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ASPEN PHARMACARE HOLDINGS LIMITED - Aspen agreement with ANI Pharmaceuticals

Release Date: 17/05/2016 11:00
Code(s): APN     PDF:  
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Aspen agreement with ANI Pharmaceuticals

ASPEN PHARMACARE HOLDINGS LIMITED
(Incorporated in the Republic of South Africa) (“Aspen Holdings”)
Registration number: 1985/0002935/06
Share code: APN
ISIN: ZAE000066692
and its subsidiaries (collectively “Aspen” or “the Group”)




ASPEN CONCLUDES AGREEMENT WITH ANI PHARMACEUTICALS IN RESPECT OF THE
DISTRIBUTION OF HYDROXYPROGESTERONE CAPROATE INJECTION IN THE UNITED STATES

Shareholders are referred to the voluntary announcements released on the Stock Exchange News
Service (“SENS”) on 1 December 2015 and 19 February 2016 wherein it was stated that:

    -   Aspen Global Incorporated (“AGI”), a wholly owned subsidiary of Aspen Holdings, had
        acquired the intellectual property and the approved Abbreviated New Drug Application in
        the United States in respect of the finished dose form of Hydroxyprogesterone Caproate
        (“HPC”) indicated for the treatment of certain female cancers and hormonal imbalances;
        and
    -   AGI was in advanced negotiations with a United States pharmaceutical company with
        proven capabilities in this category to distribute the HPC finished dose form in the United
        States.

Aspen takes pleasure in announcing that AGI has concluded an exclusive distribution and supply
agreement with ANI Pharmaceuticals, Inc. (“ANI”) in terms whereof AGI will be responsible for
supplying the HPC finished dose form, while ANI will be responsible for its marketing and
distribution in the US.

Aspen currently manufactures the active pharmaceutical ingredient (“API”) for HPC and is a
substantial supplier of HPC API to the United States. Aspen's launch of HPC injection is a realisation
of Aspen’s stated intent to develop commercial opportunities in the United States which are aligned
to the intellectual property available within the Group and the conclusion of this agreement signals
a further milestone in the achievement of this stated intent.

Durban
17 May 2016

Sponsor:

Investec Bank Limited

Date: 17/05/2016 11:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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