Avecho Biotechnology Ord Shs V.AVE

Primary Symbol: AVEFF

Healthcare

Avecho Biotechnology Limited is an Australia-based biopharmaceutical company. The Company develops and commercializes human and animal health products using its drug delivery system called Tocopheryl Phosphate Mixture (TPM). TPM is derived from vitamin E using patented processes. The Company's segments include Production and Human Health. The Production segment manufactures and sells TPM and Vital ET for use in drug delivery and cosmetic formulations. The Human Health portfolio covers delivery of pharmaceutical products through gels, injectables and patches, including conduct of research and development activities. The Company's products pipeline includes Weaner Pig Starter TPM Premix, Poultry TPM Premix, Dairy TPM Premix, Daptomycin, Propofol and Veterinary Applications. The Company is also developing TPM to enhance feed efficiency and the health of livestock. Its TPM products are commercialized under license: Voveran TPM Gel, Instanac TPM Gel, Vital ET, and Ashland TPM.

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Avecho Biotechnology Ord Shs

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Post by aquason Nov 06, 2001 1:35pm

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Post# 4374977

PHN's Liabilities

Sorry crew I forgot to mention PHN's Liabilities.... LIABILITIES CURRENT Accounts Payable $192,594 Owing to Related Parties (Note 4)$155,065 TOTAL LIABILITIES $347,659 NOTE 4 RELATED PARTY TRANSACTIONS Amounts owing to related parties consist of unpaid management fees owing to directors and are unsecured, non-interest bearing and have no fixed terms of repayment. Management fees of $202,506 were paid or payable to directors during the period. The company has issued 5,100,000 MILLION SHARES warrents at &.75 per share to directors in full settlement of previously unreported and unrecorded indebtness totalling $329,429.

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