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.

I wouldn't think there is volume in the market to push it up as before. People far too wary, those rapid rises of a few months ago have all but disappeared.

I am out at a small profitup and down at double figure %s.starting to get sea-sickgood luck to all

For those who have yet to do their Christmas shopping there may well be some offloading of shares bought at the offering price, which would be an opportunity to grab a few more if the sp falls. That is a big if though, I can't even begin to second guess which way this will go due to the potential behind this company now. Anyone got a coin to toss?

not a coin no ..

;-)

Kimoldfield, Big flashing neon sign now above the pxs offices saying 'OPEN FOR BUSINESS'

It's not flashing on my screen Blanche! Looks like dealerdear is though! :o)

lol

Not a pretty sight I can assure you!

did you not shave this morning?

Not in the bits I'm talking about!!

chacun a son gout, as might be said

15 mil buys v 9 mil sells. Most of the six figure trades in share numbers are buys and were down. Total crap!!!

but the sp never lies ..... would have liked to have seen it hold above 10p but am certainly not surprised by its failure ..... per yesterday, should have followed my own advice and sold on the news

was expecting 12p spike yesterday never happened - roll on contract news with coca cola etc

sp tumbling away - now about 7.25 mid ...... it'll become worth buying again soon

would have been nice to have sold some for a profit first but didn't quite get there...lol

cynic looks like the old adage "sell on the news" has been proved the best tactic yet again.

it was indeed, even though i didn't do so myself .... however, having sold half, my holding is now modest in monetary terms and PXS should do well in due course

Sold enough yesterday to take up my new shares, and an additional amount I applied for, free of outlay. Had considered selling out completely and buying back lower but had this vision of an RNS appearing out of the blue saying "we have signed a multi million deal with Coca Cola" and sp going to 20p before I saw it! Well, it could still happen?!