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Medisys PLC On Track For Recovery (MDY)     

driver - 17 Jul 2005 15:08

Medisys PLC (MDY) Providing innovative solutions to the rapidly growing point-of-care diagnostic and healthcare worker safety markets. For more than 35 years, companies in the Medisys group have been advancing healthcare through development, manufacture and distribution of revolutionary medical products. The Group's mission is to become a leading worldwide provider of diagnostic systems and medical safety products enabling rapid, cost effective, on-site delivery of healthcare solutions.
For more than three decades, Medisys' primary operating unit, Hypoguard, has been devoted to advancing personal and professional healthcare management. The Company's core focus is diabetes glucose self-monitoring - a rapidly growing market of nearly $5 billion worldwide.
'Medisys-group.com'
'Hypoguard.com'

15/02/2006
Medisys reported a 'considerable improvement' in trading during the first four months of its financial year, and said the business has been cash-flow neutral for the year to date.
The medical products company said competition in its core long-term care blood glucose monitoring business has not intensified. A drop in sales amid intense competition in the market caused a fall in sales and profits last year.
Sales volumes have recovered to previous highs by cutting prices and offering various promotions, Medisys reported this morning.
Margin improvements have been achieved faster than originally anticipated, it added. The company has benefited from cost saving measures implemented in the second half of the last financial year and cost reductions for its proprietary biosensor products.
Meanwhile, it has completed the development and manufacturing scale up of the first of the new systems it has designed for Menarini, the fifth largest worldwide branded marketer of blood glucose monitoring systems.
While the launch date is not yet clear, (Around March 1) Medisys predicted that sales of the products will be one of its key revenue growth drivers in the current financial year.


LATEST ON MDY V'S ROCHE COURT CASE
MDY V'S ROCHE COURT CASE Case IS Dismissed.
http://www.moneyam.com/InvestorsRoom/posts.php?tid=8721#lastread
My apologies for any one that was on MDY it looks like we have been stitched up like a kipper the sale of Hypoguard blood glucose monitoring business at that price looks like an sp of 3p against the close of 6.4p what can I say no one could have seen this coming a total sell out and that is what I have done.

Sequestor - 18 Jul 2005 20:23 - 10 of 256

199651.jpg

driver - 18 Jul 2005 22:32 - 11 of 256

seq
Why do you consider this new thread MDY as a ramp, it is just a new thread like any other. You are becoming a bit of a pain, please remove or edit your post.

Sequestor - 19 Jul 2005 10:04 - 12 of 256

calm down driver its` not likely to alter the share price or the angle of the worlds axis,I haven`t even mentioned you as a ramper.
enjoy the rise.

driver - 19 Jul 2005 10:16 - 13 of 256

seq
Your sense of humour is a bit much some times, point taken.

Sequestor - 19 Jul 2005 10:33 - 14 of 256

rejoice driver rejoice,as Maggi said ,

did you see the late Ted Heath on tele last night he was asked at the time she was removed if it was true that when the news of the sacking was telephoned, he said "rejoice, rejoice", a pause for effect then he replied:-

" not true i said ` rejoice, rejoice,rejoice`"

driver - 19 Jul 2005 11:57 - 15 of 256

seq
Ted Heath father of the house, just like me. I am rejoiceing at this sp are you getting on board.

Sequestor - 19 Jul 2005 14:30 - 16 of 256

spread`s a bit sharp just now drive- hope you bgt. a while back

g`luck

oops sorry just looked at the chart- hope you bgt. at the low might be kinder-lol

driver - 19 Jul 2005 14:54 - 17 of 256

seq
No bought this week at 4p. Ramp coming 10p+ by xmas

driver - 19 Jul 2005 17:00 - 18 of 256

Very nice 11.5% rise today, well on track for recovery.

driver - 20 Jul 2005 17:25 - 19 of 256

Two steps forward one step back, topped up today on the dip.

moneyman - 20 Jul 2005 22:06 - 20 of 256

Recovered well towards close.

driver - 22 Jul 2005 17:45 - 21 of 256

Nice little tick up today.

moneyman - 22 Jul 2005 22:19 - 22 of 256

July 14, 2005 - Hypoguard Announces Major Strategic Alliance With Menarini Diagnostics


