European Approval

Advanced Medical Solutions Grp PLC 15 December 2003 For Immediate Release Monday, 15 December, 2003 Advanced Medical Solutions Group plc Superglue Stitching Product gets European Approval LiquiBand(TM) Surgical Winsford, UK: Advanced Medical Solutions (AIM: AMS), the global woundcare technology company, today announces that it has received CE Mark approval for Europe for the sale of its new Liquiband(TM) Surgical wound closure product which uses super-glue technology to replace stitching. The product has now been introduced into the UK market where it will be sold by the Group's MedLogic sales team. It has also been launched to existing European distributors for introduction into various European countries during Q1, 2004. LiquiBand(TM) Surgical is a novel medical device that utilises super-glue technology for closing surgical incisions in the operating theatre and provides benefits over conventional techniques such as suturing and stapling. This technology has already proven to be very successful for wound closure in the Accident and Emergency (A&E) department where MedLogic is market leader in the UK. MedLogic's LiquiBand(TM) product is currently used for closing over 30,000 trauma and minor surgical wounds per month. The new Surgical product has been designed to meet the requirements of the surgeon, nursing staff and patient. It consists of a two-part system - a fast setting, high strength adhesive is used to close the incision and then a liquid adhesive film is painted over the skin. This sets to provide a post-operative dressing that is secure, flexible and resistant to water and bacteria. This form of closure also helps to minimise scarring after surgery thus providing a good cosmetic result for the patient. The new product has received positive feedback during clinical evaluation in the UK where it was found to be easy to apply, provided very effective and rapid sealing of wounds and gave excellent patient outcomes. The global market for wound closure is estimated at over $3 billion, of which tissue adhesives are a rapidly growing segment. It has been estimated that up to 40% of wounds currently closed by sutures and staples are suitable for adhesives. Although these products are becoming routinely used in many A&E departments, the major market opportunity for them is for closing surgical incisions in the operating theatre. Commenting on this announcement, Dr Don Evans, CEO of AMS stated: 'The approval and launch of Liquiband(TM) Surgical is a major milestone in further exploiting our medical adhesive technology by accessing the dynamic surgical wound closure market. MedLogic has built a leadership position in the UK A&E arena by focusing on end-user customer requirements and this exciting new product is the result of extensive discussions and evaluation with all parties involved in the closure and post-operative management of surgical incisions.' 'This launch provides AMS with a significant shift to higher value technology in a high growth market sector. With the product now available in the UK, we look forward to rolling it out with existing and new distributors throughout Europe during 2004.' - ENDS - For further information, please contact: Advanced Medical Solutions Group plc Tel : +44 (0) 1606 863 500 Don Evans, Chief Executive Mary Tavener, Finance Director www.admedsol.com Buchanan Communications Tel: +44 (0) 20 7466 5000 Tim Anderson, Mary-Jane Johnson Notes to Editors: Advanced Medical Solutions is a leading company in the development and manufacture of products for the £15 billion global woundcare market. Founded in 1991 and currently quoted on AIM, Advanced Medical Solutions is focused on the design, development and manufacture of innovative and technologically advanced products for woundcare and other medical applications. In-house natural and synthetic polymer technology is used to provide advanced wound dressings based on the moist healing principle. AMS's resources ensure a unique position as a vertically integrated 'one stop shop' to provide all categories of moist wound healing products. The Company has the capability to move from product design and development through to production and delivery ready for distribution into customer markets. The acquisition of MedLogic in 2002 has brought AMS products and technology in cyanoacrylate based tissue adhesives and sealants sold direct to A & E departments or through distributors. AMS's technology and products currently serve the majority of the key global markets with strategic partners including 3M, Novartis, Johnson & Johnson, Molnlycke Healthcare, Coloplast, Smith + Nephew and Beiersdorf. This information is provided by RNS The company news service from the London Stock Exchange
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