LAS VEGAS, May 1, 2013 /PRNewswire/ -- PharmaRoth Labs, Inc. (OTCPink: FROI) (the "Company") announced today its name change to PharmaRoth Labs, Inc. will be effective upon the open of trading on May 2, 2013. The Company's common stock will begin trading under the new trading symbol "ROTH".
"We are pleased to announce the effectiveness of our name and trading symbol changes as they now more adequately reflects our focus on the production, marketing, and distribution of Sucanon®," stated the Company's CEO Luis Lopez , "It also completes the entry into the public marketplace and of our reorganized company so our shareholders will be more able to identify us."
Sucanon® is a dietary supplement containing natural ingredients. In certain ex-US countries, it is one of only three approved drugs in the multi-billion dollar market for a class of diabetic medications called "insulin sensitizers". Pre-clinical and clinical studies conducted ex-US have shown that Sucanon® and other insulin sensitizers lower a patient's blood sugar by increasing the muscle, fat and liver's sensitivity to the body's own naturally produced insulin. Sucanon® has been approved for prescription sale in China and Peru. Sucanon® is also approved as an OTC treatment for Type-II diabetes by regulatory authorities in Mexico. Sucanon® will be marketed as a dietary supplement in the US.
For further information regarding Sucanon®, please visit PharmaRoth Labs, Inc. website at www.feroindustries.com.
About PharmaRoth Labs, Inc.
PharmaRoth Labs, Inc. (OTCPink: ROTH) is focused on diabetes prevention and treatments. The Company holds the intellectual property and all exclusive world-wide rights related
|SOURCE PharmaRoth Labs, Inc.|
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