Merros Presentation
- 2. Where We Are Dalian The most developed industrial and commercial hub in Northeast China China Main Shipping Port with 1-2 hours flight away from Beijing, Shanghai, Tokyo and Seoul
- 3. Who We Are Merro Pharmaceutical Co., Ltd is the leading manufacturer, wholesaler and retailer of prescription drugs (Rx), non-prescription drugs (OTC) and nutritional supplements in China. Employees : 3100 Area: 150,000 sq meter Sales Revenue : $ 142 million Total Assets: $ 139 million Net Assets: $ 65 million - Up to FY 2006
- 4. TIMELINE & MAIN EVENTS 1925 Founded as Dalian Manie Health Research Institute 1958 First antibiotics manufacturer in China, Pioneering in Erythromycin development and manufacturing 1992 Formed Joint-Venture with Pfizer in China 1997 New Era - Merro Pharmaceutical Group 2000 Went public (in Shanghai Stock Exchange) 2003 Bought over China’s largest Traditional Medicinal Factory in Dalian;
- 5. How We Are Structured Merro Pharmaceutical Co., Ltd Merro Pharmaceutical Factory Merro Traditional Medicine Factory Merro Marketing & Distribution R&D Manufacturing Quality Purchasing Sales Business Development
- 6. Site Map
- 7. Sales Record $142 Million – FY 2006
- 10. Manufacturing Capacity Tablet - 1.5 billion (to be doubled in 6months) Hard capsules - 1 billion Oral Powder - 100 millions satchet Lyophilized vials - 4 millions Eye drop solution - 10 millions units Powder for injections - 300 millions bottles Oral solutions - 50 millions bottles Pellets - 200 millions
- 11. Major Regulatory Approvals & Audits Chinese GMP approval - 2000 Australian TGA approval (one of the first 4 out of China) - 2005 Leiner’s Audit - 2006 Sigfried’s Audit - 2006 Australian TGA re-inspection approval - 2006 Arrow’s Audit - 2006 Japan Generics’ Audit - 2007 Ratiopharm’s Audit - 2007
- 12. Chronology of Communications with Leiner Health Products Visits to Leiner - 2005, 2006, 2007 Leiner’s audit – 07/2007 Meeting at CPhI Paris 2006 - Roadmap for 6 OTC products APAP APAP PM Diphenhydramine (capsules & tablets) Aspirin 81mg Aspirin 325mg Prices last updated 07/2007 R&D samples tested and rated by Schuster as 10
- 13. Working with some leading generic companies in the world since 2003 Currently contract manufacturing 3 products for Australia and New Zealand Developed and ready to sell 9 products to Australia, Japan and Europe Work in process for the first ANDA to be filed in 2009. Embark On International Ventures
- 14. Why Merro - A first class partner for outsourced products Solid technical and manufacturing experience for cross-board products A top-notch cGMP level Manufacturing capability Proven commercial success Familiarity with business model and respect of the relationship with partners Vision into the future and long-term commitment
- 15. Merro’s Vision Become the worldwide partner for Chinese domestic and overseas markets, including U.S. market. - Build US presence through Merro Pharmaceutical Corp. - Expand Product Portfolio, including multi ANDAs in phase development. - reinforce the personnel (R&D and Corporate) to secure the sustained development that a leading pharmaceutical firm has to have.
- 16. MERRO PHARMACETUICAL Existing only For Health