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Access Pharmaceuticals, Inc. Signs $30M MuGard Supply Agreement With RHEI Pharmaceuticals HK LTD.
Date:9/21/2010

DALLAS and NEW YORK, Sept. 21 /PRNewswire/ -- Access Pharmaceuticals, Inc. (OTC Bulletin Board: ACCP), a biopharmaceutical company specializing in products for cancer and supportive care signed a $30 million supply agreement for MuGard with RHEI Pharmaceuticals, Inc. ("RHEI"), a specialty pharmaceutical company focused on bringing proprietary medicines to the China market.  Access will ensure manufacturing capacity of up to a minimum of $30 million of product in the licensed territories.   Coinciding with the signing of the above agreement, Access also approved a sub-license agreement between RHEI Pharmaceuticals and Jian An Pharmaceuticals ("Jian An") Limited in Shenzhen, China in an effort to leverage Jian An's extensive sales, marketing and regulatory infrastructure for the launch of MuGard in China and Taiwan.

(Photo:  http://photos.prnewswire.com/prnh/20100921/SF68230)

(Photo:  http://www.newscom.com/cgi-bin/prnh/20100921/SF68230)

Jian An is headquartered in Shenzhen, China and has a 25-year history of selling pharmaceutical and other medical products in the China market.  Jian An has 1400 sales representatives covering all majors centers in China through 169 sales offices.  With Jian An's sales and marketing infrastructure and the supply agreement which will provide up to $30 million of MuGard to the territory, Access Pharmaceuticals' commercialization efforts remain on track in China and its other South East Asian territories.  Access retains its existing milestone and royalty structure for the territory.  In addition, Access and RHEI have also filed a new patent application in China covering MuGard for the relief and reduction of erythema. T
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SOURCE Access Pharmaceuticals, Inc.
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