Here is Friday's announcement. I've since heard that the product went down so well at the Pharmanex show that the first production run ($750,000 worth) sold out on the spot!
VRI BIOMEDICAL LTD 2002-09-20 ASX-SIGNAL-G
HOMEX - Perth
+++++++++++++++++++++++++
Launch of VRI First Product in the USA
The Directors of VRI BioMedical are delighted to announce that the
Company's first product is being launched today in the United States
of America.
Pharmanex, a US company that is one of the world's leading producers
of nutritional supplements, is marketing the product, called "ProBio
PCC"(TM), following the conclusion of a global supply agreement
between VRI BioMedical and Pharmanex. "ProBio PCC" (TM) contains the
unique and potent PCC(TM) probiotic strain, which helps to maintain a
healthy gastrointestinal system. The product is being marketed as a
nutritional supplement.
"ProBio PCC"(TM) is being launched by Pharmanex at its International
Convention being held in Salt Lake City, Utah which is being attended
by around 10,000 of its international distributors. Workshops on
"ProBio PCC"(TM) will be presented at this convention by Professor
Conway, the Company's General Manager of Pharmabiotics.
Finished goods have been contract manufactured in the United States
and in Sweden with "Good Manufacturing Practice" (GMP) standards.
Further stocks of "ProBio PCC"(TM) will progressively be made to
fulfil orders when placed by Pharmanex.
Pharmanex is a leader in the research and development of nutritional
products. The company offers multivitamin/mineral supplements,
natural health products, standardized botanicals and specialized
health systems. Pharmanex(R) products are sold direct to the consumer
through a network of independent representatives and the Internet.
For further information please contact:
* Leon Ivory, Executive Chairman on 0419 428 264, or
* John Frame, Company Secretary on (08)93213655
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