s length investors, constituting a related party transaction pursuant to Multilateral Instrument 61-101 and TSX Venture Exchange Policy 5.9. Such Insider participation was exempt from the requirement to obtain an independent valuation pursuant to Section 5.5(b) of MI 61-101 and the requirement to obtain minority shareholder approval pursuant to Section 5.7(1)(b) of MI 61-101.

About ALDA Pharmaceuticals Corp.

ALDA is focused on the development of infection-control therapeutics derived from its patented T³6^® technology. The company trades on the TSX Venture Exchange under the symbol APH and on the OTCQB under the symbol APCSF. The Company was the Official Supplier to the Vancouver 2010 Olympic Winter Games and the Vancouver 2010 Paralympic Winter Games and is the Official Supplier to the Canadian Olympic Committee, the 2010 Canadian Olympic Team and the 2012 Canadian Olympic Team for antiseptic hand sanitizer, disinfectant and disinfectant cleaning products. The Company was also selected as one of the TSX Venture 50 companies in the Technology and Life Sciences sector for 2010.

Terrance G. Owen, Ph.D., MBA
President & CEO
ALDA Pharmaceuticals Corp.
www.aldacorp.com

The Units, common shares, warrants and the common shares issuable upon exercise of the warrants have not been registered under the United States Securities Act of 1933 (the “Act”) and may not be offered or sold absent registration under the Act or an applicable exemption from the registration requirements thereof. This news release does not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction or an exemption therefrom.

Cautionary Note Regarding Forward-looking Statements: Information in this press release that involves ALDA’s expectations, plans, intentions or strategies regarding the future are forward-looking statements that are not facts and involve a number of risks and uncertainties. ALDA generally uses words such as “outlook”, “will”, “could”, “would”, “might”, “remains”, “to be”, “plans”, “believes”, “may”, “expects”, “intends”, “anticipates”, “estimate”, “future”, “plan”, “positioned”, “potential”, “project”, “remain”, “scheduled”, “set to”, “subject to”, “upcoming”, and similar expressions to help identify forward-looking statements. The forward-looking statements in this release are based upon information available to ALDA as of the date of this release, and ALDA assumes no obligation to update any such forward-looking statements. Forward-looking statements believed to be true when made may ultimately prove to be incorrect. These statements are not guarantees of the future performance of ALDA and are subject to risks, uncertainties and other factors, some of which are beyond its control and may cause actual results to differ materially from current expectations.

SAN DIEGO, CA–(Marketwire – September 1, 2010) –  Recombinant human beta-interferon reduces the frequency of multiple sclerosis (MS) exacerbations and improves MS outcome measures. Unfortunately, current beta-interferon drug products form aggregates that provoke a neutralizing antibody response in MS patients, significantly reducing the effectiveness of the drug.

In a Journal article titled: “n-Dodecyl-?-D-Maltoside Inhibits Aggregation of Human Interferon-?-1b and Reduces Its Immunogenicity” which appeared in the Journal of Neuroimmune Pharmacology, published online on June 7, 2010 scientists from a leading US University Medical School report that addition of a patented ProTek® excipient, a pharmaceutical grade of dodecyl maltoside developed by Aegis, inhibits aggregation and prevents development of antibodies in vivo suggesting a route to greatly improved beta interferon formulations. The abstract of the scientific report may be viewed online at: http://www.springerlink.com/content/v46614510n311211/.

According to Dr. Edward T. Maggio, CEO of Aegis Therapeutics, “Aggregation-induced immunogenicity is a problem for many protein therapeutics, reducing drug effectiveness and in extreme instances, causing life-threatening adverse reactions as with erythropoietin and Factor VIII. And because protein aggregation also adversely affects manufacturing process yields and drug potency it has become a major concern for pharmaceutical formulators worldwide.”

ProTek® excipients are being used to prevent aggregation of monoclonal antibodies, human growth hormone, parathyroid hormone, and insulin, as well as a number of undisclosed proprietary peptide or protein therapeutics now in development.

