Cyplasin Biomedical Ltd Announces Supplier for C-Virin API

EDMONTON, Nov. 15 /CNW/ - Cyplasin Biomedical (CPBM: OTCBB and XYI1:FRA) is a product-oriented, specialty pharmaceutical company focused on developing products for the multi-billion dollar hepatitis C virus (HCV) market. The Company is pleased to announce that it has selected Aurobindo Pharma located in Hyderabad , India to supply  the active pharmaceutical ingredient (API) component for its Ribavirin drug product called C-Virin. 

The Company has ordered an initial  amount of the  Ribavirin API  in order to develop various formulations of its C-Virin product and initiate next step  product development activities .

Cyplasin CEO Garth Likes commented, "We are pleased to be able to work with such a high quality company as Aurobindo as this initiates the next step of our overall product development strategy.  We are working closely with our partners to expedite the Ribavirin API produced by Aurobindo so to formulate it into the final commercial form of the C-Virin product, thus bringing us that much closer to  revenue generation."

ABOUT CYPLASIN: http://www.c-pharma.net/

Cyplasin Biomedical is a publically-traded specialty pharmaceutical company (OTCBB:CPBM) with headquarters in Edmonton, Alberta. Cyplasin has amassed a portfolio of key products for the treatment and prevention of HCV infection, which affects over 4 million people in the U.S. and several hundred million people worldwide.

Cyplasin's technology encompasses the use of recombinant DNA technology to manufacture recombinant cytokines and virus like particles (VLPs). VLPs can be engineered to incorporate various viral and non-viral antigens for use as vaccines against many different types of targets such as hepatitis C. Cyplasin is using the technology to develop a hepatitis C vaccine (C- Vaxin) to prevent hepatitis C viral infection. The Company is also pursuing a revenue generation strategy by selling highly profitable drugs (C-Virin & C-Pegferon) for use in the hepatitis C market.

About Aurobindo Pharma

Aurobindo Pharma is the market leader in semi-synthetic penicillin drugs. It has a presence in key therapeutic segments like  cephalosporins, antivirals, CNS, cardio-vascular, gastroenterology, etc.  It has a multi-product portfolio with multi-country manufacturing facilities, and is becoming a marketing conglomerate across the world.  Aurobindo Pharma created a name for itself in the manufacture of bulk actives (API's) , its area of core competence.

Forward Looking Statements This news release contains "forward-looking statements", as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this current report which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainty offinancial estimates and projections, the competitive and regulatory environments, stock market conditions, unforeseen technical difficulties and our ongoing ability to operate a business and obtain financing. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differfrom those projected in the forward-looking statements.

Although we believe that our beliefs, plans, expectations and intentions contained in this current report are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our quarterly reports on Form 10-Q and our other periodic reports filed from time-to-time with the Securities and Exchange Commission pursuant to the Securities Exchange Act.

For further information:

visit our new websitewww.c-pharma.netor contact:
Mr. Garth Likes, President/CEO, [e-mail],
Ph: [phone]