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Biotech / Medical : GBIC - Gulf Biomedical Corporation

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From: jmhollen6/3/2005 11:23:52 AM
   of 4
 
Gulf Biomedical Finalizes Purchase of Assets of Hair Care Supplement Marketer

Distribution Source : PrimeZone Media
Date : Monday - October 11, 2004

HOUSTON, Oct. 11, 2004 (PRIMEZONE) -- Gulf Biomedical Corporation (Pink Sheets:GBIC), a sixteen-year-old Houston-based laser research and manufacturing firm, announced today that it has completed the acquisition from David Beard/Traderite, LLC of the product line "Special Care, Health and Hair." The purchase included all assets, liabilities, copyrights, patent rights and inventories related to the hair-growing supplement and associated product developed by David Beard/Traderite, LLC.

"Special Care, Health and Hair" is a vitamin supplement developed by Beard in 2002 after a series of formulated chemical studies on human subjects conducted with pharmaceutical grade components. In late January 2003, the dosage was standardized as a two-tablet formula intended to stimulate hair growth and repair from common hair loss maladies such as Andogenetic Alopecia (AGA), Alopecia Areata, Congenital Atrichia and Trichotillomanis.
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Gulf Biomedical Corporation will commence double-blind medical trials immediately. Goal of the trials: patent and copyright on the vitamin formulations.

CONTACT:
William A. Little and Company
William A. Little
(281) 339-2451
.
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