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OTCBB-WNDM Announces Activation of BioPharma Division to Solicit Technology and Development Partners
Date:11/11/2009

FORT WORTH, Texas, Nov. 11 /PRNewswire-FirstCall/ -- Wound Management Technologies, Inc., (WNDM), announced today that its BioPharma Management Technologies Division will search for partners to aid in leveraging its existing technology and infrastructure to develop opportunities within the International Biotechnology and Genetic Engineering fields. The company intends to announce developments concerning advisory board appointments, research affiliations, and new partners as details emerge.

"Some of the most important developments in biotechnology and medical science have their origin at academic institutions and the startups that spring from them," stated Scott Haire, CEO of WNDM. "For example, Stem Cell Technology first came on the scene through the efforts of James Thomson in 1998 at the University of Wisconsin. James Thomson is the scientist who was the first to recover embryonic stem cells from human embryos through his work at the University Of Wisconsin School Of Medicine. The companies that are the first to capitalize on these types of advances gain a huge advantage for their shareholders."

WNDM has been conducting extended research studies on its existing products to seek out these types of advantages. It was recently observed at the University of Colorado and presented at a key worldwide symposium that WNDM's own CellerateRx has been shown to possibly influence biological factors important to wound healing beyond the obvious maintenance of the wound environment.

Divisions of major pharmaceutical companies have long recognized this and position themselves to work with startups to be able to capture emerging technologies that are the best-of-the-best. WNDM is following the lead of these industry leaders and through the BioPharma Division is positioned to leverage its existing technology and infrastructure to develop opportunities within the International Biotechnology, Genetic Engineering and Cancer Treatment markets.
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SOURCE Wound Management Technologies, Inc.
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