Emerging World Pharma Inc. Strategic Partner, African Global Pharma, Completes Construction and Set Up of the Sunyani, Ghana Fac
05 Octubre 2010 - 8:58AM
Marketwired
Emerging World Pharma Inc. (PINKSHEETS: EWPI) strategic partner,
African Global Pharma (AGP), has completed construction and set up
of its generic drug manufacturing facility in Sunyani, Ghana. The
Food and Drug Board of Ghana (FDB) has completed its inspection of
the facility and issued the required permits and approval for the
importing of raw materials and the license to manufacture
pharmaceuticals.
Inspections and approvals have also been completed and issued by
the Ghana Standards Board (GSB).
With these approvals now issued, African Global Pharma is
awaiting the delivery of raw materials to the factory to begin
production. AGP expects production and development will commence in
November 2010 and should be in full production in January 2011.
www.emergingpharma.com
About Emerging World Pharma Inc. Emerging
World Pharma Inc. is an investor in generic based pharmaceutical
companies manufacturing within developing nations. The company
focuses its investments on generic pharmaceutical companies that
have contracts with three major buyer groups; church, government
and wholesalers. Market research shows that these branches are the
most secure, protected and reputable for the distribution of
medicines.
Forward Looking Statements This press
release contains "forward-looking statements" within the meaning of
the Private Securities Litigation Reform Act of 1995. Statements in
this release that are forward-looking statements are based on
current expectations and assumptions that are subject to known and
unknown risks, uncertainties, or other factors which may cause
actual results, performance, or achievements of the company to be
materially different from any future results, performance, or
achievements expressed or implied by such forward-looking
statements. Actual results could differ materially because of
factors such as the effect of general economic and market
conditions, entry into markets with vigorous competition, market
acceptance of new products and services, continued acceptance of
existing products and services, technological shifts, and delays in
product development and related product release schedules, any of
which may cause revenues and income to fall short of anticipated
levels. All information in this release is as of the date of this
release. The company undertakes no duty to update any forward
looking statement to conform the statement to actual results or
changes in the company's expectations.
Contact: Joel Everret Emerging World Pharma Inc. Investor
Relations Division 703-646-2633 Email: info@emergingpharma.com
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