Contact Information: For more information, please visit www.heponline.com. Contact information: Thomas D. Ingolia CEO Email Contact: 480-385-3800
HEPI Pharmaceuticals, Inc. Stops Trial of ProAlgaZyme(R) Due to Concerns Raised by Inconsistent Results
| Source: Health Enhancement Products, Inc.
SCOTTSDALE, AZ--(Marketwire - August 31, 2007) - HEPI Pharmaceuticals, Inc. and its parent
company, Health Enhancement Products, Inc. (OTCBB : HEPI ), the maker of
ProAlgaZyme®, announced today the early termination of a trial of
ProAlgaZyme in metabolic syndrome patients in Minnesota. The trial was
terminated after review of preliminary data on ten early finishing
subjects, due to concerns arising out of the lack of positive response with
respect to either cholesterol or C-reactive protein levels, both key
prospective markers of the study. The lack of positive response with
respect to these key prospective markers, in light of positive results in
the Cameroon trials and extensive anecdotal reports, has raised concerns
about the status of the ProAlgaZyme test agent, including potential
problems associated with freezing and thawing. The Company has initiated
animal model tests to facilitate its inquiry into whether there was a
problem with the ProAlgaZyme batch used in the Minnesota study. This
inquiry should inform the company's choices as to future testing of
ProAlgaZyme.
About ProAlgaZyme® and HEPI Pharmaceuticals, Inc.
ProAlgaZyme® is a nutraceutical product of Health Enhancement Products,
Inc., the Company's parent, which is manufactured using only pure,
all-natural ingredients. ProAlgaZyme® is a liquid product produced from
algae grown in 100% distilled water. The liquid in which the algae are
grown is drawn off, filtered, tested and bottled as ProAlgaZyme®. HEPI
Pharmaceuticals, Inc., a wholly-owned subsidiary of Health Enhancement
Products, Inc., is focused on development of potential pharmaceutical
opportunities represented by ProAlgaZyme®.
Except for any historical information, the matters discussed in this press
release contain forward-looking statements within the meaning of Section
27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. These forward-looking statements involve risks and
uncertainties. A number of factors could cause actual results to differ
from those indicated in the forward-looking statements, including the
timing of completion of a trial, actual future clinical trial results being
different than the results the company has obtained to date, our inability
to obtain regulatory approvals necessary to market and sell PAZ as a
pharmaceutical, and the company's ability to secure funding, including for
the subsidiary's pharmaceutical development of PAZ. Such statements are
subject to a number of assumptions, risks and uncertainties. Readers are
cautioned that such statements are not guarantees of future performance and
that actual results or developments may differ materially from those set
forth in the forward-looking statements. The company undertakes no
obligation to publicly update or revise forward-looking statements, whether
as a result of new information or otherwise.