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| Neptune and Acasti to Host Management Discussion Broadcast at 4:30 p.m. on Nov. 4th |
| Wednesday, November 03 2010 | |||||||||
Neptune Technologies & Bioressources Inc. and subsidiary Acasti Pharma Inc. to Host Management Discussion Broadcast at 4:30 p.m. on Nov. 4th
Laval, Québec, CANADA – November 3, 2010 – Neptune Technologies & Bioressources Inc. (“Neptune”) (NASDAQ.NEPT - TSX.V.NTB) and its subsidiary, Acasti Pharma Inc. (“Acasti”), will host a management discussion on developments at Acasti during a November 4th Webex broadcast at 4:30 p.m. Eastern Daylight Time (“EDT”). Due to technical difficulties, the Webex broadcast initially scheduled Wednesday, November 3rd at 8:30 a.m. EDT had to be cancelled, Neptune and Acasti management apologizes for the inconvenient. The Webex broadcast is rescheduled at 4:30 p.m. EDT on Thursday November 4th. The discussion will centre on: About
Neptune
Technologies & Bioressources Inc. Neptune is an
industry-recognized leader in the innovation, production and
formulation of science-based and clinically proven novel phospholipid
products for the nutraceutical and pharmaceutical markets. The
Company focuses on growing consumer health markets including
cardiovascular, inflammatory and neurological diseases driven by
consumers taking a more proactive approach to managing health and
preventing disease. The Company sponsors clinical trials aimed to
demonstrate its product health benefits and to obtain regulatory
approval for label health claims. Neptune is continuously expanding
its intellectual property portfolio as well as clinical studies and
regulatory approvals. Neptune’s products are marketed and
distributed in over 20 countries worldwide. Acasti Pharma is developing a product
portfolio of proprietary novel long-chain omega-3 phospholipids.
Phospholipids are the major component of cell membranes and are
essential for all vital cell processes. They are one of the
principal constituents of High Density Lipoprotein (good
cholesterol) and, as such, play an important role in modulating
cholesterol efflux. Acasti Pharma’s proprietary novel phospholipids
carry and functionalize the polyunsaturated omega-3 fatty acids EPA
and DHA, which have been shown to have substantial health benefits
and which are stabilized by potent antioxidants. Acasti Pharma is
focusing initially on treatments for chronic cardiovascular
conditions within the over-the-counter, medical food and
prescription drug markets. NeuroBioPharm
is pursuing pharmaceutical neurological applications, and a
clinical study for a medical food product with a multinational
partner is already initiated. The development of a prescription drug
candidate is currently in progress. Advanced clinical development
and commercialization is planned to be carried out with
multinational partners.
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Mr. Bob Beaty Toll Free: 1-888-221-0915 +1 403 221.0915 [email protected] www.howardgroupinc.com |
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Mr. Dan Schustack 212 732.4300 [email protected] www.ceocast.com |