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Thursday, July 16, 2015
Provectus Biopharmaceuticals, Sinopharm-China State Institute of Pharmaceutical Industry and Sinopharm A-Think Pharmaceutical Co., Ltd Continue Search for Agreement on PV-10 Use in China
KNOXVILLE, Tenn.--(BUSINESS WIRE)--Provectus Biopharmaceuticals, Inc. Buy Janumet (Sitagliptin Metformin) with free Rx (NYSE MKT: PVCT, .pvct.com),
a clinical-stage oncology and dermatology biopharmaceutical company
(“Provectus” or the “Company”), announced that it continues to work with
Sinopharm-China State Institute of Pharmaceutical Industry and Sinopharm
A-Think Pharmaceutical Co., Ltd to reach an agreement on PV-10 use in
China.
Discussions continue with the frame of reference established in the
original Memorandum of Understanding, or MOU, signed last year and
extended since the passing of the original deadline. About Nexium (Esomeprazole) without Rx The original MOU
was signed in August 2014, and, since then, the parties have sought to
enter into a definitive licensing agreement, subject to additional
negotiation, due diligence, and any required regulatory and corporate
approvals.
Since the signing of the MOU, management of Provectus and senior
personnel at Sinopharm-CSIPI and Sinopharm A-THINK have held numerous
conference calls, have met face-to-face in both China and the US, and
Chinese scientists on staff at Sinopharm have discussed in person PV-10
and its clinical results with the lead investigators at St. Buy Zenegra (Sildenafil Citrate) without prescription Luke s
University Hospital and Health Network and Moffitt Cancer Center.
Dr. Buy Dexona with no prescription Zhidan Jia , Chief Executive Officer of Sinopharm A-THINK, stated,
"We continue to work closely with Provectus to arrive at an agreement
which defines the terms of our collaboration in bringing PV-10 to the
Chinese Market. Buy Vibramycin (Doxycycline) with no prescription We hope to come to terms in the near future.”
About Provectus Biopharmaceuticals, Inc.
Provectus Biopharmaceuticals, Inc., specializes in developing oncology
and dermatology therapies. Buy Styling Gel - Mousse online PV-10, its novel investigational drug for
cancer, is designed for injection into solid tumors (intralesional
administration), thereby reducing potential for systemic side effects. http://allergy-opinion.blogspot.com
Its oncology focus is on melanoma, breast cancer and cancers of the
liver. The Company has received orphan drug designations from the FDA
for its melanoma and hepatocellular carcinoma indications. PH-10, its
topical investigational drug for dermatology, is undergoing clinical
testing for psoriasis and atopic dermatitis. Provectus has completed
phase 2 trials of PV-10 as a therapy for metastatic melanoma, and of
PH-10 as a topical treatment for atopic dermatitis and psoriasis.
Information about these and the Company’s other clinical trials,
including its current phase 3 study in melanoma, can be found at the NIH
registry, .clinicaltrials.gov.
For additional information about Provectus, please visit the Company’s
website at .pvct.com
or contact Porter, LeVay & Rose, Inc.
FORWARD-LOOKING STATEMENTS: This release contains "forward-looking
statements" as defined under U.S. federal securities laws. These
statements reflect management s current knowledge, assumptions, beliefs,
estimates, and expectations and express management s current views of
future performance, results, and trends and may be identified by their
use of terms such as "anticipate," "believe," "could," "estimate,"
"expect," "intend," "may," "plan," "predict," "project," "will," and
other similar terms. Forward-looking statements are subject to a number
of risks and uncertainties that could cause our actual results to
materially differ from those described in the forward-looking
statements. Readers should not place undue reliance on forward-looking
statements. Such statements are made as of the date hereof, and we
undertake no obligation to update such statements after this date.
Risks and uncertainties that could cause our actual results to
materially differ from those described in forward-looking statements
include those discussed in our filings with the Securities and Exchange
Commission (including those described in Item 1A of our Annual Report on
Form 10-K for the year ended December 31, 2014) and the following:
our determination, based on guidance from the FDA, whether to proceed
with or without a partner with the fully enrolled phase 3 trial of
PV-10 to treat locally advanced cutaneous melanoma and the costs
associated with such a trial if it is necessary to complete (versus
interim data alone);
our determination whether to license PV-10, our melanoma drug product
candidate, and other solid tumors such as cancers of the liver, if
such licensure is appropriate considering the timing and structure of
such a license, or to commercialize PV-10 on our own to treat melanoma
and other solid tumors such as cancers of the liver;
our ability to license our dermatology drug product candidate, PH-10,
on the basis of our phase 2 atopic dermatitis and psoriasis results,
which are in the process of being further developed in conjunction
with mechanism of action studies; and
our ability to raise additional capital if we determine to
commercialize PV-10 and/or PH-10 on our own, although our expectation
is to be acquired by a prospective pharmaceutical or biotech concern
prior to commercialization.
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