WESTON, Fla., Oct. 13 /PRNewswire-FirstCall/ -- It is illegal in the state of California to unsafely dispose of "sharps" (medical waste such as needles and syringes) in the home, and thanks to California State Senator Joe Simitian's Senate Bill 486, and contributors from his annual "There Oughta Be A Law" contest, 1 million Californians will not be breaking the law anymore (see http://www.ciwmb.ca.gov/hhw/sharps/).
American Scientific Resources, Inc. (Pink Sheets: ASFX) (the Company), is pleased to note that the SB 486 has been approved by Governor Schwarzenegger, providing Californians with a safe way to dispose of their sharps at home. Approximately 386-million sharps are generated each year in California that need to be disposed of (source).
This new law will require pharmaceutical companies to submit plans to the California Integrated Waste Management Board on how they propose to support the patients who use their drugs by providing safe needle collection and disposal programs. Additionally, they will be required to provide the specialty medication users (such as those with multiple sclerosis, diabetes, rheumatoid arthritis, hepatitis and HIV) with information on their websites on the various product options available to safely and easily manage their sharps.
Jason Roth, ASR's Senior Vice President comments, "Not only is this a triumph for numerous Californians, but it is also creating corporate responsibility in the green movement and holding pharmaceutical companies accountable for the proper disposal of their patients safe needle disposal. ASR is very much looking forward to continuing discussions with the pharmaceutical manufacturers about how we can meet their needs in the US and the rest of the globe."
ASR manufacturers the world's only FDA approved home needle destruction device (NDD), the Disintegrator(TM) and Disintegrator Plus(TM). The Disintegrator enables patients who give themselves injections to properly and safely dispose of needles at home.
About American Scientific Resources, Inc.
American Scientific Resources, Inc. is the parent company for wholly-owned subsidiaries, Kidz-Med, Inc. and Heart Smart System. The Company's objective is to locate and acquire innovative health and safety products that are successfully sold abroad, and to introduce and promote them to the North American market.
More information about the Company, including financial information, can be found on the ASFX web site at www.americansci.com. For product information, visit the Company's subsidiary, Kidz-Med, Inc. at www.kidzmed.com.
This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.
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SOURCE American Scientific Resources, Inc.
|SOURCE American Scientific Resources, Inc.|
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