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Share Name Share Symbol Market Type Share ISIN Share Description
Advanced Medical Solutions Group Plc LSE:AMS London Ordinary Share GB0004536594 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  3.50 1.46% 243.50 244.50 256.00 260.00 240.50 240.50 39,310 09:00:58
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Health Care Equipment & Services 102.4 24.3 8.8 27.6 524

Advanced Medical Solutions Grp PLC CE mark approval for Silicone PHMB Foam Dressing

20/11/2020 7:00am

UK Regulatory (RNS & others)


Advanced Medical Solutions (LSE:AMS)
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RNS Number : 9471F

Advanced Medical Solutions Grp PLC

20 November 2020

 
   20 November 2020 
 

Advanced Medical Solutions Group plc

("AMS", the "Company" or the "Group")

CE mark approval for Silicone PHMB Foam Dressing

New product approval in Europe further strengthens AMS's global advanced woundcare range

Winsford, UK: Advanced Medical Solutions Group plc (AIM: AMS), the surgical and advanced wound care specialist company, today announces that it has received CE mark approval for the Group's Silicone PHMB Foam Dressing, which sits alongside the US approval for this product (announced in July 2019 ). The product will be commercialised via AMS's network of woundcare partners and distributors in CE mark approved markets.

The PHMB Foam Dressing is a polyurethane foam impregnated with Polyhexamethylene Biguanide along with an atraumatic perforated silicone wound contact layer. The dressing is indicated for use in the management of various wounds including pressure sores, diabetic ulcers, post-op surgical wounds and burns. The product can manage wound exudate as well as microbial contamination and the atraumatic silicone layer reduces wound pain during wound healing and dressing changes. The PHMB Foam Dressing has been shown to be highly effective against MRSA and a broad spectrum of microbes, with in vitro testing demonstrating total eradication of MRSA, MRSE, and E. coli within 24 hours, compared to market-leading silver products which failed to achieve this within seven days.

Chris Meredith, Chief Executive Officer of Advanced Medical Solutions, said : "This new product approval in Europe for Silicone PHMB Foam Dressing further strengthens AMS's advanced woundcare portfolio in Europe and reinforces the fact that our R&D and Regulatory capabilities are a key pillar of our organic growth strategy."

-End -

For further information, please contact:

 
 Advanced Medical Solutions Group plc            Tel: +44 (0) 1606 
                                                  545508 
 Chris Meredith, Chief Executive Officer 
  Eddie Johnson, Chief Financial Officer 
 
 Consilium Strategic Communications                Tel: +44 (0) 20 
                                                         3709 5700 
 Mary-Jane Elliott / Matthew Neal / Olivia 
  Manser 
                                                   Tel: +44 (0) 20 
  Investec Bank plc (NOMAD & Broker)                     7597 5970 
  Daniel Adams / Patrick Robb / Gary Clarence 
 

About Advanced Medical Solutions Group plc

AMS is a world-leading developer and manufacturer of innovative and technologically advanced products for the global surgical and woundcare markets, focused on quality outcomes for patients and value for payers. AMS has a wide range of surgical products including tissue adhesives, sutures, haemostats, and internal fixation devices, which it markets under its brands LiquiBand(R) , RESORBA(R) , and LiquiBandFix8(R) . AMS also supplies wound care dressings such as silver alginates, alginates and foams through its ActivHeal(R) brand as well as under white label. In 2019, the Group made two acquisitions: Sealantis, an Israeli medical device company with a patent-protected sealant technology platform; and Biomatlante, an established developer and manufacturer of innovative surgical biomaterial technologies based in France.

AMS's products, manufactured in the UK, Germany, France, the Netherlands, and the Czech Republic, are sold globally via a network of multinational or regional partners and distributors, as well as via AMS's own direct sales forces in the UK, Germany, the Czech Republic and Russia. The Group has R&D innovation hubs in the UK, Germany, France and Israel. Established in 1991, the Group has approximately 700 employees. For more information, please see www.admedsol.com.

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November 20, 2020 02:00 ET (07:00 GMT)

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