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Additional information
Additional Information
Market: ASX
Sector: Pharma & Biotech
Epic: STI
News: Latest news
Web Site: Stirling Products Limited
Other Articles: 18-08-201013-08-201011-08-2010

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Thursday September 02, 08:00Baobab Resources identifies distinct ore domain at Tete’s South Zone

Baobab MD Ben James said the latest drilling results from the Tete project's South Zone characterise a distinct, higher mass recovery, ore domain.

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Friday September 03, 01:02TD Bank posts 29% increase in Q3 profits on strong retail earnings growth

"Our third quarter results really tell the growth story of our retail businesses on both sides of the border, with our total adjusted retail earnings hitting a new high of $1.3 billion, up 21% from last year," said president and CEO Ed Clark.

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Wednesday September 01, 10:25Green Dragon Gas reports significant growth as China’s thirst for energy continues

China's thirst for energy resources has continued with an increased focus on domestic supplies of gas, Green Dragon Gas chairman Randeep Grewal said today. In the company's interim results, [...]

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Stirling Products Limited

Stirling Products Limited

Stirling Products is an Australian  healthcare company focused on the development and commercialisation of a unique portfolio of developed products as well as an exciting pipeline of future products.  Major health issues and diseases being targeted by Stirling’s products and product candidates include: obesity, cholesterol disorders, diabetes, influenza, allergies, TB and TB/HIV co-infection.

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Wednesday, December 23, 2009

Stirling Products to launch generic pharmacy range in March

by Proactive Investors company news image

Shares in Australian healthcare company Stirling Products (ASX:STI) have moved 7.7% higher on news the company is preparing to launch a broad range of OTC and generic prescription drugs under the Stirling Pharma brand to pharmacies throughout Australia.

During the afternoon trade, shares in the company increased 7.7% to 1.4c.

The Company proposes to launch Stirling Pharma on the Gold Coast during Australia’s largest Pharmacy industry event, the Australian Professional Pharmacy Conference, in March 2010.

Following establishment of “Stirling Pharma” in Australia, the Company will seek to expand “Stirling Pharma” selectively and progressively in other global regions.

In the same statement, the company announced it had agreed to a working relationship with Cipla Limited, a major international pharmaceutical drug manufacturer based in India.

The Company’s business initiatives with Cipla have commenced and will be the subject of formal Memorandums of Understanding that are expected to be entered into as the relationship progresses and as the Company continues to expand its reach and influence.

Cipla, which exports to over 183 countries, has been a forerunner of the provisioning of affordable drugs to India as well as to many developing countries that in most cases have significant public health burdens from diseases such as AIDS, TB, typhoid, malaria and dengue fever.

It has been responsible for the dramatic reduction in the cost of AIDS treatments reducing cost to patients from $12,000 plus per annum to a current $150 -250.

In its current trial initiatives for AIDS and TB, Stirling will preferentially use the Cipla drug products as Cipla is the world’s largest supplier of AIDS drugs as well as a substantial supplier of TB drugs.

Cipla also manufactures and distributes a full range of products including: antibiotics, anti-bacterials, anti-asthmatics, anthelmintics, anti-ulcerants, oncology, corticosteroids, nutritional supplements and cardiovascular drugs.

Stirling Products managing director Peter Boonen will also be the Company’s preferred supplier of R-salbutamol in all of its further trial work and ultimate commercial products for both animal and human applications.

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