(Dallas, TX. – October 5, 2011) StockGuru Shines its Spotlight on Alliqua, Inc. (OTCBB: ALQA) (FWB:HL1). The Company is an advanced biomedical products company focused on the development and manufacturing of proprietary drug delivery and liver health technologies. Yesterday it was announced that it signed an agreement with INC Research, LLC (“INC Research”), a therapeutically focused clinical research organization (CRO), to assist in the development of its upcoming first-in-man trials and its Phase I clinical trials with respect to the development of the Company’s transdermal pain patch project. The Company closed on October 4, 2011, at $0.068, trading in a fifty-two week range of $0.30 – 0.06.
Richard Rosenblum, president of Alliqua commented, “Contracting INC Research is yet another important step towards our first-in-man trial with respect to the development of our PHN pain patch. The experience that INC Research’s team brings to the table is invaluable, having been involved in development of multiple pain patch therapies on the market.”
About INC Research, LLC
INC Research is a therapeutically focused clinical research organization with a high-performance reputation for conducting global clinical development programs of the highest integrity. Pharmaceutical and biotechnology companies look to INC Research for a complete range of customized Phase I through Phase IV programs in all therapeutic areas and innovative pediatric and women’s health trials. The company’s Trusted Process® methodology and therapeutic foresight lead customers to more confident, better-informed drug and device development decisions. INC Research is headquartered in Raleigh, NC. For more information please visit www.incresearch.com or follow us at @inc_research.
About Alliqua, Inc.
Alliqua, Inc. (OTCBB:ALQA) (“Alliqua”), is an advanced biomedical products company focused on the development and manufacturing of proprietary technologies in the fields of drug delivery, advanced wound care and liver health preservation. Through its wholly-owned subsidiary, Alliqua BioMedical, Inc., Alliqua intends to develop active ingredient and transdermal drug delivery products, primarily utilizing the proprietary hydrogel technology platform of AquaMed Technologies, Inc. (“AquaMed”), Alliqua’s subsidiary.
AquaMed manufactures custom hydrogels used for transdermal drug delivery, wound care, medical diagnostics, and cosmetics. These products use proprietary manufacturing technologies which enable AquaMed to produce what is known in the healthcare industry as high water content, electron beam cross-linked aqueous polymer sheet hydrogels. AquaMed believes that it is one of two manufacturers in the world for these gels. Alliqua’s third subsidiary, HepaLife Biosystems, Inc., focuses on the development of a cell-based bioartificial liver system, known as HepaMate™.
Any statements contained in this press release regarding our ongoing research and development and the results attained by us to-date have not been evaluated by the Food and Drug Administration.
For additional information, please visit www.alliqua.com
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