VNTA American Design, Inc. featured news, full reports, and detailed charts
American Design, Inc. (VNTA/VNTA.PK) Wrap Up:
Ventana Biotech, Inc., a development stage biotech company, focuses on identifying, evaluating, acquiring, developing and partnering commercialization of intellectual property in the area of drug candidates for personalized medicine. The company focuses in the areas of anti-obesity and related illnesses. It holds rights for the formula for a medicament containing chewing gum with a composition of the extract of hoodia gordonii and 2-hydroxyoleic acid for the treatment of obesity, hypertension, and other metabolic disorders. The company develops appetite suppressant chewing gums, including the low dosage product for the over-the-counter market and the high dosage product for distribution by pharmacists. It intends to market low dosage product though drug and health food stores. The company was formerly known as Personalica, Inc. and changed its name to Ventana Biotech, Inc. in October 2008 as a result of the change in business of the company. Ventana Biotech, Inc. was founded in 1989 and is based in Butschwil, Switzerland.Ventana Biotech, Inc. (VNTA:OTC)
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Key developments for Ventana Biotech, Inc. (VNTA)
Ventana Biotech Inc. announced that it has signed a deal with GTMC, for the distribution of Ventana's appetite suppressant and stress reducing chewing gums. The deal will see Ventana's products distributed initially to South Korea and, later, to Japan through GTMC's network of manufacturing and distribution partners. Under the terms of the deal, GTMC will negotiate agreements whereby GTMC will cover the initial costs and, thereafter, manufacturing and distribution costs will be paid through revenue share agreements. This arrangement enables Ventana to participate in the lucrative alternative biotech market without having to provide any of the upfront costs. In South Korea alone, the import of medical products has risen approximately 30% per year for the past 5 years. South Korea is among the top 15 economies in the world and its population expects a high level of medical care and choice of products. Medicated chewing gum is on the rise in South Korea and this agreement positions Ventana to be a leading supplier in an estimated billion dollar market in 2010. Ventana's first shipments are expected to be distributed in South Korea no later than the second quarter of 2010.
Ventana Biotech Inc. announced it has signed is in collaboration negotiations with PE Consortium Ltd, a company that focuses on the research and development and outsourcing of new obesity treating drug targets. The two companies have signed a Letter of Intent with a view to sign a collaboration agreement. The two companies have formalized their desire to collaborate in a recent Letter of Intent, and are presently preparing the contractual details of their collaboration. They plan to primarily focus on the sourcing of obesity treatments, but are open to future expansion to other therapeutic areas as well. PE Consortium Ltd.'s strength lies in identifying and acquiring promising obesity treatments through the relationships it has built with academic research institutions around the world, their expertise and experience in that area would be a welcome enhancement to Ventana's current sourcing efforts.
Ventana Biotech Inc. announced that it is conducting research in developing a Stress Suppressing Chewing Gum that builds on its experience with its current line of anti-obesity products. Having gained experience with stimulating the body's own natural hormones in suppressing appetite, Ventana has commenced similar research with the aim of suppressing stress.
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More Recent News About American Design, Inc.
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Ventana Pre-liminary Offer for Its IP
NEW YORK, NEW YORK--(Marketwire - 10/26/09) - Ventana Biotech Inc. ("Ventana") (PINK SHEETS:VNTA - News), a biotechnology company developing an appetite-suppressing and stress reducing chewing gum, today announced it has been contacted by a US company for the acquisition of its intellectual property. Ventana was approached by a US based company early in October and has entered into early negotiations regarding the sale of Ventana's intellectual property. Management wishes to emphasis that the negotiations are in the early stages and it remains uncertain as to whether the parties will be able to arrive at a definitive mutual agreement. However, management deemed it prudent and in the best interests of its shareholders to inform the shareholders of these negotiations.Ventana expects to be able to make a further announcement regarding the status of the negotiations within the next two weeks as negotiations are progressing.About Ventana Biotech IncVentana is positioning itself as the leading bioscience company in the development and commercial licensure of novel therapeutic medical chewing gum drug treatment. The company leverages cutting-edge research collaborations to achieve breakthroughs in innovative medical chewing gum treatments, and then licenses these patent pending product candidates to Big Pharmaceutical and Biotechnology companies.FORWARD-LOOKING STATEMENTS:Statements about Ventana's future expectations and all other statements in this press release other than historical facts are "forwar...Click here to read the whole Article (external link)
