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Zila, Inc. (ZILAD) Retains William Blair & Company to Review Strategic Alternatives

October 1, 2008 1:03 PM EDT
Zila, Inc. (NASDAQ: ZILAD) has retained investment bank William Blair & Company to assist it in exploring strategic business opportunities.

"In recent months, we have established a solid foundation upon which to grow our business by reducing expenses, restructuring our operations and adding new international markets for ViziLite(R) Plus," said David Bethune, chairman and chief executive officer of Zila. "The engagement of William Blair is an important element in our plan to shore up our capital structure and further evaluate opportunities for growth."

Zila, Inc. (Zila) is a specialty pharmaceutical company engaged towards prevention, detection and treatment of oral diseases with a focus on oral cancer. [SM]

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