Bentley Pharmaceuticals' Newly Formed Irish Subsidiary Receives Its First Marketing Approval; Bentley Pharmaceuticals Ireland Limited receives marketing approval for generic versions of omeprazole in Ireland.EXETER, N.H. -- Bentley's Spanish subsidiary, Laboratorios Davur, enters into a licensing and supply agreement with Consilient Consilient is a privately held company located in St. John's, Newfoundland and Labrador, Canada. Other offices are located in San Francisco and Singapore. The company provides push email software for mobile phones and devices using open standards. Health Ltd. Bentley Pharmaceuticals, Inc. (NYSE NYSE See: New York Stock Exchange : BNT BNT Bentley Pharmaceuticals, Inc. (stock symbol) BNT Boston Naming Test (psychology) BNT Bermuda National Trust BNT Bulgarian National TV BNT Broadband Network Termination BNT Binary File Transfer ), a technology-based specialty pharmaceutical and drug delivery company with a growing branded and generic product line in Europe today Europe Today is a daily radio news show on the BBC World Service about public affairs throughout Europe. It is presented by Audrey Carville at 17:00 GMT every weekday. External links
Bentley also announced that its Spanish subsidiary, Laboratorios Davur, has entered into a distribution agreement with Consilient Health Ltd., an Irish-based, pan-European generic company, whereby Consilient has been granted a non-exclusive right to distribute and market a Davur generic omeprazole in the U.K. The generic omeprazole will be manufactured by Bentley's Spanish subsidiary, Laboratorios Belmac, S.A. James R. Murphy, Bentley's Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , commented, "We are pleased to receive our first Irish marketing approval through our newly formed Irish subsidiary. This approval marks another important milestone in our European expansion strategy. We believe that Consilient's expertise in the distribution of high-quality generic pharmaceuticals will help to expedite the European growth of our generic omeprazole product. Our agreement reaffirms our strategy to continue to team with other established organizations as an essential building block for our growth." About Bentley Pharmaceuticals, Inc. Bentley Pharmaceuticals, Inc. is a specialty pharmaceutical company focused on advanced drug delivery technologies and pharmaceutical products. Bentley's proprietary drug technologies enhance or facilitate the absorption of pharmaceutical compounds across various membranes. Bentley also manufactures a growing portfolio of generic and branded pharmaceuticals in Europe for the treatment of cardiovascular, gastrointestinal, infectious and neurological diseases through its subsidiary, Laboratorios Belmac, and markets these pharmaceutical products through its subsidiaries, Laboratorios Belmac, Laboratorios Davur, Laboratorios Rimafar and Bentley Pharmaceuticals Ireland; and manufactures and markets active pharmaceutical ingredients through its subsidiary, Bentley API. Copies of Bentley Pharmaceuticals' press releases and other information may be obtained through Bentley's web site at www.bentleypharm.com. About Consilient Health, Ltd. Consilient Health, Ltd. markets and distributes generic pharmaceuticals throughout Europe utilizing a large network of manufacturers and business partners. Consilient Health is a reliable, committed and trustworthy generic pharmaceutical company that strives to make healthcare affordable across Europe. Consilient's decades of managerial experience in the drug and healthcare industries coupled with an innovative business model results in significant cost savings, which in turn are shared with business partners and patients. Consilient Health wants to help improve the way generic drugs generic drug, a drug sold or prescribed under the nonproprietary name of its active ingredients or under a generally descriptive name rather than under a brand or trade name. are distributed and marketed throughout Europe. Additional information about Consilient Health may be obtained through their web site at www.consilienthealth.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: This press release contains forward looking statements, including without limitation, statements regarding Bentley's strategic plan to further expand its business in Europe, the timing of the launch of omeprazole in Ireland, strategic partnerships and its growth generally. These forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. are subject to a number of risks and uncertainties that could cause actual results to differ materially from future results expressed or implied by such statements. Factors that may cause such differences include, but are not limited to, risks associated with the timing and nature of regulatory approvals, changes in third party reimbursement and government mandates which impact pharmaceutical pricing, competition from other manufacturers of generic and proprietary pharmaceuticals, risks associated with international operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee. and other uncertainties detailed in Bentley's most recent Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and its other subsequent periodic reports filed with the Securities and Exchange Commission. Bentley cautions investors not to place undue reliance on the forward-looking statements contained in this release. These statements speak only as of the date of this document, and Bentley undertakes no obligation to update or revise the statements, except as may be required by law. |
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