Bellacasa Subsidiary, Aquamer, Announces Amended Patent and Supply Agreements.MARLBOROUGH, Mass. -- Bellacasa Productions, Inc. (dba Aquamer) (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :BCSP BCSP Board of Certified Safety Professionals BCSP BlueCore Serial Protocol (Bluetooth protocol) BCSP Black-Chinned Sparrow (Spizella atrogularis , bird species) BCSP Baseline Communication Support Plan ) a medical device technology company focused on the development and commercialization of a new minimally invasive injectable technology for dermatology, urology urology Medical specialty dealing with the urinary system and male reproductive organs. It traces its origin to medieval lithologists, itinerant healers who specialized in surgical removal of bladder stones. and gastroenterology, today announced that, effective March 31, 2006, it entered into amended patent license and supply agreements with Partners in Biomaterials, Inc. ("Partners"), with whom Aquamer has been collaborating for several years. The amended agreements couple the exclusive rights to Partners' advanced polymer technology for the fields of use described above and the technological expertise with respect to the manufacture of the product. "These next generation agreements will further solidify our relationship with Partners and set the foundation for our business such that we can continue with our fund raising activities in order to execute on our clinical milestones and build value for our shareholders," said Ed Reilly, President of Aquamer. Robert Ainpour, Ph.D., President of Partners, was equally optimistic, "Based on the preclinical and initial clinical results associated with this platform technology, I believe Aquamer has tremendous potential to impact medicine in addressing urinary incontinence Urinary Incontinence Definition Urinary incontinence is unintentional loss of urine that is sufficient enough in frequency and amount to cause physical and/or emotional distress in the person experiencing it. , aesthetic medicine and gastroesophogeal reflux. I am very enthusiastic about our relationship moving forward." About Bellacasa Productions, Inc. Bellacasa Productions, Inc. ("Bellacasa") is traded on the OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. and carries out its business operations through its operating subsidiary, Aquamer, Inc. ("Aquamer"). Aquamer possesses a proprietary product portfolio encompassing injectable biocompatible biocompatible /bio·com·pat·i·ble/ (-kom-pat´i-b'l) being harmonious with life; not having toxic or injurious effects on biological function. polymer products for tissue bulking designed for ease of injection, maintenance of long-term safety and efficacy, with minimal migration or absorption, while being non-immunogenic and possessing the inherent simplicity for shipping and storage. Aquamer has secured an Investigational Device Exemption An Investigational Device Exemption (IDE) allows the investigational device to be used in a clinical study in order to collect safety and effectiveness data required to support a Premarket Approval (PMA) application or a Premarket Notification [510(k)] submission to Food and (IDE) from the 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. and has commenced a Phase 1 clinical study in dermatology (treatment of tissue atrophy from aging, facial wrinkles, depressed scars and soft tissue defects). The planned field of use in dermatology will also encompass lip augmentation. About Partners in Biomaterials, Inc. Partners in Biomaterials, Inc. is a privately owned biomaterials research and development company. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement This press release contains forward-looking statements that are based on management's views and expectations. Such statements are based on current assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially. Risks associated with the Company's activities include raising adequate capital to continue operations, scientific and product development uncertainties, competitive products and approaches, intellectual property claims of third parties, and regulatory testing and approvals. For a further list and description of such risks and uncertainties, please see the Company's previously filed SEC reports. Bellacasa disclaims any intention or obligation to update or revise any financial projections or forward-looking statements, whether as a result of new information, future events or otherwise. |
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