stock purchase has not been closed and remains subject to stockholder approval and notice, which is expected in the first quarter of 2009.
In addition, ADVB
intends to pursue acquisitions that it believes can help it maintain its profitable operations.
Finally, the innovation and sales effort was awarded with the "Marketing Best" prize in its category, by ADVB
(Associacao dos Dirigentes de Vendas do Brasil).
It has already received seven prizes for the development of Internet achievements (2 Top of Internet Marketing from ADVB
and 5 Best).
Chairman of ADVB
, the first scientist in the world to propose this therapy, said: "We are directing our R&D strategy toward rheumatoid arthritis and other autoimmune diseases.
Simon Skurkovich, President of ADVB
, a recognized pioneer by other scientists in treating immunological disorders, was found to be promising in improving clinical and laboratory measures in AIDS patients during Phase I FDA approved trials conducted previously at Georgetown University between 1986 and 1987.