Lifeline Biotechnologies Continues FDA Filing Preparation Process for the First Warning System™
August 31 2010 - 6:26PM
Business Wire
Lifeline Biotechnologies, Inc. (Pink Sheets: LLBO) announced
today that it has retained a new FDA consulting company to assist
in the preparation and filing of its First Warning System™ 510(k)
application.
Jim Holmes, Lifeline’s CEO, said, “The work by the prior FDA
consulting firm was partially but not fully completed. The process
has caused delays and we have engaged a new firm to assist in the
review of our data. There will be a determination as to the
adequacy and completeness of our data given the ever-changing FDA
requirements. The process is expected to lead to the preparation
and filing of our 510(k). We expect to know soon the extent of any
additional information this new firm may require in order to
complete the 510(k) preparation and submission.”
Holmes continued, “Our efforts continue to attempt to
re-establish DTC’s services regarding the trading of Lifeline’s
shares.”
Lifeline’s website (www.lbti.com) has been comprehensively
updated, providing extensive information on the company, its
history and current affairs.
Safe Harbor: This release includes forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933 and
Section 27E of the Securities Act of 1934. Statements contained in
this release that are not historical facts may be deemed to be
forward-looking statements. Investors are cautioned that
forward-looking statements are inherently uncertain. Actual
performance and results may differ materially from that projected
or suggested herein due to certain risks and uncertainties
including, without limitation, the ability to obtain financing,
successful development of the Company's product or market
acceptance of the product and regulatory and shareholder approval
for anticipated actions.
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