Bioprogress General Discussion

Bioprogress stock quotes

Bioprogress stock charts

Follow this thread / related threads


V11SLR - Thu, 21 Dec 06 :

Not in vain this morning, eh Rafboy.


Bioprogress US Product Launch

RNS Number:3955O
BioProgress PLC
21 December 2006


For Immediate Release 21 December 2006

BioProgress plc

Launch of two new products in US and placement of TabWrap(TM) system

London, UK, 19 December 2006: BioProgress plc ('BioProgress' or the 'Company')
(AIM: BPRG; NASDAQ: BPRG), the speciality pharma and healthcare company, today
announces the launch of two new products within its US portfolio through its
subsidiary Dexo LLC. The Company also announces the placement of its first
production TabWrap(TM) system into a fully compliant pharmaceutical
manufacturing facility.

The two new products are line extensions of existing brands within the Company's
respiratory portfolio. The current respiratory pharmaceutical market is
estimated to be worth around US$25 billion per year. The first product is the
launch of a twice a day formulation of the successful Ah-Chew II chewable
tablet. The previous formulation was a four times a day dosage. The Ah-Chew
brand is a core brand for the Company and will be one of the main launch brands
for additional product developments.

The second product is the EZ Spacer Hero Kit, aimed at the paediatric market.
This is a portable drug delivery system designed for use with most metered dose
inhalers. The E-Z Spacer is unique in that it has a visual sign when treatment
is completed as the clear reservoir bag collapses when medication has been
inhaled. This is ideal for paediatric use and offers an alternative to the
established fixed volume systems. The Hero Kit provides a comprehensive patient
support package to ensure patient compliance.

Dexo is also planning to launch two further products in Q1 2007 further
enhancing the current brand value. Additional launches using BioProgress's
proprietary technology are currently planned.

Steve Martin, Chief Development Officer, BioProgress, said:

"The launch of two new products into the US market is part of our core strategy
to leverage the brands that we acquired from Airpharma in October this year.
With further product launches imminent, including products utilising our own
proprietary technology, it shows that our US operations are maximising the
growth potential of these brands."

TabWrap(TM) is a novel tablet coating enabling delivery technology that uses
XGEL(TM) film to coat and bind compressed tablet or friable cores. The film can
have different release characteristics including instant release through to
enteric coating (EntWrap)

The TabWrap(TM) system has been placed with INyX Group ("INyX") at its site near
Manchester, England. Inyx, Inc. is a specialty pharmaceutical company with niche
drug-delivery technologies and products for the treatment of respiratory,
allergy, dermatological, topical and cardiovascular conditions. Inyx focuses
its expertise on both prescription and over-the-counter pharmaceutical products,
and provides specialty pharmaceutical development and production consulting
services. In addition, Inyx is developing its own proprietary products. The
company's operations are conducted through several wholly owned subsidiaries:
Inyx USA Ltd., based in Manati, Puerto Rico; Inyx Pharma Ltd. and Inyx Europe
Limited, which owns and operates Ashton Pharmaceuticals Ltd., all near
Manchester, England; Inyx Canada, Inc. in Toronto; and Exaeris, Inc., based in
Exton, Pennsylvania, which conducts Inyx's marketing and distribution
activities.

BioProgress will be commencing its validation program of the system at the new
site early in 2007 with products being put onto stability programs using the
technology for BioProgress's own product developments and for third party
product development partners.

Richard Trevillion, Chief Executive Officer, BioProgress, said:

"The placing of our TabWrap enabling technology into INyX is a significant
milestone for BioProgress. The system has been developed and engineered in a
timely manner and is testament to our staff and partners ability to deliver our
projects. We look forward to working with INyX in commercialising our
technology."

Jack Kachkar, M.D., Chairman and CEO of Inyx, Inc., said:

"We are pleased that BioProgress has selected to team up with Inyx to assist in
the validation requirements and commercialization of its TABWRAP(TM) technology.
We look forward to a growing collaboration with BioProgress."


Bioprogress Stock Charts :

Bioprogress Historic Stock ChartBioprogress Intraday Stock Chart
Bioprogress - Historic Stock ChartBioprogress - Historic Stock Chart
Search for a stock: 



By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions :: Contact Us :: Affiliate Scheme
Copyright©1999-2009 ADVFN PLC. Copyright and limited reproduction :: Privacy Policy :: Investment Warning :: Advertise with us :: Data accreditations :: Investor Relations :: Press office :: Jobs

ADDITIONAL SERVICES AVAILABLE FROM ADVFN
Upgrade - Click here for more information on ADVFN premium services Money Words - ADVFN Financial Glossary Investor Training ADVFN Financial Bookshop Online Training Academy

30 site:2us *** bprg091108 06:49 Stock Message Boards ( 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 )