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BBI Bbi Hldgs

185.00
0.00 (0.00%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Bbi Hldgs LSE:BBI London Ordinary Share GB00B00M4S16 ORD 2.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 185.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

FDA Clearance Delay

03/01/2008 4:16pm

UK Regulatory


RNS Number:0518L
BBI Holdings PLC
03 January 2008

                                BBI Holdings Plc



Delay in FDA clearance for SensoCard Plus



BBI Holdings Plc ("BBI"), the AIM listed developer and manufacturer of rapid
result diagnostic tests and reagents for the diagnostic industry, announces a
delay to the process in gaining FDA clearance to market the SensoCard Plus
glucose meter in the USA.



This delay has been prompted by issues raised by the FDA which will require
further investigation, and possible additional collation of patient data. These
requirements are beyond BBI's control and will involve investment by the
manufacturer, 77 Elektronika ("E77"). The product is CE marked and is
distributed by BBI in the UK.  BBI also holds the distribution rights for the US
market.



The SensoCard Plus talking blood glucose meter enables visually impaired and
blind diabetes patients to monitor their blood glucose levels at home, and is
currently the only talking meter available in the UK.



The timing of revenues from this product in the US market remains uncertain and
the Board of BBI does not expect it to generate revenues in 2008/09.





For further information:


BBI Holdings plc                                        029 2074 7232
Julian Baines, Chief Executive


Cenkos Securities plc                                   020 7397 8900
Ian Soanes / Adrian Hargrave

Parkgreen Communications Ltd                            07980 541 893
Paul McManus                                            paul.mcmanus@parkgreenmedia.com








                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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