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Biotech / Medical : GUMM - Eliminate the Common Cold -- Ignore unavailable to you. Want to Upgrade?

To: Iceberg who wrote (1498)	11/8/1999 4:40:00 PM
From: Sir Auric Goldfinger	Read Replies (1) \| Respond to of 5582

FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OF 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 November 4, 1999 (Date of earliest event reported) GUM TECH INTERNATIONAL, INC. (Exact Name of Registrant as Specified in its Charter) UTAH 0-27646 87-0482806 (State or Other Jurisdiction (Commission (IRS Employer of Incorporation) File Number) Identification No.) 246 East Watkins Street, Phoenix, Arizona 85004 (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code (602)252-1617 Not Applicable (Former Name or Former Address, if Changed Since Last Report) <PAGE> ITEM 5. OTHER EVENTS. Attached hereto as Exhibit 99.1 is a copy of Gum Tech International, Inc.'s press release dated November 4, 1999 titled "Gum Tech Announces Withdrawal of Journal Article." ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS. (c) Exhibits EXHIBIT NUMBER DESCRIPTION ------ ----------- 99.1 Gum Tech International, Inc. Press Release November 4, 1999 titled "Gum Tech Announces Withdrawal of Journal Article" SIGNATURES Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. GUM TECH INTERNATIONAL, INC. (Registrant) By /s/ William J. Hemelt ----------------------------------- (Signature) William J. Hemelt Secretary and Chief Financial Officer Date: November 8, 1999 2 <PAGE> EXHIBIT INDEX EXHIBIT NUMBER DESCRIPTION ------ ----------- 99.1 Gum Tech International, Inc. Press Release November 4, 1999 titled "Gum Tech Announces Withdrawal of Journal Article" 3 </TEXT> </DOCUMENT> <DOCUMENT> <TYPE>EX-99.1 <SEQUENCE>2 <DESCRIPTION>PRESS RELEASE DATED 11/4/99 OF GUMTECH <TEXT> COMPANY PRESS RELEASE Gum Tech Announces Withdrawal of Journal Article WOODLAND HILLS, Calif., Nov. 4 /PRNewswire/ -- Gel Tech, a joint venture of Gum Tech, International (Nasdaq: GUMM - news) and Bio Delivery Technologies, announced today that the American Journal of Infection Control (AJIC) is withdrawing the manuscript "The effect of direct application of ionic zinc nasal spray gel on the duration of the common cold" from publication. The Journal had planned on using the study in a future issue. According to Elaine Larson, editor of AJIC, the peer review process was in order and the manuscript was reviewed by experts in the field. It followed an accepted blind review process. However, based on the pre-release of data and related issues not in compliance with the established policies and copyright regulations of the Journal, the manuscript has been withdrawn from publication. "This in no way reflects on the positive results or the integrity of the study," said Dr. Charles Hensley, scientific affairs director at Gel Tech. The initial internal study found that Zicam significantly reduced the duration of the common cold. Hensley said, "We are continuing our research on Zicam with a separate large-scale independent clinical study. We expect the results of that study to be announced in the near future and submitted for publication at a later date in compliance with all required protocols." Gum Tech Forward-Looking Statement: This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the positive results of the Company's internal clinical study on Zicam, the ability of Zicam to reduce the duration of the common cold, and the expected time that any separate independent clinical results will be announced and whether or not those results will be submitted for publication. These forward-looking statements are based on the Company's expectations and are subject to a number of risks and uncertainties, many of which cannot be predicted or quantified and are beyond the Company's control. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. Factors that could cause actual results to differ materially from the Company's expectations include the possibility that pending clinical trials will produce less favorable than anticipated results regarding the efficacy of Zicam, the possibility that users of Zicam may not realize the results suggested by the internal clinical study, the possibility that the outcome of any large-scale independent clinical study may be less positive than the results suggested by the initial internal clinical study, and the possibility that any studies submitted by the Company for publication may not be accepted or may be rejected. Other factors that could cause actual results to differ materially from the Company's expectations are described in the Company's reports filed pursuant to the Securities Exchange Act of 1934. </TEXT> </DOCUMENT>