Novogen Patent Granted in Canada
May 20 2004 - 9:39AM
PR Newswire (US)
Novogen Patent Granted in Canada SYDNEY, Australia, May 20
/PRNewswire-FirstCall/ -- Pharmaceutical company, Novogen , has
been granted patent coverage over its OTC products being sold in
Canada. The patent covers the isoflavone composition of the
products Promensil(TM), Rimostil(TM) and Trinovin(TM). Additionally
the patent covers the use of isoflavone health supplements for the
treatment of menopause symptoms. The CEO of Novogen, Mr.
Christopher Naughton, said the grant of this patent significantly
strengthens Novogen's position in the Canadian market. "The issue
of this Canadian patent will facilitate Novogen discussions with
other companies now engaged in, or planning to enter the market in
which Promensil, Rimostil and Trinovin compete in Canada," Mr.
Naughton said. This patent (# 2,136,233) covers isoflavones in
health supplement tablets and capsules including those sourced from
red clover and soy. Novogen uses red clover as the source of the
four types of isoflavones in its products, and has licensed to
Solae LLC (a joint venture company of DuPont and Bunge), in most
countries of the world including Canada, the rights to health
supplements containing isoflavones extracted from soy. The U.S.
version of this patent as it relates to soy has already been
granted, and under the license from Novogen, Solae has commenced
patent litigation asserting infringement against a number of
parties in the U.S. More information on the Novogen group of
companies and their associated technology developments can be found
at http://www.novogen.com/ and at
http://www.marshalledwardsinc.com/. Statements included in this
press release that are not historical in nature are
"forward-looking statements" within the meaning of the "safe
harbor" provisions of the Private Securities Litigation Reform Act
of 1995. You should be aware that our actual results could differ
materially from those contained in the forward-looking statements,
which are based on management's current expectations and are
subject to a number of risks and uncertainties, including, but not
limited to, our failure to successfully commercialize our product
candidates; costs and delays in the development and/or FDA
approval, or the failure to obtain such approval, of our product
candidates; uncertainties in clinical trial results; our inability
to maintain or enter into, and the risks resulting from our
dependence upon, collaboration or contractual arrangements
necessary for the development, manufacture, commercialization,
marketing, sales and distribution of any products; competitive
factors; our inability to protect our patents or proprietary rights
and obtain necessary rights to third party patents and intellectual
property to operate our business; our inability to operate our
business without infringing the patents and proprietary rights of
others; general economic conditions; the failure of any products to
gain market acceptance; our inability to obtain any additional
required financing; technological changes; government regulation;
changes in industry practice; and one-time events. We do not intend
to update any of these factors or to publicly announce the results
of any revisions to these forward-looking statements. DATASOURCE:
Novogen Limited CONTACT: Mr. Christopher Naughton, CEO, of Novogen
Limited, +011-61-(02) 9878 0088; or David Sheon of SciWords, LLC,
+1-202-518-6321, for Novogen Limited Web site:
http://www.novogen.com/ http://www.marshalledwardsinc.com/
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