Ullman Medical has identified and developed a novel botanical extract that demonstrated positive human clinical data in treating psoriasis. Pre-clinical evidence also showed non-toxic, anti-angiogenesis properties that may be effective in the treatment of eye diseases, arthritis, and certain cancers. The companys objective is the commercialization of this plant-based compound for the topical treatment of psoriasis and development of a therapeutic platform for the treatment of numerous immune-deficient diseases. Psoriasis remains a chronic skin disease with few safe, effective topical treatments.