Published on February 4, 2010 at 12:11 AM
HealthSport, Inc. (OTC Bulletin Board: HSPO), the preeminent formulator and developer of edible, multi-layer film strips that deliver drug and dietary supplement actives through buccal and sublingual absorption as well as oral ingestion, announced today that the Mexican Institute of Industrial Property has approved HealthSport's patent application relating to its bi-layer edible film strip technology.
The patent issuance opens the door for sales and distribution into Mexico, and is expected to accelerate HealthSport's move into the international marketplace. The Mexican market for OTC drugs is larger than that of China and is a natural next step into international sales and distribution of HealthSport's products.
The issuance of the Mexican patent also strengthens HealthSports's commitment to develop products based on it's next-generation drug delivery technology.
"We have long recognized the unique value that our film strip technology can provide to consumers through a number of different products, and the recently issued Mexican patent reinforces this belief, further demonstrating the proprietary nature of our technology."
HealthSport currently has seven additional patent applications pending in the U.S. and several other countries.
SOURCE HealthSport, Inc.