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Unilife Corporation Announces Financial Results for Fiscal Year 2012 First Quarter
Date:11/9/2011

YORK, Pa., Nov. 9, 2011 /PRNewswire/ -- Unilife Corporation ("Unilife" or "Company") (NASDAQ: UNIS; ASX: UNS) today announced financial results for the three months ended September 30, 2011 (Fiscal Year 2012 First Quarter).

Recent Highlights:

  • Following the commencement of initial supplies of the Unifill syringe to customers (July 2011), Unilife has progressively increased production capacities at its York, PA facility.
  • Continued diversification of proprietary portfolio of advanced drug delivery systems
  • Developed EZMix, the first dual or multi-chamber prefilled syringe with automatic (passive) safety features fully integrated within the glass barrel (August 2011)
  • Developed Rita, a highly compact auto-injector for patient self-injection with true end-of-dose indicators and automatic needle insertion and retraction (August 2011)  
  • Developed the AutoInfusor™ range of subcutaneous pump infusion systems for the self-administration of large-volume drugs requiring dosages of 3mL or more (September 2011)
  • Awarded two year contract with Premier Purchasing Partners, the nation's largest healthcare alliance, for the supply of the Unitract® range of 1mL safety syringes (October 2011)
  • Executive purchases of the Company's stock totaling $1.0 million by Unilife CEO Alan Shortall and $250,000 by COO Dr. Ramin Mojdeh. (September 2011)

  • Mr. Alan Shortall, Chief Executive Officer of Unilife, stated: "Unilife made significant advancements during the fiscal 2012 first quarter, as we continued to consolidate our position as a leading developer of innovative, differentiated devices for the delivery of injectable drugs and vaccines. Early in the quarter, we achieved one of the most important milestones in the Company's history by commencing the supply of the Unifill syringe to pharmaceutical customers.  W
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