Bionutrics, Inc. Granted US Patent For Novel Tocotrienol-Niacin Composition.Business Editors PHOENIX--(BUSINESS WIRE)--Nov. 30, 2000 Bionutrics, Inc., (Nasdaq: BNRX) announced today that on November 7, 2000 the United States Patent Office issued a new patent (US 6,143,770) to the Company's wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , LipoGenics, Inc. This patent is for the composition of tocotrienol and niacin niacin: see coenzyme; vitamin. niacin or nicotinic acid or vitamin B3 Water-soluble vitamin of the vitamin B complex, essential to growth and health in animals, including humans. . Niacin and tocotrienols have differing methods of action concerning cardiovascular health and the combination of the two active compounds provides a novel approach to the prevention or management of cardiovascular disease Cardiovascular disease Disease that affects the heart and blood vessels. Mentioned in: Lipoproteins Test cardiovascular disease . On November 13, 2000, Reuters reported that research by Merck & Co (NYSE NYSE See: New York Stock Exchange : MRK MRK Merck & Company (stock symbol) MRK Mayer-Rokitansky-Kuster (anomaly) MRK Manual Remote Keying ) demonstrated that patients who took niacin plus the statin drug, simvastatin simvastatin /sim·va·stat·in/ (sim´vah-stat?in) an antihyperlipidemic agent that acts by inhibiting cholesterol synthesis, used in the treatment of hypercholesterolemia and other forms of dyslipidemia and to lower the risks associated (Zocor(R)), designed to lower cholesterol and the risk of heart disease, experienced plunging cholesterol levels. After three years on the combination therapy, fatty buildups in the patients' arteries had stopped growing and they were 70 percent less likely than patients taking dummy pills to have a heart attack or other heart "events" such as stroke or the need to have heart bypass surgery, researchers said. The report further stated that the combination of simvastatin and niacin suggested a reduction of between 60 and 90 percent of non-fatal heart attacks -- which points to a synergistic effect between the two. LipoGenics' president, Howard Schneider, Ph.D., noted "The value of statins Statins A class of drugs commonly used to lower LDL cholesterol levels. Mentioned in: C-Reactive Protein to cardiovascular health is well understood. Now, with the findings of recent research an appreciation of the benefit of niacin is increasing. Niacin in combination with tocotrienol has the interesting synergistic potential of addressing inflammatory components of cardiovascular disease and growth of arterial plaque, as well as elevated cholesterol levels. Our Company has further patented technology for the amelioration a·me·lio·ra·tion n. 1. The act or an instance of ameliorating. 2. The state of being ameliorated; improvement. Noun 1. of flushing often associated with niacin use. There is, of course, considerable research yet to be conducted to confirm the ultimate potential of Company's newly patented composition." Bionutrics Chairman 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. , Ronald H. Lane, Ph.D., remarked: "The significance of niacin as a treatment for elevated cholesterol and its application to diabetic "Syndrome X" is gaining credence within the medical community. The combination of niacin and tocotrienols as a method of addressing pathologic events associated with cardiovascular disease holds promise for Bionutrics." Bionutrics is a biopharmaceutical company founded to discover and develop novel biologically active compounds derived from natural sources. Natural, biologically active compounds have potential applications as functional nutrition ingredients as well as ethical drugs. Bionutrics is presently developing proprietary functional nutrition ingredients and pharmaceutical products and intends to market these products through strategic alliances. "Safe Harbor" statement under 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: This release contains forward looking statements that are subject to the risks and uncertainties, including, but not limited to, the impact of competitive products and pricing, product demand and market acceptance, new product development, future research, reliance on key strategic alliances, availability of raw materials, the regulatory environment and governmental approval processes, fluctuations in operating results and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. |
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