BioNeutral signs 'Stand Still' agreement with DFB

BioNeutral Group, Inc. (OTC Bulletin Board: BONU), a specialty technology-based life science company, today announced it has signed a "Stand Still" agreement with a leading pharmaceutical company, DFB Pharmaceuticals, Inc. (DFB).

The Terms of the Agreement are being held Confidential. H. Paul Dorman, Chairman and CEO of DFB Pharmaceuticals, said "We believe BioNeutral's Ygiene and Ogiene technology may have opportunities in a number of markets, with the hospital, professional human and animal health care market as one of the most promising areas. Confirmation of materials compatibility and lack of product residue with flexible endoscopes will be a requirement for commercial development with any potential partner. This testing is expected to be completed within ninety (90) days. DFB will fund the expense to perform this confirmatory testing."

In partnership with Dr. Norman Miner, founder of MicroChem Laboratory, DFB has developed patented sterilant technology and recently developed a FDA approved, patented high level disinfectant product for the endoscopy market. North American rights to this product have been licensed to the Olympus Corporation, which is considered the gold standard of endoscopes.

Dr. Andy Kielbania, Chief Scientist of BioNeutral Group stated: "This confirmatory testing agreement with DFB Pharmaceuticals validates our commitment to providing a new level of safe antimicrobial effectiveness to the health care facility, professional human and veterinary health care market. We are looking forward to working with Dr. Norman Miner of MicroChem Labs, who is a well-known expert in the field of disinfectants and sterilants."

Source:

BioNeutral Group, Inc.

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    Olympus Life Science Solutions. (2019, April 30). BioNeutral signs 'Stand Still' agreement with DFB. News-Medical. Retrieved on June 16, 2019 from https://www.news-medical.net/news/20101122/BioNeutral-signs-Stand-Still-agreement-with-DFB.aspx.

  • MLA

    Olympus Life Science Solutions. "BioNeutral signs 'Stand Still' agreement with DFB". News-Medical. 16 June 2019. <https://www.news-medical.net/news/20101122/BioNeutral-signs-Stand-Still-agreement-with-DFB.aspx>.

  • Chicago

    Olympus Life Science Solutions. "BioNeutral signs 'Stand Still' agreement with DFB". News-Medical. https://www.news-medical.net/news/20101122/BioNeutral-signs-Stand-Still-agreement-with-DFB.aspx. (accessed June 16, 2019).

  • Harvard

    Olympus Life Science Solutions. 2019. BioNeutral signs 'Stand Still' agreement with DFB. News-Medical, viewed 16 June 2019, https://www.news-medical.net/news/20101122/BioNeutral-signs-Stand-Still-agreement-with-DFB.aspx.

Comments

The opinions expressed here are the views of the writer and do not necessarily reflect the views and opinions of News-Medical.Net.
Post a new comment
Post
You might also like... ×
Olympus IXplore SpinSR10 imaging system enables researchers to observe fine details in live cells