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Press Release Wednesday, September 17, 2008

Xcelris Labs enters into first Strategic Alliance with DMRI (Drug Monitoring & Research Institute) to provide BA/BE (Bio-Availability and Bio-Equivalence services)

From correspondents in Gujarat, India, 01:22 PM IST

Xcelris Labs, an Ahmedabad based CRO (Contract Research Organisation) set up by promoters of Claris Lifesciences Ltd., today announced, that it has entered into a Strategic Alliance agreement with Drug Monitoring & Research Institute (DMRI), Mumbai to provide Bio Analytical /Bio Equivalence services. Under the agreement, Xcelris Labs will work with DMRI as a partner to provide BA/BE services to its clients.

Commenting on this development, Mr. Aditya Handa, Director, Xcelris Labs said, “DMRI is an independent CRO (Clinical Research Organization) providing drug research and clinical services to pharmaceutical and biotechnology companies in drug research and development phases and offers wide range of services in the category of Bio Analytical / Bio Equivalence studies & Clinical Trials, which form part of the said research and development phases. The synergy would enable Xcelris Labs to better connect with the end-customers and in the process create value for them in the market place”.

Xcelris Labs’ vision is to lead the way to a healthier world by partnering with Global Pharmaceutical and Biotech communityto deliver high quality andaffordablehealthcare solutions. The company has a state of the art facility which is GLP (Good Laboratory Practice) & cGMP (current Good Manufacturing Practices) compliant. The facility and the team at Xcelris Labs are poised to accelerate its global reach by providing its high-end qualityservices with special focus on client confidentiality and their Intellectual Property protection thus catering to the needs of both Pharmaceutical and Biopharmaceutical companies globally.

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