Univec Inc (UNVC)

[GREEN MAKER]

$UNVC On December 31, 2001 Univec, Inc., acquired Physician and Pharmaceutical
Services, Inc., (PPSI) a company engaged in group purchasing (GPO) and promoting
Pharmaceutical company prescription samples to physicians for their patients. PPSI
reduces the cost in the prescription-sampling channel by providing efficient
fulfillment and tracking of prescription usage. PPSI's national network of pharmacies
fills the sample prescription on a discounted fee and the Company's mail service
fulfillment complements additional needs. PPSI's approach conforms to regulations
requiring increased accountability and elimination of diversion of prescription
samples, consequently reducing the exposure of physicians and pharmaceutical companies
to potential liabilities and non-compliance penalties. PPSI’s group purchasing programs
provide for reduces prices on prescription drugs and other products through leveraged
purchasing and closed system market share. Univec also is a distributor of a highly
regulated pharmaceutical drug, methadone and other prescription drug products.

Univec during late 2004 established the company as a distributor of specialty and
highly regulated pharmaceutical products. The company intends to expand the product line
to take further advantage of its group purchasing and closed systems purchasing.

Univec extended its product line to include a highly regulated pharmaceutical (methadone)
and other pharmaceutical products. The company will continue to sell it products through
large United States based wholesalers as well as direct in large bulk to the larger
customers of the company. The company’s group purchase programs and closed market purchasing
positions the company’s product line well.