Contact Information: Contact: Dino Luzzi CEO Medivisor Inc. 326 Walt Whitman Road Huntington Station, N.Y. 11746 Tel: 631.549.7100
Medivisor Inc. Announces New Sales and Marketing Agreement for Mucotrol(TM) With Cura Pharmaceutical Co Inc.
| Source: Medivisor Inc.
HUNTINGTON STATION, NY--(Marketwire - July 24, 2008) - Medivisor Inc. (PINKSHEETS : MVSR )
today announced that it has signed a new sales and marketing agreement with
Cura Pharmaceutical for the marketing of Mucotrol™ in the United States.
The groundbreaking device Mucotrol™ is an oral gel wafer that received
510-K approval as a device from the FDA in late November 2004, as a
treatment for mouth sores related to chemotherapy.
Cura will supply and distribute Mucotrol™ with Medivisor handling the
marketing and sales. Under the terms of the new agreement both parties
agree to now share in the net profits.
"We are pleased to have signed this new sales and marketing agreement with
Cura," stated Dino Luzzi, CEO of Medivisor. "We believe Mucotrol will
demonstrate strong commercial interest in the relief of side effects of
those patients undergoing chemotherapy treatments."
About Medivisor Inc.: Medivisor is a medical communications company
dedicated to providing concise and timely medical information to healthcare
industry professionals. Medivisor exclusively serves the bioscience and
pharmaceutical markets, offering specialized medical marketing consulting,
graphic design, web site marketing strategy and market research.
About Cura Pharmaceutical: Cura is a privately held pharmaceutical business
that develops, distributes and sells innovative and generic
pharmaceuticals. It focuses on selected niche specialty markets through the
offering of distinctive products and services, which provide distinct unmet
medical needs.
About Mucotrol™: Mucotrol™ is prescribed for the management and
relief of pain for Mucositis, which may be caused by chemotherapy or
radiotherapy and irritation due to oral surgery. The National Cancer
Institute estimates that approximately 300,000 cancer patients in the U.S.
suffer from mucositis associated with cancer treatments.
Safe Harbor
This press release contains forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995 (the "Act")
including those relating to the roll-out of Cura Pharmaceutical's Mucotrol.
Additionally, words such as "seek," "intend," "believe," "plan,"
"estimate," "expect," "anticipate" and other similar expressions are
forward-looking statements within the meaning of the Act. Some or all of
the events or results anticipated by these forward-looking statements may
not occur. Factors that could cause or contribute to such differences
include the performance ability of the initial units in the field. Further
information on Medivisor risk factors is contained in its filings with the
Securities and Exchange Commission. Medivisor does not undertake any duty
nor does it intend to update the results of these forward-looking
statements.