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.

chakli-thanks. Well I certainly couldn't jump on the bandwagon with selftrade tonight--though working perfectly at 16.33pm! I might be talking crap but we'll see! I take it you're not in PTH.

SEO will make you rich one day Bb. I hope you haven't sold. :o)

It is incredible to see the change in the tone of voices here since this morning : they say a week is a long time in politics but a day is even longer on the stockmarket !.....the sp will probably drop further tomorrow morning....this is only good for trading in and out at the moment, perhaps in the months ahead PXS will come out with some contracts with glaxo and sorts because for an aspirin replacement they will need a big company to help them along the line...at the moment all this is in the air...EC and all the rest means nothing at the moment....market cap of 75 million,,,this is crazy when nothing is certain : let's see some evidence of somebody taking a tomato based aspirin (at the same cost base) or less and it being effective, and even then it has to go to production...years away..plus american authorisation........no at the moment "in and out" is the only way to go.

"in and out" is the only way to go.

That's what I keep telling my wife. ;o)

On a more serious note, the potential that PXS had before today's RNS was what a lot of people were buying on. That is still there.

It's not worth 75 million pounds...does this company own any property ?...what about staff...pensions....this is nuts.

its worth whatever the sp says its worth. I originally thought the placing would be between 6-8p but as the sp has fallen more, it suggests it may be as low as 4p.

MP - No offence intended :-) Nope, out of the UK and not trading but have been watching with interest.

Kim - SEO also had (has?) potential, which was also what people were buying on, many forgot to take profits and ended up with losses (me included). Long list of other AIM outfits can also be added to that list, AZM had blockbusting drugs at Phase 3 and still went bust.

Anyway, good luck to all, even that idiot Tabasco.

Hope i can last long enough to see it Kim, lol

Always been along term share. when the share was at a penny i only ever expected it to gradually climb over the coming months until the ec confirmation. people got carried away here. 5-6p would have been a hopeful target at this stage then as i keep saying 10p on ec news 15p on deals. If you can afford to hang on to your shares you will make some serious money here. aimvho. gl

good morning. have to remind myself how much I agreed with those sentiments blanche (and still do)

Gn good morning. You know it makes sense.

buys out numbering sells mms trying to get the price down

have now done today what i should have done yesterday (and had even set up to do!) and sold all bar my original holding .... only difference is that i have taken a loss instead of a bloody great profit .... what a stupid bastard!

cynic you should of held on.

oh dear oh dear .... isn't forsesight wonderful!!!
sp has now jumped to 10.0 bid so could have sold at a profit, but never mind, for have done exceptionally well over the last weeks, and every so often foolish mistakes occur

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i still hold 50k on which i can still make a decent profit or even build on if i so choose ..... certainly will no longer be scary when they move a copper or two

You mistify me sometimes cynic.......

Beats logic this share doesn't it! :o)

why? ..... because i am greedy like the rest of you, or that i somethimes fail to take my own advice or that i am prepared to bite the bullet when necessary?

Bloody good product behind it!!