ALLEGAN, Mich., April 4, 2002 — The Perrigo Company (Nasdaq: PRGO), the nation’s leading manufacturer of store brand over-the-counter pharmaceuticals, vitamins and nutritional supplements, announced today that it is the first company globally to successfully earn the National Sanitary Foundation International (NSF) Good Manufacturing Practices (GMP) Registration for vitamin and nutritional supplement production.
NSF, a world leader in standards development, product certification, education and risk-management services for public health and safety, has established the new benchmark in quality for manufacturers of vitamins and nutritional supplements. NSF conducted a plant audit of Perrigo’s vitamins and nutritional supplement facility in Greenville, South Carolina. In the audit, NSF verified that Perrigo complied with its GMPs, which are guidelines that provide a system of processes, procedures and documentation to assure the product produced has the identity, strength, composition, quality and purity that it is represented to possess. NSF will conduct ongoing audits of Perrigo’s facility on a semiannual basis to ensure continuous quality.
Michael Bradley, Perrigo’s Director of Nutritional Scientific Affairs, commented, “NSF's manufacturing plant GMP registration program has adopted the industry's dietary supplement GMP recommendations from the FDA. These GMPs have been implemented by NSF and the National Nutritional Foods Association (NNFA). The strategic alliance between NSF and NNFA has presented to the Dietary Supplements industry a rigorous set of manufacturing practices designed to ensure the quality and consistency of products produced in GMP conforming manufacturing facilities. We are pleased to receive this third party validation of the excellence of our manufacturing practices and feel this will bolster customer and consumer confidence in the quality of Perrigo products.
“Being the first company to earn this registration, we believe, is evidence of our continued commitment to setting the standard for quality in the industry. Perrigo’s nutritional business has followed the same high standards of quality as our over-the-counter pharmaceutical business, which is regulated by the FDA. We are pleased to finally be recognized for those quality standards,” Bradley concluded.
Kathleen Pompliano, NSF Business Development Manager, stated, “We are pleased that Perrigo has earned the NSF GMP registration. This program represents an important step toward ensuring product quality and consumer safety.”
NSF International, a not-for-profit, non-governmental organization, is the leading global supplier of risk-management service in public health and safety. NSF services include certification and safety audits for the food and water industries. Other services include management systems registrations delivered through NSF International Strategic Registrations, Ltd., and education through the NSF Center for Public Health Education. NSF is a World Health Organization Collaborating Centre for Food Safety and Drinking Water Safety and Treatment. Serving companies in more than 83 countries, NSF was founded in 1944 and is headquartered in Ann Arbor, Michigan USA (www.nsf.org).
Perrigo Company is the nation's largest manufacturer of over-the-counter (non-prescription) pharmaceutical and nutritional products sold by supermarket, drug, and mass merchandise chains under their own labels. The Company's products include over-the-counter pharmaceuticals such as analgesics, cough and cold remedies, gastrointestinal, and feminine hygiene products, and nutritional products, such as vitamins, nutritional supplements and nutritional drinks. Visit Perrigo on the Internet (www.perrigo.com).
Note: Certain statements in this press release are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to the safe harbor created thereby. Please see the “Cautionary Note Regarding Forward-Looking Statements” on pages 24-29 of the Company’s Form 10-K for the year ended June 30, 2001 for a discussion of certain important factors that relate to forward-looking statements contained in this press release. In addition, the Company’s future results may be affected by the impact of events flowing from the September 11, 2001 terrorist attacks, current economic conditions in the United States, retailers’ financial difficulties or current cough/cold/flu seasonal trends. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. Unless otherwise required by applicable securities laws, the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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