25th Apr 2014 07:00
Acquisition of Perfectha® distribution rights from Pharmavital SA
London, 25 April 2014 - Further to the announcement on 7 January 2014, Sinclair IS Pharma plc (AIM:SPH.L) ("Sinclair") the international specialty pharmaceutical company has completed the acquisition of trademarks and distribution rights from Pharmavital SA for the dermal filler Perfectha® in certain geographies (principally Brazil and Russia) for a consideration of $9.6million (£5.7million) which represents 2x 2013 sales in these territories by Pharmavital SA. Sinclair now has worldwide rights to Perfectha®.
Ends
Sinclair IS Pharma plc Tel: +44 (0) 20 7467 6920
Chris Spooner
Alan Olby
Robert Taylor
Peel Hunt LLP Tel: +44 (0) 20 7418 8900
James Steel
Clare Terlouw
Notes to Editors:
About Sinclair IS Pharma plc - see www.sinclairispharma.com
Sinclair IS Pharma is an international specialty pharmaceutical company centred on Dermatology, in particular - Aesthetics, Wound care, and Skin care. The Group has a direct sales and marketing presence in the top five European markets and a rapidly growing International division concentrated on the Emerging Markets through long term multi-product, multi-country, sales, marketing and distribution deals with key strategic partners.
"Safe Harbor" Statement under the US Private Securities Litigation Reform Act of 1995: Some or all of the statements in this document that relate to future plans, expectations, events, performances and the like are forward‐looking statements, as defined in the US Private Securities Litigation Reform Act of 1995. Actual results of events could differ materially from those described in the forward‐looking statements due to a variety of factors.
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