Official Opening of Winsford Facility

Jan 27, 2011

Advanced Medical Solutions Group plc
(“AMS” or the “Group”)

RNS Number : 1569A
Advanced Medical Solutions Grp PLC
27 January 2011
 



For Release: 27 January 2011

 

Advanced Medical Solutions Group plc

(“AMS” or the “Company”)

 

Official opening of Winsford facility

 

Winsford, UK: Advanced Medical Solutions Group plc (AIM: AMS.L), the global medical technology company, today announces the official opening of its new world-class facility in Winsford, Cheshire. This marks a significant milestone in the development of the business and also celebrates 20 years from the founding of the Company.

 

The 138,500 sq ft facility incorporates offices, laboratories and warehouse space, as well as new state of the art manufacturing lines, which represent a major upgrade of the operational capability of AMS’s advanced woundcare business.

 

Dr. Don Evans, Chairman of AMS, stated: “We began this major project in 2008 and I am delighted to confirm that the new facility has been completed on time and on budget. Together with our wound closure operation in Plymouth and our foam facility in the Netherlands, AMS is now well positioned to support substantial growth and we look forward to the next stage of AMS’s development with confidence.”

 

– ends –

 

For further enquiries:

 

Advanced Medical Solutions Group plc                                                            +44 (0) 1606 545508

Chris Meredith, Chief Executive Officer

Mary Tavener, Finance Director

 

Tavistock Communications                                                                              +44 (0) 20 7920 3150

John West / Chris Munden / Andrew Dunn / Lydia Eades

 

Investec Bank plc                                                                                             +44 (0) 20 7597 5970

Gary Clarence / Patrick Robb / Daniel Adams

 

 

Notes to Editors:

 

AMS’ advanced woundcare products are based on an extensive range of technologies including alginates, silver alginates and hydrophilic polyurethane foams. These and other products pioneer the concept of moist wound healing, allowing wounds to heal faster and with less pain and scarring. They protect the wound, deal with tissue fluids and provide an optimal environment for healing to occur. Silver is widely recognised as a safe and effective broad-spectrum anti-microbial agent for infection control.

 

AMS’ wound closure and sealants products are based on cyanoacrylate adhesive (“superglue”) technology developed for medical applications. Tissue adhesives offer significant benefits over conventional ways of closing wounds following trauma or surgical incision. They are simple to use, non-invasive, help to reduce the risk of infection, minimise trauma to the patient and provide good clinical and cosmetic outcomes. The technology is also ideally suited to protecting skin from breakdown or for use as a skin sealant to help prevent infection of surgical sites.

 

AMS employs 240 people in three locations (Winsford, Plymouth and the Netherlands). The business has an experienced management team, whose stated aim is to grow the business both organically and by exploring selective acquisition opportunities. The Board has announced its intention to recommend a maiden dividend for the year ended 31st December 2010.

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 

END

 
 

NRAMMGZMLVZGMZM

For further information, please contact:

Advanced Medical Solutions Group plc

Tel: 44 (0) 1606 545508

Chris Meredith, Chief Executive Officer

Eddie Johnson, Chief Financial Officer

Michael King, Investor Relations

Consilium Strategic Communications

Tel: 44 (0) 20 3709 5700

Matthew Neal / Lucy Featherstone

Investec Bank PLC (NOMAD & Broker)

Tel: 44 (0) 20 7597 5970

Gary Clarence / David Anderson

HSBC Bank PLC (Broker)

Tel: 44 (0) 20 7991 8888

Sam McLennan / Joe Weaving / Stephanie Cornish

About Advanced Medical Solutions Group plc

AMS is a world-leading independent developer and manufacturer of innovative tissue-healing technology, focused on quality outcomes for patients and value for payers. AMS has a wide range of surgical products including tissue adhesives, sutures, haemostats, internal fixation devices and internal sealants, which it markets under its brands LiquiBand®, RESORBA®, LiquiBandFix8® and Seal-G®. AMS also supplies wound care dressings such as silver alginates, alginates and foams through its ActivHeal® brand as well as under white label. Since 2019, the Group has made five acquisitions: Sealantis, an Israeli developer of innovative internal sealants; Biomatlante, a French developer and manufacturer of surgical biomaterials, Raleigh, a leading UK coater and converter of woundcare and bio-diagnostics materials, AFS Medical, an Austrian specialist surgical business and Connexicon, an Irish tissue adhesives specialist.

AMS's products, manufactured in the UK, Germany, France, the Netherlands, the Czech Republic and Israel, are sold globally via a network of multinational or regional partners and distributors, as well as via AMS's own direct sales forces in the UK, Germany, Austria, the Czech Republic and Russia. The Group has R&D innovation hubs in the UK, Ireland, Germany, France and Israel. Established in 1991, the Group has more than 800 employees. For more information, please see admedsol.com.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com. RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.