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Synthetech (NZYM) Release: Designates {1} As 2003 Raw Materials Vendor Of The Year


10/19/2005 5:10:56 PM

ALBANY, Ore., April 15 /PRNewswire-FirstCall/ -- Synthetech, Inc. announced today that Roche Colorado Corporation (RCC) has recognized the Company with its Vendor of the Year Award for Raw Materials for 2003. The award cites Synthetech as a most valued supplier to Roche for nearly two decades, with special mention of Synthetech's overall superior performance as a bulk supplier of over a dozen Peptide Building Blocks (PBBs) for two marketed drugs -- Nafarelin(R) and Fuzeon(R). In a letter accompanying this prestigious award, Theresa Sinner, RCC's Materials and Purchasing Manager, praised the Company's product quality and "large amounts" of customer service, and characterized Synthetech as a "World Class Partner" and a supplier Roche can "always count on."

  Key selection criteria used by RCC for this annual award include:

  -- Supply of the highest quality on a consistent basis;
  -- Timely delivery, with zero unscheduled interruptions;
  -- Competitive pricing with a continued desire to lower costs while
     improving processes; and
  -- Total business impact the supplier has had for RCC

Accepting the award on behalf of the Synthetech team, M. "Sreeni" Sreenivasan, President & CEO, said, "It is a pleasant surprise to be honored by a leading multinational pharmaceutical company like Roche. Our relentless focus on customer service and the dedication of our associates have earned us this enviable recognition. In addition to providing competitive pricing on a global basis, we strive to consistently provide the highest levels of quality, responsiveness and reliability."

About Synthetech

Synthetech's products are used predominantly by pharmaceutical and biotech companies to make a wide range of peptide, peptidomimetic small molecule and other drugs under development or on the market for the treatment of AIDS, cancer, cardiovascular and other diseases. The Company has established a worldwide reputation in a unique product and technology niche as a leading supplier to the pharmaceutical and life sciences industry.

About Roche Colorado (RCC)

RCC is one of four U.S.-based operating units of F. Hoffmann - La Roche, Switzerland. RCC manufactures bulk pharmaceutical intermediates and active ingredients for prescription and over-the-counter medicines. The compounds that RCC produces are sent to other manufacturing sites for formulation into finished pharmaceutical products.

More Information: Web site: http:/www.synthetech.com , E-mail: investor@synthetech.com M. "Sreeni" Sreenivasan, President & CEO 541-967-6575 Gary Weber, CFO 541-967-6575

Synthetech, Inc.

CONTACT: M. "Sreeni" Sreenivasan, President & CEO, +1-541-967-6575, orGary Weber, CFO, +1-541-967-6575, both of Synthetech, Inc.


Read at BioSpace.com


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