University Lab Technologies Files Patent for ARTHROLVE ULT(TM): University Lab Technologies Announced Today the Filing with the
United States Patent Office for Its Blockbuster Arthroleve ULT(TM)
Product for the Treatment of Arthritis
Today's announcement marks the first of several patents the company has
planned for the products in its product development pipeline. Dr Jarret Morrow, President and Chief Scientific Officer, was quoted as
saying: “We believe that our patent submission
represents a significant step forward in our mission of identifying,
researching, and patenting formulations which are comprised of natural
compounds that have clinically proven efficacy. Our patent filing
represents a significant advancement in the preparation of
pharmaceutical grade nutraceutical products which utilizes our advanced
Slick Cap Technology™ to provide the optimal
absorption mechanism for our key ingredients.” Arthritis represents the number one condition for which patients seek
alternatives to prescription and over the counter pharmaceutical pain
medication. Currently the marketplace for nutraceutical arthritis
products is dominated by products which primarily contain glucosamine
and chondroitin sulfate which take several weeks to work and provide
limited pain relief. Conversely, our revolutionary Arthroleve™
product contains a synergistic combination of three ingredients which
are clinically proven to provide significant relief of arthritic pain.
Clinical studies have demonstrated that two ingredients in our
formulation provide the same level of pain relief as Vioxx™
or Celebrex™, without any significant side
effects. The US joint pain market includes more than 43 million U.S. adults who
suffer from arthritis and chronic pain. Approximately one-half of these
individuals suffer from osteoarthritis. Other common rheumatic
conditions include gout, fibromyalgia and rheumatoid arthritis.
Arthritis affects people in all age groups including nearly 300,000
children. Arthritis accounts for 3% of all hospital intakes and nearly
4% of all ambulance services. Costs to the U.S. economy totals more than
$86.2 billion annually. Statistics compiled by the National Center for
Chronic Disease Prevention and Health Promotion say that Arthritis and
other rheumatic conditions are the main cause of disability in the USA.
By 2030, they estimate that 64.9 million Americans will have been
formally diagnosed with an arthritic condition. Dr. Morrow went on to say: “The withdrawal of
such blockbuster pharmaceutical products such as Vioxx™
and Celebrex™ has left millions of patients
without a safe alternative for the relief of arthritic pain. We feel
that this represents an incredible opportunity for the launch of our
patent-pending, revolutionary Arthroleve product.” About University Lab Technologies
(http://www.universitylabtechnologies.com): Every year university labs
around the globe identify, research and test natural compounds and
formulations which have the potential to improve the quality of life of
our lives. Over 98% of these potentially life changing discoveries are never
commercialized for the benefit of the public. University Lab Technologies, in collaboration with universities
worldwide, researches and identifies those compounds that have proven
evidence based effects and have the greatest potential for improving our
lives. University Lab Technologies' mission is to deliver the latest advances
and discoveries in natural compounds packaged in our unique patented
formulations and delivered to satisfy the needs of consumers for the
treatment of many common chronic ailments.
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