Biotest AG: Biotest receives marketing authorisation for Albiomin(R) in Brazil and approval for commissioning of expanded albumin production
Biotest AG / Key word(s): Miscellaneous / Biotest receives marketing authorisation for Albiomin(R) in Brazil and approval for commissioning of expanded albumin production - Marketing approval granted for albumin in Brazil - Albumin production capacity doubled from 21 to 42 tons in Dreieich, Germany Dreieich, Germany, 20 December 2013. Biotest Farmaceutica Ltda., Brazil, a 100% subsidiary of Biotest AG, has announced that it has received marketing approval for Albiomin(R) (human albumin). Human albumin is used for stabilization of the blood circulation in severe diseases such as burns as well as chronic diseases of the liver and kidneys or complications associated with protein loss. Currently Biotest is represented on the Brazilian market with its hyperimmunoglobulin preparation Hepatect(R) CP for the prophylaxis of hepatitis B infections, in partcicular re-infections after liver transplantation, as well as with Megalotect(R), a hyperimmunoglobulin preparation for the prophylaxis of cytomegalovirus infection for patients undergoing an immuno-suppressive therapy. Biotest plans to gradually expand the portfolio of products marketed in Brazil. Latin America is one of the largest economic regions of the future. Strong sales and income growth are expected over the medium term from new marketing approvals for immunoglobulins. Brazil is the fifth largest country in the world by population (around 200 million), which continues to grow. The market for plasma proteins (without recombinant coagulation factors) has a volume of USD 400 million in 2013 (approx. 6% annual growth is expected). Brazil also represents a large transplant market (more than 1,500 liver transplantations in 2011). Given the relatively high incidence (infection rate) of hepatitis B, Biotest's corresponding immunoglobulin portfolio is an excellent response to the country's healthcare needs. At the same time of the marketing authorization of Albiomin(R) in Brazil, Biotest announced the commissioning of its albumin plant in Dreieich, which will double the albumin capacity at the Dreieich/Germany location.
This document contains forward-looking statements on overall economic development as well as on the business, earnings, financial and assets position of Biotest AG and its subsidiaries. These statements are based on current plans, estimates, forecasts and expectations of the company and are thus subject to risks and elements of uncertainty that could result in significant deviation of actual developments from expected developments. The forward-looking statements are only valid at the time of publication. Biotest does not intend to update the forward-looking statements and assumes no obligation to do so. About Biotest Biotest AG, Landsteinerstr. 5, 63303 Dreieich, www.biotest.de Securities' ID No., ISIN ordinary shares: 522720, DE0005227201 End of Corporate News 20.12.2013 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.medientreff.de and www.dgap.de |
Language: | English | |
Company: | Biotest AG | |
Landsteinerstraße 5 | ||
63303 Dreieich | ||
Germany | ||
Phone: | 0 61 03 - 8 01-0 | |
Fax: | 0 61 03 - 8 01-150 | |
E-mail: | investor_relations@biotest.de | |
Internet: | http://www.biotest.de | |
ISIN: | DE0005227235, DE0005227201 | |
WKN: | 522723, 522720 | |
Indices: | SDAX | |
Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart | |
End of News | DGAP News-Service |
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