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LifeTECH's Sterinetics(TM) System Achieves Multiple Viral Inactivation in Intravenous Immunoglobulin

TORONTO, Dec. 3 1996 /CNW/ - LifeTECH Corporation announced today that its Sterinetics System has successfully inactivated three kinds of hazardous viruses in human Intravenous Immunoglobulin (IVIg). The three virus types inactivated are recognized by North American and European regulatory agencies as animal equivalents of human disease viruses. From a scientific standpoint, inactivation of the animal viruses is accepted as evidence that the human viruses can be eliminated as well. IVIg is an intravenous solution made from human protein extracted from blood, and is transfused into tens of thousands of immune-suppressed patients annually.

Mr. Walter J. Dermott, President and CEO, stated: "Inactivation of these three model viruses provides further confirmation that the Sterinetics System is the world's most advanced technology for viral inactivation of blood products. Our patented, induced oxidative stress process has now been proven to achieve more than 6 logs (log 6) of inactivation of both lipid coated and non-lipid viruses within the same process cycle. To date, no other technology has achieved these results. We will continue our development program to position the Sterinetics System to capitalize on the global $7-10 billion annual marketplace for blood product sterilization."

The three viruses successfully inactivated by the Sterinetics System include the Bovine Viral Diarrhea (BVD) virus, which models the human Hepatitis C virus, and Infectious Bovine Rhinotracheitis (IBR) which is a large Herpes type virus. Also inactivated was the much smaller Adenovirus, which is found both in bovine species and humans.

Viral inactivation of IVIg is part of LifeTECH's continuing development of the Sterinetics System for viral inactivation of multiple blood components such as red blood cells, serum, plasma and platelets. LifeTECH's goal is the elimination of the transmission of disease through blood and blood product transfusions.

LifeTECH Corporation is a Canadian biotechnology company dedicated to developing and commercializing innovative technologies to sterilize blood and other biological fluids. LifeTECH's Sterinetics System is designed to inactivate viruses and bacteria in the global blood supply, including the HIV and Hepatitis viruses. LifeTECH common shares (LFTK) and warrants (LFTK.WT) trade on the Canadian Dealing Network.

From Canada Newswire





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