Business
AGM and Trading Update
AGM and Trading Update.
About this update from Advanced Medical Solutions Group Plc
[{"type":"text","content":"\n RNS Number : 9002M Advanced Medical Solutions Grp PLC 02 June 2010 \n \n\nFor immediate release: 2 June 2010\n \nAdvanced Medical Solutions Group plc\n(\"AMS\" or \"the Company\")\n \nAnnual General Meeting and Trading Update\n \nWinsford, UK:Advanced Medical Solutions Group plc (AIM: AMS), the global medical technology company, will hold its Annual General Meeting at 12:00 today. Dr. Geoffrey Vernon, the Company's Chairman, will make the following comments on current trading:\n \n\"I am pleased to report that the strong start to the year, highlighted in the Preliminary announcement in March, has continued during the first half and that trading is substantially ahead of this time last year and in line with current market expectations for the full year ending 31 December 2010.\n \nThe management team is focusing on a number of key initiatives in order to facilitate continued growth, and I am pleased to update shareholders on these as follows:\n \n· initial traction with LiquiBand® in the US continues to be very positive with three further distribution partners added in addition to Cardinal Health. These include the largest pharmaceutical distributor in North America, which importantly gives us coverage in the Alternate Site (mainly non-hospital) as well as the Acute Care (mainly hospitals and medical practices) market for tissue adhesives. We have also received registration of our LiquiBand® trademark in the US;\n \n· we continue to broaden our global distribution network for LiquiBand® and have now received regulatory approval for the full product range in both Japan and Canada. The products have been launched by a local partner in Japan and we are actively reviewing options for distribution in Canada;\n \n· we continue to see good progress with our silver alginate range worldwide and with our ActivHeal® value range in the UK. We have taken advantage of the pressure on budgets in the NHS to reinforce the positioning of ActivHeal® for use with routine wounds, offering Trusts significant savings and enabling the use of silver dressings on infected wounds where they are specifically indicated;\n \n· our foam strategy is progressing...