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Biotech / Medical : Breakthrough Company????? Endovasc ENDV

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To: Dr David Summers who wrote (36)4/19/1999 2:51:00 AM
From: Dorine Essey  Read Replies (1) of 94
 
Endovasc Ltd., Inc. Again Clarifies Rumors

April 18, 1999 06:04 PM
MONTGOMERY, Texas--(BW HealthWire)--April 18, 1999--Endovasc Ltd., Inc. ENDV today announced that its management has again been made aware of Internet rumors regarding a potential joint venture or buy-out with Glaxo-Wellcome, Inc.

The management of Endovasc again state emphatically that " ... there is no confirmed nor pending transaction between our company and Glaxo-Wellcome. These are unsubstantiated and unfounded rumors."

Endovasc Ltd., Inc. is a biopharmaceutical company using liposomal drug delivery for products that have already shown safety and efficacy in the generic form. The company's products and processes are covered by patents and trade secrets for competing in a $2 billion market.

Please direct all inquiries to:

PMR & Associates
1042 North El Camino Real, Suite No. B-266
Encinitas, CA 92024

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