NextPharma Technologies US Subsidiary Announces Outsourcing Agreement With Advantar Laboratories Inc.

Surrey, UK, 16th March 2009

NextPharma Technologies, a leading provider of pharmaceutical product development, contract manufacturing, cold chain and distribution outsourcing services, is pleased to announce that its subsidiary in the US (Bioserv Corporation) has entered in to a non-exclusive outsourcing agreement with Advantar Laboratories Inc. a provider of high quality contract laboratory services to small and mid-sized companies engaged in drug development.

Under this agreement NextPharma will collaborate with Advantar to provide Advantar’s customers with aseptic and non-aseptic fill and finish services including lyophilization, packaging, labeling, storage and shipment of clinical materials to clinical sites. Advantar will collaborate with NextPharma’s customers based in the United States to provide NextPharma’s customers with analytical services support including methods development, in process testing and finished product testing of sterile and non-sterile products. 

Sean Marett, Managing Director, Product Development Services commented “This opportunity to work with Advantar as an outsourcing partner is mutually beneficial as our capabilities align well with theirs and this agreement has the potential to provide a wealth of synergistic benefits to both parties.”  Richard Kenley, President and CEO – Advantar Laboratories commented “We are pleased to have this opportunity to collaborate with NextPharma in supporting their needs for analytical services.”

NextPharma develops, manufactures, packages, and distributes a broad range of products and formulations for its customers including solids, liquids and semi-solid dosage forms, antibiotics, hormones and controlled release medicines. It has an established leadership position in the high technology area of injectables manufacturing (lyophilized and liquid fill), with particular expertise in product development and manufacture of oncology medicines.

Advantar Laboratories Inc. offers expertise in preformulation and formulation development, analytical method development, validation, quality control, stability testing, toxicology test article preparation and testing, and other technical support needed in the development of pharmaceutical products.