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The Quigley Corporation Issues Open Letter to Stockholders; Urges Stockholders to Reject Dissident Ted Karkus' Solicitation Efforts
Date:5/7/2009

you should have received The Quigley Corporation proxy statement for our 2009 Annual Meeting, along with a WHITE proxy card. We urge all stockholders to protect your investment and vote the WHITE card immediately. Disregard any proxy materials you may receive from dissident stockholder Ted Karkus, who is seeking to replace your Company's entire incumbent Board of Directors.

MANAGEMENT'S STRATEGIC PLAN HAS BEEN CAREFULLY DEVELOPED AND

EXECUTED - AND IT'S WORKING!

The Quigley Corporation, under the guidance of the incumbent Board and management, has a carefully developed long term strategic plan to increase stockholder value by investing a share of the profits from its successful, market leading OTC homeopathic cold remedy to self-fund research and development of naturally-derived medicinal compounds for which there is enormous market potential.

On April 30, 2009 the Company issued a major announcement regarding noteworthy results from Phase II testing of its QR-333 compound to treat Diabetic Peripheral Neuropathy:

POSITIVE FINDING FOR QR-333 COMPOUND TO TREAT DIABETIC PERIPHERAL

NEUROPATHY EXPANDS POTENTIAL

Diabetic Peripheral Neuropathy is a common complication of diabetes associated with nerve damage in the feet and hands. According to the American Diabetes Association, over 20 million people in the U.S. have diabetes, which grew 13.5% from 2005 to 2007. According to Datamonitor, the market for drugs to treat this problem is $2.8 billion today and is expected to grow to $6.0 billion by 2017. The clinical study of the QR-333 compound showed a sizeable increase in nerve conduction speed and strength of sensory nerve signals, suggesting that the compound may have the potential to both reverse and stop nerve damage. Your management team is on track to explore multiple next step options for the compound, which i
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SOURCE The Quigley Corporation
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Related medicine news :

1. The Quigley Corporation Reports First Quarter 2009 Results
2. Unexpected Positive Finding Expands Potential for Quigley QR333 Drug for Diabetic Neuropathy; Findings Suggest Possible Disease Modification
3. The Quigley Corporation Reports Fourth Quarter and 2008 Annual Results; Continues To Invest In Pharmaceutical R&D Future
4. Quigley Announces Completion of Phase IIb Clinical Study of QR-333 For Diabetic Peripheral Neuropathy on November 25, 2008; Collection and Evaluation of Study Data to Begin Immediately Thereafter
5. The Quigley Corporation Reports Third Quarter 2008 Results; Continues Investment in Pharmaceutical R&D Future
6. The Quigley Corporation Names Gerard M. Gleeson to Succeed Retiring George J. Longo as Chief Financial Officer and Director
7. The Quigley Corporation Reports First Quarter 2008 Results - Increases Investment in Pharmaceutical R&D Future
8. The Quigley Corporation Reports Fourth Quarter & 2007 Annual Results; Increases Investment to $6.5 million in Pharmaceutical R&D in 2007
9. The Quigley Corporation Announces Sale of Its Health and Wellness Segment
10. Service Corporation International Announces First Quarter 2009 Financial Results
11. Providence Service Corporation Announces Record Revenues and Earnings in the First Quarter of 2009
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