Hypoguard ("Hypoguard" or "the Company")

Hypoguard announces that it has entered into a marketing and distribution agreement (the "Agreement") with A. Menarini Industrie Farmaceutiche Riunite S.r.l. ("Menarini Group"). Under the Agreement, Hypoguard will provide the Diagnostic Division ("Menarini Diagnostics") of Menarini Group with a full family of blood glucose monitoring systems, based on the project Ferrara', that has been exclusively engineered for Menarini Diagnostics. The new systems will offer market-leading features including small blood sample size and quick read-time, together with an attractive, ergonomically designed full-featured meter. The Ferrara project, which is based on the Hypoguard's Advance Micro-draw system, represents another step forward in terms of the Company's proprietary biosensor technology and is in the final stages of production scale-up. The recently completed manufacturing capacity upgrade at Hypoguard's Minneapolis facility is sufficient to accommodate the volumes anticipated under the Agreement. The Menarini glucose monitoring systems will be marketed under Menarini Diagnostics brand name(s).

Hypoguard has granted Menarini Group rights to sell the new systems world-wide, with the exception of the USA, Canada and Mexico. Menarini Diagnostic is finalizing its launch plans, but is anticipated to introduce the systems in its key European territories within approximately six months. The Agreement provides for an initial term of eight years with a mechanism for the term to be extended. In keeping with the long-term nature of the alliance, the Agreement also provides for other Hypoguard products (such as next generation systems and products customized for specific market niches) to be made available exclusively to Menarini Diagnostics for distribution as and when they are developed.

Menarini Group, with Headquarters in Florence, Italy, is a research-based pharmaceutical company with annual revenues exceeding 1.9 billion Euros and 12,000 employees throughout the world. Menarini Diagnostics has a well established blood glucose monitoring business throughout Europe and certain other international territories. Menarini Diagnostics employs approximately 750 people.

David Wong, Chairman of Hypoguard's parent company, Medisys PLC, commented: "We are delighted to become a long-term strategic partner of Menarini's diagnostics division, which is a leading player across Europe. Menarini is a highly respected and long established medical products company and we believe that this alliance will enable Hypoguard to rapidly expand the presence of its products in the European market."

Crescenzio Izzo, General Manager of Menarini Diagnostics commented:
"The strategic partnership with Hypoguard will provide us a strong basis for our continued growth in blood glucose monitoring, making full profit of Hypoguard's capacity for product innovation coupled with our strengths in marketing."

- Ends -

Contact:
Hypoguard 800-818-8877
Jonathan Chapman

driver - 25 Jul 2005 10:47 - 23 of 256

Tick up coming soon imo.

driver - 27 Jul 2005 16:02 - 24 of 256

Plenty of buys today.

driver - 28 Jul 2005 08:19 - 25 of 256

For Immediate Release 28 July 2005

Medisys PLC

('Medisys' or 'the Company')

Committed Share Finance Facility

Medisys announces that it has entered into an agreement with the Headstart Group
of funds ('Headstart') under which Headstart will make available to the Company
a committed share finance facility of up to 4,000,000 (the 'Headstart
Facility').

Pursuant to the terms of the Headstart Facility, Headstart has agreed, when
called upon by the Company, to subscribe for, or purchase, new ordinary shares
in the capital of the Company ('Ordinary Shares') to the value of up to, in
aggregate, 4,000,000. The Headstart Facility is available at any time up to 28
January 2008 and is capable of being drawn down by the Company in increments of
up to 125,000. The subscription price for an Ordinary Share shall be equal to
95% of the lowest closing bid price of an Ordinary Share in the ten trading days
following the date on which the Company notifies Headstart that it wishes to
make a draw down under the Headstart Facility.

As announced on 14 July 2005, Hypoguard Limited (a subsidiary of the Company)
has entered into a long-term strategic marketing and distribution agreement with
Menarini to supply the Ferrara blood glucose monitoring system to Menarini to
market under its own brand. It is anticipated that the proceeds from the
Headstart Facility will be used to fund additional working capital needs
associated with Menarini's European launch of Ferrara.

