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ULURU Inc. Reports Second Quarter 2012 Financial Results
Date:8/15/2012

ADDISON, Texas, Aug. 15, 2012 /PRNewswire/ -- ULURU Inc. (OTCQB: ULUR) today announced its financial results for the quarter ended June 30, 2012 and provided a review of its operating activities.

During the past ninety days, the Company has achieved numerous important milestones including:

  • Convertible debt financing
  • Shipment of Altrazeal® to Australia
  • Oral presentation of Altrazeal® at the major European wound care conference in Vienna
  • Production of Altrazeal® for the veterinary market
  • Extensive pre-marketing activities in Australia including generating important clinical experience data
  • Advancement of strategic alliance discussions
  • Based upon the progress made over the first six months of 2012, we are on target to achieve our stated objectives, which include:

  • Launch of Altrazeal® in the veterinary market
  • Launch of Altrazeal® in 5 markets
  • Completion of additional important strategic alliance
  • Commenting on the commercial activities, Kerry P. Gray, President and CEO, stated, "The progress that has been made in the first six months is very exciting. The advancements that are being made in Europe and Australia, which is supported by additional very positive clinical experience, is positioning the Company for rapidly accelerating growth. The response from the wound management community continues to be very enthusiastic which should enable rapid market penetration in Australia and Europe.  The recognition of the potential clinical and economic benefits of Altrazeal® are the driving forces that are accelerating the interest and momentum behind Altrazeal®.  With the introduction of the 0.75 gram blister pack of Altrazeal®, which is currently in the production cycle, our second half revenues will significantly increase."

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    SOURCE ULURU Inc.
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