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Following HTDS' six-month efforts, Pakistani Ministry of Health (MOH) approved HTDS' vaccine, and Hard to Treat Diseases Inc. obtained the registration certificates for MEVAC-AC and MEVAC-ACYW (Group A+C/ACYW135 Meningococcal Polysaccharide Vaccine) in Pakistan.
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MENINGITIS: Viruses and bacteria may cause inflammation of the membranes that surround the brain or the spinal cord, commonly known as Meningitis. Even with treatment, bacterial meningitis is fatal for 10% of patients and up to 20% will suffer problems such as deafness or brain injury following the disease.
The company expects to ship about 200,000 doses of its MEVAC-A+C and MEVAC-ACYW to Pakistan annually.
Terry Yuan, the CEO of HTDS, stated, "We highly value our success in Pakistan, as Pakistan represents a population of almost 170 million. Our market assessment is to ship around 200,000 doses a year, but we may be able to slowly expand and increase this number. Also, in 2010, there are two pilgrimages in Pakistan, and meningococcal vaccination is mandatory for all participants. This may offer HTDS some opportunities to sell more vaccine right away. We think Pakistan offers great future opportunities for HTDS."
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Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of Hard to Treat Diseases, Inc. that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project" and similar words and phrases are intended to identify such forward-looking statements. Hard to Treat Diseases, Inc. cautions you that any forward-looking information provided by or on behalf of Hard to Treat Diseases, Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. Hard to Treat Diseases, Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond Hard to Treat Diseases, Inc.'s control. In addition to those discussed in Hard to Treat Diseases, Inc.'s press releases, public filings, and statements by Hard to Treat Diseases, Inc.'s management, including, but not limited to, Hard to Treat Diseases, Inc.'s estimate of the sufficiency of its existing capital resources, Hard to Treat Diseases, Inc.'s ability to raise additional capital to fund future operations, Hard to Treat Diseases, Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match Hard to Treat Diseases, Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Hard to Treat Diseases, Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
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SOURCE Hard to Treat Diseases
