Neptune Technologies & Bioressources Inc. Subsidiary Acasti Pharma Inc. Shares to Trade on the TSX-Venture on March 31st
31 March 2011 - 7:18AM
Neptune Technologies & Bioressources Inc. ("Neptune")
(Nasdaq:NEPT) (TSX.V:NTB) and Acasti Pharma Inc. ("Acasti")
(TSX.V:APO) announce that on March 31st, 2011 Acasti shares will
start trading under APO ticker on the TSX-Venture Exchange.
Acasti President, Tina Sampalis, and management team will host a
conference call on March 31st, 2011 at 9:00AM Eastern Daylight Time
("EDT"), to discuss recent changes to the company's Board of
Directors and management, as well as to provide an update on Acasti
operations.
Teleconference details
are as follows: |
Time: |
9:00AM (EDT) |
Date: |
March 31st, 2011 |
|
|
Participant Dial-In Number(s): |
|
|
|
Operator Assisted Toll-Free Dial-In Number:
|
( 888 ) 241 - 0394 |
International Dial-In #: |
( 647 ) 427 - 3413 |
|
|
Conference ID # |
56354897 |
Should a participant want to submit a question to management
during Questions and Answers ("Q&A") session, please request
voice access by sending an email to x.harland@acastipharma.com
prior to the conference call. Please refer to Acasti Q&A
session access.
The recording of the teleconference will be available after the
teleconference on Neptune and Acasti websites.
About Neptune Technologies & Bioressources
Inc.
Neptune is an industry-recognized leader in the innovation,
production and formulation of science-based and clinically proven
novel phospholipid products for the nutraceutical and
pharmaceutical markets. The Company focuses on growing consumer
health markets including cardiovascular, inflammatory and
neurological diseases driven by consumers taking a more proactive
approach to managing health and preventing disease. The Company
sponsors clinical trials aimed to demonstrate its product health
benefits and to obtain regulatory approval for label health claims.
Neptune is continuously expanding its intellectual property
portfolio as well as clinical studies and regulatory approvals.
Neptune's products are marketed and distributed in over 20
countries worldwide.
About Acasti Pharma Inc.
Acasti Pharma is developing a product portfolio of proprietary
novel long-chain omega-3 phospholipids. Phospholipids are the
major component of cell membranes and are essential for all vital
cell processes. They are one of the principal constituents of High
Density Lipoprotein (good cholesterol) and, as such, play an
important role in modulating cholesterol efflux. Acasti Pharma's
proprietary novel phospholipids carry and functionalize the
polyunsaturated omega-3 fatty acids EPA and DHA, which have been
shown to have substantial health benefits and which are stabilized
by potent antioxidants. Acasti Pharma is focusing initially on
treatments for chronic cardiovascular conditions within the
over-the-counter, medical food and prescription drug markets.
About NeuroBioPharm Inc.
NeuroBioPharm is pursuing pharmaceutical neurological
applications, and a clinical study for a medical food product with
a multinational partner is already initiated. The development of a
prescription drug candidate is currently in progress. Advanced
clinical development and commercialization is planned to be carried
out with multinational partners.
"Neither Nasdaq nor the TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release."
Statements in this press release that are not statements of
historical or current fact constitute "forward-looking statements"
within the meaning of the U.S. Private Securities Litigation
Reform Act of 1995 and Canadian securities laws. Such
forward-looking statements involve known and unknown risks,
uncertainties, and other unknown factors that could cause the
actual results of the Company to be materially different from
historical results or from any future results expressed or implied
by such forward-looking statements. In addition to statements which
explicitly describe such risks and uncertainties, readers are
urged to consider statements labeled with the terms "believes,"
"belief," "expects," "intends," "anticipates," "will," or
"plans" to be uncertain and forward-looking. The forward-looking
statements contained herein are also subject generally to other
risks and uncertainties that are described from time to time in the
Company's reports filed with the Securities and Exchange Commission
and the Canadian securities commissions.
CONTACT: Neptune Contact:
Neptune Technologies & Bioressources Inc.
Andre Godin, V.P. Administration and Finance
+1.450.687.2262
a.godin@neptunebiotech.com
www.neptunebiotech.com
Acasti Contact:
Acasti Pharma Inc.
Tina Sampalis, President
+1.450.686.4555
t.sampalis@acastipharma.com
www.acastipharma.com
CEOcast Contact:
Dan Schustack
+1 212-732-4300
dschustack@ceocast.com
www.ceocast.com
Howard Group Contact:
Bob Beaty
(888) 221-0915
bob@howardgroupinc.com
www.howardgroupinc.com
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