About Aegis Therapeutics
Aegis Therapeutics commercializes its patented drug delivery and drug formulation technologies through product specific licenses. Our Intravail® technology enables the non-invasive delivery of a broad range of protein, peptide and non-peptide macromolecular therapeutics that can currently only be administered by injection with exceptionally high and unmatched bioavailability. Our ProTek® technology provides proprietary, easily manufacturable, aqueous dosage forms that are stable at elevated temperature and that reduce unwanted immunogenicity of many protein and peptide therapeutics.

SAN CLEMENTE, CA–(Marketwire – August 31, 2010) –  Micro Identification Technologies, Inc. (OTCBB: MMTC) is a California-based public company that has developed, patented and produces a rapid microbial identification (ID) System that revolutionizes the bacteria ID process and can annually save thousands of lives and tens of millions of healthcare dollars. The MIT 1000 System identifies bacteria in minutes, not days, and at significant cost per test savings when compared to any conventional method — it is not reliant on chemical or biological agents, conventional processing, fluorescent tags, gas chromatography or DNA analysis — requiring only clean water and a sample of the unknown bacteria. Revenues for all rapid testing methods exceed $5 billion annually — with food safety accounting for over $3 billion — having expanded at a rate of 9.2 percent annually since 1998. Current growth projections are at 10.2 percent annually reaching $6.2 billion by 2013 and driven by major health, safety and homeland security issues.

MIT, to meet this growing demand, announces today that it has made significant manufacturing progress since its initiation of a manufacturing alliance with OSI Optoelectronics (OSIO), a subsidiary of OSI Systems, to produce the MIT 1000 System. OSIO has manufacturing facilities in California, Malaysia and India. “We are pleased to work with MIT as we feel their innovative product will become a valuable tool to help prevent widespread bacterial contamination in the future,” stated Manoocher Mansouri, OSIO’s President.

“All of OSIO’s world class facilities are ISO 9001:2000 certified, FDA registered and GMP compliant making them the perfect company to fabricate MIT’s systems for food safety applications as well as planned pharmaceutical and clinical diagnostic applications,” stated John Ricardi, MIT’s Executive Vice President and Chief Operating Officer. Mr. Ricardi further added that “While we are predicting quantity deliveries of the MIT 1000 System by the end of this year, initially the systems will be built in OSIO’s California facility, as volume increases, fabrication will move to one of their lower cost overseas facilities enabling MIT to improve future profit margins.” For more information on OSI Systems, visit the company’s website at www.osi-systems.com

The MIT 1000 Systems, in limited production during this last year, have had several distinguished users, including the U.S. Department of Agriculture, Japanese Ministry of Food Safety, University Putra Malaysia and several local contract bioscience testing laboratories. MIT’s Chairman Michael Brennan stated, “We have a small and growing backlog, are in discussions with several potential customers and are on track with this year’s goal to begin quantity deliveries by year’s end, and in turn need to increase our system support and microbiological research capabilities in conjunction with helping improve the food industry’s safety capabilities.”

To fund these activities, MIT has entered into a three-year $5,000,000 equity agreement with the Boston-based private equity firm, Dutchess Capital — the underlying S-1 Registration Statement was recently approved by the Securities Exchange Commission (SEC). MIT’s Chief Executive Officer, Michael Brennan, stated, “We have been very pleased working with Dutchess which has an excellent track record in the investment banking industry and has been a leading provider of private equity for over 10 years. Their successful background was the primary reason we selected them to be one of our partners.”

Chris Quin, Dutchess Vice President of business development stated, “We are excited to work with MIT as they continue to execute their business plan, develop further applications and increase market penetration of their laser-based, rapid microbial identification technology.” For more information on Dutchess Capital, visit the firm’s website at www.dutchesscapital.com

About Micro Identification Technologies:

The MIT 1000 System can identify bacteria in less than five minutes after culturing at a cost of less than 10 cents per test and is a certified AOAC Research Institute (RI) test method of Listeria, one of three bacteria (the others are Salmonella and E.coli) that are responsible for most of the worldwide food contamination events. The Company is in the process of preparing the MIT 1000 System to become AOAC RI certified later this year for the presence of all “three” bacteria with a single mouse click. The AOAC RI Report and Certification are available from the Company. www.aoac.org 