Ventana Issues Clarifying Press Release
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Ventana Moves to the OTCBB
NEW YORK, NEW YORK--(Marketwire - 09/15/09) - Ventana Biotech Inc. ("Ventana") (PINK SHEETS:VNTA - News), a biotechnology company developing an appetite-suppressing and stress reducing chewing gum, today announced that it has retained legal counsel for the purpose of filing a Form S-1 Registration Statement with the US Securities and Exchange Commission. The shares to be included in the Registration Statement will be all those restricted shares currently held by non-affiliated shareholders as well as new shares to be issued by Ventana. Ventana will not receive any of the proceeds from the sale of the shares by its stockholders but intends to use the net proceeds it receives from the offering of the new shares for general corporate purposes and for the acquisition of further intellectual property and patent rights. The number of shares to be registered and the price range for the offering have not yet been determined.The Company expects to file the Registration Statement relating to these securities in the 4th quarter of 2009. These securities may not be sold nor may offers to buy be accepted prior to the time the Registration Statement becomes effective.This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which the offer, solicitation or sale of securities would be unlawful prior to their registration and qualification under the securities laws of any such state or jurisdiction.About Venta...Click here to read the whole Article (external link)
Ventana Signs Asian Distribution Deal
LONDON, UNITED KINGDOM--(Marketwire - 09/09/09) - Ventana Biotech Inc. ("Ventana") (PINK SHEETS:VNTA - News), a biotechnology company developing medicated chewing gums, today announced that it has signed a deal with GTMC, a Korean distribution company, for the distribution of Ventana's appetite suppressant and stress reducing chewing gums. The deal will see Ventana's products distributed initially to South Korea and, later, to Japan through GTMC's network of manufacturing and distribution partners. Under the terms of the deal, GTMC will negotiate agreements whereby GTMC will cover the initial costs and, thereafter, manufacturing and distribution costs will be paid through revenue share agreements.This arrangement enables Ventana to participate in the lucrative alternative biotech market without having to provide any of the upfront costs. In South Korea alone, the import of ...Click here to read the whole Article (external link)
Ventana Enters Into a Multi Billion Dollar Market
NEW YORK, NEW YORK--(Marketwire - 08/27/09) - Ventana Biotech Inc. ("Ventana") (PINK SHEETS:VNTA - News), a biotechnology company developing an appetite-suppressing chewing gum, today revealed its progress in the groundbreaking research in tackling yet another of the modern lifestyle-induced illnesses: Stress! Ventana is proud to announce that its research in developing a stress-suppressing chewing gum is progressing. Ventana has already had success with an appetite-suppressing chewing gum. Ventana is validating the effect of a number of common natural and safe elements that combined will lower a person's level of stress hormones, without otherwise common side effects such as drowsiness, moodiness, lack of natural emotions or the like. At this point Ventana is both examining ways of immediately regulating the level of stress hormone, as well as a long-term pre-emptive reduction in the level of stress hormone. These preliminary trials are very promising, and Ventana is aiming to reveal further positive results in greater detail in early 2010.Stress, which can render people unable to work for months, or in the worst cas...Click here to read the whole Article (external link)
Ventana Introduces Stress-Suppressing Chewing Gum
NEW YORK, NEW YORK--(Marketwire - 08/14/09) - Ventana Biotech Inc. ("Ventana") (PINK SHEETS:VNTA - News), a biotechnology company developing an appetite-suppressing chewing gum, today revealed its latest groundbreaking research in tackling yet another of the modern lifestyle-induced illnesses: Stress! Ventana Biotech Inc. is proud to reveal that it is conducting research in developing a Stress Suppressing Chewing Gum that builds on its experience with its current line of anti-obesity products. Having gained experience with stimulating the body's own natural hormones in suppressing appetite, Ventana has commenced similar research with the aim of suppressing stress.A preliminary estimate of the royalty cash-flow from a successful stress-suppressing drug is at USD 1.6 - 1.9 billion over a 10 year period.Stress kills and disables millions of people in the world, where the pressure fo...Click here to read the whole Article (external link)
Combatting Obesity With Appetite-Suppressing Chewing Gum
