Zila, Inc. Completes the Sale of Zila Swab Technologies
July 25 2006 - 7:30AM
Business Wire
Zila Inc. (Nasdaq GM: ZILA) has closed on the sale of the assets of
its Zila Swab Technologies, Inc. or "IST" subsidiary to Great
Midwest Packaging, LLC. IST manufactures and markets plastic molded
products that are used in various specialty packaging applications.
The sale is consistent with Zila's strategy of focusing its
business on cancer detection technologies and divesting non-core
assets. About Zila Zila, Inc., headquartered in Phoenix, is an
innovator in preventive healthcare technologies and products,
focusing on enhanced body defense and the detection of pre-disease
states. Zila has three business units: -- Zila Biotechnology, a
research, development and licensing business specializing in
pre-cancer/cancer detection through its patented Zila Tolonium
Chloride and OraTest(R) technologies. -- Zila Pharmaceuticals, a
manufacturer and marketer of products to promote oral health and
prevent oral disease, including ViziLite(R) Plus oral examination
kits and Peridex(R) prescription periodontal rinse. -- Zila
Nutraceuticals, manufacturer and marketer of Ester-C(R) and
Ester-E(R), branded, highly effective forms of Advanced Protection
vitamins C and E. For more information about Zila, visit
www.zila.com.
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