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0QV2 Bactiguard Holding Ab

24.10
0.00 (0.00%)
28 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Bactiguard Holding Ab LSE:0QV2 London Ordinary Share SE0005878741 BACTIGUARD HOLDING ORD SHS
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 24.10 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Health & Allied Services,nec 223.17M -138.38M -4.4576 -5.41 748.16M

Bactiguard receives first MDR product approval

10/01/2023 8:26am

PR Newswire (US)


Bactiguard Holding Ab (LSE:0QV2)
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STOCKHOLM, Jan. 10, 2023 /PRNewswire/ -- Bactiguard today announces its first MDR (Medical Device Regulations 2017/745) product approval following a comprehensive authorization process. The MDR approval relates to the latex BIP Foley Catheter which is an indwelling urinary catheter with Bactiguard's unique infection prevention technology.

Bactiguard's patented technology is based on a thin noble metal alloy coating attached to the catheter surface. When in contact with fluids, the metals create a galvanic effect which reduces microbial adhesion where fewer bacteria adhere to the catheter surface. Today, one out of ten patients worldwide are affected by healthcare associated infections (HAI) and catheter-associated urinary tract infections (CAUTI) stand for a considerable part. Urinary catheters with Bactiguard's technology reduce the risk of CAUTI significantly.

- Patient safety always comes first for Bactiguard, and stricter regulations are an advantage to us. Products scrutinized in the MDR-process are audited through higher standards of quality and safety. The BIP Foley catheter made it through this thorough process and will not only improve patient safety by reducing the risk of HAI but also by reducing the use of antibiotics. A powerful combination with positive impact on both patients and a healthier world, says Fatima Stensvad Flodin, Bactiguard's Chief Quality & Regulatory Officer.

The new MDR regulations were adopted as per May 26, 2021, to ensure that only non-harmful equipment used on patients and by care takers is allowed on the European market. The regulatory landscape is complex and Bactiguard will continue to carefully monitor various new demands and requirements, set by both the market and regulatory agencies, on medical devices.

  • Gaining the MDR-approval for the BIP Foley Catheter is a first step but an important achievement for us, it is a formal acknowledgement of our work on quality and safety, and this will pave the way also for future product approvals. The BIP Foley urinary catheter is one of Bactiguard's products that combats HAI and our ambition is to remain at the forefront of both complying with the highest regulatory requirements and continuing to bring safe infection solution technology and products to the market. And ultimately, make them accessible to more patients, says Anders Göransson, Bactiguard's CEO.

For more information, please contact:

Bactiguard press office +46 8 440 58 80 info@bactiguard.co

The following files are available for download:

https://mb.cision.com/Main/9686/3695096/1770001.pdf

230110 Bactiguard receives first MDR product approval

https://news.cision.com/bactiguard-holding-ab--publ-/i/bip-foley-catheter,c3131563

BIP Foley Catheter

 

Cision View original content:https://www.prnewswire.co.uk/news-releases/bactiguard-receives-first-mdr-product-approval-301717494.html

Copyright 2023 PR Newswire

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