SLA solara minerals ltd

Solagran LimitedSolagran LimitedACN 002 592 396Level 11492 St...

  1. 3,230 Posts.
    Solagran Limited
    Solagran Limited
    ACN 002 592 396
    Level 11
    492 St Kilda Road
    Melbourne 3004
    Victoria
    Australia
    Tel 61 3 9820 2699
    Fax 61 3 9820 3155
    8 January, 2008
    Company Announcement
    Patents Awarded for Treatment of Alzheimer’s and Alcoholism
    The Directors of Solagran Limited are pleased to announce the award of the world’s first
    patents protecting the use of plant polyprenols in the treatment of conditions involving
    physical, psychological and neurological degeneration.
    The first of two patents awarded relates to the use of Ropren and its active ingredient
    Bioeffective® R in the treatment of memory decline and dementia, including Alzheimer’s
    disease.
    The second patent awarded relates to the use of Ropren in the treatment of conditions
    arising from long term addiction to both alcohol and drugs. These conditions involve major
    changes to personality, as well as severe degeneration of the body, the brain and the
    nervous system.
    Both patents are comprehensive in nature. They cover the active ingredient, the therapeutic
    substance based on the active ingredient, its pharmaceutical composition, and the method of
    treatment. They were awarded by the Russian Agency for Patents and Trademarks, and
    provide excellent intellectual property protection with a priority date of 23 May 2007.
    Under the international Patent Convention Treaty (PCT), Solagran can now obtain patent
    protection in whatever countries it considers necessary to protect this intellectual property.
    Securing these two patents provides clear confirmation of the multi-faceted nature of Ropren.
    It is not only effective in treating chronic liver disease. It is also effective in treating neurodegeneration
    and addiction.
    The patent for the treatment of memory decline and dementia has arisen as a result of the
    findings of research and trials undertaken in St Petersburg at the I.M. Sechanov Institute of
    Evolutionary Physiology and at the Skvortsova Stepanova Psychiatric Hospital, as well as in
    Melbourne at the Brain Sciences Institute within Swinburne University. Some findings from
    each set of trials have already been released. Solagran and its research collaborators can
    now publish further details of this research in the appropriate journals.
    The patent for the treatment of conditions associated with chronic alcoholism and drug
    addiction has stemmed from the results of trials with critical and seriously ill heroin-addicted
    chronic alcoholics conducted at the Skvortsova Stepanova Psychiatric Hospital. Due to the
    need to keep this information secret while patents were obtained, the results of these trials
    have not yet been released to the market. With intellectual property now secured, a
    summary containing some of the major findings can now be released. Full details will be
    published in due course in the appropriate journals.
    The Board will now decide on the countries in which patent protection will be sought.
    2
    The Directors believe that the award of these two patents has very significant commercial
    implications for the company. They provide a solid foundation for a wider trials program
    related to Alzheimer’s disease and other neurodegenerative disorders, as well as conditions
    associated with drug and alcohol addiction. The worldwide commercial potential of an
    effective treatment for these conditions is enormous.
    Although further specific trials are planned, the fact that Ropren has already been entered in
    the Russian Pharmacopoeia means that it can be used for these conditions at the discretion
    of the treating clinician as soon as it is available commercially. Dr Nina Petrovna Golovkina
    of the Skvortsova Stepanova Psychiatric Hospital made it clear to shareholders when she
    addressed the EGM in September 2007, that her hospital would be using Ropren to treat
    alcoholics, drug addicts and patients with neuro-degenerative disorders, as soon as it was
    available.
    Peter Stedwell
    Company Secretary
    On behalf of the Board of Directors of Solagran Limited
 
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