Exhibit 99.3
"WINNING TOGETHER"
[GRAPHIC]
[LOGO OF RHODIA] [LOGO OF CHIREX]
"ChiRex Inc. ("ChiRex") stockholders are advised to read the tender offer
statement regarding the acquisition of ChiRex, referenced in the following
documents, which will be filed by Rhodia and Cousin Acquisition, Inc. with
Securities and Exchange Commission (the "SEC") and the related
solicitation/recommendation statement which will be filed by ChiRex with the
SEC. The tender offer statement (including an offer to purchase, letter of
transmittal and related tender offer documents) and the
solicitation/recommendation statement will contain important information which
should be carefully read before any decision is made with respect to the offer.
These documents will be made available to all stockholders of ChiRex, at no
expense to them. These documents also will be available at no charge at the
SEC's website at www.SEC.GOV."
"The following documents include certain "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995. These
statements are based on management's current views and assumptions and involve
known and unknown risks and uncertainties that could cause actual results,
performance or events to differ materially from those anticipated by such
statements. Factors which could cause such differences in actual results
include, among others (i) the risk that the Rhodia and ChiRex businesses not be
integrated successfully, (ii) changes in the competitive and regulatory
framework in which Rhodia and ChiRex operate, and (iii) general competitive and
market factors on a global, regional and/or national basis."
[LOGO OF RHODIA]
[LOGO OF CHIREX] "Winning Together" Juillet 2000 2
What's happening
[GRAPHIC]
ChiRex, a leading provider of advanced development and manufacturing services to
the pharmaceutical industry, has combined with Rhodia, a leading specialty
chemicals company
[LOGO OF RHODIA]
[LOGO OF CHIREX] "Winning Together" Juillet 2000 3
What does each Company have?
ChiRex, the Drug Substance Cy
. Chemists
. 3 Development Centers
. 30 of the world's
40 largest Pharma Companies as customers
. 2 World-Class Manufacturing plants
. 600 employees
Rhodia, a Leading Specialty Chemical Cy
. 4 Development Centers
. Large platform of basic R&D
. Global presence
. Back integration and security of supply chain
. Financial solidity
. 200 employees in exclusive synthesis
[LOGO OF RHODIA]
[LOGO OF CHIREX] "Winning Together" Juillet 2000 4
Now, we are offering something even better
[GRAPHIC]
[LOGO OF RHODIA]
[LOGO OF CHIREX] 5
Rhodia ChiRex will offer the most innovative and advanced platform of
technology-based services to the pharmaceutical industry on a global basis
[GRAPHIC]
[LOGO OF RHODIA]
[LOGO OF CHIREX] 6
We meet the full spectrum of customer needs from discovery to launch
[GRAPH]
Discovery
IND
NDA
Launch
API Volume
Rhodia
CHIREX
Discovery Support
Synthesis Design
Route Development
Process Demonstration
Scale-up
Analytical Methods Development
FDA Document Preparation
Clinical Trial Supply
FDA Validation
Regulatory Support
Launch Supply
Post-launch Supply
[LOGO OF RHODIA]
[LOGO OF CHIREX] "Winning Together" Juillet 2000 7
We now have capabilities across the entire pharmaceutical product life cycle
Chemical Base chemical
Drug discovery progress Intermediate Advanced
support Development building block intermediates API Dosage form
[X] Platform on [X] Process transfer
basic R&D [X] Biotechnologies
[X] Formulation
[X] Scale-up [X] development
[X] continuous and [X] Expertise in solid
multiproducts [X] finishing
[X] reaction
processes
[LOGO OF RHODIA]
[LOGO OF CHIREX] "Winning Together" Juillet 2000 8
We now have capabilities across the entire pharmaceutical product life cycle
Chemical Base chemical
Drug discovery process Intermediate Advanced
support Development building blocks intermediates API Dosage form
[X] Discovery [X] Platform on [X] Process transfer
support basic R&D [X] Biotechnologies
[X] Route [X] Formulation
development [X] FDA document development
preparation [X] Expertise in solid
[X] Scale-up [X] Clinical Trial finishing
[X] continuous and Supply
multiproducts [X] FDA Validation
[X] reaction [X] Regulatory Support
processes [X] Launch Supply
[LOGO OF RHODIA]
