[Adults] Nuvilex, Inc. to Control 2 of the 3 Huge Dr_ug Markets with Cell Encapsulation Technology
Biotech Updates
members at srvr.mulatearequerrymu.net
Wed Aug 14 12:35:58 CEST 2013
Nuvilex, Inc. (NVLX)
Nuvilex, Inc. to Control 2 of the 3 Huge Dr_ug Markets with Cell
Encapsulation Technology
After making a block-buster deal to secure Bio Blue Bird and its world-wide
licenses associated with the live-cell encapsulation platform technology to
advance treatments for all can_cer types, Nuvilex, Inc. (OTCQB: NVLX)
broadcast this week that it now expects to do the same thing with
dia-betes.
When Nuvilex pulls off this purc-hase, it will be in control of 2 of the
big 3 multi-bil_lion dol_lar med markets - can_cer and diabe-tes - with
regard to the use of this unique and exclusive live-cell encapsulation
technology.
The company's intent is to capture the full worldwide rights for the
util-ization of the live-cell encapsulation technology for the growth of
therapies for Dia.be.tes from SG Austria P.t.e. Ltd. Accor-ding to the
American Dia-betes Association, in the U.S. al0ne, $176 bil-lion is spent
annually on medical expe-nditures linked to dia-betes with in excess of $22
bil-lion of that being spent on therapies for the dis-ease. Nuvilex said
it envisages to close this deal at the close of October.
5847 San Felipe, 17th FL, Houston, Texas 77057 U.S.A.
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