![\"Avila](\"https:\/\/www.send2press.com\/wire\/images\/20-1028x2p-avila-herbals-696x522.jpg\")
<\/em><\/p>\nAvila Herbals began product development activities in the spring of 2020 and optimized several different proprietary extraction techniques. The company developed the formulation and the products and has scaled manufacturing in anticipation for a launch of several different products. Each product contains a unique extract from the Nerium oleander plant. Phoenix has filed several patent applications based on this work related to SARS-CoV-2 infection and the COVID-19 pandemic.<\/p>\n
“We look forward to working with Phoenix Biotechnology. We are committed to developing and manufacturing several new oleander-based products with Phoenix,\u201d commented Dr. Richard Obiso, co-owner and CSO of Avila Herbals. \u201cWe are thrilled to be able to apply our research and manufacturing expertise to the development of these products.\u201d<\/p>\n
The agreements support continued manufacturing so that the product can be made available in the United States and internationally. The agreements also cover the development and manufacture of a pharmaceutical, if clinical trials are approved by the US Food and Drug Administration (FDA); although the specific terms of the agreements were not disclosed.<\/p>\n
Since Q2 CY2020, Avila Herbals and its partners have invested over $4.5 million dollars into the development and commercialization of these products in the New River Valley of Virginia. Avila has created more than 50 full-time jobs in just a few months to support the development and manufacturing of these products.<\/p>\n
\u201cAvila Herbals contributes to the economy of the New River Valley. The company\u2019s research and development of the potential health benefits of the extract of Nerium oleander is impressive, and we thank Avila and Phoenix for their commitment to the region and to the Commonwealth,\u201d said US Congressman Morgan Griffith.<\/p>\n
According to Theresa Obiso, co-owner and CEO of Avila Herbals, \u201cWhen we began our collaborations, we immediately scaled to meet this need; doing so here in Christiansburg allows us to leverage strong local relationships and build a world-class team.\u201d<\/p>\n
\u201cAvila Herbals\u2019 expansion is a significant win for our region\u2019s future and our growing economy,\u201d said Virginia Delegate Nick Rush. \u201cAvila is a technology leader that exemplifies the New River Valley\u2019s entrepreneurial spirit,\u201d Delegate Rush continued. \u201cI wish Avila Herbals much success as it moves forward to becoming one of SWVA’s newest technology success stories.\u201d<\/p>\n
About Avila Herbals<\/strong><\/p>\n Avila Herbals has created a sustainable agriculture program in the New River Valley of Virginia that focuses on the production of the highest quality botanicals for use in nutraceuticals and botanical pharmaceuticals. The team uses supercritical carbon dioxide extraction as well as novel cryo-ethanol methods, and has launched several botanical preparations. Our passion is sustainable agriculture, organic techniques, and biodynamic farming practices. At Avila Herbals, we work hard to exceed regulatory standards, because we believe in sustainability and great quality. All of our products are manufactured in our GMP facilities.<\/p>\n About Phoenix Biotechnology<\/strong><\/p>\n Phoenix Biotechnology, Inc. is a San Antonio, Texas-based biotechnology company that was incorporated in Texas in 2003 to develop promising agents from Nerium oleander with minimal or no side effects for targeted therapy in three areas: malignant tumor growth (an extract of Nerium oleander has been found to bind to discrete cellular targets in solid tumors in vitro and in vivo), neurological disorders (ischemic stroke, Alzheimer’s disease, and Huntington’s disease), and viral diseases. To date, Phoenix has identified potent antiviral activity against Ebola and Marburg viruses, cytomegalovirus, herpes simplex viruses, HIV and HTLV-1, and SARS-CoV-2.<\/p>\n For more information about Avila Herbals, please contact Avila Herbals at info@avilaherbals.com (preferred) or 1-540-808-2314.<\/p>\n On the web: https:\/\/avilaherbals.com\/<\/a><\/p>\n
![https:\/\/www.Send2Press.com\/300dpi\/20-1028x2p-avila-herbals-300dpi.jpg<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"CHRISTIANSBURG, Va., Oct. 28, 2020 (SEND2PRESS NEWSWIRE) — Avila Herbals, a company specializing in novel botanical extraction techniques for both dietary supplements and pharmaceuticals, announced today that it has signed an exclusive global manufacturing agreement and a research and development agreement with Phoenix Biotechnology.<\/p>\n","protected":false},"author":8605,"featured_media":65012,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[602,425,755,12804,1,571,61,227],"tags":[14581,14580],"class_list":["post-65021","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-biotechnology-news","category-agriculture-news","category-alliances-news","category-ap","category-business-news","category-pharma-news","category-health-medical-news","category-virginia-news","tag-botanical-extraction","tag-nerium-oleander","has-post-title","has-post-date","no-post-category","no-post-tag","no-post-comment","has-post-author"],"acf":[],"views":7074,"_links":{"self":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/65021","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/users\/8605"}],"replies":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/comments?post=65021"}],"version-history":[{"count":0,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/65021\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/media\/65012"}],"wp:attachment":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/media?parent=65021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/categories?post=65021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/tags?post=65021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/www.Send2Press.com\/300dpi\/20-1028x2p-avila-herbals-300dpi.jpg\"){kind=link}