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ASPEN PHARMACARE HOLDINGS LIMITED ("Aspen") - ANNOUNCEMENT

Release Date: 28/05/2001 09:43
Code(s): APN
Wrap Text

Aspen Pharmacare Holdings Limited ("Aspen") has acquired a range of
pharmaceutical and consumer products and the related intellectual property from Aventis Australia for an undisclosed sum. The acquisition was
effective 1 May 2001. The acquisition is consistent with Aspen's strategy for the development of its international operations. The product range provides immediate access to the Australian market for Aspen's start up business in that country. Aspen's other businesses are expected to benefit from the intellectual property acquired and export opportunities into the Australian market.

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