SOURCE: IO News Wire

IO News Wire

March 04, 2011 07:30 ET

(OTC: NFRM) Reaches Agreement With Globe Laboratories

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO News Wire.

NEW YORK, NY--(Marketwire - March 4, 2011) - National Pharmaceuticals Corp (PINKSHEETS: NFRM) announced yesterday that they have reached an agreement with Globe Laboratories to become National's partner to develop its drugs through the final stages.

By contacting with Globe Laboratories, National should see the speed in which its drugs are approved expedited. With 1 in 10 drugs not making final FDA approval, (http://insidebioia.com/2011/02/15/release-of-biobiomedtracker-drug-approval-rates-study/) companies like National need every advantage possible.

With many different aspects to focus on with getting a new drug to market, using a company such as Globe ensures that it is in the hands of an experienced team with a clear defined focus of their role in National's next potential marketed drug.

For more information on National Pharmaceuticals recent news release, please visit http://finance.yahoo.com/news/National-Pharmaceuticals-Corp-iw-14165390.html?x=0&.v=1

Other active stocks are Pfizer Inc (NYSE: PFE), Bristol Myers Squibb (NYSE: BMY) and 02 Secure Wireless (PINKSHEETS: OTOW)

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