[LOGO OF CHIREX] "Winning Together" Juillet 2000 9
We have an expanded platform of proprietary technologies
[GRAPHIC]
. Kinetic resolution
. Asymetric epoxydation
. Asymetric reduction
. Asymetric dihydroxylation
. Amino acid technology
. Aromatic bond-forming
[LOGO OF RHODIA]
[LOGO OF CHIREX] "Winning Together" Juillet 2000 10
We have an expanded platform of proprietary technologies
[GRAPHIC]
. Kinetic resolution
. Asymetric epoxydation
. Asymetric reduction
. Asymetric dihydroxylation
. Amino acid technology
. Aromatic bond-forming
. Chiral reduction and chiral
catalytic hydrogenation
. Soft fluorination
. Enzymatic catalysis
. Biaryles synthesis
. Carbo anions cryogenic
chemistry
[LOGO OF RHODIA]
[LOGO OF CHIREX] "Winning Together" Juillet 2000 11
We have an expanded platform of proprietary technologies
[GRAPHIC]
. Process chemical engineering
. Scale up and industrialization
. Analyitical
. Catalysis
. Kinetic resolution
. Asymetric epoxydation
. Asymetric reduction
. Asymetric dihydroxylation
. Amino acid technology
. Aromatic bond-forming
. Chirial reduction and chiral
catalytic hydrogenation
. Soft fluorination
. Enzymatic catalysis
. Biaryles synthesis
. Carbo anions cryogenic
chemistry
[LOGO OF RHODIA]
[LOGO OF CHIREX] "Winning Together" Juillet 2000 12
We have expanded our global presence
[MAP]
Boston
Malvern
Dudley
Annan
Sales
() Pilot () Manufacturing () Sales
[LOGO OF RHODIA]
[LOGO OF CHIREX] "Winning Together" Juillet 2000 13
We have World-Class Development Facilities
[MAP]
Annan (UK)
Avonmouth (UK)
Dudley (UK)
Boston (USA)
Malvern (USA)
Lyon (Fra) ( )
[LOGO OF RHODIA]
[LOGO OF CHIREX] "Winning Together" Juillet 2000 14
We have World-Class Manufacturing Facilities
[MAP]
of which 4 having cGMP facilities
Annan (UK)
Avonmouth (UK)
Dagenham (UK)
Dudley (UK)
Holmes-Chapel (UK)
Mulhouse (Fra)
[LOGO OF RHODIA]
[LOGO OF CHIREX] "Winning Together" Juillet 2000 15
We are committed to working with you in a flexible way
. Every customer is important to us
. We want projects of all sizes and all phases of pharmaceutical chain
. We will deliver quality on time, to your expectations
[GRAPHIC]
[LOGO OF RHODIA]
[LOGO OF CHIREX] "Winning Together" Juillet 2000 16
The key figures of Rhodia ChiRex
[GRAPHIC]
. 800 global staff
. 140 chemists
. 7 developpement centers
. 4 plants (830 m3 cGMP reaction capacity)
. Sales revenues: 180 US Millions $
[LOGO OF RHODIA]
[LOGO OF CHIREX] "Winning Together" Juillet 2000 17
[GRAPHIC]
Rhodia ChiRex the leading provider of
innovative technology-based services
to the pharmaceutical industry
[LOGO OF RHODIA] [LOGO OF CHIREX]
A Results-Oriented Culture...
Winning Spirit
[PHOTO]
Taking Responsibility
[PHOTO]
Working Together
[PHOTO]
The 3 key values of the Spirit of Rhodia ChiRex conveyed by:
Senior Management
Group Policies
Global Change Initiatives
[LOGO OF RHODIA]
[LOGO OF CHIREX] "Winning Together" Juillet 2000 19
Taking
Responsibility The Spirit of Rhodia ChiRex
. Individuals commit to:
- express opinions while respecting those of others
- accept decision-making for the common good
- support and implement decisions taken
- safety and respect for the environment
. Welcome challenges, transforming them into opportunities
. Base recognition on both results and behavior
. Fulfill commitments and continuously improve performance
[LOGO OF RHODIA]
[LOGO OF CHIREX] "Winning Together" Juillet 2000 20
Working Together The Spirit of Rhodia ChiRex
. Become stronger by sharing knowledge and experience
. Enhance individual skills and encourage mobility throughout Rhodia
. Promote networking and co-operation between teams
. Develop and use project structures and transversal programs
. Take pride in and communicate the successes of our teams
[LOGO OF RHODIA]
[LOGO OF CHIREX] "Winning Together" Juillet 2000 21
Winning Spirit The Spirit of Rhodia ChiRex
. Innovate, grow and create value to shape our future
. Operate through accountable, autonomous and credible teams
. Seize advantage through anticipation, speed and initiative
. Reach leadership positions in each of our businesses
. Be proactive with customers and proud of our achievements
[LOGO OF RHODIA]
[LOGO OF CHIREX] "Winning Together" Juillet 2000 22
The Best is Yet To Come
[GRAPHIC]
[LOGO OF RHODIA CHIREX]