University Health Industries Launches Natural Pet Health Care Division
BOCA RATON, Fla. (Business Wire EON) June 30, 2008 --
University Health Industries Inc., (OTCBB:UVHI) a Florida corporation
engaged in the development, marketing and sale of proprietary,
patent-pending nutraceutical products, including its leading brands
Arthroleve(TM) and Zenstral PMS(TM), announced today that it is
launching a new pet health care division.
The pet health care division is designed to expand University Health
Industries' current market focus on human health into the pet health
care market. The American Pet Product Manufactures Association (APPMA)
estimates 2008 sales to be $10.3 billion for pet supplies and OTC
medicines.
The lead product will be a pet formulated version of UHI's popular and
successful Arthroleve™ product for joint
health and arthritis, which will be designed with a dosage and delivery
system specific to canines. Small animal veterinary analgesics has been
one of the fastest growing segments of the pet health care market in the
last ten years, since the launch of the non-steroidal anti-inflammatory
drug (NSAID) Rimadyl® in 1996. Due to concerns
over side effects associated with NSAIDS, many consumers choose to try
nutraceutical products first. Currently, the canine joint health market
is led primarily by glucosamine/chondroitin containing products
including SynoviCare® and Cosequin®.
UHI's adaptation of Artholeve™ for the canine
market will allow us to offer consumers a unique patent-pending
formulation with clinically-proven ingredients.
Dean Peloso, Chief Executive Officer of University Health Industries,
was quoted as saying, “UHI's overall strategy
has always included pet health care and we are excited about beginning
the process of moving this forward. This new division complements the
Company's current offerings in both its human health and environmental
products.”
University Health Industries' mission is to deliver the latest
advances and discoveries in natural compounds packaged in our unique
patented formulations including Arthroleve™ (www.arthroleve.com)
as well as Zenstral PMS™ (www.zenstralpms.com)
and delivered to satisfy the needs of consumers for the promotion of
health for many common age-related health concerns. www.universityhealthindustries.com.
Safe Harbor Forward-Looking Statements:
Except for historical matters contained herein, the matters discussed in
this press release are “forward-looking
statements” within the meaning of the safe
harbor provisions of the Private Securities Litigation Reform Act of
1995. Investors are cautioned that these forward-looking statements
reflect numerous assumptions and involve risks and uncertainties that
may affect University Health Industries, Inc. and its subsidiary
businesses (collectively, the “Company”)
and prospects and cause actual results to differ materially from these
forward-looking statements.
Keyword Tags: arthroleve, arthroleve.com, arthroleve testimonial,
pet arthritis, pet health, pet health care, pets, university health
industries
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