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.

It's just moving on sentiment.....my view is if you can make some money on this do so earlier rather than later....it will be years before something commercial comes out of this company...with pharmas it's a slow process...

Glad I didn't jump ship like some........

BB: not so much 'jumping ship' as capitalising on a spectacular rise and then picking up some more way down... risky, but it's great when it works.

I'm back in, with a small profit so far. Unable to go to the AGM today though - is anyone planning to be there? Any volunteers for some notes??

NB: the fact that I'm not going should do wonders for the sp!

Toya is well known in some circles as the Angel of Death, one of her more spectacular successes coming after BRR AGM a couple of years back!

Thanks for reminding me Cynic - did you not also buy shares in BRR at that time??

an angel instructed me to do so!

Lol - you listening to angels! I thought you made your own decisions...

Here we go again. Good news is coming!

I think we get ec news tmrw

back in the money!!!! :))RF smarting

confess i thought i was going to be bitten quite sharply for my greed, and it would have served me aright .... as it happens, it looks as though i shall get double-bubble ..... so the sun occasionally shines on the unrighteous too!

Nice rebound....I would never have put in anything more than a couple of grand here anyway...far too dodgy....but for those holding : great !, but don't be surprised if it goes back to 5p again...

Once the ec news comes through along with deals, 5p will be a distant memory.

Drinks on cynic then as he's in the money as well...lol

Balerboy hope youve got a Hammer and Chisel. Thats the only way you will get his wallet open i expect.

i don't buy drinks for goyim!

You calling me a cow cynic........

Sp is slipping. AGM is at 2pm this afternoon - keep an eye on this guys!

judging by the lack of sp movement and it being a good hour into AGM, it is reasonable to suppose that nothing of great moment has come to light

Cynic any real news re ec and deals will be tomrw or early next week imo.