Sep 18 2008
American Biotech Labs (ABL), creator of a new class of products based on the company's patented nano-catalytic SilverSol Technology(TM), today announced that the agency responsible for drug and medical device oversight in India - Central Drugs Standard Control Organization ("CDSCO") has approved four new ABL antimicrobial wound care products for sale in India. CDSCO is the Indian counterpart to the U.S. FDA.
The four new antimicrobial wound care products are based on ABL's patented SilverSol Technology and include: a wound wash; a wound disinfectant; an antimicrobial gel; and a patented antimicrobial wound care patch.
"This approval by India's primary drug and medical device oversight organization is a significant milestone for these products and for ABL," said William D. Moeller PhD, Chairman of Clifton Mining Company (OTC: CFTN, 21-percent owner of ABL). "The approval validates the power and efficacy of our technology for wound care. We believe India will be a large market for these products."
"The Indian government has recognized the tremendous potential benefits these products can offer in accelerating heal time and reducing cost and complications of infection - particularly in health care facilities," said Keith Moeller, a Managing Director over sales and marketing for ABL. "We are honored to be on the forefront of technology that can provide improved healthcare outcomes to people around the globe."
ABL will market and sell its new product line in India, consistently identified as one of the world's largest and most dynamic markets, through its partner Viridis Biopharma, headquartered in Mumbai, India. Viridis is a supplier of bio-pharma products and medical devices throughout the Indian subcontinent.
ABL is also currently awaiting 510K regulatory approvals for wound care products in the United States and Singapore.
Separately, recently-completed rigorous efficacy testing of these products has shown strong results against a broad variety of resistant microbes, including the multi-drug-resistant staph infection MRSA (methycillin-resistant staph aureus), VRE (vancomycin-resistant enterococci) and numerous other pathogens.