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Drug Company Inks Distribution Deal |
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About 60% to 70% of people with diabetes have mild to severe forms of nervous
system damage (www.diabetes.org). The results of such damage include
impaired sensation or pain in the feet or hands and other nerve problems. Almost
50% of people with diabetes aged 40 years or older have impaired sensation in
the feet (i.e., at least one area that lacks feeling). Neuragen® has provided relief
for up to 70% of users in clinical trials.
A recent report by the International Diabetes Federation (www.idf.org) stated that
"Diabetes is fast becoming the epidemic of the 21st century." New data suggest
the number of people living with diabetes will skyrocket to almost 400 million
people, or 7% of the world’s population, within 20 years. Diabetes currently
affects 246 million people worldwide, up from 30 million only two decades ago,
with 23 million of these living in the US. As much as 21% of the US population
aged 60 years or older is estimated to have diabetes. Recent data suggests an
American child born in 2000 stands a one in three chance of being diagnosed
with diabetes in his or her lifetime. More than 2.3 million Canadians have
diabetes. By the end of the decade, this number is expected to rise to 3 million.
Miller concludes, “In addition to our activities in Canada, the US, and Japan, we
are looking at other overseas opportunities. We are exploring relationships in the
Middle East, Brazil and China.”
About Origin BioMed:
Origin BioMed Inc., Halifax, Canada, is an innovative biotechnology company
currently expanding the markets for its exclusive pain relief, skin and lip care
drugs, and supplement products.
About SciTrove Inc:
SciTrove Inc. is a marketing and distributing company for products in the field of
life sciences. Their main suppliers are foreign companies which seek penetration
and expansion in the Japanese market.
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For further information, media may contact:
Mr. Wayne Miller, Director of Sales and Marketing
Origin BioMed Inc.
5162 Duke Street, Suite 500, Halifax, Nova Scotia Canada B3J 1N7
Tel: (902) 423-5745 Fax: (902) 492-0013
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Last Updated ( Tuesday, 29 January 2008 )
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