Thursday, 2 August 2007

Independent Analysis Confirms Cholesterol Benefits Of Neptune's Krill Oil

A team of renowed researchers has given high marks to Neptune Krill Oil (NKO™) (NTB - TSX V) in the management of dyslipidemia with the completion of a population-based risk–benefit and a health-economics analysis study.

The team was comprised of Dr. Keith Worsley MSc., PhD, FRSC and recipient of the Gold Medal, Statistical Society of Canada, affiliated with McGill University of Montreal, Dr. Shahin Jaffer, MD, FRCPC Head, Department of Medicine, Delta Hospital, University of British Columbia and Dr. A. Shekhar Pandey, B.Sc., MD, FRCPC, ABIM, CBNC, Adult Invasive, Non-invasive, & Preventive Cardiologist, Cambridge Cardiac Care Centre, Cambridge, Ontario.

The management of cholesterol problems is a front and centre issue for a large part of the population. All one has to do is remember there's a reason that Pfizer's well known Lipitor (a statin) is the best selling drug in the world.

The news release issued by NTB today is quite detailed and deserves attention. To review the information click here.

There was a key line in the release, which is as follows: “Benefit, risk and economic assessments are now the pivotal points not only for government approval of medicine for treatment of diseases that require long-term care but is also considered an important factor for the pharmaceutical industry decision makers before taking over the development of a new drug” stated Dr. Tina Sampalis M.D., Ph.D., Vice-President of R&D and Business Development of Neptune.

We highlighted some of the above as it is well known that Neptune has been working over the past number of months to conclude an arrangement with a pharmaceutical company in regards to utilizing NKO™. This latest development is likely to be a key to shaping the negotiations that have been underway for some time.

The market may take a little time to digest the importance of this announcement but it certainly is another piece of the puzzle that is forming into quite a picture for Neptune.