Press Release: 17 September 2009
Gulf Pharmaceutical Industries (Julphar), the leading manufacturer of pharmaceuticals in the U.A.E. based in Ras Al Khaimah, announced today (17 September 2009) that it has signed an agreement with Hualan Biological Bacterin Co. Ltd, a leading provider of biopharmaceutical products, for the supply and marketing in the Middle East and North Africa (MENA) region of Hualan’s H1N1 vaccine, which is a single shot vaccine.
The agreement follows intense discussions between Julphar and Health Authorities in the MENA Region, culminated by meetings in Beijing between top management of Hualan and Julphar.
The deal gives Julphar exclusive rights to represent Hualan in all discussions with Authorities in MENA Region surrounding Hualan’s H1N1 vaccine. According to the Agreement, Hualan is to deliver enough doses of A (H1N1) Influenza Vaccine to satisfy all the needs of the region. The H1N1 vaccine will be manufactured in Julphar. Hualan has already supplied and delivered doses of A (H1N1) Influenza Vaccine in the market.
Dr. Ayman Sahli, General Manager of Julphar commented, “We chose Hualan as our partner because they offer the most credible and best possible option in the market for a product of the highest quality that can be readily available to fulfill the need of the whole region. Julphar is very glad to be able to bring this vaccine to MENA and we are confident that we can fulfill orders in a timely manner.
” Hualan obtained the viral seed particles of H1N1 vaccine from WHO on 3 June 2009 and completed the study on 22 July 2009. Hualan Bio is reported as the first company world wide to enter clinical trials for Pandemic H1N1 Influenza vaccine. With high expectations for Hualan’s enormous capacity to produce qualified Pandemic H1N1 vaccine, China sFDA top authorities are satisfied that Hualan has the efficacy to perform and deliver on time.
Hualan Biological Bacterin Co. Ltd. is a China-based biopharmaceutical company listed on the Stock Exchange that focuses on the research, development, manufacture and commercialization of vaccines that protect against human infectious diseases. Hualan’s pandemic influenza vaccine (H1N1) has already been approved for China government stockpiling.
Hualan is the largest producer of vaccine in Asia with a state of the art facility that operates according to sFDA GMP and EU guidelines. The company has been long cooperating with well established Research Centers across the world.
Gulf Pharmaceutical Industries (Julphar) website: www.julphar.com
Note:
This announcement contains forward-looking statements. These statements can be identified by words or phrases such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the business outlook and quotations from management in this press release contain forward-looking statements. Statements that are not historical facts, including statements about Julphar’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Julphar does not undertake any obligation to update any forward-looking statement.