Business
GROUPE ATHENA, INC WELCOMES NEW DIRECTOR, ANNOUNCES INTENT TO APPLY FOR UK LICENSE
GROUPE ATHENA, INC WELCOMES NEW DIRECTOR, ANNOUNCES INTENT TO APPLY FOR UK LICENSE.
About this update from Ayujoy Herbals Ltd.
[{"type":"text","content":"Mumbai, India ? September 3, 2013 ? Groupe Athena, Inc. (Pink sheets GATA.PK)\nannounced today that Dr. Chitra Saxena has been elected to join their Board of\nDirectors. Dr. Saxena is a skilled expert in UK and European regulatory\nrequirements for prescription and non-prescription pharmaceutical drugs. During\nher distinguished career, she has been associated with several multinational\ncompanies including Reckitt Benckiser, Slough, UK, Bayer PLC, Newbury,\nUK and DDSA Pharmaceuticals\nLimited, Fulham, UK. She has also published 23\nresearch papers in various internationally reputed trade journals.\n\nIn related news, Groupe Athena,\nunder the guidance of Dr. Saxena, will commence the application process to\nobtain regulatory approval for licenses for the sale of certain prescription\ndrugs within the UK\nand later in the European Union. The process is likely\nto be completed within 18-24 months. This will include plant approvals, pilot\nmanufacturing and licensing.\n\nGroupe Athena Chairman,\nD. Purohit stated, ? We are very privileged to have Dr. Saxena join our board\nof Directors, and her knowledge of the regulatory and licensing processes\nwithin the UK and EU will prove invaluable as we transition to the\nmanufacturing and marketing side of the pharmaceutical industry.?\n\n \n\nThe Indian\npharmaceutical industry was estimated to be over $21 Billion in 2010 and is\nexpected to experience double-digit annual growth through the end of the\ndecade. GATA has emerged as a vital component of this growth by its ability to\nhelp Indian manufacturers get their products approved by the FDA for sales in\nthe US. \n\n \n\nFor more information on Groupe\nAthena, Inc. please go to www.otcmarkets.com/stock/GATA/quote or\nvisit our corporate website at www.groupeathena.com.\n\nAbout\nGroupe Athena, Inc.\n\n \n\nGroupe Athena Inc. was\nincorporated in June 2008 and began operations on July 1 of that year. The\ncompany is a research and testing organization and helps various pharmaceutical\nand medical products and devices companies in India\nand Southeast Asia to get regulatory approvals and facilitate exports of their\nproducts to the United\n States. The Company accomplishes this by\nassisting clients from concept through development, providing consultation on\nregulatory requirements, filings and processes.\n\n&nbs...