$IVRO NEWS - On watch https://backend.otcmarket
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Posted On: 12/08/2019 11:17:17 AM
$IVRO NEWS - On watch
https://backend.otcmarkets.com/otcapi/company...28/content
INVITRO INTERNATIONAL ANNOUNCES ADOPTION OF ITS CORE
TECHNOLOGY OCULAR IRRITECTION®, OECD TG 496
December 3, 2019, Placentia, CA. Today InVitro International (OTC Market, IVRO) announced
that Ocular Irritection® (OI) is now adopted by OECD (Organization for Economic Cooperation
and Development) and available for immediate use globally under Test Guideline (TG 496). OI
is the first 100% animal free ocular irritancy test method to be adopted by OECD and its 36
member countries representing about 80% of global trade, including the United States. This
adoption culminates an 11 year effort with OECD which is viewed as the world’s foremost
Regulatory body for in vitro test methods. OI is part of IVRO’s 28 year old Irritection® Assay
System (IAS), along with companion test method Irritection® Dermal that tests for skin
irritancy.
IVRO CEO, W. Richard Ulmer, commented on OI’s new globally accepted status, “It has been a
lengthy, yet very rewarding process to gain OECD final adoption. In 1985 IVRO pioneered
100% cruelty free test methods when there was not even one specific regulatory body to set
standards or approve test methods anywhere in the world. Now 35 years later, OECD adoption
represents the highest scientific review level for any non-animal test method.”
New IVRO President, Atul Jhalani, added: “In our minds, OECD’s (TG 496) OI adoption
provides IVRO’s Irritection® technology fresh legal and scientific credibility. With Corrositex®
(2006), we now have two commercialized in vitro test methods that are globally accepted. It is
our plan to re-launch OI as a unique test method, featuring its lowest cost, fastest results,
simplest to use and install characteristics. We are excited that supporting our efforts will be U.S.
states CA, IL, and several others banning the introduction of new cosmetics starting in 2020, if
they or their ingredients were tested on animals. And the same Federal legislation is now pending
before Congress. Furthermore, we believe that large cosmetics markets such as Brazil &
Colombia plan to follow India, Taiwan and others with a similar ban very soon. It appears to us
and many others that in vitro testing has a very bright future at the expense of animal testing.”
https://backend.otcmarkets.com/otcapi/company...28/content
INVITRO INTERNATIONAL ANNOUNCES ADOPTION OF ITS CORE
TECHNOLOGY OCULAR IRRITECTION®, OECD TG 496
December 3, 2019, Placentia, CA. Today InVitro International (OTC Market, IVRO) announced
that Ocular Irritection® (OI) is now adopted by OECD (Organization for Economic Cooperation
and Development) and available for immediate use globally under Test Guideline (TG 496). OI
is the first 100% animal free ocular irritancy test method to be adopted by OECD and its 36
member countries representing about 80% of global trade, including the United States. This
adoption culminates an 11 year effort with OECD which is viewed as the world’s foremost
Regulatory body for in vitro test methods. OI is part of IVRO’s 28 year old Irritection® Assay
System (IAS), along with companion test method Irritection® Dermal that tests for skin
irritancy.
IVRO CEO, W. Richard Ulmer, commented on OI’s new globally accepted status, “It has been a
lengthy, yet very rewarding process to gain OECD final adoption. In 1985 IVRO pioneered
100% cruelty free test methods when there was not even one specific regulatory body to set
standards or approve test methods anywhere in the world. Now 35 years later, OECD adoption
represents the highest scientific review level for any non-animal test method.”
New IVRO President, Atul Jhalani, added: “In our minds, OECD’s (TG 496) OI adoption
provides IVRO’s Irritection® technology fresh legal and scientific credibility. With Corrositex®
(2006), we now have two commercialized in vitro test methods that are globally accepted. It is
our plan to re-launch OI as a unique test method, featuring its lowest cost, fastest results,
simplest to use and install characteristics. We are excited that supporting our efforts will be U.S.
states CA, IL, and several others banning the introduction of new cosmetics starting in 2020, if
they or their ingredients were tested on animals. And the same Federal legislation is now pending
before Congress. Furthermore, we believe that large cosmetics markets such as Brazil &
Colombia plan to follow India, Taiwan and others with a similar ban very soon. It appears to us
and many others that in vitro testing has a very bright future at the expense of animal testing.”
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