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.

Required field.....you really need to do some research - easiest way is to go to iii board and lse.co.uk board for PXS and read through foodeagle, spirtfinder, haventgotaclue and childsplay posts for some seriously informed views - (some of mine too!).

Provexis is the only company of any type to have EFSA approval for a food health claim for their product fruitflow. in addition Final EC approved wording for packaging expected any day.

agreeemnts with coca cola and unilever active for last two years. commercial agreemnts expected to follow ec wording rns. functional food market valued in billions. PXS has potential for license royalties in this market.

expected rns re recent trial of fruitflow compared to aspirin - market for daily use of aspiring with some serious side effects is hugely huge - fruitflow could make significant inroads in this market without side effects -

ongoing human trials for plantain extract treatment for crohns disease - inflammatory disease - following succesful early stage trials - this is also a very big market with little in the way of competition.

Other reseaarch is leading to valuations of betwenn 20p and 30p for this share and increasing longer term.

agreed there is some herding and hype but beneath all that this is a share with real substance.

True..he's shorting VIY and GKP...(the latter for a quick buck possibly..I would have closed it already if I were him)...I'm still hesitating about this one..will have to sleep on it. By the way love your posts..most informative, thanks.

moneyplus were aligned

EK not shorting this yet.

Thanks GN--you are much more detailed in your posts than me--I have short term memory lapses. lol.

can anyone add a zero to the 8p on the thread list.

"A human trial comparing the Fruitflow technology with aspirin, a recognised anti-thrombotic product, is underway in Aberdeen. Aspirin has known deficiencies, such as resistance to its effect in a significant proportion of users and side effects including gastric bleeding. We believe that favourable results in the trial will provide potential commercial opportunities, given an estimated 50 million people in the USA use low-dose aspirin daily. Results of the trial will be announced later in the year."

A great word "transformational"

Can I join the club RF, sat the last few days wishing I'd taken more notice of what was going on, dithered at 5p now probably going to have a go tomorrow and down will come the curtain...... but if it's as good as they say, won't be down for long...... I hope.

Though.............. i'm dithering again, it's got to fall back soon............. hasn't it?

Seems to me looking at the trades board, the mm's are manipulating this share, 6 mil sells after hours but they're all early morning sells not logged till now. Might have made a difference to the sp had they been shown this morning. or am I talking a load of rubbish again??

Why is it always the MMs manipulating a share?

The MMs report shares in accordance with stock market regulations dependant on the NMS. Nothing untoward, the rules are there to prevent the MMs getting shafted by large orders, whether they be buys or sells.

Anyone investing in the stock market should buy a book and understand exactly what the MMs can and cannot do.

ok, I accept that, please explain in words I understand why so many late enteries??

from what i can determine, 12.75 is something of a phony/freak price ...... 11.5 or thereabouts is probably more realistic

Hello cynic, dosen't it just piss you off when someone gives you a bollocking, then dosen't explain what youv'e asked!! you in france??

BB, it wasn't a bollocking, merely a suggestion that a bit more knowledge doesn't go amiss.

I'm not exactly sure which bit you don't understand?

6 mill,sells late enteries all sells shown after hours, when they happened first thing this morning. thought that was clear the first time i asked.

Clearly not
Why do you assume they are sells?

ok you win. nite nite

They certainly were not all sells! It is not clear how many were buys however, nor can it be with the system used.