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Lilly Expands Strategic Partnership with Chinese Manufacturer Novast to Serve Chinese Patients with High-Quality Branded Generic Medicines
Date:6/12/2012

ng a growing portfolio of pharmaceutical products by applying the latest research from its own worldwide laboratories and from collaborations with eminent scientific organizations. Headquartered in Indianapolis, Ind., Lilly provides answers – through medicines and information – for some of the world's most urgent medical needs.  Additional information about Lilly is available at www.lilly.com.  C-LLY

About Novast Laboratories LTD.
Novast Laboratories, LTD., a subsidiary of Novast Holdings, LTD, is a pharmaceutical company based in Nantong, Jiangsu Province, China  with a strong focus on design and development of quality finished products for the worldwide markets. Our strategy has been to establish collaborations with pharmaceutical, biotechnology, and generic companies to develop and commercialize products. We provide research solutions and product development services utilizing our extensive expertise and experience in product development and novel drug delivery systems.

This press release contains forward-looking statements that are based on Lilly and Novast management's current expectations, but actual results may differ materially due to various factors. There are significant risks and uncertainties in pharmaceutical research and development. There can be no guarantees that manufacturing facilities and products will receive the necessary regulatory approvals,  that products will prove to be commercially successful, or that Lilly will achieve the benefits expected from its collaboration with and investment in Novast, the planned facilities, or its product portfolio in China.. For additional information about the factors that affect the Lilly's business, please see the company's latest Form 10-Q and Form 10-K filed with the U.S. Securities and Exchange Commission. The companies undertake no duty to update forward-looking statements.

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