Scottsdale 11/10/2010 2:24:15 AM
News / Finance

Oculus Innovative Sciences, Inc. (OCLS) Teams with Onset Therapeutics to Launch Revolutionary Dermatology Products

QualityStocks would like to highlight Oculus Innovative Sciences (NASDAQ: OCLS). The company is a commercial medical technology company that designs, produces and markets safe and effective tissue care products based upon the Microcyn® Technology platform, which significantly reduces the need for antibiotics while reducing infections and accelerating healing. The Microcyn Technology addresses the need for improved solutions in multiple markets including dermatology, oral care, cosmeceutical, wound care and others.

In the company’s news yesterday,

Oculus reported entry into a definitive agreement with specialty pharmaceutical company Onset Therapeutics.

The agreement will see the two companies cooperating to strategically target the US dermatology market, utilizing OCLS’s Microcyn platform, in conjunction with Onset’s strong domestic commercial footprint to bring innovative products to an eager consumer space.

Initial opportunity in skin diseases like atopic dermatitis (a type of eczema) and related conditions, will quickly accelerate momentum under the engine of Onset’s sales team.

The global market for atopic dermatitis therapeutics in 2009 generated some $643M in revenues (GlobalData) and is expected to grow to $810M by 2016 at a 3.4% CAGR, largely due to a more diverse product mix, higher capacity and the increase in the number of new therapies.

The US atopic dermatitis therapeutics market in 2009 generated $402M in revenues and is expected to grow to $582M by 2016 at a 3.8% CAGR.

FDA clearance and subsequent US commercialization of two dermatology products by OCLS, a spray and a hydrogel based on the Microcyn Technology platform, stand as testimony of how viable this technology is for a variety of parallel markets like oral care and cosmeceuticals.

Solutions derived from the platform have demonstrated robust pathogen eliminating properties, including antibiotic-resistant strains of bacteria (MRSA/VRE), while increasing circulation and reducing inflammation/discomfort, augmenting the host’s natural healing process substantially.

Founder and CEO of OCLS, Hoji Alimi, hailed Onset as a respected and widely recognized “ideal” partner, projected a Q1 2011 date for the initial joint product launch and assured shareholders that subsequent revenue generation would occur in the same quarter.

General Manager of Onset, Doug Abel, expressed his excitement to be working with OCLS, explaining how much the partnership would enhance treatment options for patients and their physicians, creating a safe and powerful new set of healthier choices.

About QualityStocks

QualityStocks, based in Scottsdale, Arizona is a free service that collects data from hundreds Small-Cap and Micro-Cap online Investment Newsletters into one Free Daily Newsletter Report. QualityStocks is dedicated to assisting emerging public companies with their advertising efforts and now has over 750,000+ subscribers that receive The Daily Stock Newsletters.

To sign up for “The QualityStocks Daily Newsletter” please visit www.QualityStocks.net

Please see disclaimer on QualityStocks website: http://Disclaimer.QualityStocks.net

Forward-Looking Statement:
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.