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1 <p align=center><img src="p/pliva_president.gif" width="269" height="16"></p>
2 <p align=left><img src="p/president.jpg" width="105" height="125" align="left" vspace="5" hspace="10" border="1"></p>
3 <p align=left>
4 <b>Welcome to PLIVA!</b></p>
5 <p align=left>
6 I would like to take this opportunity to welcome and introduce you to PLIVA,
7 the leading pharmaceutical company in Central and Eastern Europe. Since its 1996
8 listing on the London and Zagreb Stock Exchanges, PLIVA has made notable
9 advancements in internationalising its business and implementing a global and
10 innovative strategy. PLIVA represents a rather unique company with investments
11 in both research and development. With over 400 patents in possession, PLIVA has
12 proven the high calibre of its R&D capabilities, most notably through its
13 discovery of the blockbuster azithromycin. This macrolide antibiotic, globally
14 known as Zithromax (under license by Pfizer) or Sumamed (PLIVA brand), represents
15 the top selling antibiotic of its class. Building on a long history of R&D
16 expertise and innovation, PLIVA has developed a strong NCE and Generics
17 programmes,
18 an invaluable investment for PLIVA's sustainable growth. Our business model and
19 processes represent an optimal combination of these R&D activities with
20 international expansion, through which PLIVA will continue to grow and create
21 shareholder value. </p>
22 <p align=left>I am very proud of PLIVA's accomplishments, but most of all, I take
23 pride in our people who made these advancements possible. The innovation and
24 commitment of scientists and technicians of PLIVA's Research Institute has led to
25 the discovery of azithromycin as well as the start of clinical trials for a
26 number of new drugs and the development of over 40 new generic drugs.
27 </p>
28 <p align=left> The commitment to quality demonstrated by the PLIVA team,
29 including top management through production staff line staff, has gained our
30 customers trust in our products. PLIVA's marketing and sales teams have focused
31 their attention on customer needs - not only on satisfying their needs, but also
32 exceeding their expectations. These values and approach are an integral part of
33 PLIVA's operations worldwide.</p>
34 <p align=left>PLIVA
35 is people dedicated to helping other people around the world live healthier
36 and longer lives by providing innovative, high quality medicines and solutions.</p>
37 <p align=left>
38 Zeljko Covic </p>
39 </body>
40 </html>

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