NEW CASTLE, Del., Oct 6, 2004 (BUSINESS WIRE) -- To increase its presence in the nutritional supplement market, SPI Pharma has selected ChemPoint.com to be its sole channel for this market. Under the terms of the agreement, effective October 1, 2004, ChemPoint will provide sales, customer service and order fulfillment for all US customers with nutritional supplement applications.
"SPI Pharma has a great deal to offer the nutritional market. It is our intent to better serve our customers and the market through our affiliation with ChemPoint," says Robert Johnson, General Manager of SPI Pharma's Excipients Business. "ChemPoint's unique marketing and sales approach will dramatically increase proactive contact and project responsiveness for this diverse market. By leveraging ChemPoint's innovation, SPI Pharma will be able to better concentrate our resources on product development and technical support."
ChemPoint will represent SPI Pharma's excipients, carriers and delivery systems that are sold into the nutritional market. Brand names include Mannogem(TM), a mannitol-based polyol, and Sorbogem(TM), a sorbitol-based polyol as well as the entire Advantose(TM) line of sugar-based excipients. Also included are several specialized products like Effer-soda(TM), the Pharmagum(TM) delivery systems and Barcroft(TM) CS 90-L DC calcium.
"We are honored that SPI Pharma, a world leader in custom formulation solutions for the pharmaceutical and nutraceutical industries, has chosen ChemPoint," states Joe Stanaway, ChemPoint's Food and Pharmaceutical Marketing Manager. "SPI's decision to exclusively outsource all marketing and sales to ChemPoint is a testament to our differentiated marketing and sales model."
About SPI Pharma
SPI Pharma (www.spipharma.com) offers innovative engineered ingredients and delivery platforms that help customers achieve formulation and marketing success in the pharmaceutical and nutritional markets. They are the world's largest supplier of antacid actives, a leader in custom formulated pharmaceutical systems and a leading supplier of functional polyol and sugar excipients. SPI Pharma is a member of the Associated British Foods family of companies, a publicly traded multi-billion dollar company based in the United Kingdom.
ChemPoint.com (www.chempoint.com) is the leading "e-distributor" of specialty and fine chemicals in North America, working in exclusive relationships for specific product lines with premier manufacturers. Based in Bellevue, Washington, ChemPoint provides its suppliers with marketing, sales, customer service and order fulfillment for targeted customer segments. ChemPoint is a fully owned subsidiary of Univar (Euronext Amsterdam:UNIVR), a global leader in chemical distribution. Univar operates a network of 166 distribution centers, spread across the United States, Canada and 14 European countries. In 2003, Univar generated net sales of USD 4.7 billion. Univar has approximately 6,800 employees based throughout North America and Europe. For more information, visit www.univarcorp.com.
SOURCE: SPI Pharma