Advanced Plant Pharmaceuticals Inc. -- APPI -- Announces Entering into a Letter of Intent for Investigating the Distribution of APPI's New Line of Proprietary Whole Plant Standardized Pharmaceutical Grade Products Process.NEW YORK--(BUSINESS WIRE)--July 7, 1998--Advanced Plant Pharmaceuticals Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:APPI APPI American Psychiatric Publishing, Inc. APPI American Psychiatric Publishing Inc. APPI American Psychiatric Press, Inc. APPI Atmospheric Pressure Photoionization APPI Advanced Peer-to-Peer Internetworking APPI Advanced Plant Pharmaceuticals Inc. ) announced today that they have signed a letter of intent with NBTY (Nature's Bounty), Hauppauge, New York Hauppauge (pronounced /hɔpɔg/) is a hamlet in the Town of Islip and the Town of Smithtown in Suffolk County, New York, United States. . The provisions of which are proposed investigation for distribution and licensing venture pursuant to which NBTY (Nature's Bounty) will purchase from APPI's new product line various Pharmaceutical Grade Nutritional Products with the intent of distributing. The nutritional market in the USA is estimated to be in excess of 9 billion USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. . According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. market analysts, by creating a proprietary standardized pharmaceutical grade line, one could expect to pick up a major market share in those markets. Pursuant to the agreement NBTY (Nature's Bounty) has identified four high revenue single botanicals for APPI to process. APPI will produce these botanicals with their proprietary whole plant pharmaceutical grade standardized process. This method of processing without extraction does not alterthe original chemical formulation of the botanical and yields maximum efficacy, standardized from batch to batch. The finished products will certify numerous active and phyto chemicals in each product in their natural form. This whole plant process offers the consumer more total ingredients, potency, efficacy and the most natural standardized botanicals available today. NBTY (Nature's Bounty) will investigate the sufficiency and marketability for such products initially. Upon favorable results NBTY (Nature's Bounty) will enter into a distribution agreement and possible technology leasing of APPI's proprietary process. APPI's whole plant pharmaceutical technologies are a trade secret and patent pending process by which to turn a whole plant into your best standardized pharmaceutical grade product. The company expects to announce further agreements in the near future. APPI is a company that develops innovative plant formulations and technology for clinical application. APPI has met 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. nutritional specifications for the marketing of its Lo-Chol in the USA, and has received the first IND from the FDA for a whole plant pharmaceutical which has potential as an immunomodulater in the treatment of patients infected with HIV HIV (Human Immunodeficiency Virus), either of two closely related retroviruses that invade T-helper lymphocytes and are responsible for AIDS. There are two types of HIV: HIV-1 and HIV-2. HIV-1 is responsible for the vast majority of AIDS in the United States. , the virus that causes AIDS.
CONTACT: Advanced Plant Pharmaceuticals Inc.
Martin Clare, 212/402-7878
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