Xlife Sciences AG: Successful license deal with Vitese Trading GmbH
Xlife Sciences AG (XLS DE): Successful license deal with Vitese Trading GmbH
The Xlife-project company inflamed pharma GmbH has concluded an exclusive license agreement with the Austrian Vitesse Trading GmbH for the sale of its active ingredient ProcCluster(R). ProcCluster(R) has a positive effect on the course of an infection with SARS-CoV-2 and flu viruses due to its anti-inflammatory characteristics. The agreement applies to five European countries and is associated to minimum purchase quantities.
With the license agreement, Vitesse Trading GmbH has secured the exclusive rights for the distribution of ProcCluster(R) in Austria, Hungary, Slovenia, Croatia and Bulgaria. There is also the opportunity of extending the contract to other countries. Treatment with ProcCluster(R) demonstrated promising results in more than 50 treated COVID infections, long COVID or post-COVID vaccination reactions. Adverse Reactions, such as chronic tiredness, exhaustion, persistent lack of energy, cognitive deficits, pain in the limbs, joints and muscles, loss of smell and or taste, dizziness, anxiety syndrome and shortness of breath were alleviated. Hospitalizations could be avoided. According to the management, the aim is to make ProcCluster(R) available to as many patients as possible in the fight against COVID-19. Therefore, inflamed pharma GmbH is in talks with other licensees.
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Issuer: Xlife Sciences AG
Key word(s): Industry
07.10.2021 Dissemination of a Press Release, transmitted by DGAP - a service of EQS Group AG.
|Company:||Xlife Sciences AG|
|Phone:||0041 44 385 84 60|
|Listed:||Regulated Unofficial Market in Frankfurt, Munich|
|EQS News ID:||1238970|
|End of News||DGAP Media|