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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:6912U Bespak PLC 17 April 2002 For Immediate Release: Wednesday, 17 April 2002 Sheffield Pharmaceuticals Signs Agreement With Bespak For Development And Manufacture Of Tempo Inhaler Sheffield Pharmaceuticals, Inc. (AMEX:SHM) today announced an agreement with Bespak (LSE: BPK), a world leader in the design and production of drug delivery devices, for the development and manufacture of Sheffield's TempoTM Inhaler, a new generation metered dose inhaler (MDI). Under the agreement, Bespak will produce Tempo Inhaler devices for clinical supply and commercial production, and will also supply components for use in the MDI platform from its Cary, North Carolina facility. "Sheffield is pleased to partner with Bespak, a recognized, world-class supplier of oral inhalation drug-delivery devices, for the production of our new Tempo Inhaler, a new generation MDI with significantly enhanced efficiency and performance characteristics compared to standard MDIs," said Thomas A. Armer, Ph.D., chief scientific officer of Sheffield. "Bespak's long-standing reputation and expertise in our field ensures the highest quality production of our innovative new device." The one-step, easy-to-use Tempo Inhaler is designed to reduce patient coordination problems and enhance compliance by accommodating differences in age, disease-state and inspiratory flow rates. The synchronous trigger automatically adjusts to allow optimal delivery of drug to the lungs despite variations in breathing patterns. The flow control chamber uses aerodynamic principles to slow the propellant-driven "plume" coming out of the MDI, making it easier for patients to inhale the medication into the deep lung. "We are excited about our relationship with Sheffield, a specialty pharmaceutical company focused on innovative pulmonary delivery technologies. Our expertise in device development and manufacturing for inhalation therapies will complement and assist in the delivery of Sheffield's new generation metered dose inhaler," said Sylvia Rossi-Montero, senior director of Business Development, North America of Bespak. For further information please contact: Bespak Plc Mark Throdahl - Chief Executive Tel: +44 (0) 20 7518 7900 Robert Preece - Deputy Chief Executive & Group Finance Director Buchanan Communications Tel: +44 (0) 20 7466 5000 Nicola How / Louise Bolton Notes to Editors: Bespak plc Bespak plc is in the forefront of developing new delivery systems for the pharmaceutical industry. The Company has a product range covering metered dose inhalers, dry powder inhalers, actuator and spacer systems, as well as specialist components and assemblies for the US medical device industry. In 2001, Bespak expanded into the area of nasal drug delivery - an area that, although at an early stage of development, could bring considerable upside to Bespak in the future. Bespak has manufacturing facilities in King's Lynn and Milton Keynes in the UK and at Cary, North Carolina in the USA. Quoted on the Full List of the London Stock Exchange, Bespak is valued at approximately £150M. Sheffield Pharmaceuticals Sheffield Pharmaceuticals, Inc. provides innovative, cost-effective pharmaceutical therapies by combining state-of-the-art pulmonary drug delivery technologies with existing and emerging therapeutic agents. Sheffield is developing a range of products to treat respiratory and systemic diseases in its proprietary Premaire(R) Delivery System and TempoTM Inhaler. Sheffield focuses on improving clinical outcomes with patient-friendly alternatives to inconvenient or sub-optimal methods of drug administration. Investors can learn more about Sheffield Pharmaceuticals on its web site at www.sheffieldpharm.com. This information is provided by RNS The company news service from the London Stock Exchange
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