LaGray Chemical Company

LaGray Chemical Company Partners with Poverty Reduction Foundation

(CSRwire) NSAWAM, GHANA - Africa focused pharmaceutical company, LaGray, today announced a partnership with the Rural Women Skills and Development Foundation (RWSDF) of Ghana.

Speaking at the annual graduation and fundraising event held at the foundation's vocational training center, Dr. Paul Lartey, CEO of LaGray, reiterated the importance of African rural women skills development and education to the alleviation of poverty on the continent, adding "the objective to empower women by imparting employable skills to young ladies from deprived backgrounds is one we must all support."

The company, according to Dr. Lartey, will make its pharmaceutical production facility available for the training of a selected number of students from the center. He further announced that, in addition to an on-the-spot cash donation at the function, LaGray will award annual scholarships to support two students at the foundation's vocational training center.

LaGray is building the first fully vertically integrated pharmaceutical company in West Africa, manufacturing both active pharmaceutical ingredients and finished dosage forms. The company, whose plant is located at Nsawam, Ghana, is focused on drugs for the treatment of malaria, HIV-AIDS, hypertension, tuberculosis and respiratory tract infections. LaGray is scheduled to go into production in the first quarter of 2007.

RWSDF is an NGO that provides training in vocational and technical skills, to women from the rural areas of Ghana. The NGO is largely supported by the German church organization Evangelischer Entwicklungdienst. RWSDF graduates 35 women annually, armed with marketable skills and entrepreneurial training.

CSRwire

For more information please contact:

Dr. Paul Lartey
+233 (832) 22332
+1 (773) 764-1573
 
© 2006 LaGray Chemical Company
Chicago Tel: +1 (773) 764-1573 & (312) 421-3863 Fax: (773) 764-1581
Nsawam Tel: +233 (0832) 22332 & Fax: (0832) 22174