International Biotechnology Corp. (Formerly Lignex Inc.) - Announcement.Health/Medical Writers TORONTO--(BW HealthWire)--Sept. 25, 2000 International Biotechnology Corporation of Toronto (CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network. :IBCT IBCT Infantry Brigade Combat Team IBCT Interim Brigade Combat Team (US Army) IBCT Initial Brigade Combat Team IBCT Institute for Business Continuity Training IBCT Ingénierie et Biologie Cellulaire et Tisulaire .)(Pinksheets:IBGYF), announced that IBCT, through its subsidiary, International Biotech (Anguilla) Corporation ("IBC IBC International Building Code IBC Iraq Body Count IBC Institutional Biosafety Committee IBC Inflammatory Breast Cancer IBC International Business Company IBC Independence Blue Cross IBC Insurance Bureau of Canada IBC International Broadcasting Convention (Anguilla)"), has secured a license from Aladdin Pharmaceuticals Corporation ("Aladdin") to conduct clinical tests and experimental treatments in the Caribbean on a new treatment for 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. and AIDS. Previous human clinical studies of the treatment have demonstrated a significant improvement in the health care status of 60 out of 70 individuals within a 90 to 120 day time-frame. The initial clinical trials will consist of a double blind placebo study involving 250 individuals on the Island of Anguilla. The trials will be conducted by IBC(Anguilla) at the medical facilities of Medical Resorts International Inc. ("MRI 1. (application) MRI - Magnetic Resonance Imaging. 2. MRI - Measurement Requirements and Interface. "), on the island of Anguilla B.W.I. The purpose of the continuing testing is to validate and substantiate the previous test results obtained as well as increase the amount of clinical data available for analysis. IBC(Anguilla) and MRI, through its subsidiary Hotel de Health (Caribbean) Inc. have received approval from the Caribbean Epidemiology Center ("CAREC CAREC Caribbean Epidemiology Centre CAREC Central Asia Regional Economic Cooperation (Asian Development Bank) CAREC Central American Renewable Energy and Cleaner Production Facility ") and the Government of Anguilla to conduct these tests and treatments The testing will be overseen by an Oversight Committee composed of representatives of each of CAREC, the Government of Anguilla, IBC(Anguilla) and Hotel de Health (Caribbean) Inc. The trials are scheduled to begin the first week of November, 2000. The Medical and Scientific Advisory Committee which IBCT has established, and was referred to in the press release of September 8, 2000, will investigate and report to the board on relevant medical, scientific and pharmaceutical issues including the conduct of the clinical tests and experimental treatments. The Medical and Scientific Advisory Committee will also assist in the development and implementation of testing protocols, data collection to ensure that all data from clinical tests, including those for the new HIV and AIDS treatment, is compliant with 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. standards, policies and protocols. "The formation of our Medical Advisory Board ensures that IBCT will be governed by a commitment to sound medical and scientific principles."; said Michel Van Herreweghe. President of IBCT. There are currently 69,168,275 common shares and 2,158,334 warrants outstanding. |
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