Singapore, 30 June 2015 – Verita Healthcare Group (“Verita”) through its subsidiary Verita Research Pte Ltd, has acquired 100% of Australian Life Sciences Pty Ltd (“ALS”) located in Sydney, Australia is a Pharmaceutical Research and Development company that both develops proprietary drug technology and provides full service support for Product Research & Development to external clients.

The company has a highly qualified and experienced team of experts and is able to supply the industry with an extensive range of quality services. The full suite of services includes;

• Pre formulation Studies
• Formulation Studies
• Stability Studies
• Revamping Existing Products
• Small-Scale Manufacture
• Substantiation (test reporting) of Product Claims
• Clinical Trial Supply
• Marketing Services
• Graphic Design
• Novel Packaging Concepts
• Compilation of Documents

In addition to supplying services to external clients, ALS identifies specific product opportunities in the market and researches and develops proprietary products that are unique and overcome deficiencies in existing treatment modalities.