Further, MIT has demonstrated the ability to detect and identify, within several minutes, the microbes Escherichia coli, Listeria, Salmonella, Staphylococcus aureus, MRSA and other pathogenic bacteria. MIT recently performed over 300 tests for the identification of these contaminants and scored over 95 percent in accuracy. The System’s database currently enables the identification of over twenty species of bacteria and is easily expandable. This identification process has also been verified by North American Science Associates, Inc. (NAMSA), an independent, internationally recognized bioscience testing laboratory. The NAMSA Test Report is available from the Company and, in MIT’s opinion, documents the accuracy, speed and cost effectiveness of the MIT System over conventional processes. www.namsa.com

Please visit our website: www.micro-identification.com

This release contains statements that are forward-looking in nature. Statements that are predictive in nature, that depend upon or refer to future events or conditions or that include words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “estimates,” and similar expressions are forward-looking statements. These statements are made based upon information available to the Company as of the date of this release, and we assume no obligation to update any such forward-looking statements. These statements are not guarantees of future performance and actual results could differ materially from our current expectations. Factors that could cause or contribute to such differences include, but are not limited to dependence on suppliers; short product life cycles and reductions in unit selling prices; delays in development or shipment of new products; lack of market acceptance of our new products or services; inability to continue to develop competitive new products and services on a timely basis; introduction of new products or services by major competitors; our ability to attract and retain qualified employees; inability to expand our operations to support increased growth; and declining economic conditions, including a recession. These and other factors and risks associated with our business are discussed from time to time within our filings with the Securities and Exchange Commission, referencing: “MMTC”

SUWON, SOUTH KOREA–(Marketwire – August 30, 2010) – Neurotech Pharmaceuticals Co., Ltd. has begun dosing in the Phase 1 clinical testing of AAD-2004. AAD-2004 was developed as a dual function drug to remove free radicals and PGE₂, the key mediators of nerve injury in Alzheimer’s disease (AD), Parkinson’s disease (PD), and amyotrophic lateral sclerosis (ALS). The Phase 1 clinical trial was initiated to evaluate the safety, tolerability, and pharmacokinetics of AAD-2004 in healthy volunteers in April, 2010. The first two cohorts of the clinical study have been successfully completed without serious adverse events.

About FREE RADICALS AND PGE₂ IN NEURODEGENERTIVE DISEASES
Free radicals and PGE₂-mediated inflammation are expected to play a central role in the neurodegenerative process occurring in neurodegenerative diseases including AD, PD, and ALS. However, no drugs have been developed to prevent free radicals in the brain of AD, PD, and ALS due to poor blood-brain barrier permeability and adverse effects. Long-term use of conventional nonsteroidal anti-inflammatory drugs (NSAIDs) has been limited by the risk of cardiovascular infarction and thrombosis as well as gastrointestinal complications. Currently there are no FDA-approved drugs to protect nerve cells against toxic free radicals and inflammation evolving in the nervous system of patients with AD, PD, and ALS.

About AAD-2004
The scientific founders of Neurotech Pharmaceuticals discovered a novel chemical library on the premise that a single agent combining the anti-inflammatory attributes of aspirin with powerful anti-oxidant efficacy would constitute effective disease modifying therapeutics for nerve protection in neurodegenerative diseases, based on the additive/synergistic neuroprotective effects via compromising free radicals and inflammation. With leading supports via 21C Frontier R&D Program in Neuroscience from Ministry of Education, Science, and Technology, a National Drug Discovery Program from Ministry of Health and Welfare, and Ajou University in South Korea, Neurotech Pharmaceuticals launched an Anti-Alzheimer’s Drug discovery program. AAD-2004 was selected as a final drug candidate based upon safety and efficacy study in animal models of AD that improved cognitive function far better than antioxidants or NSAIDs as well as memantine, an FDA approved drug for the symptomatic treatment of AD. The therapeutic potential of AAD-2004 has been verified in animal models of ALS, PD, and major depression. Unlike conventional NSAIDs causing gastric damage, however, AAD-2004 did not produce gastric damage even at a dose 400-fold higher than maximally effective doses in animal models.

