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.

just got in after going to brum. thought this might happen, not really bad news as 5 mil is nothing, revenues were never going to flood in over night even with deals signed, They have many things in the pipe line which need funding til such time. Always said 10p on news from EC. 15p on first deal and so on. So not bothered about this, I`ll have some more. Long term play. gl

In the meantime...don't be surprised to see 5p again...

Plus just like to say, Could be something very fishy going on here as well, As its not definate the funding and 33million shares have been sold so far. With 3o million buys. Somebody mopping up alot of lovely cheap shares!!!!!

try close on 70m traded - info from L2 (IG) platform

slowly gurgling down the plug hole... who pulled the plug?

Whats a few mil between friends. just went from moneyam

too many tomatos may be bad for your health!

Who thinks these will go back up??????

ask the mm's they have done quite nicely.

extraordinary isn't it ...... i would hazard a guess at a lot of forced sales and margin calls as this stock is exceptionally margin-greedy - e.g. 75% at IG

it's surely becoming tempting to try to catch the falling knife and to trade same nimbly

cynic how fast can you run?

nowadays not so hot!
interestingly, quote is/was 7.60/8.00 but could buy at 7.70

Not could.... should..... will you..... are you????

Only 1 mil between buy's & sell's

I tried to double up again but b--dy selftrade playing up again so it wasn't to be!! chwi doing well today--you'll hate that one cynic! what's the betting I can't sell it when I want to. Selftrade really needs to invest in better web dealing!!

did!

Oh well thats that then till tomorrow, reckon it'll drop a bit more, hopefully not too much. 1p under my average is'nt enough to buy more at mo.

you devil !!!

How come you've bought more when you didn't like fruit juice in the first place..............telling porkies again, you liked this company from the start.....own up.

I do wonder what they need the money for--could there be plans afoot all to the good of the shareholders? they don't appear sure that they actually need the money but just laying foundations.