SCOLR Pharma Partner Introduces Three New Products Based on SCOLR Technology.BELLEVUE, Wash. -- SCOLR Pharma, Inc. (AMEX AMEX See: American Stock Exchange : DDD DDD Direct Distance Dialing DDD Digital/Digital/Digital (audio CD format, recording/mixing/mastering) DDD Degenerative Disc Disease DDD Domain Driven Design DDD Data Display Debugger (GNU Project) ) today announced the introduction of three once-daily CDT CDT abbr. Central Daylight Time CDT Central Daylight Time CDT n abbr (US) (= Central Daylight Time) → hora de verano del centro; (BRIT [R] based private label products -- Glucosamine/Chondroitin Sodium Free, Glucosamine glucosamine /glu·co·sa·mine/ (gloo-ko´sah-men) an amino derivative of glucose, occurring in glycosaminoglycans and a variety of complex polysaccharides such as blood group substances. , and Glucosamine/Chondroitin/MSM -- by its alliance partner, The Perrigo Company. The introduction took place at the Private Label Manufacturers Association 2006 PLMA PLMA Private Label Manufacturers Association PLMA Peak Load Management Alliance PLMA Producer Licensing Model Act (New York state) PLMA Petroleum Land Management (course) PLMA Philip Livingston Magnet Academy Trade Show in Rosemont, Illinois Rosemont is a village in Cook County, Illinois, founded in 1956. The population was 4,224 at the 2000 census. Geography Rosemont is located at (41.990730, -87.873816)GR1. , earlier this week. The three new products are based on SCOLR Pharma's patented CDT (Controlled Delivery Technology) platform. SCOLR Pharma's platform enables delivery of active pharmaceutical, OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). , and nutraceutical ingredients from a tablet or capsule over an extended time period. SCOLR Pharma previously reported the launch of its once-daily CDT[R]-based Glucosamine/Chondroitin by Perrigo. Under the previously reported alliance, Perrigo agreed to manufacture, market and distribute certain of SCOLR Pharma's dietary supplement Noun 1. dietary supplement - something added to complete a diet or to make up for a dietary deficiency diet - a prescribed selection of foods vitamin pill - a pill containing one or more vitamins; taken as a dietary supplement products in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Perrigo is a global healthcare supplier and the world's largest manufacturer of OTC pharmaceutical and nutritional products for the store brand and contract manufacturing markets. SCOLR Pharma said it expects additional CDT-based product introductions by Perrigo in the coming year. Daniel O. Wilds, SCOLR Pharma's President 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. said, "We continue to be very pleased with the alliance's progress in expanding the offering of extended release nutritional products based on our CDT platform. We now have four extended release product offerings and look forward to additional product introductions by Perrigo in 2007. SCOLR Pharma's relationship with Perrigo continues to represent a significant opportunity for us to build a meaningful presence in the nutraceutical marketplace." About SCOLR Pharma, Inc. Based in Bellevue, Washington, SCOLR Pharma, Inc. is a specialty pharmaceutical company. SCOLR Pharma's corporate objective is to combine its formulation expertise and patented CDT platform to develop novel pharmaceutical, over-the-counter (OTC), and nutritional products. Our CDT platform is based on four recently patented drug delivery technologies for the programmed release of solid oral medications and nutritional products. For more information on SCOLR, please call (425) 373-0171 or visit http://www.scolr.com/ This press release contains forward-looking statements (statements which are not historical facts) within the meaning of 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. These forward-looking statements involve risks and uncertainties, including activities, events or developments that we expect, believe of anticipate will or may occur in the future. A number of factors could cause actual results to differ from those indicated in the forward-looking statements, including our ability to successfully develop new formulations and complete research and development, including pre-clinical and clinical studies, our ability to raise additional funds, the continuation of arrangements with our product development partners and customers, competition, government regulation and approvals, and general economic conditions. For example, if our clinical trials are not successful or take longer to complete than we expect, we may not be able to develop and commercialize our products. And we may not obtain regulatory approval for our products, which would materially impair our ability to generate revenue. Additional assumptions, risks and uncertainties are described in detail in our registration statements, reports and other filings with the Securities and Exchange Commission. Such filings are available on our website or at www.sec.gov. You are cautioned that such statements are not guarantees of future performance and that actual results or developments may differ materially from those set forth in the forward-looking statements. We undertake no obligation to publicly update or revise forward-looking statements to reflect subsequent events or circumstances. |
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