Gourmetceuticals Announces Licensing Agreement With Curamedics to Develop Functional...

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Thu Oct 23, 2008 8:01am EDT

Gourmetceuticals Announces Licensing Agreement With Curamedics to Develop
Functional Foods for the Human and Veterinary Markets

BIG HORN, Wyo. and SOUTH PLAINFIELD, N.J., Oct. 23 /PRNewswire/ --
Gourmetceuticals, LLC, a company that markets organically derived and
scientifically validated ingredients, today announced the company's
collaboration with specialty pharmaceuticals company, Curamedics
Pharmaceuticals, Inc. The alliance institutes the first collaboration between
the two companies to co-develop functional food products for the human and
veterinary markets, with royalties paid to Gourmetceuticals upon the sale of
products.
    "This collaboration aligns well with Gourmetceuticals' mission to provide
high quality ingredients in products that consumers can easily fit into their
daily regimens," said Garrett Lindemann, Ph.D., CEO of Gourmetceuticals. "The
products will provide consumers with added health benefits that are backed by
more than 20 years of clinical studies, which support the ingredients' safety
and efficacy."
    Terms of the deal include utilizing both of Gourmetceuticals' ingredients,
PPL-240(TM), an antioxidant with photoprotective properties, and GLPH-1(TM),
an immune booster. The companies will co-develop a beverage, candy and
chewable wafers for the human market as well as animal treats for the canine
and equine markets. Products are expected to launch nationally in 2009.
    "Curamedics made a strategic decision to collaborate with Gourmetceuticals
as we enter the growing health and wellness market because of its
scientifically validated ingredients," said Dave Baj, CEO of Curamedics
Pharmaceuticals. "We look forward to a long term partnership with
Gourmetceuticals and to co-developing unique, premium products."
    Further details of the agreement, including commercial distribution of the
products and associated health claims, will be disclosed upon the launch of
the products.
    About Gourmetceuticals
    Gourmetceuticals, LLC is a research-based culinary technology company that
markets organically derived and scientifically tested ingredients for use in
foods and beverages. Its ingredients, GLPH-1(TM) and PPL-240(TM), can
transform human and veterinary products into gourmet functional foods and are
FDA approved for human and animal consumption, GRAS affirmed, kosher and meet
current Good Manufacturing Practices (cGMP) as outlined by the FDA. GLPH-1 is
a polysaccharide extract from botanical yeast that promotes immune health and
PPL-240 is an antioxidant derived from a South American fern that has been
shown clinically to reduce damage from UVA and UVB rays. Both ingredients have
been subject to more than 20 clinical trials that evaluated and supported
their safety and effectiveness in humans and animals. For more information,
visit the Company Web site at http://www.gourmetceuticals.com.
    About Curamedics Pharmaceuticals, Inc.
    Curamedics is a fully integrated specialty pharmaceutical company whose
operating subsidiaries and affiliates provides branded products, excellent
service and innovative technologies to the global healthcare industry. Our
business leverages the expertise and experience of our management team,
research and development, manufacturing capabilities and partnerships. A
balanced strategy including new product development, growth of existing
brands, acquisition and strategic collaborations, will drive our future
growth. The company's products have scientific and clinical performance that
meets our high standards for best in class patient care.
http://curamedicsrx.com/
SOURCE  Gourmetceuticals, LLC

Kara DePolo of Porter Novelli Life Sciences, +1-619-849-5382,
kdepolo@pnlifesciences.com, for Gourmetceuticals, LLC
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