QUEBEC – APRIL 5, 2007 – Advitech inc. (“Advitech” or the “Corporation”) (TSX Venture: AVI)
announced today that they concluded an agreement in principle (the “agreement”) with Iprad Santé, a
pharmaceutical corporation specialized in the development and commercialization of dermatological
and gynaecological products. This agreement targets the completion of a marketing and supply
agreement for DermylexTM in France, Belgium and, eventually, other European countries. This
agreement has two short term objectives:
1. The signature of a definitive marketing and supply agreement for exclusive sale of DermylexTM
in France and Belgium before April 30, 2007.
2. The possibility to include, before April 30, 2007, Germany, Switzerland and Spain to the
existing statement of agreement and thereafter sign a definitive marketing and supply
agreements for each of these countries.
Commercialization of DermylexTM in France and Belgium is planned to start in the third quarter of 2007,
and a pre-launch activity is scheduled from June 22nd to June 24th at the 2nd Congress on Psoriasis
held in Paris. During this congress, Advitech will realize a scientific presentation of the DermylexTM in
one of the congress workshops and a training session for French and European dermatologists will also
be presented. The first delivery of DermylexTM to Iprad Santé is planned for June 2007 and others
should follow in the following quarters. DermylexTM will be distributed in drugstores: there are more than
22,000 drugstores of these for France alone.
“This agreement is important for Advitech on two points: it sets up a first commercial partnership with a
pharmaceutical company with a focus on dermatology and it validates our technological platform and
clinical program on DermylexTM” commented Renaud Beauchesne, president and chief executive officer
Pierre-Marie Defrance, president and chairman of Iprad Holding, added: ”Right now, there is a new
interest from psoriasis patients for a product like DermylexTM and, after the analysis by our experts of
the scientific and technical files available on DermylexTM, we are confident to position effectively this
product on the French and European dermatologic markets. Iprad Santé employs 105 medical visitors
and 32 sales representatives and our business plan is forecasting a rapid growth by leveraging our
dermatological product portfolio”.
Considering this new agreement, Advitech has given a notice to Cothera S.A of the termination to the
2005 agreement. Under this agreement, Cothera had the exclusive right to market DermylexTM in
France. Cothera has not reached the objectives defined by the contract and its cancellation has no
About Advitech Inc.
Advitech is a health sciences and technology company with a mission to discover and commercialize
proprietary and evidence-based natural health products. Effective and safe, these products play a role
in the prevention of Immune-Mediated Inflammatory Disorders (IMID), such as psoriasis and
inflammatory bowel disease. Advitech’s common shares are listed on the TSX Venture Exchange under
the symbol AVI. The number of common shares outstanding is 64,881,718.
About Iprad Group
Iprad Group consists of two different business units: Iprad Laboratory develops pharmaceutical
products and Iprad Santé commercialises pharmaceutical products and food supplements for the Iprad
Group. It employs on the French and Belgium territories 105 medical visitors and 32 commercial
representatives. Their main products target the dermatological and gynaecological markets and they
have generated, in 2006, sales of more than 40 million Euros. Group Iprad has experienced a strong
growth over the past ten years and it intends to maintain this growth by adding up products specific to
Dermylex™ developed by Advitech, is an oral natural health product relieving mild-to-moderate
psoriasis symptoms. Two clinical trials, one of them multi-center, double-blind and placebo-controlled,
for 112 days and on 84 patients, clinically proved the efficacy and safety of Dermylex™ for that type of
psoriasis. Dermylex™ is currently available in Canada. For more information, please visit the
This press release contains forward-looking statements which reflect the Company's current
expectations regarding future events. The forward-looking statements involve risks and uncertainties.
Actual results could differ materially from those projected herein.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
For further information, please contact:
Renaud Beauchesne, MBA Serge Comeau
President and Chief Executive Officer Investor’s relations
418-686-7498, poste 228 514-862-4160
[email protected] [email protected]