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TYR Tyratech (DI/S)

2.95
0.00 (0.00%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Tyratech (DI/S) LSE:TYR London Ordinary Share COM SHS USD0.001 (DI / REGS)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.95 2.70 3.20 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

TyraTech, Inc. Head-Lice Preventative Shampoo Coming to US Market (0029Y)

20/01/2014 7:00am

UK Regulatory


Tyratech (LSE:TYR)
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TIDMTYR TIDMTYRU

RNS Number : 0029Y

TyraTech, Inc.

20 January 2014

20 January 2014

TyraTech, Inc.

("TyraTech" or the "Company")

Vamousse(TM) head lice preventative shampoo coming to market in the USA

TyraTech, Inc. (AIM: TYR and TYRU) a life sciences company focusing on nature-derived insect and parasite control products, is pleased to announce its pioneering, over-the-counter head lice preventative shampoo product, Vamousse(TM), is now listed with the USA Food and Drug Administration ("FDA") and will be available for sale in the USA from the end of Q1 2014. The Vamousse Preventative Shampoo is a new product in the Vamousse range of head lice products and complements the Vamousse Treatment.

The Vamousse(TM) preventative shampoo product is targeting a new market, the prevention rather than the treatment of head lice infestation. The product provides a unique solution to help prevent head lice infestation. The shampoo can be used on a regular basis to prevent head lice infestation in children in at-risk situations (sleep-overs, camps, sports, events with friends, etc.) as well as to protect the whole family when an infestation occurs in one of its members. TyraTech believes that this product has the potential to give it access to a new market segment for prevention and for routine use of the product whereas existing head lice treatments are only used on an emergency basis and only for individuals that are already infested.

In addition, the new Vamousse(TM) preventative shampoo product will enable TyraTech to further expand its market penetration by offering a larger range of products for both head lice treatment and prevention. TytraTech believes that the Vamousse Preventative Shampoo will be distributed initially on-line and in brick-and-mortar distributors in the USA.

Bruno Jactel, Chief Executive Officer, said: "We have been working diligently to accelerate the development of this breakthrough preventative head lice shampoo targeting a new and potentially significant market. We are delighted to announce that we are now FDA listed and ready to launch in the US market. This product will be available soon in traditional retail and internet-based distributors. We feel confident that TyraTech's unique and complete product offering will help us to establish a significant market presence. TyraTech believes it is well positioned to meet market expectations for 2014 revenues."

Further information on Vamousse(TM) is available on the Company's website at:

http://www.tyratech.com/content/company-products/head-lice.asp

For further information please contact:

 
TyraTech Inc. 
 Alan Reade, Non-Executive Chairman                                           Tel: +44 7841 978709 
 Bruno Jactel, Chief Executive Officer                                        Tel: +1 919 415 4340 
 
  SPARK Advisory Partners Limited, Nominated Adviser 
  Matt Davis / Mark Brady                                                    Tel: +44 20 3368 3551 
 
  Allenby Capital Limited , Joint Broker 
  Chris Crawford                                                             Tel: +44 20 3328 5656 
 
  Whitman Howard Limited, Joint Broker 
  Ranald Mc-Gregor Smith / Niall Devins                                      Tel: +44 20 7087 4555 
 
  Walbrook, Financial PR and IR 
  Bob Huxford /Guy McDougall (Public Relations)                              Tel: +44 20 7933 8792 
  Paul Cornelius (Investor Relations)                                        Tel: +44 20 7933 8794 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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