29/03/2001
The surgical products manufacturer has redesigned itself along four key areas: product licensing, with Genzyme selling the EndoFlex in the US; minimally invasive products, both multi-use and disposable; blood transfusion products; and Ion Products Solutions. This last division is focused on the Genport access system and the Sepra applicator, which is used with its SI's anti-adhesion film. In light of the scant internal resources, the group will be looking at potential acquisitions and strategic corporate relationships. In the year to 31 December, turnover increased from £1.3m to £1.8m with the loss vastly reduced from £694,000 to £57,000.
| Market cap: | £5m |
| PE Average: | n/a |
| PE Forecast: | n/a |
| PE Historic: | n/a |
| Share price: | 2.3p |
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