Procurement Specialist Receives Wholesale Distributor’s License for New Massachusetts Location; State-of-the-Art Facility to Supply Pharmaceutical Products for Comparator Studies in the U.S.

London, England and Medfield, Mass., – January 26, 2010 – Pharmarama, a leader in the strategic sourcing of comparator drugs for global clinical trials, today announced that the Massachusetts Department of Public Health has granted the company a Wholesale Distributor’s License (WDL). The license enables Pharmarama to operate its pharmaceutical cold-chain and ambient storage and distribution facility in suburban Boston to provide extensive sourcing and comparator product storage services for its clients.

“Pharmarama is a one-stop shop for pharmaceutical companies in the United States and throughout the European Union (EU),” said company President Rosemary Bensley.  “From our newly licensed facility in Medfield, Mass., we will now serve as a hub for our U.S.-based pharmaceutical clients to efficiently procure U.S. products for their clinical trials. Receipt of this WDL reflects not only our compliance with Good Distribution Practice, but also our commitment to quality underpinned by a robust Quality Management System.

“The new facility will enable us to introduce our proprietary GlobalBatch™ program, to serve clients in a new paradigm,” continued Bensley.  “Pharmarama has unique knowledge of the regulatory and data requirements for use of an EU-sourced drug in global adjunctive and comparator studies.  In addition, we have the supplier relationships and the infrastructure necessary to procure comparators – often through a single source – for trials conducted anywhere in the world.   This skill set enables us to assist clients in developing a highly effective sourcing strategy.”

About Pharmarama

Pharmarama is a global company that delivers operational excellence in the sourcing and distribution of comparator drugs for clinical studies around the world.  With 40 years experience as a UK pharmacy, Pharmarama has established relationships that enable the company to source directly from manufacturers to obtain single lots with maximum shelf life. Through its team of in-house experts, Pharmarama provides clients with a thorough knowledge of regulatory directives in comparator supply and guidelines governing sourcing options.  Pharmarama is headquartered in the United Kingdom with offices in the United States and partnerships in Germany and China.  More information is available at www.pharmarama.com