Zila Selects Marketing Partner for Its Proprietary Oral Cancer Screening Product, ViziLite Plus
May 15 2008 - 1:38PM
Business Wire
Zila, Inc. (NASDAQ:ZILA) today announced that it has selected
Panadent Limited to be the exclusive distributor of ViziLite� Plus
with TBlue�, Zila�s proprietary oral cancer screening product, in
the United Kingdom and the Republic of Ireland. Panadent
successfully launched ViziLite Plus at the British Dental
Conference & Exhibition, the British Dental Association�s
annual conference, on May 1-3, 2008 in Manchester, England. Terms
of the agreement were not disclosed. �We believe Panadent is a
strong partner that has the experience and ability to build
ViziLite Plus into a leading brand in the United Kingdom and
Ireland,� said David Bethune, chairman and chief executive officer
of Zila. �Panadent�s specialty in selling dental products to
dentists and hygienists through education, technical expertise and
service will make them an effective marketer of ViziLite Plus. The
U.K. market represents a significant opportunity for Zila and
establishes a solid foothold for expanding throughout the rest of
Europe.� �ViziLite Plus is a much needed oral cancer screening
product for patients in the U.K.,� said Peter Gowers, managing
director of Panadent. �Given that 25% of oral cancers occur in
people who do not smoke and have no other behavioral risk factors,
it is imperative that every adult, particularly those at high risk
for oral cancer, be screened at least once a year. ViziLite Plus is
a proven technology and should prove to be a valuable aid to
practitioners in the United Kingdom.� The population of the U.K.
and the European Union exceed 60 million and 490 million,
respectively. About Oral Cancer and ViziLite Plus Oral cancer is
the sixth leading cause of cancer worldwide. According to American
Cancer Society data, nearly as many women will be diagnosed with
oral cancer as with cervical cancer this year. The key to reducing
the impact of this disease is early detection. ViziLite Plus, an
oral screening technology that utilizes a chemiluminescent light
source (ViziLite) and a patented pharmaceutical-grade vital tissue
dye (TBlue), helps dentists and dental technicians identify and
evaluate abnormalities in the mouth that could potentially harbor
pathologic changes. The ViziLite Plus exam takes only minutes and
is totally painless and non-invasive. Zila began marketing the
product through its direct sales force in the U.S. in February 2007
and in Canada in November 2007. Oral Cancer Risk factors: -- age -
all adults -- gender - more men than women develop oral cancer --
smoking - particularly if combined with heavy alcohol consumption
-- chewing tobacco or using snuff -- heavy alcohol consumption -
particularly if combined with smoking -- excessive sun exposure to
the lips A recent report in the New England Journal of Medicine
suggests that exposure to the sexually transmitted human
papillomavirus number 16 (HPV16) causes oropharyngeal cancer (a
type of oral cancer), and may help explain the increasing incidence
of the disease in younger people. About Panadent Limited Panadent
is a leading supplier of dental products in the United Kingdom and
Ireland. Celebrating its fortieth anniversary this year the company
has significantly grown in recent years due to its ability to bring
�high tech� innovation to the market through its highly
knowledgeable sales team and emphasis on sales supported by
education. About Zila, Inc. Zila, Inc., is a fully integrated oral
diagnostic company dedicated to the prevention, detection and
treatment of oral cancer and periodontal disease. ViziLite� Plus,
the company's flagship product for the early detection of oral
abnormalities that could lead to cancer, is the first and only
adjunctive medical device cleared by the FDA for use in a
population at increased risk for oral cancer. In addition, Zila
designs, manufactures and markets a suite of proprietary products
sold exclusively and directly to dental professionals for
periodontal disease, including the Rota-dent� Professional Powered
Brush, the Pro-Select� Platinum ultrasonic scaler and a portfolio
of oral pharmaceutical products for both in-office and home-care
use. This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. These
forward-looking statements are based largely on Zila's expectations
or forecasts of future events, can be affected by inaccurate
assumptions and are subject to various business risks and known and
unknown uncertainties, a number of which are beyond the Company's
control. Therefore, actual results could differ materially from the
forward-looking statements contained herein. A wide variety of
factors could cause or contribute to such differences and could
adversely affect revenue, profitability, cash flows and capital
needs. There can be no assurance that the forward-looking
statements contained in this press release will, in fact, transpire
or prove to be accurate. For a more detailed description of these
and other cautionary factors that may affect Zila's future results,
please refer to Zila's Form 10-K for its fiscal year ended July 31,
2007 and Form 10-Q for the quarter ended January 31, 2008. For more
information about the company and its products, please visit
www.zila.com.
Zila (NASDAQ:ZILA)
Historical Stock Chart
From May 2024 to Jun 2024
Zila (NASDAQ:ZILA)
Historical Stock Chart
From Jun 2023 to Jun 2024