Medisys PLC - Re Distribution Agreement
26 Juni 1998 - 2:23PM
UK Regulatory
RNS No 5092n
MEDISYS PLC
26th June 1998
DISTRIBUTION AGREEMENT IN MEXICO FOR NEEDLE DISPOSAL SYSTEM
Medisys PLC ("Medisys"), the point-of-care medical device group, announces
that Becton Dickinson & Co, the world's largest manufacturer of hypodermic
syringe needles, has been appointed the exclusive distributor for the Medisys
NicSafe 1800 needle disposal system (the "NicSafe 1800") in Mexico.
In Mexico, Becton Dickinson & Co produces more than 600 million syringe
needles annually, and has a 95 per cent. share of Mexico's annual needle
requirements.
The NicSafe 1800, the first and only US FDA-approved device of its type,
instantly destroys hypodermic needles at point of use.
The system is marketed to medical institutions and private practitioners as a
cost-effective way of disposing of used needles that can also reduce the
incidence of needlestick injuries among healthcare workers.
Medisys estimates that there are more than 2,000,000 needlestick injuries
worldwide on an annual basis, creating a multi-billion pound problem for
healthcare providers.
Commenting on the agreement, Kurt Amundson, the newly appointed President and
Chief Operating Officer of Medisys said:
"We look forward to our affiliation with Becton Dickinson and are pleased that
the B-D logo will be featured on the NicSafe 1800 in Mexico. The B-D logo
enjoys a worldwide reputation for quality and reliability, and we appreciate
Becton Dickinson's vote of confidence."
Editor's Note:
1. Medisys PLC is traded on the Alternative Investment Market of the London
Stock Exchange (symbol=MDY).
2. Becton, Dickinson and Company is listed on the New York Stock Exchange.
Its quarterly results issued on 23/04/98 showed net income at US$92.335m
(US$ 82.671m) on sales of US$ 738.433m (US$ 699.207m). Its principal
activities are the manufacture and sale of a broad range of medical
supplies and devices and diagnostic systems used by health care
professionals, medical research institutions and the general public.
Medical supplies and devices includes hypodermic products. Subsidiaries
are in Mexico, the UK, throughout South America, in Canada, throughout
Europe, the Far East and Australasia.
For more information contact:
Brian Timmons, Medisys PLC Tel: 0171 337 3053
Peter Binns, Binns & Co Tel: 0171 786 9600
END
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