The Headstart Facility is in addition to the Company's overdraft facility of up
to 2,500,000 with the Bank of Scotland. The Company recently agreed with the
Bank of Scotland to reduce the amount available to it under the overdraft
facility from 5,000,000. The Board believes that anticipated cash flows from
operations, together with the available bank facility and the Headstart
Facility, will be sufficient to finance the Group's operations for the
foreseeable future.

In consideration for Headstart making available the Headstart Facility, the
Company has agreed to pay Headstart a one-off fee of 120,000 payable in cash or
by the issue of Ordinary Shares (on the basis of an agreed value per Ordinary
Share of 4.2p, being the closing bid price on 26 July 2005). The Company has
elected to satisfy this fee by issuing 2,857,142 Ordinary Shares to Headstart.
Accordingly, application has been made to the UK Listing Authority for these
shares to be admitted to the Official List and to London Stock Exchange plc for
these shares to be admitted to trading on its market for listed securities. It
is expected that admission to listing will become effective and that dealings in
these shares will commence on 1 August 2005. In addition, the Company has issued
warrants to Headstart granting the right to subscribe for up to 4,000,000
Ordinary Shares at a subscription price of 4.62p per share, being a price equal
to 110% of the closing bid price of the Company's shares on 26 July 2005. Such
warrants are exercisable at any time on or before 27 July 2008.

- Ends -

moneyman - 28 Jul 2005 22:17 - 26 of 256

Lower cost for borrowing "if needed". I am expecting big things once Roche has been put behind us.

Come on MDY

driver - 29 Jul 2005 15:43 - 27 of 256

Seems to be good news.

For Immediate Release 29 July 2005


Medisys PLC
('Medisys' or the 'Company')

Directorate Change

Medisys announces that Michael Barry will step down from the Board and resign as
the Company's Chief Financial Officer ('CFO'), with effect from 30 September
2005. Mr Barry is leaving to take up a new opportunity that has arisen for him
outside of the Company.

Donna Glessing, the Company's Financial Controller, will step up as interim CFO.
Ms Glessing has been with the Company for the last seven years and in addition
to her role as the Company's Financial Controller, she is also the Chief
Financial Officer of Hypoguard, the Company's operating subsidiary. Ms Glessing
does not replace Mr Barry on the Board.

David Wong, Chairman commented: 'On behalf of my Board colleagues I would like
to thank Michael for the dedication and commitment he has shown to Medisys since
his appointment in 1999. His skills and leadership have been invaluable and we
wish him the very best for the future.'

- Ends -

moneyman - 30 Jul 2005 00:32 - 28 of 256

Out with the old in with the new. Wait for the big hitters to be announced then we will really see the SP move higher..

driver - 31 Jul 2005 23:05 - 29 of 256

Nicholas Piramal plans big diagnostics push
MUMBAI: Homegrown pharma major Nicholas Piramal is planning to scale up its presence in the diagnostics segment.

After its break up with Roche Diagnostics last year, the company has entered into global agreements with three companies exclusively for the diagnostics business.

Nicholas Piramal has signed alliances with Diasys GmbH, a German firm, Hypoguard, a UK-based company part of the Medisys group, and Cholestech, a US-based company. Sources said that the company is likely to regain about 50% of sales within the first year itself.

Last year, while Nicholas Piramals alliance with Roche was active, the company registered sales of Rs 72.6 crore from Roches diagnostic products in India.

In an attempt to fill the vacuum created by the loss of Accu-Chek, a blood glucose monitoring system and a key product in Roches diagnostics portfolio, the Nicholas Piramal-Hypoguard alliance has introduced three products that comprise the blood glucose monitoring portfolio the Advance Micro-draw, QuickTek and the Diascreen range of products.

This range is expected to contribute the largest chunk to the diagnostics portfolio.

Sources said that the products have been launched at an introductory price, which is comparable with that of other blood glucose monitors.

Nicholas Piramal had launched GDX, a more advanced diagnostic system for diabetes, through its alliance with Cholestech. GDX measures the HbA1c, which is an average of blood sugar control for the last three months.

Diasys GmbH of Germany will provide Nicholas Piramal with a range of diagnostic equipment and reagents for the high-end diagnostic portfolio.

The company has also increased the strength of its field force. As Roche took over Nicholas Piramals field force related after the break up, the company has to put in place a new dedicated field force for its diagnostics business.
NICHOLAS PIRAMAL INDIA LTD
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