Nutra Pharma Engages Research Group to Validate Portage BioMed Technology.BOYNTON BEACH Boynton Beach, city (1990 pop. 46,194), Palm Beach co., SE Fla., on the Atlantic coast; inc. 1920. A major suburban area, it is also a beach resort and vegetable-shipping point. , Fla. -- Nutra Pharma Corp., (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :NPHC NPHC National Pan Hellenic Council NPHC North Phoenix Heart Center ) a biotechnology holding company that owns rights to patents and intellectual property related to the development of drugs 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 Multiple Sclerosis (MS) today announced that it has engaged Eno Research and Development, Inc. (ERDI ERDI Emergency Response Diving International ERDI Enhanced Remote Defect Indicator (Cisco) ERDI Exploratory Research and Development Initiative ) to validate the technology of Portage Portage (1, 2 pôr`təj; 3 pôr`tĭj). 1 Town (1990 pop. 29,060), Porter co., NW Ind., a suburb of Gary, on Lake Michigan; inc. 1959. BioMed. The contract for services provides for a series of validation steps. The first studies will endeavor to characterize Portage BioMed's novel delivery system for chemotherapeutic agents This is a list of specific pharmacologic agents that are known to be of use in the treatment of cancer, otherwise known as chemotherapeutic agents. This list is organized by "type" of agent, though the subsections are not necessarily definitive and are subject to revision. . If these in-vitro studies are successful, animal trials will commence immediately thereafter. "At Portage BioMed, we have made tremendous strides in the research and analysis of our drug delivery system," commented James M Spear, Portage BioMed's Chief Executive Officer. "Still, it is absolutely necessary to gain third-party validation of this technology," he continued. "The work that is being conducted by ERDI will allow us to better understand our system and may help lead to licensing of this technology to a partner in the Pharmaceutical industry." "Our goal in this study is to provide an unbiased analysis of their drug delivery system," remarked James Flowers, ERDI's President and Chief Scientific Officer. "A successful system could result in lower doses of chemotherapy for cancer patients, and therefore possibly minimize the associated side-effects," he added. "We have been extremely pleased with the working relationship that we have fostered with ERDI," said Rik J. Deitsch, Nutra Pharma's Chief Executive Officer. "The scientific staff of ERDI has the expertise necessary to provide the information that we need to move forward with our acquisition of Portage BioMed," he concluded. About Nutra Pharma Corp. Nutra Pharma Corporation (http://www.nutrapharma.com) is a biotechnology holding company and incubator. The Company's minority-owned subsidiary, ReceptoPharm, Inc, is developing technologies for the development of drugs for HIV and Multiple Sclerosis ("MS"). The Company's other holding Infectech, Inc., is engaged in the research and development of diagnostic test kits designed to be used for the rapid identification of infectious diseases such as Tuberculosis (TB) and Mycobacterium mycobacterium Any of the rod-shaped bacteria that make up the genus Mycobacterium. The two most important species cause tuberculosis and leprosy in humans; another species causes tuberculosis in both cattle and humans. avium-intracellulare (MAI MAI Mail (File Name Extension) MAI Multilateral Agreement on Investment MAI Maius (Latin: May) MAI Ministerul Administratiei si Internelor (Romanian) ). Nutra Pharma continues to identify and acquire intellectual property and companies in the biotechnology arena. About Portage BioMed, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . Portage BioMed is a biotechnology research company developing novel and proprietary drug delivery systems to be used with various drug therapies in the treatment of diseases. Their primary research is in creating innovative systems for the safer and more efficient distribution of existing chemotherapeutic agents in the treatment of cancer. About Eno Research and Development, Inc. (ERDI) ERDI is a full-service contract research organization located in Hillsborough, North Carolina Hillsborough is a town in Orange County, North Carolina, United States. The population was 5,446 at the 2000 census. It is the county seat of Orange County.GR6 , near Research Triangle Park Research Triangle Park, research, business, medical, and educational complex situated in central North Carolina. It has an area of 6,900 acres (2,795 hectares) and is 8 × 2 mi (13 × 3 km) in size. Named for the triangle formed by Duke Univ. . ERDI offers a wide range of pre-clinical development services to pharmaceutical, biotechnology, medical device, animal health and nutraceutical companies. The scientific staff of ERDI possess expertise in biotechnology, pharmacology, tumor biology, synthetic and analytical chemistry, in silico modeling of drug interaction / binding and rational drug design, as well as microarray technology and bioinformatics. With this expertise, ERDI can offer services ranging from lead discovery through New Drug Applications. This press release contains forward-looking statements. The words or phrases "would be," "will allow," "intends to," "will likely result," "are expected to," "will continue," "is anticipated," "estimate," "project," or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected in Nutra Pharma's ("the Company") business plan. The Company's business is subject to various risks, which are discussed in the Company's filings with the Securities and Exchange Commission ("SEC"). The Company's filings may be accessed at the SEC's Edgar system at www.sec.gov. The agreement with Eno Research and Development should not be construed by any means as an indication of the value of the Company or its common stock. Additionally, there is no assurance that Eno Research and Development's services will result in a successful validation of Portage BioMed's technology. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company cautions readers not to place reliance on such statements. Unless otherwise required by applicable law, we do not undertake, and we specifically disclaim any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such a statement. |
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