Tokyo, Japan - February 22, 2008
Dow Wolff Cellulosics has extended its Controlled Release Alliance with Colorcon, Inc. further into Asia Pacific to also include Japan. Effective January 1, 2008, Colorcon has assumed distribution rights for all Dow Wolff Cellulosics controlled release pharmaceutical products in Japan. Dow product brands available via the alliance include METHOCEL™ hypromellose polymers (controlled release and LV), premium or NF grade ETHOCEL™ ethylcellulose polymers and POLYOX™ water-soluble resins used in pharmaceutical applications.
The original Controlled Release Alliance was announced in New York by Dow and Colorcon in March 2007 in order to better service customers' controlled release formulation development and was implemented in the rest of Asia Pacific as of July 1, 2007.
The Dow Wolff Cellulosics strategy is focused on providing pharma customers with superior quality products and developing new ways to use them. The goal is to help develop one of the most effective and efficient drug delivery solutions through advancements in polymer and science technology. By teaming with Colorcon, Dow Wolff Cellulosics is able to further invest in the product lines and application and technology development.
“The Controlled Release Alliance, with a respected leader in drug dosage formulation, will drive collaboration, employing the processing and application knowledge of two leaders in excipient technology,” said Tomoyuki Sasama, marketing manager, Asia-Pacific. “We believe this will accelerate innovation and value creation for our customers.”
About Dow Wolff Cellulosics
A preferred development partner in its markets, Dow Wolff Cellulosics supplies high-performance cellulose derivatives and complementary chemistries, and is expert in formulation know-how for a broad variety of end-use products in construction, food,personal care, pharmaceuticals, paint and other specialty industrial applications. A business unit of The Dow Chemical Company, Dow Wolff Cellulosics was created on July 01, 2007 as a new business encompassing the activities of Wolff Walsrode and Dow’s Water Soluble Polymers business. On a pro-forma basis, Dow Wolff Cellulosics had combined revenues of more than US $1 billion in 2006 and employed 2,200 people worldwide. More details about Dow Wolff Cellulosics are on the Web at www.dowwolffcellulosics.com.
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For Editorial Information:
Joecy Wu
Dow Wolff Cellulosics
86-21-2301 9205
