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RHEI Pharmaceuticals Appoints Dr. Geert Cauwenbergh as Chief Executive Officer
Date:8/25/2008

ologies (Nasdaq: FLML), is a controlled release formulation of aspirin for prophylactic cardiovascular indications. Using Flamel's Micropump(R) technology platform, Asacard(R) is designed to provide effective and safe therapy for cardiovascular treatment. Its safety and efficacy for this indication comes from controlling the release of aspirin while providing cardiovascular benefits similar to conventional aspirin formulations. Asacard(R) is differentiated from conventional aspirin in that it reduces gastrointestinal side effects. Further, it is the only aspirin formulation that significantly controls the rate of release of aspirin in the systemic circulation system, thus avoiding Cox 1 inhibition, the major cause of gastrointestinal problems. Additionally, its microparticle coating protects the stomach and intestinal lining from direct contact with the aspirin. Asacard(R) is currently approved for marketing in 11 countries including France and the United Kingdom.

According to the World Health Organization, cardiovascular disease is one of the leading causes of mortality in Southeast Asia. In China alone, more than a quarter (27.4%) of all deaths are due to cardiovascular disease and there are currently more than 120 million adults with hypertension in China.

About RHEI Pharmaceuticals

RHEI Pharmaceuticals is a venture backed specialty pharmaceutical company with operations in Belgium, the U.S. and in China that acquires, licenses, develops and commercializes in China proprietary drug therapies based upon the unmet needs of the emerging China pharmaceuticals market. The Company leverages its proprietary and extensive network of experienced clinical development and regulatory professionals in China to expedite approvals for p
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SOURCE RHEI Pharmaceuticals, Inc.
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