OTCPicks.com, announced today that it has initiated Profile Coverage of Spencer Pharmaceuticals Inc. (Pinksheets: SPPH) on its exclusive penny stock alert service. Spencer Pharmaceuticals is a US-based Pharmaceutical Research and Development Corporation. Spencer Pharmaceutical Inc. announced today that it has formalized the buyout offer with the Al-Dorra Group as a successful results of meetings held in Montreal, Canada over the past week.
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Profile for Spencer Pharmaceuticals Inc. (Pinksheets: SPPH), CLICK HERE
Company Overview
Spencer
Pharmaceuticals Inc. (Pinksheets: SPPH) is a public company specializing in the
identification of new drug delivery applications. A global player in the
biopharmaceutical market, Spencer has forged relationships with two highly
respected laboratories located in Universities throughout the world. Their
focus is on newly patented formulation of existing drugs from the incubation to
the developmental stages or newly synthesized drugs able to cross the
blood-brain barrier. The company's partners are experienced researchers
providing years of research, now ready for the drug-development status.
Spencer is currently focusing on the development of 2 patented applications (ready for Human trial) in the treatment of Central Nervous System diseases and of Diabetes:
L’Institut National des Sciences Appliquées de Rouen (INSA Rouen) has discovered a new technology in the challenging area of drugs delivered to the Central Nervous System through an innovative approach that allows the crossing of the blood-brain barrier and dramatically reducing the side effects of drugs used for neurological diseases.
L’Universite du Québec à Montréal (UQAM) has discovered how to control the release of existing therapeutics molecules in order to increase their bio-availability and systemic efficacy.
The
company's goal is to develop a portfolio of pro-drugs with the ability to
outclass the current commercial drugs.
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Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
Disclosure:
OTCPicks and
affiliates have been compensated ten thousand dollars by a third party (IAB
Media) for this current SPPH email promotion.
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