Business
Two new CE Mark approvals
Two new CE Mark approvals.
About this update from Venture Life Group Plc
[{"type":"text","content":"\n \nRNS Number : 4578F Venture Life Group PLC 18 May 2017 \n\nVenture Life Group plc\n(\"Venture Life\" or the \"Company\")\n \nTwo New CE Mark Approvals\n \nVenture Life (AIM: VLG), the international consumer self-care group focused on developing, manufacturing and commercialising products for the ageing population, announces that two of its new medical device products, Myco-Clear and Rosacalma, have received CE Mark regulatory approval, enabling both products to be marketed and sold as medical devices within the EU.\n \nMyco-Clear is a topical product for the treatment of Onychomicosis (a fungal nail infection). This condition causes the unsightly discolouration and distortion of finger and toe nails. It can affect patients as they age and is exacerbated by immunodeficiency disorders, immunomodulating and immunosuppressing drugs and sports activities. Myco-Clear treats the condition and rapidly improves the appearance of the nail through an easily applied and absorbed once daily topical treatment. \n \nRosacalma is a complete treatment portfolio for managing the symptoms of Rosacea, an inflammatory skin disease causing facial redness. Rosacea affects 10% of the general population between 30-50 years of age. Rosacalma is milder than existing treatments, and is therefore more gentle on the skin and can be used for a much longer period than other usual treatments. There are three products within the Rosacalma range - a cleanser, a day cream and night serum; all three products were developed in-house and are now ready to be marketed and sold. Both Myco-Clear and Rosacalma will now be presented to potential international distribution partners during 2017, ready for launch in 2018 and beyond.\n \nJerry Randall, CEO of Venture Life, commented: \"The CE Mark approval for Myco-Clear and Rosacalma in Europe is a significant accomplishment that validates these innovative new products. There is significant unmet need for these products, which we have developed in-house. 2016 was a landmark year for Venture Life which saw 57% revenue growth, further brand development and brand launches. We are now focused on driving new business through new and existing markets via science, technology and innovation as well as growing our core business portfolio...