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Biotech / Medical : GUMM - Eliminate the Common Cold

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To: DanZ who wrote (517)4/26/1999 9:49:00 PM
From: Mad2  Read Replies (1) of 5582
 
Dan, this is the best I can come up with on the Zicam but I still question the ownership as this indicates Gumtech will comarket and distribute. Who owns the patent? Who makes the product and from my last post "Gel Tech--a new venture by Biodelivery Technologies Inc. and GumTech International--has introduced Zicam, a homeopathic nasal gel spray". I guess I'm not clear on the Geltech, Gumtech, Biodelivery tech arrangement of who does and who gets what. I'll keep digging

Mad2

Copyright 1999 Information Access Company,
a Thomson Corporation Company;
IAC (SM) Newsletter Database (TM)
Copyright 1999 Marketletter Publications Ltd.
Nutraceuticals International

March 1, 1999

SECTION: Pg. NA; 1362-5411

IAC-ACC-NO: 54053570

LENGTH: 114 words

HEADLINE: GumTech/Gel Tech to co-market Zicam.

AUTHOR-ABSTRACT:
THIS IS THE FULL TEXT: COPYRIGHT 1999 Marketletter Publications Ltd. Subscription: $ per year as of 11/98. Published 12 times per year. Contact Marketletter Publications Ltd., 54-55 Wilton Road, London, SW1V 1DE, United Kingdom. Phone: 44-171-828-7272. Fax: 44-171-828-0415.

BODY:
GumTech International of Phoenix in Arizona, USA, has signed a letter of intent to set up a joint venture with Gel Tech to co-market and distribute Zicam, a homeopathic cold remedy. Under the terms of the agreement, GumTech will own a 60% interest in the new entity. Initial orders are now being shipped to selected retail outlets across the country.

Zicam contains Zinullose, a patent-pending ionic emulsification formula. Initial clinical research indicates that the product significantly reduces the duration of the common cold, according to GumTech. GumTech and Gel Tech researchers collaborated on the development of the patent over the past 18 months, it was added.

LANGUAGE: ENGLISH

IAC-CREATE-DATE: March 9, 1999

LOAD-DATE: March 10, 1999
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