Fruitflow Update

Provexis PLC 28 February 2007 28 February 2007 Provexis plc ('Provexis') Fruitflow(R) Clears FDA GRAS Review Process Provexis, the nutraceutical company that develops scientifically-proven functional and medical foods, is delighted to announce that the US Food and Drug Administration ('FDA') has no objection to the conclusion that the Fruitflow(R) heart-health technology is Generally Recognized As Safe ('GRAS'), clearing the way for its use in the USA. On 9 March 2006, Provexis announced that an independent Expert Panel affirmed that in their view Fruitflow(R) was safe for consumption in the United States. On 9 August 2006, Provexis served a comprehensive safety notice to the FDA, together with the aforementioned Expert Panel report in accordance with US regulation governing Substances Generally Recognized As Safe. Provexis can now confirm that it has received the formal response from the FDA which confirms that they have no objection to the conclusion that Fruitflow(R) is GRAS under the intended conditions of use. These conditions, as detailed in the Provexis notice to the FDA, include the addition of Fruitflow(R) to fruit juices, fruit-flavoured drinks and yoghurt drinks. Commenting on this positive development Provexis CEO Stephen Moon said: 'The clearance of this regulatory hurdle is an important step in the development of our Fruitflow licensing strategy and one which further strengthens the first-class scientific and regulatory platform underpinning our heart-health technology. I am delighted that we have received the best possible response from the FDA and I expect it to be an important catalyst for our licensing activity in the USA.' For further information please contact: Stephen Moon, CEO Tel: 020 8392 6634 Provexis plc END This information is provided by RNS The company news service from the London Stock Exchange

Companies

Provexis (PXS)
UK 100

Latest directors dealings