UNS 0.00% 0.5¢ unilife corporation

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    June 18, 2012
    Unilife Signs Long-Term Supply Contract for the Unifill Prefilled Syringe

    Unifill Chosen for Upcoming Launch of Generic Equivalent of Auto-Immune Therapy
    7-Year Contract to Generate Annual Revenue of up to $15MM for Initial E.U. Geography
    Exclusivity Fee for Initial E.U. Geography and Indication, Other Territories Reserved

    YORK, Pa., June 18, 2012 /PRNewswire/ -- Unilife Corporation ("Unilife" or "Company") (NASDAQ: UNIS; ASX: UNS) today announced the signing of a seven-year commercial supply contract with a pharmaceutical company for the Unifill® ready-to-fill (prefilled) syringe.

    Target Drug and Market
    This supply contract for the Unifill syringe relates to the planned launch of a generic equivalent of an approved auto-immune therapy that is currently available in a standard prefilled syringe format for use across several indications.

    The auto-immune therapeutic space includes disease states such as rheumatoid arthritis, psoriasis, psoriatic arthritis, lupus and Crohn's disease. The cumulative U.S. patient population affected by auto-immune diseases is greater than seven million people and approximately twice that worldwide. The drug has also been shown to be effective for the treatment of several cancers including breast, head and neck, leukemia, lymphoma, lung, osteosarcoma, bladder and trophoblastic neoplasms.

    Currently, the majority of injections within the auto-immune therapeutic class are self-administered by patients using either a standard prefilled syringe or a conventional auto-injector. The release of the generic drug utilizing the Unifill syringe will mark the first time an auto-immune therapy is supplied in a prefilled syringe with safety features that can prevent needlestick injuries and encourage more convenient, safer disposal.




 
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