Zila to Begin Distributing Its Proprietary Oral Cancer Screening Product, ViziLite Plus, in Greece
July 17 2008 - 2:44PM
Business Wire
Zila, Inc. (NASDAQ:ZILA) today announced that it has selected
Intertrade Dental A.E.S.A. to be the exclusive distributor of
ViziLite� Plus with TBlue�, Zila�s proprietary oral cancer
screening product, in Greece and Cyprus. Intertrade has placed
orders for ViziLite Plus and plans to immediately begin training
its sales representatives and preparing the market for the product
launch. Terms of the agreement were not disclosed. �ViziLite Plus
will provide dental professionals in Greece and Cyprus with an
effective screening tool in the fight against oral cancer," said
David Bethune chairman and chief executive officer of Zila. �We
have experience working with Intertrade and we are confident they
will be a first rate marketing partner. Greece and Cyprus represent
good markets in our continuing efforts to expand our geographical
footprint for ViziLite Plus.� ViziLite� Plus with TBlue�, 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. Peter Chrissopolous
of Intertrade Dental commented, �ViziLite Plus is an exciting new
product for our business and we are pleased to bring this unique
and effective oral cancer screening system to dental professionals
throughout Greece and Cyprus.� The combined population of Greece
and Cyprus is approximately 11.5 million. About Oral Cancer and
ViziLite Plus Oral cancer is the sixth leading cause of cancer
worldwide, and while tobacco and alcohol use are known risk
factors, one quarter of all oral cancer cases occur in men and
women with no risk behaviors. 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 direct marketing ViziLite Plus in the U.S.
in February 2007, Canada in November 2007, and the UK in May 2008.
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
Intertrade Dental Intertrade Dental AE is the first company in
Greece with a full range of mechanical and chemical means of oral
hygiene. Intertrade Dental was founded in 1989 and is based in
Kryoneri Attiki, an industrial park just outside Athens, Greece.
The company sells products to dental offices and clinics and
through direct sales to pharmacies. The company participates in
scientific events, conferences and dental congresses. 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 with TBlue�, 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 Rotadent� 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
April 30, 2008. For more information about the company and its
products, please visit www.zila.com.
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