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revision 1.2 by dpavlin, Mon Mar 12 20:06:04 2001 UTC revision 1.3 by dpavlin, Wed Mar 28 19:30:39 2001 UTC
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1  <p align="center"><b>RESEARCH AND DEVELOPMENT</b></p>  <p align="center"><b>RESEARCH AND DEVELOPMENT</b></p>
2  <p>PLIVA has a long and successful R&D track record that dates back to 1936. Its  <p>PLIVA has a long and successful R&D track record that dates back to 1936. Its
3    investments in R&D have grown to a decade high of USD 40 m and represent 10%    investments in R&D have grown to a decade high of USD 40 m and represent 10%
4    of PLIVA's healthcare turnover. This strategic goal for this continued investment    of PLIVA's healthcare turnover. The strategic goal for this continued investment
5    is to achieve a balanced portfolio for PLIVA's short, medium and long-term growth.    is to achieve a balanced portfolio for PLIVA's short, medium and long-term growth.
6    Commitment to a unique two-fold R&D strategy: discovery and development of novel    Commitment to a unique two-fold R&D strategy: the discovery and development of new
7    chemical entities and development of value added generics, is further supported    chemical entities and the development of value added generics, is further supported
8    by PLIVA's licensing strategy.</p>    by PLIVA's licensing strategy.</p>
9  <p>PLIVA has focused its expertise on NCE research, and through this "Smart Discovery Strategy" globally  <p>PLIVA has focused its expertise on NCE research, and through this "Smart Discovery Strategy" globally
10    competitive results are expected. Research activities are focussing on the early    competitive results are expected. Research activities are focusing on the early
11    phases of discovery and development only (i.e. Phase I/II clinical trials),    phases of discovery and development only (i.e. Phase I/II clinical trials),
12  while for advanced stages of development  while for advanced stages of development
13    and marketing, strategic partnerships will be established. PLIVA's vision in    and marketing, strategic partnerships will be established. PLIVA's vision in
14    research is to develop new drugs whose production will serve unmet medical needs    research is to develop new drugs whose production will serve unmet medical needs
15    and will have commercial returns in line with PLIVA's growth targets.</p>    and will have commercial returns in line with PLIVA's growth targets.</p>
16  <p align="center"><img src="p/Superrnd_ljudi_4.jpg" width="300" height="198" border=1></p>  <p align="center"><img src="p/Superrnd_ljudi_4.jpg" width="300" height="198" border=1></p>
17  <p>In development, superior results will be achieved by the in-house development  <p>In development, superior results will be achieved by the in-house development
18    of new molecules, the development of final pharmaceutical Rx or OTC drug forms,    of new molecules, the development of final pharmaceutical Rx or OTC drug forms
19    and the development of Fine Chemicals processes. PLIVA's Competitive Generic    and the development of Fine Chemicals processes. PLIVA's Competitive Generic
20    Strategy is based on decades of experience and expertise in new API development    Strategy is based on decades of experience and expertise in new API development
21    coupled with regular and successful FDA inspections as well as PLIVA's excellence    coupled with regular and successful FDA inspections as well as PLIVA's excellence
22    in chemistry and the innovative improvement of existing drugs.</p>    in chemistry and the innovative improvement of existing drugs.</p>
23  <p>Our R&D strategy binds together a top quality international research team,  <p>Our R&D strategy binds together a top quality international research team,
24    a network of strategic partnerships with multinational and biotech companies    a network of strategic partnerships with multinational and biotech companies
25    and a broad cooperation with various international universities and institutes.    and a broad cooperation with various international universities and institutes.
26    These activities are further supported by an independent body that consists    These activities are further supported by an independent body that consists
27    of leading experts in the R&D areas of interest to PLIVA - PLIVA's International    of leading experts in the R&D areas of interest to PLIVA - PLIVA's International
28    Scientific Advisory Board.</p>    Scientific Advisory Board.</p>

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