Proteonomix, Inc. (PROT) Announces That Its Subsidiary Proteoderm, Inc. Has Received the Approval of Its Application for INCI...
11 Novembre 2011 - 10:00PM
Marketwired
PROTEONOMIX, INC. (OTCBB: PROT), a biotechnology company focused on
developing therapeutics based upon the use of human cells and their
derivatives, announced today that the Cosmetic Ingredients Review
Board ("CIR") has approved and assigned an INCI nomenclature to its
innovative Matrix NC-138 Cosmeceutical product, a necessary final
step prior to manufacturing and commercialization of cosmetic
products in the United States.
Michael Cohen, President of the Company, stated: "The approval
of the CIR and its issuance of an INCI name to our Matrix NC-138 is
a significant and momentous occasion. We have now demonstrated that
we are committed to develop and deliver to the market safe and
innovative products. The issuance of the INCI name will allow the
company to move forward with commercialization of our cosmeceutical
product, Proteoderm NC-138 in the USA."
Proteoderm Inc. has developed a line of anti-aging skin care
cosmetics based on its research with stem cell derivatives. We are
the first company to use a matrix of proteins ("Matrix NC-138")
originally discovered in non-embryonic stem cells, to harness the
anti-aging potential in cosmeceutical products.
Mr. Cohen continued: "We anticipate that our efforts to market
the product and partner up with other cosmetic manufacturers will
be greatly enhanced by the issuance of an INCI name."
Based in Washington, D.C., the Personal Care Product Council
("PCPC") has funded the Cosmetic Ingredient Review ("CIR") Expert
Panel as an independent, nonprofit panel of scientists and
physicians established in 1976 to assess the safety of ingredients
used in cosmetics in the U.S. with the support of the U.S. Food and
Drug Administration and the Consumer Federation of America in an
open, unbiased, and expert manner, and to publish the results in
the peer-reviewed scientific literature. The CIR mission is to
review and assess the safety of ingredients used in cosmetics in an
open, unbiased, and expert manner, and to publish the results in
the peer-reviewed scientific literature. Upon conclusion of its
review the CIR issues an International Nomenclature of Cosmetic
Ingredients ("INCI") name to the ingredient. The PCPC does not
regulate but provides information on national and international
regulation. We presently adhere to the Personal Care Products
Council Consumer Commitment Code, including filing timely reports
with the FDA regarding manufacturing and ingredient usage.
About Proteonomix, Inc.:
Proteonomix is a biotechnology company focused on developing
therapeutics based upon the use of human cells and their
derivatives. The Proteonomix Family of companies includes
Proteoderm, StromaCel, National Stem Cell, PRTMI and THOR
Biopharma. Proteoderm, Inc. is a wholly owned subsidiary that has
developed an anti-aging line of skin care products. StromaCel, Inc.
develops therapeutic modalities for the treatment of Cardiovascular
Disease (CVD). National Stem Cell, Inc. is Proteonomix's operating
subsidiary. Proteonomix Regenerative Translational Medicine
Institute, Inc. ("PRTMI") intends to focus on the translation of
promising research in stem cell biology and cellular therapy to
clinical applications of regenerative medicine. Proteonomix intends
to create and dedicate a subsidiary to each of its technologies.
Please also visit http://www.proteonomix.com/,
http://www.proteoderm.com/, http://www.otcqb.com/ and
http://www.sec.gov/.
Forward-looking statements: Certain statements contained herein
are "forward-looking statements" (as defined in the Private
Securities Litigation Reform Act of 1995). Proteonomix, Inc.
cautions that statements made in this press release constitute
forward-looking statements and makes no guarantee of future
performance. Actual results or developments may differ materially
from projections. Forward-looking statements are based on estimates
and opinions of management at the time statements are made.
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Contact: Proteonomix, Inc. Michael Cohen CEO Phone:
+1-973-544-6116 Email: Email Contact
Proteonomix (CE) (USOTC:PROT)
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