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

his new application is expected to provide additional IP protection as well as the potential for a new indication for MuGard.

"We are excited about the new relationship with Jian An in China, as it greatly expands our reach throughout the region with significant sales representative presence," said Sven de Backer, CFO of RHEI Pharmaceuticals. He continued, "We believe Jian An's local expertise will expedite the ongoing marketing approval process allowing us to begin providing patients with an effective treatment for oral mucositis.  We are thankful to Access for ensuring adequate MuGard supply for the commercial launch."

"We look forward to working with Access and RHEI and bringing MuGard to market in China," said Zhan Zhangyi, CEO of Jian An Pharmaceuticals.  He continued, "We believe MuGard is the right product to help us continue increasing our pharmaceutical market penetration in China.  MuGard is an important addition to our growing product portfolio and we look forward to its commercial launch."

"Oral mucositis is a growing problem in the greater China region and we are confident that RHEI's marketing capabilities, with the addition of Jain An's established product-promotion experience, will greatly enhance our effort to bring MuGard to the many patients that may otherwise suffer from the debilitating side effect of anticancer treatments," said Jeffrey Davis, CEO of Access Pharmaceuticals, Inc.  He continued, "The recent news surrounding MuGard, including this agreement and the initial product purchase order received in the US, underscores the significant revenue potential we believe MuGard will provide our company."

About MuGard:MuGard is a novel; ready-to-use mucoadhesive oral wound rinse and coating for the management of oral mucositis, a debilitating side effect
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SOURCE Access Pharmaceuticals, Inc.
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