Ventana Biotech Inc (VNTA)

Ventana Biotech, Inc., a development stage biotech company, focuses on identifying, evaluating, acquiring, developing and partnering commercialization of intellectual property in the area of drug candidates for personalized medicine. The company focuses in the areas of anti-obesity and related illnesses. It holds rights for the formula for a medicament containing chewing gum with a composition of the extract of hoodia gordonii and 2-hydroxyoleic acid for the treatment of obesity, hypertension, and other metabolic disorders. The company develops appetite suppressant chewing gums, including the low dosage product for the over-the-counter market and the high dosage product for distribution by pharmacists. It intends to market low dosage product though drug and health food stores. The company was formerly known as Personalica, Inc. and changed its name to Ventana Biotech, Inc. in October 2008 as a result of the change in business of the company. Ventana Biotech, Inc. was founded in 1989 and is based in Butschwil, Switzerland.