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.

cynic angle appear to have sold out at 3.3p their CEO must be feeling really clever having missed the boat after so long.

I know that Angle were a bit strapped for cash, but I'll bet there will be a bit of kicking going on in the office! :o)

i bet the management at PXS are pissing themselves laughing too

Tail wagging the dog or tail wagging a dog................?!

angle started with nearer 65m shares...... would have made deal when the decided to dispose and price seems to have started rising soon after - poor timing but they made a big profit on their initial investment which must have looked really good at the time of deal following 12-18 months languishing at circa 1p. If any of us had been offered 2 or 3p a share during that time we may also have jumped..

Wow another good start today! Are we going to see 10p today?

tell me children, clearly the sky is NOT the limit, so is there a realistic short-term target in mind?

Well it was 10p for me. But ive got no idea where this will get before news. Some people are talking 1 in a year!

See 5-year chart below. Looks like it could be around 12.5p short-term, but thereafter anything is possible.

I paid just under 8p for my first lot in 2006, first time it's been in profit! If the potential of this share is fulfilled I won't be selling, though I have traded it a few times over the last week.

thanks T .... leaving imminently

Well, I've missed out big time here !, I'm not even sure what this company does ? 1p to 9p : incredible !.

an interesting bio company with at least one quite good product and a couple of interesting things in the pipeline

I'll read through some RNS's but it might be too late for me...what a riser..makes GKP look mundane.

Somebody just paid 10p for 99000

Not me.

well I've been away for 3 days and I'm delighted to see what pci gkp and pxs have done for my portfolio!! If pxs get all the prospective deals we should easily reach a pound--in time. Anyone who has to suffer the consequences of daily aspirin/warfarin for blood thinning will be grateful, airlines may launch approved drinks to prevent dvt---the sky could be the limit! It only needs Cocacola to come onboard and we may have another asos here. I sold that at 10p and thought I did well.

here we go folks its trying for the 10p

What a share!!!!! Go on my baby!!!

Not a good time to have my spare cash tied up elsewhere! :o(