STRATUS Focus on
Dermatological and Wound Care Markets Kendall, FL October
10,2003
STRATUS PHARMACEUTICALS INC., a minority
owned pharmaceutical distributor and manufacturer of dermatology
and wound care specialty products with an emphasis in cost containment
announced today that, in continuing with our commitment to the
wound care industry, we have established a web site link that
will offer Health Care Providers information and answers regarding
wound care questions.
Click
on this link to ask the wound care specialist
This link will connect the Health Care Provider
with Stratus’s wound care specialist, Dr. Oscar Barreto,
DPM, RN,FACFAS,CWS. Dr. Barreto is a professor of Foot Surgery
and Director of the Residency Program at Larkin General Hospital
in Miami. In order to access this service please go into the Stratus
web-site www.stratus pharmaceuticals.com and connect with the
Press Release section.
Mr. Alberto Hoyo, president and chief executive
officer commented “our commitment to wound care continues,
and we are very proud to offer this service to Health Care Providers”.
In addition, Mr. Hoyo, added “our product development efforts
will be pursued both independently or in collaboration with corporate
partners, and includes marketed drugs as well as drugs under development”.
We will selectively consider acquisition and cross-licensing opportunities
of other technologies or products consistent with our objectives
in these two clinical areas.
The Company’s dermatology program has
near-term emphasis on the treatment of hyperpigmentation, eczema,
dermatitis, hyperhidrosis, bacteria and fungus infections with
applications in the Podiatry Market. The Wound Care program concentrates
in products for the debridement and healing of wounds with three
products with unique dosage form sizes and another product in
the pipeline. Peviderm, a patented wound care cleanser and healing
product, helps in the control of wound infections and is an integral
part of our Wound Care Program; Peviderm has just recently received
an additional patent.
On December 17, 2002 Stratus completed its
reorganization plan in a record time of 10 months during which
there were no disruption in customer service or manufacturing
and quality of the products. Management is engaged in the continued
growth of the company. The financial position of Stratus is a
solid one that will increase as the years progresses. Mr. Hoyo
said that the future of Stratus is brighter than a year ago now
that all legal battles have been settle.