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Aspen Pharmacare Holdings Limited - Aspen awarded lion"s share of ARV tender

Release Date: 04/03/2005 12:16
Code(s): APN
Wrap Text

Aspen Pharmacare Holdings Limited - Aspen awarded lion"s share of ARV tender Aspen Pharmacare Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 1985/002935/06) Share code: APN ISIN: ZAE000023586 Press Release Friday, March 4, 2005 Aspen awarded lion"s share of ARV tender JSE Securities Exchange listed Aspen Pharmacare, Africa"s largest pharmaceutical manufacturer, has been awarded the lion"s share of the SA Government"s multi- million rand anti-retroviral (ARV) tender for the treatment of HIV/Aids. Stephen Saad, Aspen Group CEO said "we are really pleased with the announcement and specifically as Aspen, a local pharmaceutical manufacturer of world-class generic ARVs, has been selected to produce the bulk of the medicines needed to treat millions of South Africans inflicted with HIV/Aids. Our R200 million Oral Solid Dosage (OSD) facility based in Port Elizabeth was specifically established to provide additional capacity for the increased demand for generic medicines and ARVs in South Africa as well as other offshore regulated markets." The percentage of the tender awarded to Aspen for products tendered is as follows: Aspen Department of Health ARV Tender Awarded March 3, 2005 Product & Dosage % Awarded to Aspen Didanosine 25mg, 50mg and 60mg 100% Nevirapine 200mg - 60"s 100% Zidovudine 300mg - 60"s 100% Zidovudine Syrup 50mg/5ml 200ml 100% Lamivudine 10mg/ml 240ml 100% Lamivudine 150mg - 60"s 80% Stavudine 20mg - 60"s 100% Stavudine 30mg - 60"s 70% Stavudine 40mg - 60"s 60% The ARV tablets and capsules will be produced at Aspen"s OSD facility, which was recently acknowledged by the US Food and Drug Administration (FDA) as being the world"s first generics manufacturing facility to receive FDA tentative approval for the supply of generic triple combination ARV therapy to the US$15 billion President"s Emergency Plan for AIDS Relief (PEPFAR) programme. The approval is classified as "tentative" as there are still patents over the originator products in the USA. In 2004 Aspen was selected as one of only three ARV manufacturers worldwide to be initially recognised by the Clinton Foundation initiative for combating HIV/AIDS. This international recognition endorses Aspen"s world class development and production capabilities. Aspen pioneered the formulation and development of generic ARVs under voluntary licences from the originators and subsequently launched Aspen-Stavudine - Africa"s first generic ARV is August 2003. Aspen"s ARV basket is presently comprised of Aspen Stavudine, Aspen Didanosine, Aspen Nevirapine, Aspen Lamivudine (Tablets and Solution), Aspen Zidovudine (Tablets and Solution) and Aspen Lamzid (combination Lamivudine/Zidovudine). Aspen is Africa"s largest generics manufacturer and a major supplier of branded pharmaceutical and healthcare products to African and selected international markets. Aspen"s extensive basket of quality, effective and affordable products is comprised of original, generic, over-the-counter (OTC), personal care, fast moving consumer goods (FMCG), nutriceutical and nutritional brands. ends Issued by: Shauneen Beukes, Shauneen Beukes Communications Tel: (012) 661-8467 Fax: (088) (012) 6618467
Cell: 082 389 8900 On Behalf Of: Stephen Saad, Aspen Pharmacare Group Chief Executive Tel: (031) 580-8603 Fax: (031) 580-8640
Cell: 083 303 4833 Date: 04/03/2005 12:16:03 PM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

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