Star Scientific Plans Worldwide Marketing And Sales Of Cigrx(tm) Nutraceutical In Partnership With I

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5th November 2009, 10:51am - Views: 796





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MEDIA RELEASE PR36948

Star Scientific Plans Worldwide Marketing and Sales of CigRx(TM) Nutraceutical in Partnership with

inVentiv Health


PETERSBURG, Va., Nov. 5 /PRNewswire-AsiaNet/ --


    Star Scientific, Inc. (Nasdaq: STSI) announced today that the company plans to introduce the CigRx(TM)

nutraceutical product developed by its subsidiary, Rock Creek Pharmaceuticals, for worldwide marketing and

sales in partnership with inVentiv Health, Inc. (Nasdaq: VTIV). inVentiv Health offers a complete range of

commercialization solutions for every stage of the product lifecycle, in a range of healthcare categories that

includes nutraceutical products. The company has marketing and sales capabilities in 40 countries around the

globe. Jonnie R. Williams, Star's CEO, stated, "Cigarette smoking is the leading cause of preventable death in

the world. However, the global cigarette business, which now exceeds $300 billion, continues to grow. Our

goal is to make CigRx(TM) available to adult smokers worldwide who wish to maintain a nicotine-free

metabolism." Rock Creek Pharmaceuticals will be responsible for the manufacturing of CigRx(TM), and the

company anticipates that inVentiv Health will be involved in the product marketing and sales, with a focus on

product education for physicians and health care professionals, as well as consumers.




    Star also announced that it has retained McColl Partners LLC to advise the company on a range of

corporate finance matters, including the assessment of strategic initiatives involving new products. McColl

Partners, an independent investment banking firm co-founded by Hugh McColl, former Chairman of Bank of

America, specializes in the needs of management and owners of middle-market companies. The firm offers

strategic advice and assistance to its clients regarding mergers and acquisitions.


    This press release contains certain forward-looking statements within the meaning of the Private Securities

Litigation Reform Act of 1995. Star Scientific, Inc. and its consolidated subsidiaries (collectively, the

"Company") has tried, whenever possible, to identify these forward-looking statements using words such as

"anticipates", "believes", "estimates", "expects", "plans", "intends" and similar expressions. These statements

reflect the Company's current beliefs and are based upon information currently available to it. Accordingly,

such forward-looking statements involve known and unknown risks, uncertainties and other factors which

could cause the Company's actual results, performance or achievements to differ materially from those

expressed in, or implied by, such statements. These risks, uncertainties and contingencies include, without

limitation, the challenges inherent in new product development initiatives, the uncertainties inherent in the

progress of scientific research, the Company's ability to raise additional capital in the future necessary to

maintain its business, potential disputes concerning the Company's intellectual property, risks associated with

litigation regarding such intellectual property, potential delays in obtaining any necessary government

approvals of the Company's low-TSNA tobacco products, market acceptance of the Company's new

smokeless tobacco products, competition from companies with greater resources than the Company, the

Company's decision not to join the Master Settlement Agreement ("MSA"), the effect of state statutes adopted

under the MSA, and the Company's dependence on key employees and on its strategic relationships with

Brown & Williamson Tobacco Corporation in light of its combination with RJ Reynolds Tobacco Company, Inc.

The impact of potential litigation, if initiated against or by individual states that have adopted the MSA, could

be materially adverse to the Company.


    Although the Company believes the expectations reflected in such forward-looking statements are based on

reasonable assumptions, it can give no assurance that the expectations will be attained or that any deviation

will not be material. See additional discussion under "Risk Factors" in the Company's Annual Report on Form

10-K for the year ended December 31, 2008, as filed with the SEC on March 16, 2009, and other factors

detailed from time to time in the Company's other filings with the SEC, available at www.sec.gov. This

information is current as of this date. The Company undertakes no obligation to update or advise upon any

such forward-looking statements to reflect events or circumstances after the date of this press release or to

reflect the occurrence of unanticipated events.


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    About Rock Creek Pharmaceuticals

    Rock Creek Pharmaceuticals develops pharmaceutical products for treatment of addiction and other

neurological disorders, and other products such asnutraceuticals. The company supports third-party

academic, educational and therapeutic advances in both these areas of research. Rock Creek has

scientific and research offices in Gloucester, MA and a regulatory office in Washington, DC.


    About Star Scientific

    Star Scientific is a technology-oriented tobacco company with a toxin reduction mission. It is engaged in the

development of dissolvable smokeless tobacco products that deliver fewer carcinogenic toxins (principally

tobacco specific nitrosamines, or TSNAs), through the utilization of the innovative StarCured(R) tobacco

curing technology, and in sublicensing that technology to others. Star Scientific has a Corporate and Sales

Office in Petersburg, VA, an Executive, Scientific & Regulatory Affairs office in Bethesda, MD, and

manufacturing facilities in Chase City, VA. For more information, visit



    About inVentiv Health

    inVentiv Health, Inc. (Nasdaq: VTIV) is an insights-driven global healthcare leader that provides dynamic

solutions to deliver customer and patient success. inVentiv delivers its customized clinical, sales, marketing

and communications solutions through its four core business segments: inVentiv Clinical, inVentiv

Communications, inVentiv Commercial, and inventive Patient Outcomes. inVentiv Health's client roster is

comprised of more than 350 leading pharmaceutical, biotech, life sciences and healthcare payor

companies, including all top 20 global pharmaceutical manufacturers. For more information, visit



    Contact:

    Sara Troy Machir

    VP, Communications & Investor Relations

    Star Scientific, Inc.

    301-654-8300


    SOURCE: Star Scientific, Inc.


    CONTACT: Sara Troy Machir, 

             VP, Communications & Investor Relations,

             +1-301-654-8300




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