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  13. [verwijderd] 19 oktober 2007 15:43

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    toch leuk nieuws van gisteren:

    Generex Biotechnology Announces Product Licensing & Distribution Agreement For Generex Oral-lyn™ in South Africa

    Thursday, October 18, 2007




    Adcock Ingram Healthcare (Pty) Ltd. to market and distribute Generex Oral-lyn in
    South Africa and six other neighboring countries

    Worcester, MA - October 18, 2007 – Generex Biotechnology Corporation (NasdaqCM:GNBT), the leader in drug delivery for metabolic diseases through the inner lining of the mouth, announced today that it has entered into an exclusive Product Licensing & Distribution agreement with Adcock Ingram Limited and Adcock Ingram Healthcare (Pty) Ltd. (www.adcock.co.za), for the marketing, distribution, and sale of Generex Oral-lyn, the Company’s proprietary oral insulin spray product, in South Africa and 6 other neighboring countries, Lesotho, Swaziland, Botswana, Namibia, Mozambique, and Zimbabwe.
    Adcock Ingram, part of the Tiger Brands Group, is a leading South African pharmaceutical company with an 11.4% share of the private healthcare market. Adcock Ingram has an extensive range of prescription, generic, and over-the-counter products and also provides life saving hospital equipment and diagnostic products and services.
    According to the latest edition of the Diabetes Atlas 2007, the prevalence of diabetes in South Africa is 4.5% while 8% of the population suffers from impaired glucose tolerance (IGT). The prevalence of diabetes in each of the other countries is: Lesotho, 4%; Swaziland, 3.8%; Botswana, 4.2%; Namibia, 4%; Mozambique, 3.1%; and Zimbabwe, 3.6%. The average prevalence of IGT in those six countries is 7.78%.
    “We are delighted to have licensed Generex Oral-lyn to Adcock Ingram, a well-established and brand name entity, to advance the commercialization of Generex Oral-lyn in South Africa,” said Anna Gluskin, Generex's President & Chief Executive Officer. "The alliance is important to the Company as Adcock Ingram brings a vast knowledge of the local market and also the treatment of diabetes. More so, it represents another significant market that

    Generex has been able to procure to treat those living with diabetes."
    About Generex
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