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Acquisition of Perfectha distribution rights

25th Apr 2014 07:00

RNS Number : 4817F
Sinclair IS Pharma PLC
25 April 2014
 



 

 

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 forwardlooking 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 forwardlooking statements due to a variety of factors.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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