“While NASIDs cause gastric and cardiovascular risks by preventing production of prostaglandins PGI₂ as well as PGE₂ by inhibiting cyclooxygenases, AAD-2004 selectively prevents PGE₂ production as an inhibitor of microsomal prostaglandin E synthase-1 (mPGES-1), the terminal isomerase catalyzing conversion of PGH₂ to PGE₂, at nanomolar concentrations, which explains why AAD-2004 is safer than NSAIDs. In addition, the potent spin trapping property of AAD-2004 provides additional efficacy and safety,” said Byoung J. Gwag, Ph.D., CEO of Neurotech Pharmaceuticals and Professor at Department of Pharmacology of Ajou University School of Medicine. “The marked safety and efficacy in preclinical studies make AAD-2004 a promising drug candidate to advance into clinical trials. We are so pleased to see safety profile of AAD-2004 in human healthy volunteers exposed to doses higher than maximally effective doses in preclinical studies.”

About Neurotech Pharmaceuticals
Neurotech Pharmaceuticals was founded to develop drugs for the treatment of neurological diseases on the basis of the close collaboration of basic and clinical academic teams in 1998. In addition to AAD-2004, Neu2000, a moderate NMDA receptor NR2B-selective antagonist and potent antioxidant, has been developed as a drug candidate for stroke, spinal cord injury, acute myocardial infarction, and burn injury. Nonclincial and human phase I studies in the United States demonstrate that Neu2000 is safe (therapeutic index = 35 – 800 depending on types and severity of diseases) and thus can be advanced into human phase II study. ND-07 has been developed to treat inflammatory diseases including pancreatitis, inflammatory bowel disease, rheumatoid arthritis, and pain and is near the end of preclinical study.

Click here to see all recent news from this company

TUSTIN, CA–(Marketwire – August 26, 2010) – Radient Pharmaceuticals Corporation (RPC) (NYSE Amex: RPC) announced today target market details for the domestic and international commercialization of its Onko-Sure® in vitro diagnostic (IVD) cancer test. 

RPC received USFDA for its Onko-Sure® IVD cancer test approximately 24 months ago, which marked the point at which RPC could begin commercialization. Since that time a considerable amount of work has gone into creating a domestic & international distribution network, plus the highly effort of validating RPC’s USFDA approved Onko-Sure® test kits with oncologists, gastroenterologist and lab directors. RPC has added various needed validation tools that include the first edition of RPC’s 2010 Onko-Sure® Reference Guide for physicians, oncologists, clinicians, consumers and patients, (“ODR”) designed to significantly gain sales traction for Onko-Sure® in North America and other international markets. The Company is also working on additional clinical trials and inclusion in industry publications to determine the standard of care for cancer diagnosis and targeting additional validation tools, which are anticipated to be in place by year-end. The Company is now in a position to begin making significant headway in commercializing Onko-Sure® in target market.

According to Mr. Douglas MacLellan, Chairman and CEO of RPC, “RPC has focused 18 months of dedicated, diligent work related to product validation, and we expect the Company will demonstrate significantly improved sales results during the second half of FY2010. Given the timing of our US FDA approval and commercialization work, we are akin to a start-up Company. That said, we expect meaningful sales to begin over the next two quarters. We understand there is tremendous market pressure and encourage the investing community to look to the long-term success of RPC, especially given the current economic environment and the very competitive and sophisticated market we are operating in.”

FY2010/ FY2011 Onko-Sure® Commercialization Plan
As RPC executes its domestic and international Onko-Sure® sales plan, the Company is focusing on 4 key target markets, that include:

• US FDA approved use and sales of Onko-Sure® as a CRC Monitoring Test in the U.S. & eventually Canada;
• US FDA approved use and sales of Onko-Sure® as a CRC Monitoring Test in various international markets;
• Use and sales of Onko-Sure® as a general cancer screening test (predominately outside the US, currently in Taiwan and Korea); and,
• Health Canada approved use and sales of Onko-Sure® as a lung cancer screening and monitoring test.

Target Market Segment Details:

• US FDA approved use as a CRC Monitoring Test Market in the US & Canada: This market represents a US$200 million per year market at the wholesale level, and is growing at a 10% annual growth rate. The competing test for Onko-Sure® is the Carcinoembryonic Antigen (CEA) — a test that typically only identifies cancer its latest stages when the probability of treating the disease is lowest. Onko-Sure® has been clinically shown to identify cancer in its earliest stages, and these studies also indicate Onko-Sure® to be a superior test to CEA. To capitalize on this, we are implementing an aggressive commercialization strategy in the US specifically targeted towards physicians, oncologists, clinicians, consumers, patients and reference labs that show demand for the test.

