1. Wise Pharmaceuticals Ltd. Headquarter at Oxford House, Oxford Street, Manchester M1 5EA U.K is a Limited company.

2. THE COMPANY Wise Pharmaceuticals Ltd. Was set up in MARCH 2002. The Company enjoys a firmly established presence in UK, operating through a network of distributors and pharmacies. Wise Pharmaceuticals Ltd. has evolved into a pharmaceutical marketing company, focused on developing and marketing brand and generic pharmaceutical products covering several therapeutic classes. Wise seeks suppliers / manufacturers that will actively participate in our business, and through application of a continuous improvement process to achieve reduced costs and increased efficiency.

3. Acquisition of product Licences Wise Pharmaceuticals has purchased 42 Liquid pharmaceutical product licences from William Ransom which are currently being marketed in UK. The product range will provide the foundation for Wise’s growth as a specialty pharmaceutical company. Wise now has generic drugs in all major therapeutics in a variety of dosage forms, from tablets and capsules to ointments, creams and liquids. With 38 more Licences at Wises’s disposal and multiple international suppliers and manufacturers, the Company is poised to grow as major Health Care Products marketing organisation. Wise believes that its product diversity will continue to be of significance, for the needs of an emerging generic industry affected by trends of consolidation among care providers, large pharmacy chains, wholesaling organizations and other buyer groups.

4. Aromatic Magnesium Carbonate Mixture B.P. Calamine Lotion B.P. 12 X 200 ml Calamine Lotion B.P. Calamine Lotion B.P.(Own Label) Codeine Linctus B.P. Codeine Phosphate Oral Solution B.P. Compound Benzoin Tincture B.P. Compound Podophyllin Paint B.P. Compound Thymol Glycerin B.P. Conc. For Ipecacuanha & Morphine Mixture BP 1980 Ichthamol Glycerin B.P.C Kaolin & Morphine Mixture B.P. Kaolin Mixture B.P. Liquid Paraffin B.P. Magnesium Trisilicate Mixture B.P. Menthol & Eucalyptus Inhalation B.P. 1980 Methyl Salicylate Liniment B.P. Oily Calamine Lotion B.P. 1980 Opiate Squill Linctus B.P. Own Label Paediatric Kaolin Mixture B.P. 1980 Paediatric Paracetamol Oral Solution B.P. Paediatric Simple Linctus B.P. Phenobarbitone Elixir B.P. Pholcodine Linctus B.P. Ransom's Glycerin, Lemon & Honey Linctus Salicylic Acid Collodion B.P. Methylated Simple Linctus B.P. Simple Linctus B.P. (Own Label) Soap Liniment B.P.C. Methylated Strong Pholcodine Linctus B.P. White Liniment B.P. Product Licences Liquids

5. Amoxicillin suspension Amoxicillin Atenolol Betahistine Captopril Cimetidine Ciprofloxicin Diazepam Diclofenac Diltiazem HCl Domperidon Doxazosin Frusemide Glibenclamide Ibuprofen Indometacine Lactulose Naproxen Nitrazepam Oxybutynine HCl Paracetamol Penicillin Penicillin Susp. Ranitidine Zopiclon Product Licences Generic

6. Distribution Distribution of pharmaceuticals is highly complex and diffuse, as retail outlets are polarised between the enormous High Street retailers and small, community-based pharmacies. Pharmaceuticals are generally distributed via specialist wholesalers. With increasing harmonisation of regulations and markets within the EU and the increasing adoption of mutual recognition agreements throughout the world, the global market is opening up.

7. Current Brands Vitamin Range Ibuprofen Suspension

8. National Westminster Commercial Bank South Manchester Commercial Business Centre, Haw Bank House, High Street, Cheadle Stockport SK8 1AL GREATER MANCHESTER United Kingdom Sort Code: 01 09 78