Navigation Links
Meditor Pharmaceuticals (North American) Ltd. announces the closing of a merger agreement with American Medical Technologies, Inc.
Date:3/12/2009

TORONTO, March 12 /PRNewswire/ - Meditor Pharmaceuticals Ltd (Trading as M20.F) is pleased to announce it has concluded a merger agreement with AMERICAN MEDICAL TECHNOLOGIES, INC. (AMT).

AMERICAN MEDICAL TECHNOLOGIES, INC. is a U.S. based company which performs biomedical research dedicated to the development and commercialization of proprietary Blood Cell Morphometric Method (BCMM) technology. Its purpose is to detect early cancer in patients where traditional methods do not work.

As a result of the continuous scientific research activity since 1985 a comprehensive Patent was filed in Russia for a "Method for diagnosing human tumor disorders".

Our method, which has already proved to be beneficial to hundreds of patients, reduces the risk for the planned clinical trials and shortens the time to the market. Upon the completion of the automatic analysis and before all the clinical trials are completed, our technology can be applied to many countries and has unlimited use in the alternative medicine market today.

AMT's Research and Development operations are based in USA, Germany and Ukraine, and conducted through the lab in New York and clinical applications in Ukraine. AMT's management team consists of Dr. Boris Farber (CEO and Chairman of the Board), Dr. Evgenia Skobeltzin (Leading Scientist R&D), and Tatiana Skobeltzin (Administration Manager, Germany).

According to Dr. Farber, with our unique Blood Cell Morphometric Method, we will be able to provide new and effective technology to deal with early cancer detection in healthy individuals and monitor the treatment efficiency in patients diagnosed with cancer. This will revolutionize the field of oncology and may become a new standard of care in this $219.2 billion market.

In additional news, Mr. Larry Skolnik, President of MEDITOR and Dr. Boris Farber, CEO and Chairman of AMT are continuing to develop relationships with market makers in Europe to help create additional investor awareness of Meditor and AMT on the Frankfurt and Berlin Exchanges.

The company's first stop on its investor relations tour will be in Munich this Monday 16 March 2009 at Hotel Le Meridien in the Elysee II Suite.

Disclaimer

This release may contain certain "forward-looking statements" with respect to certain of Indenture Investments Ltd's plans and its current goals and expectations relating to its future financial condition, performance, results, strategy and objectives. Statements containing the words "believes", "intends", "expects", "plans", "seeks" and "anticipates", and words of similar meaning, are forward-looking. By their nature, all forward-looking statements involve risk and uncertainty because they relate to future events and circumstances which are beyond Indenture Investments Ltd's control including among other things, Canadian domestic and global economic and business conditions, market related risks, and the performance of financial markets generally; the policies and actions of regulatory authorities, the impact of competition, inflation, and deflation; the timing, impact and other uncertainties of future acquisitions or combinations within relevant industries; and the impact of changes in capital, solvency or accounting standards, and tax and other legislation and regulations in the jurisdictions in which Indenture Investments Ltd. operates. As a result, Indenture Investments Ltd's actual future financial condition, performance and results may differ materially from the plans, goals, and expectations set forth in Indenture Investments Ltd's forward-looking statements. Indenture Investments Ltd. undertakes no obligation to update the forward-looking statements contained in this section or any other forward-looking statements it may make.


'/>"/>
SOURCE Meditor Pharmaceuticals Ltd.
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. Gamma Pharmaceuticals Accepts PO From Leading St. Louis Missouri Distributor. Order Valued up to $850,000 Retail Market Value
2. MAP Pharmaceuticals to Present at the Cowen and Company 29th Annual Health Care Conference
3. Valeant Pharmaceuticals to Present at Cowen and Company 29th Annual Health Care Conference
4. ISTA Pharmaceuticals to Present at the Cowen and Company 29th Annual Health Care Conference
5. Biostar Pharmaceuticals, Inc. Completes 8.6-Acre Land Purchase to House New Raw Materials Processing Plant
6. Celator(R) Pharmaceuticals Enrolls First Patient in Its Phase 2 Study of CPX-351 in Acute Myeloid Leukemia in First Relapse
7. Cadence Pharmaceuticals CEO Theodore Schroeder to Present at Cowen & Companys 29th Annual Health Care Conference in Boston on March 16, 2009
8. Keryx Biopharmaceuticals, Inc. Requests an Appeal Hearing After Receiving Notice of Delisting From Nasdaq
9. Savient Pharmaceuticals to Present at The Cowen and Company 29th Annual Healthcare Conference on March 17, 2009
10. Watson Pharmaceuticals and Elan Settle Lawsuit Over Naproxen Sodium
11. Merz Aesthetics, a Division of Merz Pharmaceuticals USA, Introduces a Universal Language of Aging for Use in Education, Research and Practice
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/25/2016)... Montreal, Canada (PRWEB) , ... June 25, 2016 , ... ... the pursuit of success. In terms of the latter, setting the bar too high ... low, risk more than just slow progress toward their goal. , Research from ...
(Date:6/24/2016)... ... 24, 2016 , ... Marcy was in a crisis. Her son James, eight, was out of ... verbally and physically. , “When something upset him, he couldn’t control his emotions,” remembers Marcy. ... throw rocks at my other children and say he was going to kill them. ...
(Date:6/24/2016)... ... June 24, 2016 , ... Comfort Keepers® of San Diego, CA is ... Road To Recovery® program to drive cancer patients to and from their cancer treatments. ... the highest quality of life and ongoing independence. Getting to and from medical ...
(Date:6/24/2016)... ... June 24, 2016 , ... The Haute ... Dr. Barry M. Weintraub as a prominent plastic surgeon and the network’s newest ... world, and the most handsome men, look naturally attractive. Plastic surgery should be ...
(Date:6/24/2016)... ... ... Venture Construction Group (VCG) sponsors Luke’s Wings 5th ... Woodmont Country Club at 1201 Rockville Pike, Rockville, Maryland, 20852. The event raised ... have been wounded in battle and their families. Venture Construction Group is a 2016 ...
Breaking Medicine News(10 mins):
(Date:6/23/2016)... Any dentist who has made an implant supported ... Many of them do not even offer this as a ... laboratory costs involved. And those who ARE able to offer ... high cost that the majority of today,s patients would not ... Zadeh , founder of Dental Evolutions Inc. and inventor of ...
(Date:6/23/2016)... , June 23, 2016  In a startling report released today, ... their residents by lacking a comprehensive, proven plan to eliminate prescription ... definitive ranking of how states are tackling the worst drug crisis ... four states – Kentucky , New ... Vermont . Of the 28 failing states, three – ...
(Date:6/23/2016)... Research and Markets has announced the ... 2016 - Forecast to 2022" report to their offering. ... up to date financial data derived from varied research sources ... with potential impact on the market during the next five ... comprises of sub markets, regional and country level analysis. The ...
Breaking Medicine Technology: