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DRM Dermasalve

2.75
0.00 (0.00%)
24 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Dermasalve LSE:DRM London Ordinary Share GB0034270156 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.75 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Product Update

11/12/2007 4:49pm

UK Regulatory


    11 December 2007

                            DERMASALVE SCIENCES PLC                            

                         ("DermaSalve" or the "Group")                         

                                PRODUCT UPDATE                                 

The Directors of DermaSalve are pleased to announce that Healthy and Essential
Limited ("H&E"), the Group's distributor of Omega 3 products, has achieved a
listing for its main morEPA fish oil brand in over 120 Waitrose stores
commencing in January 2008.

The Directors expect that this will make a material impact on both the turnover
and profitability of H&E, which achieved an unaudited turnover of £1.41m in the
year ended 31 August 2007.

Dr Mark Randle, Chief Executive Officer, said: "We are pleased to have gained
distribution in a major UK retailer, substantially increasing our market reach
for what we believe to be the leading premium Omega 3 fish oil supplement."

Background on H&E

H&E was acquired by DermaSalve in August 2006 and is a specialist distributor
of Omega-3 products, specifically fish and flax seed oils. The products are
aimed at the UK and Ireland markets.

H&E supplies products to over 320 outlets including Harrods, Selfridges and the
NutriCentre (part of the Tesco Group).

Enquiries:

DermaSalve Sciences plc                0191 260 5070                         
Dr. Mark Randle                                                              
Phil Pattison                                                                
                                                                             
Hanson Westhouse Limited               0113 246 2610                         
Tim Feather                                                                  
Matthew Johnson                                                              
                                                                             
Hansard Group                          020 7245 1100                         
Brendan Adams                                                                

END


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