• US FDA Approved use as a CRC Monitoring Test in International Markets: This market represents a US$250 million per year market at the wholesale level, and is also growing at a 10% annual growth rate. We expect sales of Onko-Sure® in North America will create new market share in the International CRC monitoring market by FY2011.

• Government-backed General Cancer Screening Test (predominately outside the US): Government backed general cancer screening represents a potential US$1 billion per year market that is currently in its infancy. International recognition and demand for government-backed general cancer screening has only just begun. U.S. adoption of government back general cancer screening for high risk populations is expected to be commonplace by 2015. Based on RPC market analysis, we anticipate driving solid adoption and sales of Onko-Sure® in high risk populations specifically in India and Colombia by the fourth quarter 2010, and Brazil by the second quarter of 2011. We are actively targeting other countries and expect sales to ramp as RPC’s initial commercialization program in the above markets demonstrates results. Additionally, through our US-based CLIA lab partner, we have initiated product sales for Onko-Sure® that is being used as a general cancer screen in the US and Canada and we are selling Onko-Sure® as a general cancer screen in Korea and Taiwan. In order for RPC to gain up to US$1 billion in Onko-Sure sales from government-backed general cancer screening initiatives (“GCSI”), which would be focused on “patients with a high risk of developing cancer,” RPC will need to sell approximately 1,488,095 kits annually.

• Health Canada Approved use as a Lung Cancer Screening & Monitoring Test: This represents a US$50 million per year market, also currently in an infancy stage. More Canadians are diagnosed with lung cancer than any other cancer type, with mortality from lung cancer higher than breast, colorectal and prostate cancer combined. In 2010 alone, 1 in 12 Canadians are expected to develop lung cancer. Smoking causes most lung cancers. That said, approximately 50% of patients diagnosed have never smoked (15%) or are former smokers (35%). Most lung cancers are diagnosed in late stages, due in part to lack of effective screening procedures, this is a primary factor that leads us to believe Onko-Sure® will become an important and high demand test for cancer screening. Lung cancer patients and their family members are often stigmatized by a widespread prejudice about smoking, and many feel isolated and hesitant to tell others about their diagnosis. Lung cancer receives little public or media attention. This is due, in part, to a small community of survivors to bring a voice and attention to lung cancer issues. We are seeking Canadian government support for a lung cancer screening program to high risk segments of the population.

Global Cancer Statistics & Onko-Sure®
The latest World Health Organization (“WHO”) statistics indicate there are approximately 7.4 million cancer deaths worldwide annually. RPC’s goal is to test approximately 70 million “high risk factor” patients per year with the goal of identifying cancer in approximately 10% of this high risk factor population. According to the WHO, the annual global cost for cancer is approximately US$1 Trillion. By implementing GCSI, and catching early stage cancer, the savings with a low cost test such as Onko-Sure™ could be at least 30% or approximately US$330 billion per year, to government health agencies.

For additional information on RPC and its portfolio of cancer products visit the Company’s corporate website at www.Radient-Pharma.com. For Investor Relations information contact Kristine Szarkowitz at [email protected] or 1.206.310.5323.

About Radient Pharmaceuticals:
Headquartered in Tustin, California, Radient Pharmaceuticals Corporation is an integrated pharmaceutical company devoted to the research, development, manufacturing, and marketing of in-vitro diagnostic products.

Forward Looking Statements:
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this document include certain predictions and projections that may be considered forward-looking statements under securities law. These statements involve a number of important risks and uncertainties that could cause actual results to differ materially including, but not limited to, the performance of joint venture partners, as well as other economic, competitive and technological factors involving the Company’s operations, markets, services, products, and prices. With respect to Radient Pharmaceuticals Corporation, except for the historical information contained herein, the matters discussed in this document are forward-looking statements involving risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements.

References:

• Lung Cancer Canada, lungcancercanada.ca.
• World Health Organization (WHO) Cancer Fact Sheet No. 297, February 2009
• “Cancer costs the world nearly $1 trillion”, By Aaron Smith, CNNMoney.com staff writer, August 17, 2010.

Click here to see all recent news from this company