Collaboration with Samaritan Pharmaceuticals, SIS Foundation, and Harvest Biotech Foundation in Africa to Provide Free Drugs to African Children with AIDS Business Wire
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Collaboration with Samaritan Pharmaceuticals, SIS Foundation, and Harvest Biotech Foundation in Africa to Provide Free Drugs to African Children with AIDS

Business Wire - September 12, 2003


LAS VEGAS--Samaritan Pharmaceuticals Inc., its philanthropic arm, the Samaritan Innovative Science Foundation (SISF), and A Harvest Biotech Foundation International, Africa (AHBFI) today announced the formation of a collaboration to provide free drugs to children with AIDS in Africa.

Why It Matters

UNICEF noted that while Africa accounts for only 12 per cent of the world's population, it claims 43 per cent of the world's child deaths, 50 per cent of maternal deaths in childbirth, 70 per cent of people living with HIV/AIDS, and a staggering 90 percent of all children orphaned by AIDS.

Strategic Links to Africa

Dr. Wambugu, Executive Director of AHBFI is networked with numerous organizations, one being, New Partnerships for Africa Development (NEPAD). Dr. Wambugu, as a passionate believer in service to humankind, also serves on the board of the Bill & Melinda Gates Foundation: Global Health Challenge and the United Nations: Hunger Task Force, providing the collaboration with an incredible strategic link to Africa.

Dr. Janet Greeson, CEO of Samaritan Pharmaceuticals and Chairman and Founder of SIS Foundation stated, "Dr. Wambugu is awesome. Immediately, you sense her passion for Africa, and it becomes contagious."

Humanitarian Purpose

The purpose of the collaboration is to concentrate on alleviating the life-and-death challenges facing children and adults with AIDS in Africa. Samaritan's HIV drug has proved promising, safe and effective through proof of concept Phase II clinical human trials. Samaritan hopes to be able to offer this drug, upon FDA approval, at a very low cost to suffering patients.

SIS Foundation Humanitarian Plan

SISF proposes to work with Kenya, AHBFI Africa, WHO, the UN, IntegriHeatlh, and NBC Africa Ltd. to conduct clinical trials first in Kenya and then Johannesburg, Africa. Should these trials prove successful, SISF will continue to work with its collaborative partners to make the drug available to all sub-Saharan Africans with HIV.

About Samaritan Innovative Science Foundation

The SIS Foundation is an independent charitable foundation established by Samaritan Pharmaceuticals, Inc. The Foundation's primary mission is, to demonstrate a Samaritan love of humankind by relieving human misery and suffering. SISF focuses on improving "quality of life" for the underserved and the underprivileged, with a special emphasis on the children of the world with AIDS. http://www.samaritanpharma.org

About A Harvest Biotech Foundation International

"A Harvest" is a non-profit organization incorporated in California, USA. It is registered in Kenya and South Africa as a non-profit organization (NGO) and has operational offices in the three countries. The Foundation is governed by a Board of Directors with local, African and international experience. http://www.ahbfi.org/biotech/

About Samaritan Pharma: "A Little Bridge Can Go a Long Way"

Samaritan Pharmaceuticals, in collaboration with Georgetown University, drives to bridge the gap by effectively translating research from the bench to the bedside. Samaritan strives to accelerate preclinicals, thru human "proof of concept" trials; lessening the time breakthrough drugs, reach suffering Alzheimer's, Cancer, Cardiovascular, and HIV patients. http://www.samaritanpharma.com

Disclaimer

The company disclaims any information that is created by an outside party and endorses only information that is communicated by its press releases, filings and Web site. This news release contains forward-looking statements that reflect management's current beliefs about the potential for its drug candidates, science and technology. However, as with any biopharmaceutical under development, there are significant risks and uncertainties in the process of development and regulatory review. There are no guarantees that products will prove to be commercially successful. For additional information about the factors that affect the company's business, please read the company's latest Form 10-K filed May 15, 2003. The company undertakes no duty to update forward-looking statements.

Contact: Samaritan Innovative Science Foundation, George Weaver 702/735-7001, Fax 702/737-7016, Email Gweaver@samaritanpharma.org. Visit Web site for Samaritan Innovative Science Foundation at www.samaritanpharma.org

CONTACT: Samaritan Innovative Science Foundation

George Weaver, 702-735-7001

Fax: 702-737-7016

Email: GWeaver@samaritanpharma.org

SOURCE: Samaritan Pharmaceuticals Inc.


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