The validation of an assembly line is standard practice It was listed in the contract of purchase at the time . Mikron do not get their final payment untill they can prove that contract meets the specifications in the contract . It would be irresponsible of all parties involved to A. pay for the line without validating it and B sign sales contracts without having the performance of the line validated first.It covers a number of things including most important of all for sales contract the speed of operation . The question is not whether there will be a sales contract with sanofi aventis but quantities and delivery dates . It was included in announcements at the time the contract was made.
Sorry RSM, I thought it said 'product validation'. Not, assembly line.The validation of an assembly line is standard practice .
Still awaiting a reply *sigh*Thanks for clearing that up. I sent off an email yesterday asking UNS elaborate on "final product validation activities" and await their reply.
Still awaiting a reply *sigh*
Yesterday reffered to my initial post. I sent the email off on Thursday 31st March so Wednesday 30th March US time.yesterday was Sunday I wouldn't expect anyone to be there that is in the office before Monday actually Monday night our time .Your answer would hopefully be in your in box Wednesday morning our time
Any sales orders yet?
Did I read correct that the CEO was paid $10m last FY?
That's quite a lot for a company that has yet to sell anything.
Huh?validation now complete sales contracts about to follow and initial shipments to follow that Shipments should ramp up through 2012 requiring the high speed line to be ordered in the next few months assuming it takes about the same time to build and install as the first one
Why is it 'confidential' RSM?SECOND PHARMA BEGINS PURCHASES OF PREFILL
Unilife Starts Unifill Syringe Sales to Another Pharmaceutical Customer
YORK, Pa., July 19, 2011 /PRNewswire/ -- Unilife Corporation ("Unilife" or the "Company") (NASDAQ: UNIS; ASX: UNS) today announced it has commenced the initial sale of the Unifill ® ready-to-fill syringe to a U.S.-based global pharmaceutical company.
The commencement of Unifill sales to this new customer, whose identity remains confidential at this time, follows the initial shipment of the device to Sanofi last week. Unilife continues to expand its customer pipeline as an increasing number of pharmaceutical companies seek access to Unifill for the delivery of their prefilled injectable drugs.
Unilife expects this new U.S.-based pharmaceutical customer to conduct drug compatibility and stability tests with their injectable drugs in combination with Unifill as per standard industry practices for drug-device combination products. The resulting data is then filed to regulatory agencies as a final step before approval.
Why is it 'confidential' RSM?
And, why do more trials need to be done? It's either FDA approved or not, surely?
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