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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Bespak | LSE:BPK | London | Ordinary Share | GB0000946276 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 667.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:0293K Bespak PLC 21 March 2005 For immediate release 21 March 2005 Bespak plc Bespak and airPharma Sign Collaboration Deal for New Dry Powder Device Bespak plc (LSE: BPK), a leader in specialty medical devices, is pleased to announce that an agreement with airPharma, a US-based specialty respiratory pharmaceutical company, has been signed to develop and manufacture a new inhalation device for the dry powder formulation of Zofac(TM) (Pumactant), a treatment for asthma. As a leading developer of innovative drug delivery technologies, Bespak will create a clinical device based upon technology airPharma licensed from UK-based Britannia Pharmaceuticals, Ltd. Doses of Pumactant reaching 100mg have been successfully delivered from a laboratory based delivery system and a more portable device is now required. airPharma will utilize Bespak's expertise in concept creation and rapid prototyping to develop refined inhalation delivery devices for airPharma's Zofac (TM) phase II clinical studies which are scheduled for later this year. Bespak has over 30 years experience in device development and will be providing design, development, scientific, and manufacturing services to ensure the 'best design fit' for airPharma's requirements. airPharma's novel therapy is targeted to treat attacks triggered by allergens or other inhaled materials which affect about half the 55 million asthma patients worldwide. Zofac(TM) is a protein free synthetic surfactant made from naturally occurring phospholipids. When inhaled, the Zofac(TM) powder is believed to create a "barrier" that may protect the lungs from inhaled allergens, dust and other environmental particulates. Mark Throdahl, Chief Executive Officer of Bespak, commented: "Once again our expertise in device development has brought us together with a company seeking an innovative solution to a new medical therapy. This agreement allows Bespak and airPharma to demonstrate what can be achieved by early partnership with a leading device manufacturer." Doug Dockhorn, airPharma's founder and Chief Executive Officer, stated: "We are excited to be working with one of the leading experts in the area of innovative drug delivery device development. We have the opportunity to develop a radical, new, high-volume drug delivery system that will not only benefit asthma sufferers, but will also open the door for delivery of vaccines, gene therapies, and other large molecules." For further information please call: Bespak plc Mark Throdahl - Chief Executive +44 (0) 20 1908 552 600 Martin Hopcroft - Group Finance Director Buchanan Communications +44 (0) 20 7466 5000 Tim Thompson / Mark Court / Mary-Jane Johnson Notes for Editors: About Bespak plc Bespak, a specialty medical devices company, is at the forefront of developing new delivery systems for the pharmaceutical industry. The company has a product range covering metered dose inhalers, dry powder devices, actuators and compliance aids. The company also develops and manufactures drug delivery devices for leading global pharmaceutical companies. The group, which has facilities in King's Lynn and Milton Keynes in the UK and in Cary, North Carolina, in the USA. is a public company quoted on the Official list of the London Stock Exchange (LSE: BPK). For more information, please visit www.bespak.com. About airPharma airPharma is a specialty pharmaceutical company focused on commercializing products that address unmet needs in respiratory diseases. The company is developing a portfolio of branded respiratory products. Dr. Robert Dockhorn and Doug Dockhorn founded the company in 2002. Prior to airPharma, the Dockhorns built their previous company, IMTCI, into the leader in conducting respiratory clinical studies. airPharma is privately held and is located in Overland Park, Kansas, USA. For more information - www.air-pharma.com. This information is provided by RNS The company news service from the London Stock Exchange END AGRPUUGCWUPAGQG
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