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ALERT -- BREAKING MARKET NEWS REPORT ---- HLUN.PK
Company Name: HEALTHEUNIVERSE INC
Lookup: HLUN.PK
Current Price: $.145
Expected: STEADILY CLIMB FOR THE TOP
Breaking News: Healtheuniverse Signs Clinical Research and
Marketing
Agreement With The California
Institute of Cosmetic and Reconstructive Surgery for Fat
Based Stem
Cell Technology and Products
COVINA, CA--(MARKET WIRE)--Sep 11, 2006 -- Healtheuniverse,
Inc., a
diversified biotechnology development
firm specializing in the development and commercialization
of
patented biopharmaceutical and biomedical products,
announced today that it has entered into an agreement with
The
California Institute of Cosmetic and Reconstructive
Surgery (C.I.C.R.S.) for clinical research, marketing and
distribution rights for fat based stem cell technology and
products in the United States. The agreement provides for
CICRS to
conduct clinical trials in the United States for
fat based stem cell applications in the areas of cosmetic,
plastic,
and reconstructive surgery. CICRS grants Healtheuniverse
patent, technology, IP, and licensing rights to market and
sell
products developed by these clinical trials, if they are
approved for marketing.
Under the terms of this agreement, CICRS will manage a
series of
clinical trials intended to examine the safety and
efficacy of fat based stem cell therapies for the treatment
of
cosmetic, plastic, and reconstructive patients.
Healtheuniverse
will be responsible for managing and funding the clinical
trials and
all necessary regulatory registrations for products
in the United States. Upon regulatory approval of the
products,
Healtheuniverse will be the exclusive distributor of
products cleared for marketing. Financial terms of the
agreement were
not disclosed.
About HLUN.PK
HEALTHeUNIVERSE Inc. is a biotechnology development firm
specializing in the
development and commercialization of patented
Biopharmaceutical and Biomedical
products. We are engaged in research and development of
regenerative medicine
therapies using non-embryonic adult stem cells for use in
plastic,
reconstructive,
orthopedic, vascular, and cardiac surgery. Healtheuniverse
strives to
be the first
to commercialize the use of regenerative medicine in plastic
and
reconstructive
surgery and to develop therapeutic uses in the most
profitable
commercial applications.
More information on Healtheuniverse is available online at
www.healtheuniverse.com
WATCH THIS STOCK GO HIGHER AND HIGHER
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