APN - Aspen - Aspen And Lupin Decide Not To Progre
APN
APN
APN - Aspen - Aspen And Lupin Decide Not To Progress With Mou
ASPEN PHARMACARE HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1985/0002935/06
Share code: APN
ISIN: ZAE000066692
("Aspen" or "the Company")
ASPEN AND LUPIN DECIDE NOT TO PROGRESS WITH MOU
Shareholders are referred to a SENS announcement made on 27 February 2006, in
which it was reported that Aspen and Indian-based, Lupin Limited ("Lupin") had
entered into a memorandum of understanding ("MOU") for the establishment of a
50/50 joint venture for the development, manufacture and global marketing of
selected anti-tuberculosis (TB) products.
Aspen and Lupin have mutually agreed that the proposed joint venture will not be
pursued at this stage. However, there will be continued collaboration between
the parties for the marketing and distribution of TB related products in the
Republic of South Africa in accordance with the agreements concluded by the
parties in September 2005.
Woodmead
19 January 2007
Sponsor: Investec Bank Limited
Date: 19/01/2007 14:47:32 Produced by the JSE SENS Department.
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