Combatting Obesity With Appetite-Suppressing Chewing Gum
05 August 2009 - 9:44PM
Marketwired
Ventana Biotech Inc ("Ventana") (PINK SHEETS: VNTA), a
biotechnology company that is developing a appetite-suppressing
chewing gum, today released information about its groundbreaking
appetite-regulating biotechnology.
With Ventana's proprietary Anti-Obesity Chewing Gum, users can
safely control their appetites without experiencing any of the
common side effects common with appetite suppressing drugs. The Gum
works by stimulating the body's own natural hormones that regulate
appetite. Early indications show the Gum is able to reduce appetite
by between 15 and 25 percent. Ventana continues to perfect this
promising biotechnology that uses chemicals already produced by the
patient's own body, therefore having no side-effects
whatsoever.
The outlook for anti-obesity treatments such as that of
Ventana's is promising, as the anti-obesity market continues to
grow, while concurrently, the availability of successful patents is
lacking. Morgan Stanley estimates the market for drugs combating
Type 2 Diabetes (strongly correlated to obesity) to be in excess of
$35 billion by 2012.
When successful trials for Ventana's Anti-Obesity Chewing Gum
have been concluded, the patent will be out-licensed to Big Pharma
companies such as GlaxoSmithKline, Novo Nordisk, AstraZeneca who
then pay milestone and licensing fees to Ventana Biotech for use of
the patents.
The royalty cash-flow from a successful anti-obesity drug is
estimated at $1.5 - 1.7 billion.
About Ventana Biotech Inc
Ventana is positioning itself as the leading bioscience company
in the development and commercial licensure of novel therapeutic
anti-obesity drug treatment. The company leverages cutting-edge
research collaborations to achieve breakthroughs in innovative
anti-obesity treatments, and then licenses these patented drug
product candidates to Big Pharmaceutical and Biotechnology
companies.
FORWARD-LOOKING STATEMENTS:
Statements about Ventana's future expectations and all other
statements in this press release other than historical facts are
"forward-looking statements" within the meaning of section 27A of
the Securities Act of 1933, Section 21E of the Securities Exchange
Act of 1934, and as the term is defined in the Private Litigation
Reform Act of 1995. Ventana's actual results could differ
materially from expected results. Ventana does not undertake any
obligation to update forward-looking statements to reflect
subsequently occurring events or circumstances. Should events occur
which materially affect any comments made within this objective;
Ventana will appropriately inform the public.
For more information about Ventana Biotech Inc please contact
investor@ventanabiotech.com.
Contacts: Ventana Biotech Inc Janne Christensen, CEO BCB 1
Bachstrasse Butschwil CH-9606 Switzerland Mobile: +44 7930 732
426
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