Inyx's Ashton Subsidiary to Manufacture and Package Prescription Product for Acorus Therapeutics
31 1월 2007 - 11:12PM
PR Newswire (US)
NEW YORK, Jan. 31 /PRNewswire-FirstCall/ -- Inyx, Inc. (OTC:IYXI)
(BULLETIN BOARD: IYXI) , a specialty pharmaceutical company focused
on niche drug-delivery technologies and products, announced today
that its wholly owned United Kingdom subsidiary Ashton
Pharmaceuticals has been selected by Acorus Therapeutics, Ltd., a
privately owned U.K.-based pharmaceutical company specializing in
unique, essential medicines and medical devices, to manufacture and
package a prescription-only, solid-dose product for the treatment
of various forms of epilepsy and essential tremor. Ashton is in the
process of concluding process validation, method transfer and
stability studies to permit commercial production of this drug to
commence. Acorus and Ashton have now signed an initial three-year
agreement whereby the Inyx subsidiary will be the producer of the
product in a variety of dosages and packaging formats for
distribution in more than 10 Western European and South American
markets. Jack Kachkar, M.D., Chairman and CEO of Inyx, Inc., said,
"This contract reflects Ashton's strong solid-dose expertise,
Inyx's growing packaging capabilities, and our expanding presence
in global markets. We are very pleased that Ashton has been
selected by Acorus Therapeutics, which is a new client for our
company." About Acorus Acorus Therapeutics is a privately owned
U.K.-based pharmaceutical company specializing in unique, essential
medicines and medical devices that fulfill unmet medical needs.
Acorus focuses on project management, regulatory affairs, marketing
and business development, while outsourcing operations such as
research, development, manufacturing and logistics. The company's
corporate offices are in Hamsterley, County Durham, U.K. For more
information, please visit: http://www.acorus-therapeutics.com/.
About Inyx 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. Inyx,
Inc.'s corporate offices are in New York City. For more
information, please visit: http://www.inyxgroup.com/. Safe Harbor
Statements about the Inyx's future expectations, including future
revenues and earnings, and all other statements in this press
release other than historical facts, are "forward-looking
statements" within the meaning of Section 27A of the Securities Act
of 1933, Section 21E of the Securities Exchange Act of 1934, and as
that term is defined in the Private Securities Litigation Reform
Act of 1995. Inyx intends that such forward-looking statements be
subject to the safe harbors created thereby. Since these statements
involve risks and uncertainties and are subject to change at any
time, Inyx's actual results could differ materially from expected
results. For more information, please contact: Jay M. Green,
Executive Vice President of Inyx, Inc. 212-838-1111 Bill Kelly,
Vice President, Investor Relations of Inyx, Inc. 212-838-1111
DATASOURCE: Inyx, Inc. CONTACT: Jay M. Green, Executive Vice
President, , or Bill Kelly, Vice President Investor Relations, ,
both of Inyx, Inc. +1-212-838-1111 Web site:
http://www.inyxinc.com/ http://www.acorus-therapeutics.com/
http://www.inyxgroup.com/
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