Innovative Cold Sore Treatment Device Virulite Comes to US
Successful in the UK, Device Reduces Healing Time by up to 50%
COSTA MESA, Calif. (Business Wire EON/PRWEB ) January 18, 2008 --
Virulite, LLC, a medical device manufacturer dedicated to developing the
market for an innovative new treatment for cold sores, today announced
that it has retained Compass Point Capital, Inc. and Murphy Business and
Financial Corporation as its mergers and acquisitions advisors.
Virulite, LLC has validated the US market for the Virulite device by
successfully completing clinical trials and is presently in the process
of obtaining FDA clearance. The Virulite product is successful in the UK
and is both approved by the British National Health Service and CE
marked.
The Virulite product, (patents granted and pending), is a portable, hand
held device that uses an invisible, non-thermal band of near-infrared
light. Virulite was developed in the UK after ten years of research and
development, and has been medically proven in independent clinical
trials to reduce the healing time of cold cores by up to one half.
The company completed a US market test of the product through Walgreen’s
online distribution channel, where Virulite outsold all competing cold
sore remedies, including the current market leader, the topical cream
Abreva by GlaxoSmithKline (GSK). In addition, Virulite received numerous
customer testimonials from users who experienced astonishing results.
Virulite, LLC recognizes the product requires a home with an established
pharmaceutical, health product or medical device company in order to
effectively penetrate the estimated $4 billion cold sore remedy market,
and is actively seeking suitors.
About Virulite, LLC
Virulite LLC is focused on developing consumer markets using the
Virulite 1072 nanometer technology. While the cold sore treatment
is proven, the technology also has shown anecdotal success in treating
genital herpes, bacterial infections and warts (clinical trials are
underway for the latter two). For more information, visit http://www.virulite.com
About Compass Point Capital, Inc. and Murphy Business and Financial
Corporation
Compass Point is a leading west coast mergers and acquisition firm
specializing in middle market companies and will be working with Murphy
Business, one of the largest business sales organizations with offices
nationwide. For more information, visit http://www.compasspointcapital.com
and http://www.murphybusiness.com
See the original story at: http://eon.businesswire.com/releases/virulite/device/prweb638501.htm
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