Over the course of a three year period commencing on 1 April 2009 Shire plans
to transition several products, including Carbatrol® (carbamezepine),
Intuniv(TM) (guanfacine extended release), Lialda® (mesalamine), Pentasa®
(mesalamine) and Vyvanse(TM) (lisdexamfetamine dimesylate) from its Owings
Mills, Maryland (United States) facility to DSM Pharmaceutical Product's
facility in Greenville, North Carolina (United States). There is an initial
term of five years for commercial manufacturing of most products upon
completion of a successful transition.
Jan Zuidam, Deputy Chairman of the DSM Managing Board said: "This is the level
of partnership that DSM is committed to and represents the strength of our
well established, long term customer relationship with Shire. We believe this
deal represents an endorsement of our competitive cost structure and
continuing commitment to excellence in providing the pharma industry with
confidence in the quality and security of supply that DSM can provide."
Bob Hartmayer, President and CEO of DSM Pharmaceutical Products added: "The
breadth of our capabilities and regulatory excellence allow us to ensure
delivery for our customers drawing on DSM's expertise, competence and
financial strength. We are thrilled to expand our commercial relationship with
Shire, and look forward to the prospect of future growth at our Greenville
facility."
DSM will also continue to manufacture Adderall XR® (mixed salts of a
single-entity amphetamine product) and Fosrenol® (lanthanum carbonate) for
Shire and will provide Shire with technical services.
About DSM Pharmaceutical Products
DSM Pharmaceutical Products is a global provider of high quality custom
contract manufacturing and development services to the pharmaceutical and
biopharmaceutical industries. DSM contract manufacturing services include:
chemical development, registered intermediates, registered starting materials,
active pharmaceutical ingredients (API's), fermentation, mammalian cell
production of monoclonal antibodies and proteins, formulation development,
clinical trial manufacturing and finished dose form manufacturing of solids,
semi-solids, and scheduled drugs, aseptic liquid and lyophilized products.
More information: www.dsmpharmaceuticals.com
DSM - the Life Sciences and Materials Sciences Company
Royal DSM N.V. creates innovative products and services in Life Sciences and
Materials Sciences that contribute to the quality of life. DSM's products and
services are used globally in a wide range of markets and applications,
supporting a healthier, more sustainable and more enjoyable way of life. End
markets include human and animal nutrition and health, personal care,
pharmaceuticals, automotive, coatings and paint, electrical and electronics,
life protection and housing. DSM has annual net sales of EUR 9.3 billion and
employs some 23,500 people worldwide. The company is headquartered in the
Netherlands, with locations on five continents. DSM is listed on Euronext
Amsterdam. More information: www.dsm.com
For more information:
DSM Corporate Communications
Herman Betten
tel. +31 (0) 45 5782017
fax +31 (0) 45 5740680
e-mail media.relations@dsm.com
DSM Investor Relations
Hans Vossen
tel. +31 (0) 45 5782864
fax +31 (0) 45 5782595
e-mail investor.relations@dsm.com
Forward-looking statements
This press release contains forward-looking statements. These statements are
based on current expectations, estimates and projections of DSM and
information currently available to the company. The statements involve certain
risks and uncertainties that are difficult to predict and therefore DSM does
not guarantee that its expectations will be realized. Furthermore, DSM has no
obligation to update the statements contained in this press release.
The English language version of the press release is leading.