Chemir Purchases PRA Laboratories: Expands Chemir Acquires Guidelines Integrated Services

St. Louis, Missouri - September 26, 2003 - Chemir announces the acquisition of Guidelines Integrated Services, Miramar, FL, expanding Chemir's pharmaceutical contract research and development organization to now include 3 locations and approximately 100 employees. The acquired company will be operated as Chemir Pharma Services. Guidelines Integrated Services specializes in methods development/validation, stability testing and various analytical testing to support the development and commercialization of pharmaceutical, biotech and medical device products.

"This acquisition expands our capabilities, enabling Chemir to perform commercial scale release and stability studies" says Phil Meeks, CEO of Chemir Pharma. "We are now a major outsourcing provider, with three centers of excellence serving the pharmaceutical industry. Chemir is uniquely positioned to perform value adding CMC services as an integrated product development solutions provider."

This is the second acquisition by Chemir this

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Contact:
Shri Thanedar, Ph.D.
CEO, Chemir Analytical Services
2672 Metro Blvd.
Maryland Heights MO 63043
314-422-8422
800-659-7659
www.chemir.com
info@chemir.com