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ULURU Inc. Reports Third Quarter 2012 Financial Results
Date:11/15/2012

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

Since our last quarterly report, significant progress has been made and the company has achieved numerous important commercial and financial goals including:

  • Received our first order of Altrazeal® for Europe which will be shipped shortly
  • Entered into a strategic collaboration for the development of our  mucoadhesive OraDisc™ technology
  • Arranged a $2 million financing at a 122% premium to market
  • Completed the production of 0.75 gram Altrazeal® blister pack and made the initial shipment to Australia
  •  Made the first shipment to our commercial partner of the veterinary product Derazil®.
  • Based upon our achievements to date in 2012, we are on target to achieve our previously stated objectives for the year, which include:

  • Launch of Altrazeal® in the veterinary market
  • Launch of Altrazeal® in Australia
  • Launch of Altrazeal® in four markets in 2012
  • Completion of manufacturing scale-up for the new 0.75 gram dosage size of Altrazeal®
  • Completion of equity and debt financings to fund the Company's business plan
  • Entering additional strategic commercialization agreements
  • Commenting on the commercial activities, Kerry P. Gray, President and CEO, stated, "The progress that has been made in the first nine months has been outstanding and provides us with confidence for the achievement of rapid revenue growth in 2013. The introduction of Altrazeal® in Australia which is supported by excellent clinical experiences and the positive clinical response that is being experienced in Europe bodes well for the rapid market ado
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    SOURCE ULURU Inc.
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