Printer Friendly
The Free Library
19,573,952 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Acola CEO Gives Online Interview to CEOCast.com.


Business Editors/Health & Medical Writers

HOUSTON--(BUSINESS WIRE)--Nov. 1, 2001

Acola Corp., a Delaware corporation (formerly MegaChain.com, Ltd., OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:MGCC MGCC MG Car Club (UK)
MGCC Mid Glamorgan County Council (former administrative region of south Wales, UK) 
, now OTCBB:ACAC ACAC Acetylacetone
ACAC Association of College Admissions Counselors
ACAC Arkansas Community Arts Cooperative
ACAC Alberta Colleges Athletics Conference (Canada)
ACAC Air-Cooled Air Cooler (aviation) 
) ("Acola"), announced today that Mr. Robert B. Dillon, president, chief executive officer and director of Acola Corp., gave Mike Wachs, of CEOCast.com, an interview on Oct. 30, 2001 highlighting a discussion of the drug, Anvirzel(TM). He also outlined the formation of Acola Corp., its role as the exclusive distributor of Anvirzel(TM) in Mexico, and Acola Corp.'s direction for the future. An audio of that interview is available on CEOCast.com and will soon be available on Acola Corp.'s Web site at AcolaCorp.com.

Anvirzel(TM) is intended for the treatment of serious illnesses, such as cancer, HIV/AIDS HIV/AIDS Human Immunodeficiency Virus/Acquired Immune Deficiency Syndrome , Hepatitis C and the other viral and autoimmune/inflammatory diseases for which Anvirzel(TM) has shown promise. According to Acola's President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Robert B. Dillon, "Acola is eagerly looking forward to developing and distributing Anvirzel(TM) in Mexico for all the people who stand to benefit from this drug."

Anvirzel(TM) is an internationally patented (U.S. Patent No. 5,135,745) non-toxic aqueous extract of Nerium Oleander manufactured by Ozelle Pharmaceuticals Inc. in conformity with U.S. FDA FDA
abbr.
Food and Drug Administration


FDA,
n.pr See Food and Drug Administration.

FDA,
n.pr the abbreviation for the Food and Drug Administration.
 Good Manufacturing Practice Good Manufacturing Practice or GMP (also referred to as 'cGMP' or 'current Good Manufacturing Practice') is a term that is recognized worldwide for the control and management of manufacturing and quality control testing of foods and pharmaceutical products.  (GMP GMP (guanosine monophosphate): see guanine. ) regulations. Anvirzel(TM) has been granted what is believed to be the only compassionate use IND (No. 56826) ever granted by the U.S. FDA, pursuant to which 15 late Stage IV terminal U.S. cancer patients were treated with Anvirzel(TM) demonstrating significant efficacy. Anvirzel(TM) has already been successfully used to treat several hundred cancer and AIDS patients in Ireland, Honduras, Canada and the United States The United States and Canada share a unique legal relationship. U.S. law looks northward with a mixture of optimism and cooperation, viewing Canada as an integral part of U.S. economic and environmental policy. . Anvirzel(TM) has shown, in both foreign patient use and U.S. FDA authorized United States "Compassionate Use" patients, anecdotal evidence of its ability to cause remission of certain cancers, control these diseases and/or minimize their debilitating de·bil·i·tat·ing
adj.
Causing a loss of strength or energy.


Debilitating
Weakening, or reducing the strength of.

Mentioned in: Stress Reduction
 effects. It is demonstrating itself to be a drug without harmful side effects that, in nearly every instance, provides some early and sustained benefits even to otherwise untreatable patients. Anvirzel(TM) has successfully concluded U.S. FDA Phase I human clinical trials at The Cleveland Clinic Foundation with a published finding of "no dose limiting toxicity."

Ozelle Pharmaceuticals Inc. anticipates initiating Phase II human trials in the U.S. and Ireland in the immediate future. Acola has arranged for expedited trials for Anvirzel(TM) in Mexico and anticipates its general availability in Mexico in 2002.

Acola's executive offices are located in Houston, Texas. Acola presently has 5 employees, most of whom are shareholders.

This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995 provides a safe harbor for forward-looking statements made by Acola or on its behalf. These forward-looking statements are not historical facts, but reflect Acola's current expectations, estimates and projections. All statements contained in the press release which address future operating performance, events or developments that are expected to occur in the future (including statements relating to earnings expectations, sales of assets, or statements expressing general optimism about future operating results) are forward-looking statements. Although Acola believes that its expectations are based on reasonable assumptions, it can give no assurance that its goals will be achieved. Important factors that could cause actual results to differ materially from those in the forward-looking statements herein include success in marketing Anvirzel(TM) in Mexico, FDA approval of Anvirzel(TM) in the United States, development of Acola's market in Mexico, and conditions of the capital markets and equity markets during the periods covered by the forward-looking statements.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Nov 1, 2001
Words:619
Previous Article:Hagemeyer Update on 2001 Outlook.
Next Article:S&P Assigns Prelim Rating to PDVSA Finance Ltd Notes.



Related Articles
CEOcast Interviews Tcert CEO Brad Johnson.
Rhona Online CEO Laurence Liebowitz Interviewed By CEOCast.
CrossKeys President and CEO on CEOcast.com: Interview Focuses On the Transition of the Company.
Summit Environmental Corporation Inc. Selected and Interviewed by CEOCast.
Acola Corp., Formerly MegaChain.com, Ltd., Announces New Scientific Advisor, Robert A. Newman, Ph.D, Chief of Pharmacology, M.D. Anderson Cancer...
Acola CEO Gives 2nd Online Interview To CEOCast.com.
Acola Corp. Extinguishes $257,000 of Liabilities.
Acola Corp. Announces New Scientific Advisor, Bruce A. Aronow, Ph.D., Head of Genome Research, Children's Hospital Medical Center, Cincinnati, Ohio.
Acola Corp. Continuing Discussions to Renew Its Option to Acquire Mexico Rights to Anvirzel.
Biophan Technologies CEO Michael Weiner Gives Internet Broadcast Interview to CEOcast.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles