peeyam
- 08 May 2007 11:30
LONDON (AFX) - Provexis PLC said it has entered into a long-term collaboration agreement with Unilever PLC to jointly develop a new concentrated format of its patented Fruitflow heart-health technology for application in Unilever's food product portfolio.
Financial details of the deal were not disclosed.
The partners plan to enter into a global licence arrangement for the technology.
Fruitflow is a patented natural extract from tomato which Provexis said has been shown in human trials to reduce the propensity for aberrant blood clotting that is typically associated with cardiovascular disease and which can lead to heart attack or stroke.
In 2005 the market for heart benefit foods was worth 4 bln usd globally, Provexis added.
Considering the growth potential this share has a target of about 8-10p in the medium tern and is a good buy at current levels
As usual, pls do ur own research.
blanche
- 07 Aug 2009 14:07
- 117 of 1204
Well guys no worries here for the future. ps Spread the word!
blanche
- 07 Aug 2009 16:40
- 118 of 1204
brill week cant wait til monday!
blanche
- 10 Aug 2009 08:34
- 119 of 1204
Blue again! PING
blanche
- 10 Aug 2009 09:57
- 120 of 1204
RNS Number : 1486X
Provexis PLC
10 August 2009
10 August 2009
PROVEXIS PLC
('Provexis' or the 'Company')
Recent share price increase
Provexis plc notes the recent movement in its share price. The Board notes that, further to the Company's announcement of 28 May 2009, the final authorisation procedure by the European Commission in relation to Fruitflow, the Company's anti-thrombotic technology, is still under discussion. An update will be provided in due course.
ENQUIRIES
Provexis plc Tel.01753 752 290
Stephen Moon, CEO
Ian Ford, FD
Arbuthnot Tel.020 7012 2000
Tom Griffiths
Richard Johnson
moneyplus
- 10 Aug 2009 16:50
- 121 of 1204
What a day--brilliant we're on our way!!
blanche
- 10 Aug 2009 16:52
- 122 of 1204
moneyplus it dont get much better 3p plus tmrw!!!
panic
- 10 Aug 2009 16:56
- 123 of 1204
managed to free up some money in to but not enough
blanche
- 11 Aug 2009 07:40
- 124 of 1204
RNS Number : 1886X
Provexis PLC
11 August 2009
11 August 2009
Provexis plc
('Provexis' or the 'Company')
COMMENCEMENT OF CLINICAL TRIAL FOR CROHN'S DISEASE
Provexis plc (PXS.L), the life-science business that discovers, develops and licenses scientifically-proven functional food, medical food and dietary supplement technologies, announces the commencement of a clinical trial for its NSP#3G plantain medical food for Crohns disease patients.
Our results announcement of 9 June 2009 updated the Clinical Trials Authorisation received from the Medicines & Healthcare products Regulatory Agency. We have since successfully completed the necessary pre-trial processes and can now announce a two-centre trial on Crohns disease patients in remission will commence on 18 August 2009. The trial will last for approximately 18 months, with 72 patients taking part.
Crohns disease is an inflammatory disease of the gastrointestinal tract causing a wide variety of symptoms. It affects between 400,000 and 600,000 in North America and estimates of incidence in Northern Europe range from 27 to 48 per 100,000 people. There is no known pharmaceutical or surgical cure for Crohns disease and treatment is restricted to controlling symptoms, maintaining remission and preventing relapse. The Company believes that its medical food technology will successfully maintain remission. The market for Crohns disease treatments is estimated at $1.7bn annually.
With the trial now starting and combined with recently obtained healthy human data, the Company will now commence seeking to identify potential global license or co-development partners to address this substantial market opportunity
Stephen Moon, Chief Executive Officer of Provexis plc, commented:
'Following our recent industry-first European Article 13(5) health claim approval for our Fruitflow anti-thrombotic technology, this further underpins Provexis' capability in developing high quality and scientifically-proven intellectual property. Our new technology addresses an important patient need for a debilitating disease where no effective medical food products for maintaining remission are available currently. Laboratory and human trial work to date has been very promising and we look forward to successful clinical data from this important trial.'
-ends-
For further information please contact:
Stephen Moon, Chief Executive
Provexis plc Tel: 01753 752290
Tom Griffiths/Alasdair Younie Tel: 020 7012 2000
Arbuthnot Securities
Global Nomad
- 11 Aug 2009 08:26
- 125 of 1204
was definately worth the wait - almost 5 years - and I'm willing to wait even more - this has a long way to go - we havn't even had final confirmation of EC nor the subsequent commercial agreements that are waiting in the wings though these feel like they are beginning to be priced in. well done everyone who kept the faith and posting updates - your reward is here.
blanche
- 11 Aug 2009 08:31
- 126 of 1204
Global, with everthing in the pipeline 10p will be a distant memory soon!!!
skyhigh
- 11 Aug 2009 08:55
- 127 of 1204
It's looking good...think I've been in for as long as 4/5 yrs also and have topped up recently at around 1p mark.... so it's nice to see this coming good... and hopefully a lot more to come !
Global Nomad
- 11 Aug 2009 09:14
- 128 of 1204
good on everyone who held on for this. 1 out of 15 shares coming good makes it all worth while!
moneyplus
- 11 Aug 2009 11:51
- 129 of 1204
GN--quite agree I have had about 9 shares go suspended or bust--bb. wlw and various oilies like tom ive and eel! I have every hope this little gem will claw back my losses and more. Great news today and lots more to come.
blanche
- 11 Aug 2009 15:59
- 130 of 1204
Currently 14 mil more buys than sells this should be up more. Plus anybody else having problems getting on ad%fn
moneyplus
- 11 Aug 2009 16:09
- 131 of 1204
Yes---overwhelmed perhaps lol! sp holding steady despite all the buys.
blanche
- 11 Aug 2009 16:38
- 132 of 1204
14% up take that everyday
blanche
- 11 Aug 2009 16:43
- 133 of 1204
3 mil late reported trades angle offloading more held us back poss.
Global Nomad
- 11 Aug 2009 16:47
- 134 of 1204
blanche - even 5% would be good...perceptions are becoming distorted....
Global Nomad
- 12 Aug 2009 14:42
- 135 of 1204
Some people are talking about takeovers......not sure this makes any sense since the agreements with commercial partners as outlined in news and interims etc are all related to particular fields/markets and only for fruitflow. So coca cola has rights to beverage market excluding mini drinks, the guys selling sirco ( the name slips me) have rights to juices, unilever have/had rights to spreads. So there is no incentive for coke to takeover provexis. it has/will confirm a deal to license the product in a certain niche. DSM Venturing is the division that invests in new tech companies - i do not think they will launch a takeover. Angle have been supporting as start up investors and i presume felt their role was finished since pxs moved to a new phase. unilever seem to have dropped the ball by changing their market strategy.
I believe pxs will grow as an independent Rand D company ( they can recruit whichever staff they need) and continue to license out their intellectual property into niche markets. Coke Danone etc are not interested nor do they want to be involved in pure pharma and are here for the beneficial food market.
kimoldfield
- 13 Aug 2009 14:42
- 136 of 1204
UK start-up Provexis is confident the European Commission, in consultation with member states, will issue consumer-friendly wording for its tomato extract blood circulation health claim.
Provexis is the only company to earn a positive article 13.5 opinion so far. Twelve others have failed to impress EFSA scientists for varying reasons including poor trial design and inappropriate claim wording.
http://www.nutraingredients.com/On-your-radar/Health-claims/EU-tomato-extract-health-claim-wording-gets-user-friendly-treatment