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Rx for Africa, Inc. Announces Merger with Rx Africa (Ethiopia) PLC and Diamond Entertainment Corporation


5/4/2007 1:26:30 PM

NEW YORK--(BUSINESS WIRE)--Rx for Africa, Inc. announced today it has merged with Rx Africa (Ethiopia) PLC, formerly known as Sunshine Pharmaceutical, and Diamond Entertainment Corporation, a publicly held corporation (OTCBB:DMON) headquartered in Walnut, California. Rx Africa (Ethiopia) PLC owns and operates a state-of-the-art pharmaceutical plant built on twenty three thousand square meters of land located south of Addis Ababa, Ethiopia. The facility was established to manufacture HIV/AIDS, malaria, tuberculosis and other generic drugs for distribution initially in Ethiopia and eventually throughout Africa. The company is currently producing and marketing a total of six products, and is in the process of scaling up its production with the expectation of producing at least 30 new products by late 2007.

Read at BioSpace.com


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