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CEO concerned that Wall Street reporter’s inaccurate reports are becoming a safety issue (NASDAQ:OCLS) (NASDAQ:TSCM)


Pasadena, CA - 06/29/09 - BioMedReports.Com, the news portal covering the biomedical sector that delivers financial and investment intelligence to a community of highly informed investors has conducted an exclusive interview with Hoji Alimi, CEO, President and Founder of Oculus Innovative Sciences(NASDAQ:OCLS).

In it, Mr Alimi responds to an article by Adam Feuerstein of TheStreet.Com (NASDAQ:TSCM) which reported that Mr. Alimi’s company “appeared to be skirting U.S. drug laws by claiming that its wound-cleansing product containing common diluted bleach has drug-like therapeutic properties.”

“This is becoming a patient safety issue and putting public safety at risk,” Alimi tells BioMedReports during the recorded interview. “It’s no longer [about] attacking a company and the market potential and market cap. You’re damaging public safety.”

“When you haven’t done your due diligence and you don’t understand the basic chemistry of our product [and] you make recommendations like that you are putting patients’ safety at risk,” insists Alimi. “There has to be a level of integrity in the research written and I think that’s really lacking in their case.”

Investors are invited to listen to the interview at BioMedReports.Com

Biotech investors interested in seeing the complete database of clinical trials and upcoming FDA decisions can access that information here:

Disclosure: No positions.


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 FDA Calendar
 Adam Feuerstein
 Hoji Alami
 Oculus Innovative Science
 Clinical Trials

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