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.

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..

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

Nicholas Piramal Q1 net spurts 11%
JULY 29: Nicholas Piramal India Ltd (NPIL) has registered an 8.8% growth in net sales and 11.1% growth in net profit for the first quarter of FY2006. Net profit grew to Rs 54.13 crore, compared with Rs 48.74 crore in Q1FY05. This resulted in an EPS for the quarter of Rs 2.8 per share, compared with Rs 2.5 per share in Q1FY05. Speaking to FE, Nicholas Piramal chairman Ajay Piramal said the domestic formulations business has grown 14%, compared to last year, when it was badly affected. This growth was also high compared to the industry growth rate of 2.4%. The exports of the company also grew by 49%. The company also discontinued its diagnostics business last year. The company has presence in the US, but this is in the custom manufacturing space, and hence, has not been affected by the recent price pressures, Mr Piramal added. Recovering from the VAT impacted January-March quarter, NPIL delivered over 20% growth in seven of the nine therapeutic areas in which the company operates. Performance was particularly strong in CVS, CNS, anti-diabetic and dermatology segments. During the quarter, NPIL commenced Phase I/II clinical trials in Canada on its oncology lead molecule NP-276. Regulatory permission for trials is awaited from Indian regulatory authorities. In the quarter, Nicholas Piramal also signed a letter of intent for subscribing to a 17.1% equity stake in Biosyntech Inc Canada, a specialty biotech research company.

Going good today up 10%

The Roche case could be settled today in the US MDY looks good for wining or at least settling the case and putting it behind them.

Nice volumes again this morning and another little rise - coming out of the doldrums methinks

baza

baz
You thinks right what ever way the Roche case goes (should here by the end of today) this is going to climb, could be back to 20p+, have you got back on board.

It looks like the Roche case is continuing today thats why theres no news yet, see what happens tomorrow.

Hi Driver - yes got back in this morning with 50,000 @5.5 - perhaps a little late - but I made a few bob last time round - mind still got some way to go before I make up for my earliest forays into MDY.

Baza

baz
I got in just after your run of good luck, first time in, so no lose at 4p. Try to stay in this time with the new announcements and the Roche case being settled soon it will head north or be a bid target.

The Roche hearing has concluded on Monday and the judge is out, mdy are waiting his decision on the out come of the case.

01/08/2005
Plaintiffs appear by counsel, Don Knebel, Lynn Tyler. Defendants appear by counsel, Bob Busby, Shannon Landreth, Jack Matney, Rebecca LeGrand, Aaron Maurer, Barbara McCurdy, Eric Puknys, and Jackie Bennett. Court Reporter is Glen Cunningham. Markman hearing is held and concluded. Matter is taken under advisement.

100% buys so far today.

.......but no tick up !! - yet

Baza

No we got a tick down, nerves have got to the punters awaiting judgment, we may have to wait for up to two weeks before we get any news, just hold fire.

A good post from another board slightly edited by myself, a good summing up of MDYs position at the moment that I agree with.

Liberty is selling very well (expected sales of $13m per annum), MDY have 1m sales via Piramel and an unknown amount of sales via Target, Stada and Menarini to add in. Carnegie have over 8% of MDY shares, Share prices should reflect a shares future position and MDY will have massively more sales than before. MDY also have their own production facility for micro draw which will help margins. The new deals will help margins as production is ramped up. The recent cost cuts (head office and disposal of futura) will help profits. The stronger $ could add 3m in profits alone. All in all MDYs prospects are great (even the recent cash raising deal helps reduce costs as did getting rid of Elans loans). All in all MDY deserve to have a lot higher sp than they have now and I for one have faith we will see 20p plus here one day.

Driver Hi,

Are MPM ahead on percentage now, since you laid down the gauntlet ?

Cheers,
PM

pm1
I think we may be about even, but not for long MDY are still waiting a court settlement due at any time then we will see.

pm1
I just checked I'm up about 12% at the moment I think that puts you in front.

Looks like folk waiting for resolution of court case as sp drops.
On my watchlist though as I know people who hold have belief this will go to 10p.

Keep watching this space andy.