SHENZEN, China, June 1 /PRNewswire-FirstCall/ - Hard to Treat Diseases, Inc. (HTDS; http://www.htdsmedical.com) and Shenzhen Mellow Hope (www.mellowhope.com) announce, that the company commenced clinical trials for the company's Hepatitis A (brand name MEVAC-A) vaccine.
Following 2 years of cooperation with the Vietnamese Ministry of Health, HTDS reached the stage of clinical trials for its MEVAC-A. To complete the trials, the company obtained the Import License for the samples, and expects to ship those to Vietnam in June 2010.
The company expects to finalize the clinical trials within 6 months. Following the trials, Vietnamese Ministry of Health will release Registration Certificate for the vaccine immediately and the company will start to market its product on this growing market (Domestic growth shown 7% increase from 2000 to 2005).
A source close to the company stated, "The past two years we worked closely with the Vietnamese authorities and now is the time for us to finish and reap the results. We expect to gain a solid spot on the Vietnamese vaccine market. With the Vietnam's population of over 85 million, we expect to ship large quantities of our product to the country and bring solid profits to HTDS and its shareholders."
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Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of Hard to Treat Diseases, Inc. that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project" and similar words and phrases are intended to identify such forward-looking statements. Hard to Treat Diseases, Inc. cautions you that any forward-looking information provided by or on behalf of Hard to Treat Diseases, Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. Hard to Treat Diseases, Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond Hard to Treat Diseases, Inc.'s control. In addition to those discussed in Hard to Treat Diseases, Inc.'s press releases, public filings, and statements by Hard to Treat Diseases, Inc.'s management, including, but not limited to, Hard to Treat Diseases, Inc.'s estimate of the sufficiency of its existing capital resources, Hard to Treat Diseases, Inc.'s ability to raise additional capital to fund future operations, Hard to Treat Diseases, Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match Hard to Treat Diseases, Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Hard to Treat Diseases, Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
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SOURCE Hard to Treat Diseases