LONDON, UNITED KINGDOM--(Marketwire - 08/05/09) - Ventana Biotech Inc ("Ventana") (PINK SHEETS:VNTA - News), a biotechnology company that is developing a appetite-suppressing chewing gum, today released information about its groundbreaking appetite-regulating biotechnology. With Ventana's proprietary Anti-Obesity Chewing Gum, users can safely control their appetites without experiencing any of the common side effects common with appetite suppressing drugs. The Gum works by stimulating the body's own natural hormones that regulate appetite. Early indications show the Gum is able to reduce appetite by between 15 and 25 percent. Ventana continues to perfect this promising biotechnology that uses chemicals already produced by the patient's own body, therefore having no side-effects whatsoever.The outlook for anti-obesity treatments such as that of Ventana's is promising, as the anti-obesity market continues to grow, while concurrently, the availability of successful patents is lacking. Morgan Stanley estimates the market for drugs combating Type 2 Diabetes (strongly correlated to obesity) to be in excess of $35 billion by 2012.When successful trials for Ventana's Anti-Obesity Chewing Gum have been concluded, the patent will be out-licensed to Big Pharma companies such as GlaxoSmithKline, Novo Nordisk, AstraZeneca who then pay milestone and licensing fees to Ventana Biotech for use of the patents.The royalty cash-flow from a successful anti-obesity drug is estimated at $1.5 - 1.7 billion.About Ventana Biotec...Click here to read the whole Article (external link)
Ventana Appoints Vijay Guptha to Scientific Advisory Board
LONDON, UNITED KINGDOM--(Marketwire - 08/03/09) - Ventana Biotech Inc ("Ventana") (PINK SHEETS:VNTA - News), a biotechnology company that develops anti-obesity solutions, today announced its appointment of Vijay Guptha, PhD, to its Advisory Board. Mr. Guptha will contribute his expertise and pharmaceutical experience to Ventana's business of sourcing and analyzing new anti-obesity drug targets, and identifying lucrative distribution channels for its patents.Janne Christensen, President of Ventana, said, "We are delighted to have Dr. Guptha join our Advisory Board. He is an esteemed scholar, experienced pharmaceutical research professional and a respected advisor to numerous companies around the globe."Mr. Guptha completed his biology and medical degrees at the University of Birmingham, England, and his PhD at the Stanford School of Medicine. His work experience includes research positions at SmithKline Beecham, and decades of work for large and small British and American pharmaceutical companies, with a specialization in obesity and Type 2 Diabetes research and development.About Ventana Biotech IncVentana is positioning itself as the leading bioscience company in the development and commercial licensure of novel therapeutic anti-obesity drug treatment. The company leverages cutting-edge research collaborations to achieve breakthroughs in innovative anti-obesity treatments, and then licenses these patented drug product candidates to Big Pharmaceutical and Biotechnology companies.FORWARD-LOOKING ST...Click here to read the whole Article (external link)
Beacon Equity Issues Trading Outlook for Ventana Biotech Inc.
DALLAS, July 31, 2009 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring biopharmaceutical company Ventana Biotech Inc. (Pink Sheets:VNTA - News). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision. The investment report on Ventana Biotech Inc. (Pink Sheets:VNTA - News) should be of particular interest to other pharmaceutical companies: Generex Biotechnology Corp. (Nasdaq:GNBT - News), CPEX Pharmaceuticals Inc. (Nasdaq:CPEX - News...Click here to read the whole Article (external link)
Ventana Signs Agreement With Prime Bioresearch
LONDON, UNITED KINGDOM--(Marketwire - 07/29/09) - Ventana Biotech Inc ("Ventana") (PINK SHEETS:VNTA - News), a biotechnology company that is developing an appetite-suppressing chewing gum, is pleased to announce that it will soon enter into a collaboration deal with Prime Bioreseach to develop its propriety biotechnology. The two companies recently signed an Official Letter of Intent to Collaborate, which confirmed Prime Bioresearch's intent to enter a full collaboration agreement with Ventana by the end of this quarter.Ventana will partner with Prime Bioresearch for the project management and outsourcing of the Research and Development for its patented Anti-Obesity Chewing Gum. The two companies are considering collaboration agreements for Ventana's future patents as well.Prime Bioresearch is an experienced drug target acquisition and development company that specializes in developing medicines for markets such as Obesity and Type 2 Diabetes.Janne Christensen, President for Ventana, said, "By collaborating with Prime Bioresearch, we expect to accelerate the development of our proprietary Anti-Obesity Chewing Gum, which will bring us closer to our goal of out-licensing it to Big Pharma and reaping lucrative royalty payments."The royalty cash-flow from a successful anti-obesity drug is estimated at $1.5 - 1.7 billion.About Ventana Biotech IncVentana is positioning itself as the leading bioscience company in the development and commercial licensure of novel therapeutic anti-obesity drug trea...Click here to read the whole Article (external link)
