Hard to Treat Diseases Inc. (PINK SHEETS: HTDS) Slavica Bio Chem Research Group Compete for the "Best Technological Innovation 2
November 16 2010 - 3:01PM
Marketwired
Hard to Treat Diseases (PINK SHEETS: HTDS) www.htdsmedical.com and
Slavica Bio Chem operating subsidiary www.slavicabiochem.com are
delighted to report that IBISS research group after 8 months and 5
levels of competitions passed to the semi-final level of more than
250 competitors for the annual Award "Best technological innovation
in Serbia in the year 2010" announced by Serbian Ministry of
Science and Technological Development.
Prof. Dr. Mirjana Stojiljkovic, a Medical Advisor of HTDS, and
the leader of the team said, "We are proud that, like last year, we
are again among the best realized innovation ideas in Serbia, and
our innovation and the business plan are well accepted. Namely, in
the contest for the Best Technological Innovation in Serbia in the
year 2009, Ministry of Science and Technological Development of
Republic of Serbia awarded our team the second place of all
scientific projects (and the first place for biological science)
competed for this prestigious award, for the establishment of novel
therapeutic approach in reducing and delaying of glial scar
formation, a major factor in the failure of post-injury
neurological recovery after the brain and spinal cord injury. For
this purpose we used RIBAVIRIN, a substance that is in human
practice as an antiviral drug. Importantly, beneficial effect of
D-RIBAVIRIN was retained even 30 days after the cessation of drug
administration. D-RIBAVIRIN treatment could also improve survival
of transplants and new connections restitution between transplanted
and host tissue. This is particularly interesting for embryonic,
genetically modified tissue, and stem cells transplantations.
Additionally, glial scar postponing via applying of RIBAVIRIN might
considerably enhance recovery after brain ischemia or removing of
brain and spinal cord tumors. Considering an enormous potential and
benefit of RIBAVIRIN use in therapy of fore-mentioned patients, we
expect a great breakthrough at the market and attention of
pharmaceutical companies."
Prof. Dr. Mirjana Stojiljkovic added: "Our team wants to thank
CEOs of MMMG who, on the behalf of HTDS, came to support us during
this, for us, breaking point of contest."
At the company website http://www.htdsmedical.com/ very soon you
can find the pictures from the contest. Additional details and
information will be released promptly, via regular news release or
Pink Sheets filing service.
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Treat Diseases Inc., that constitute forward-looking statements for
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you that any forward-looking information provided by or on behalf
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constitutes or is intended as an offer to sell securities or
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Treat Diseases Inc.'s management, including, but not limited to,
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existing capital resources, Hard to Treat Diseases Inc.'s ability
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Treat Diseases Inc.'s ability to repay its existing indebtedness,
the uncertainties involved in estimating market opportunities, and
in identifying contracts which match Hard to Treat Diseases Inc.'s
capability to be awarded contracts. All such forward-looking
statements are current only as of the date on which such statements
were made. Hard to Treat Diseases Inc. does not undertake any
obligation to publicly update any forward-looking statement to
reflect events or circumstances after the date on which any such
statement is made or to reflect the occurrence of unanticipated
events.
Contacts: Investor Relations: 1-647-426-1640;
www.minamargroup.net/helpdesk Investor Relations Department
Inquiry, www.minamargroup.net (IR), for (M&A) and Corporate
Matters, www.minamargroup.com Hard to Treat Diseases Inc.:
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