BALTIMORE, MD--(Marketwired - Jun 18, 2013) - Goldman Small Cap Research, a stock market research firm focused on the small cap and microcap sectors, notes that a recent proliferation of fake malaria and other drugs on the African continent presents a major opportunity for Plandai Biotechnology Inc. (
In a recent feature story published in The Atlantic in early June, an estimated one-third of all malaria drugs in some African countries may be counterfeit or sub-standard. This crisis is a potential disaster for the hundreds of millions people living in areas at risk of malaria transmission in Africa and it could prompt a spike in the estimated 600,000 deaths from the disease this year occurring in the African Region.
However, Plandai may be able to aid in this situation. In a recent study, the Company's Phytofare™ Catechin Extract proved effective in killing the malaria parasite, plasmodium falciparum. In the study, the single and most dominant catechin -- Epigallocatechin Gallate (EGCG) -- was isolated from Plandai's Phytofare™ extract and its effectiveness compared in killing the P. falciparum parasite against a purified EGCG extract.
If the Company is successful in developing a treatment or preventive vehicle for malaria, it could be a very profitable and very swift game-changer for the Company given its South Africa plantation and botanical-based therapeutic and go a long way toward cost-effectively eliminating one of the world's most severe health issues. Plus, given the form and type of treatment, it is unlikely that counterfeit or false Plandai products would be produced, which would provide both a clinical and ethical benefit to those at risk.
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About Plandai Biotechnology, Inc. (