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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Maelor | LSE:MLR | London | Ordinary Share | GB00B2QBY649 | ORD 70P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 100.00 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:7913B Maelor PLC 10 August 2004 Maelor Appoints Volplex(R) Distributor for Brazil Wrexham, UK, 10 August 2004: Maelor plc, the specialist healthcare products company, today announced that it has appointed a partner for the distribution of its blood plasma substitute product, Volplex, in Brazil. Zodiac Productos Farmaceuticos is a Brazilian company with experience in marketing blood-related products, and is an affiliate of Tecnofarma SA, a major regional pharmaceutical company based in Buenos Aires. Zodiac will be responsible for the regulatory submission, marketing and sales of Volplex in Brazil. Volplex (succinylated gelatin) is given as an intravenous infusion to substitute for blood volume lost by patients suffering from the effects of trauma, surgery or certain medical conditions which result in hypovolaemia (lower than normal blood volume). Since launch last year, the product has established itself by winning major contracts in the #8m UK market through its distributor Cambridge Laboratories. Volplex has expanded its international franchise over the last few months, gaining regulatory approval in Argentina in December 2003 where it will be launched later this year. In preparation for launch Maelor has established partners in South Africa and Bangladesh (where regulatory applications have already been submitted) and also in Australia, China and South Korea. Stephen Appelbee, CEO of Maelor plc, said: "This is another major market for Volplex and follows other recent distributorship deals in China and South Korea. Brazil's pharmaceutical market is just emerging from a major restructuring, and the economy as a whole appears to be overcoming its recent difficulties." -ends- For further information: Maelor plc Stephen Appelbee, Chief Executive Officer Tel: 01978 810 153 Financial Dynamics Ben Atwell/Lucy Briggs Tel: 0207 831 3113 Notes to editors: Maelor plc Maelor is an AiM-listed specialist healthcare products company. Maelor operates on a virtual basis, outsourcing both product development and manufacturing, and outlicensing the sale of its products to distribution partners. The company has several products on the market including OptiFlo(R), ContiSolTM, Volplex and Maelor Oral Syringes. OptiFlo, a urethral catheter maintenance range, launched in the UK in June 1999 and distributed through Bard Limited, has gained a 42% share of the UK community prescription market. ContiSol, Maelor's own brand urethral catheter maintenance range, has already been launched in Spain and Greece. The product has also gained approval in Argentina where launch is expected shortly. Maelor Oral Syringes are individually-wrapped devices designed to give doses of liquid medicines accurately to patients who cannot easily be treated by other routes of administration. Maelor has various products under development including micelle propofol, a reformulation of the world's biggest selling general anaesthetic. Volplex(R) and ContiSolTM are trademarks of Maelor Pharmaceuticals Limited. OptiFlo(R) is a trademark of Bard Limited. This information is provided by RNS The company news service from the London Stock Exchange END AGRQKCKBOBKDKFK
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