Female Health Company Receives FC-2 Registration in India
21 Setembro 2006 - 9:00AM
PR Newswire (US)
CHICAGO, Sept. 21 /PRNewswire-FirstCall/ -- The Female Health
Company (OTC:FHCO) (BULLETIN BOARD: FHCO) announced today that its
second generation Female Condom FC-2 has received registration by
the Indian governmental authorities. This permits the Company and
its Indian partner Hindustan Latex Limited (HLL) to initiate sales
of FC-2 in India. India is now reported to have the highest number
of HIV positive people in the world. Although such cases are less
than 1% of its 1 billion population, the Indian government, through
its National Aids Control Organization, is aggressively
implementing prevention programs. Nearly 1 million FC-1 female
condoms have been shipped to India in the last year for use in such
programs. In May of this year the Company announced that it had
signed a Memorandum of Understanding with its partner Hindustan
Latex Limited (HLL) to jointly manufacture FC-2 in India. HLL is an
Indian Government company (website: http://www.hindlatex.com/ )
with an annual male condom manufacturing capacity of 1 billion
units. In addition to sales to the Indian government, HLL is
launching the female condom (FC-1) to consumers using the trade
name Confidom (website: http://www.confidom.com/ ) on a city by
city basis. It is now available in Bangalore, Chennai, and
Kolcutta, as well as on-line, with a series of additional city
launches planned. The Company expects the development of FC-2 will
result in significantly lower manufacturing and capital costs, and
this ultimately will result in lower prices at high volume with the
objective of accelerating market penetration. The Female Health
Company, based in Chicago, owns certain worldwide rights to FC
Female Condom(TM) including patents which have been issued in the
United States, United Kingdom, Japan, France, Italy, Germany,
Spain, The People's Republic of China, Canada, New Zealand, South
Korea and Australia. FC Female Condom(TM) is the only available
product approved by the FDA under a woman's control that provides
dual protection against unintended pregnancy and sexually
transmitted diseases including HIV/AIDS. "Safe Harbor" statement
under the Private Securities Litigation Reform Action of 1995: The
statements in this release which are not historical fact are
forward-looking statements based upon the Company's current plan
and strategies, and reflect the Company's current assessment of the
risks and uncertainties related to its business, including such
things as product demand and market acceptance; the economic and
business environment and the impact of government pressures;
currency risks; capacity; efficiency and supply constraints; and
other risks detailed in the Company's press releases, shareholder
communication and Securities and Exchange Commission filings.
Actual events affecting the Company and the impact of such events
on the Company's operations may vary from those currently
anticipated. For more information about the Female Health Company,
dial toll-free via fax, 1-800-PRO-INFO and enter company code
"FHCO". Also, visit the Company's web site at
http://www.femalehealth.com/ and http://www.femalecondom.org/ . If
you would like to be added to the Company's e-mail alert list,
please send an e-mail to . DATASOURCE: The Female Health Company
CONTACT: Investors, William R. Gargiulo, Jr., +1-231-526-1244, or
Donna Felch, +1-312-595-9742, both of The Female Health Company Web
site: http://www.femalehealth.com/ http://www.femalecondom.org/
http://www.hindlatex.com/ http://www.confidom.com/
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