Licenses acquisition

Dechra Pharmaceuticals PLC 05 April 2005 Issued by Citigate Dewe Rogerson Limited, Birmingham Date: Tuesday 5th April 2005 Embargoed: 7.00am Dechra Pharmaceuticals PLC Dechra acquires veterinary licenses for critical care fluids Dechra Pharmaceuticals PLC ('Dechra' or the 'Group') today announces that it has acquired the licenses and goodwill for the UK and Eire in respect of the Vetivex range of veterinary licensed products used for fluid therapy from Gambro Northern Ireland Limited, a division of the Gambro BCT, Inc. organisation and a subsidiary of Gambro AB. Gambro BCT, Inc. is a business area within Gambro AB, which is a leading international medical technology and healthcare company. The Vetivex critical care sterile fluid range administered by intravenous infusion is used to address dehydration, electrolyte imbalance and metabolic acidosis in companion animals, equine and livestock. The Vetivex range of seven licensed products will continue to be manufactured by Ivex Pharmaceuticals in Northern Ireland on behalf of Dechra. In 2004, the Vetivex range of products achieved sales in excess of £1 million. Dechra will pay a cash consideration of £810,000 for the licenses and goodwill. Ian Page, Chief Executive, Dechra Pharmaceuticals said: 'The market for fluid replacement therapy has seen consistent growth over recent years. We believe that we can significantly improve the existing market penetration and profitability of the Vetivex range in this highly specialised sector through exploiting Arnold's critical care expertise and dedicated pharmaceutical sales team focus.' Current trading within the Dechra Group remains encouraging with continued good performance from both our Pharmaceuticals and Services divisions. Enquiries: Ian Page, Chief Executive Fiona Tooley, Director Simon Evans, Group Finance Director Katie Dale, Senior Account Manager Dechra Pharmaceuticals PLC Citigate Dewe Rogerson Tel: + 44 (0) 1782 771100 Tel: +44 (0) 121 455 8370 Mobile: 07775 642222 (IP) or 07775 642220 Mobile: 07785 703523 (FMT) (SE) www.dechra.com ---------------- Editors Notes: About Dechra Pharmaceuticals PLC www.dechra.com Dechra Pharmaceuticals are specialists in the UK and international veterinary and animal healthcare markets. Key to the Group's strategy is the development of its veterinary pharmaceuticals portfolio. Quoted on the London Stock Exchange (under pharmaceuticals and biotech: Reuters: DPH.L), the business is split into two divisions: the pharmaceutical division which includes Arnolds Veterinary Products ('Arnolds'), Dales Pharmaceuticals ('Dales') and Dechra Veterinary Products ('DVP') (USA) and the services division which includes National Veterinary Services ('NVS'), NationWide Laboratories ('NWL'), Cambridge Specialist Laboratory Services ('CSLS') and Vetcom Practice Management Systems ('Vetcom'). Arnolds Veterinary Products Arnolds is one of the most well respected and recognised brand names in the veterinary markets and holds a leading position in several specialist veterinary pharmaceutical sectors of the UK market such as endocrinology, local anaesthesia and equine anti-inflammatory with strong positions in several other companion animal sectors. Its pipeline in product development remains centred around: cardiology, endocrinology, respiratory and oncology. About Gambro AB www.gambrobct.com Gambro BCT, Inc. headquartered in Lakewood, Colorado, is a world leader in blood bank technologies, automated blood collections and processing, pathogen reduction techniques and valued added blood and cell-based therapeutic services. Gambro BCT operates production facilities in the US and the UK, and has sales in more than 90 countries. It is a wholly owned subsidiary of Gambro AB, a global medical technology and healthcare company. This information is provided by RNS The company news service from the London Stock Exchange
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