Human Pheromone Sciences Exclusive License Agreement for Its Initial Human Pheromone Technology in Taiwan
(Pact is the Company’s first in
“This agreement represents the culmination of several months of discussions between the parties, after the Licensee had conducted extensive market studies and legal reviews to ascertain and confirm the potential for the success of consumer products containing these compounds in Southeast Asian markets,” a Company spokesperson noted. A spokesperson for the Licensee stated, “we have conducted in-depth marketing and research studies in the Asian markets over the past four years. We plan to develop lines of consumer products to be distributed through our own channels, and sublicense the use of the pheromones to other companies with additional methods of distribution. We want to act as the exclusive agent for Human Pheromone Sciences, Inc. in
Major current clients of the Licensee include Sony Ericsson in Taiwanese department stores, fifty-seven retailers in the Carrefour Mall in
Human Pheromone Sciences, Inc. is a technology-based company, whose proof-of concept products included prestige-priced fragrances and toiletries and environmental products sold under the Natural Attraction(R), REALM(R), innerREALM(R) and EROX(R) trademarks. These products contain mood-enhancing compounds, whose efficacy has been validated at leading universities around the world, and whose use is covered under
The statements in this news release may contain forward-looking statements that involve risks and uncertainties that could cause results to differ from predicted results. Further information on factors that could affect the Company’s results is detailed in the Company’s annual report to shareholders on Form 10-K for the year ended
SOURCE Human Pheromone Sciences, Inc.