Horizon Health International Corp. Signs Agreement With Pharmaceutical Corporation
June 24 2010 - 9:30AM
Marketwired
HORIZON HEALTH INTERNATIONAL CORP. (PINK SHEETS: HZHI) (the
Company) signs an agreement with one of the largest Pharmaceutical
Companies operating out of Kawasaki-Japan.
Mr. Rocco Di Fruscia, President of Horizon Health International
Corp., an emerging specialty pharmaceutical company is pleased to
announce that it has signed an agreement for the exclusive rights
to market and distribute, within North America, the patented
enteric coated formulation of Lactoferrin, on the latest
nutraceutical products sold on today's Japanese market, generating
sales of over $ 350 Million in Japan.
This agreement is exclusive for the North American market and
concerns a patented enteric coated formulation of Bovine
Lactoferrin, the main product sold in the nutraceutical market in
Japan and developed and patented in recent years by NRL Pharma
Inc.
Mr. Di Fruisca says: "The individuals who have been taking our
Lactoferrin, have given us nothing but positive feedback and are
highly satisfied with their results"
The Company's business:
HORIZON's Subsidiary 'NRL Pharma Canada Inc.' is an emerging
specialty pharmaceutical company that is committed to supply its
Patented delivery systems of enteric lactoferrin, and
"PEG-lactoferrin." We have already introduced enteric lactoferrin
products in the market as a supplemental food and have also
undertaken projects to further study these products and increase
their pharmaceutical applications. Since 2008, the company's
proprietary enteric lactoferrin has already earned top market share
amongst all lactoferrin-containing products.
What is Lactoferrin?
Lactoferrin: A multifunctional protein of the transferrin family
found in various secretory fluids, such as milk, saliva, tears and
nasal secretions. Human colostrum ("first milk") has the highest
concentration of Lactoferrin, followed by human milk, then cow milk
("bovine milk").
Initially, all mammals consume maternal milk, their only source
of diet. It is believed that this milk contains all the essential
nutrients required by neonates for healthy growth, in particular,
"colostrum", the first milk secreted from the breast after
parturition, which is rich in Lactoferrin and regulates stress
response, the immune system, and fat burning in neonates.
Lactoferrin is a multi-functional protein derived from milk.
Because of its biological function, Lactoferrin has been widely
used as a supplement in products such as infant formula and has a
variety of health-care applications.
Lactoferrin is relatively stable in the gastrointestinal tract
in infants but is degraded into peptides and amino acids in adults
when administered orally. This limits the use of Lactoferrin in the
treatment of geriatric diseases and adult lifestyle-related
diseases. NRL Pharma Inc. is the only company in the world that
supplies enteric Lactoferrin. The enteric coating is a barrier that
controls the location in the digestive system where the Lactoferrin
it is absorbed.
Enteric coating technology has enabled an exclusive market share
for Lactoferrin supplement, which is highly effective even at a
very low dose.
Forward-looking statements in this release are made pursuant to
the "safe harbor" provisions of the Private Securities Litigation
Reform Act of 1995. Such forward-looking statements involve risks
and uncertainties, including, without limitation, continued
acceptance of the Company's products, increased levels of
competition, new products and technological changes, dependence
upon third-party suppliers, intellectual property rights, and other
risks detailed from time to time in the Company's periodic
reports.
Contacts: Horizon Health International Corp. Rocco Di Fruscia,
Pres. & CEO 514 586 3799 horizonhealth@shaw.ca
Horizon Health (CE) (USOTC:HZHI)
Historical Stock Chart
From Oct 2024 to Nov 2024
Horizon Health (CE) (USOTC:HZHI)
Historical Stock Chart
From Nov 2023 to Nov 2024