SCHOFIELD, Wis., Dec. 12, 2011 (GLOBE NEWSWIRE) -- PuraMed BioScience Inc. (OTCBB:PMBS) is pleased to announce the appointment of Charles A. Phillips to the Board of Directors. Phillips began his pharmaceutical career in 1989 when he helped create, via an IPO, The Quigley Corporation, which he was, until the company's take over in 2009, the COO and Board member.
Quigley Corporation was responsible for one of the most successful launches of an over the counter product, Cold-Eeze™ in 1992. From the product's start, Phillips was responsible for its formulation development, manufacturing refinements, further clinical testing, production ramp-up, packaging, distribution, marketing, as well as sales and advertising. During his tenure, the Company took the product to national distribution in all major drug chains, mass-market stores and it became the number one Pharmacist recommended product in the cough/cold category.
Russ Mitchell CEO of PuraMed BioScience, said, "I have known Charles Phillips for many years and his track record of successfully developing and launching new products makes him an excellent addition to the board. I believe he will bring a fresh perspective and a wealth of contacts and will be in a position to add value from the beginning."
Mitchell had the opportunity to work directly with Phillips in the past when he was serving as the Master Broker for The Quigley Corp. during the launch of Cold-Eeze. Together they were instrumental in placing Cold-Eeze into approximately 50,000 retail outlets across the United States.
About the PuraMed BioScience, Inc.:
PuraMed BioScience, Inc. engages in the research, development and marketing of non-prescription medicinal and healthcare products. PuraMed has completed a double blind placebo clinical trial for its leading product, LipiGesic®M, a sublingual acute treatment for the relief from migraine headaches, which was published in the top-tier medical journal, Headache. Please see the following link to view the abstract of that study. http://onlinelibrary.wiley.com/doi/10.1111/j.1526-4610.2011.01910.x/abstract. LipiGesic®M has national distribution and is available nationwide in some of the largest chain drug stores in the United States. In addition to LipiGesic®M, the Company also has plans to launch LipiGesic®H for tension-type headaches as well as LipiGesic®PM which provides a remedy for insomnia and other sleep disorders.
Forward-Looking Statements:
This news release contains forward-looking statements regarding PuraMed BioScience and its future business plans, which statements involve known and unknown risks and uncertainties. Such risks and uncertainties may cause actual results and future achievements of PuraMed BioScience to be materially different than those implied by these forward-looking statements. PuraMed BioScience has and undertakes no obligation to provide public updates and revisions to these forward-looking statements to reflect any changes in its expectations of future events.