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SMALL BUSINESS
Unilife to Market Its Ready-to-Fill Syringes Under Unifill(TM) Brand
Market Wire
LEWISBERRY, PA -- (Marketwire) -- 10/27/09 -- Unilife Medical Solutions Limited ("Unilife"
or "the Company") (ASX: UNI) (PINKSHEETS: UNIFF) today announced it has
commenced the filing of international trademarks for Unifill, which will
become the market brand for its portfolio of ready-to-fill safety syringes.
The product previously referred to on a pre-commercial basis as the Unilife
Ready-to-Fill Syringe (or Unilife Prefilled Syringe) will henceforth be
marketed and referred to as the Unifill syringe. The company also intends
to market other products under the Unifill brand name that are currently
in its development pipeline and targeted for supply to pharmaceutical
companies.
Unilife has developed the Unifill brand to help the Company effectively
market its expanding range of parenteral drug delivery products designed
for use by pharmaceutical companies. Products intended to be marketed under
the Unifill brand will be custom-designed for compatibility with the drug
validation, dose filling and packaging systems of pharmaceutical
manufacturers, and promote convenient, intuitive use by healthcare workers
or patients who self-administer prescription medication.
The Unifill syringe currently being industrialised by Unilife in
conjunction with its major pharmaceutical partner is considered to be the
world's first ready-to-fill syringe with automatic (passive) safety
features that are fully integrated within the glass barrel. The product is
designed to be compatible with the standard drug filling and packaging
systems of its pharmaceutical customers, and allow operators to control the
rate of passive needle retraction directly from the body into the barrel of
the syringe to protect those at risk of needlestick injury.
More than two billion prefilled syringes are currently used globally each
year, with pharmaceutical companies rapidly transitioning to the use of
products which can help them comply with needlestick prevention laws such
as those currently enforced within the United States.
Unilife has previously filed and secured international trademarks for its
Unitract(TM) brand, under which the Company currently manufacturers and
markets its proprietary range of 1mL safety syringes. Unitract(TM) safety
syringes feature a plastic barrel and are designed for use within
healthcare facilities and by patients where prescription medication must be
drawn up into the barrel from a vial or ampoule immediately prior to the
injection. Unilife also has other products in its development pipeline that
it intends to commercialize and market under the Unitract(TM) brand.
Mr. Alan Shortall, Chief Executive Officer of Unilife, said the filing of
international trademarks for the Unifill(TM) brand was an important
milestone in the Company's evolution.
"We expect that Unifill(TM) will become a premier global brand within the
pharmaceutical industry for best-in-class ready-to-fill safety syringes,"
Mr. Shortall said.
"The launch of our Unifill(TM) at the Parenteral Drug Association (PDA)
Universe of Pre-filled Syringes and Injection Devices Conference and
Exhibition in Venice, Italy this week sends a clear message to
pharmaceutical companies and other industry stakeholders that we are
committed to introducing a range of complementary technologies that will
address the needs of our customers."
About Unilife
Unilife Medical Solutions Ltd is an ISO 13485 certified company that
designs, develops and supplies innovative safety medical devices. Listed on
the Australian Securities Exchange (ASX: UNI) since 2002, Unilife has
FDA-registered manufacturing facilities in the US State of Pennsylvania and
a proprietary portfolio of clinical and prefilled safety syringes designed
for use within healthcare and pharmaceutical markets.
Shareholder / Analyst Enquiries:
Australia
Jeff Carter
Phone: + 61 2 8346 6500
United States
Stuart Fine
Phone: + 1 908 469 1788
Australia
Jeff Carter
Phone: + 61 2 8346 6500
United States
Stuart Fine
Phone: + 1 908 469 1788
MARKET WIRE
2009-10-27 08:55:40
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