slmchow
- 24 Feb 2004 12:07
Maelor plc, the specialist critical care pharmaceuticals and devices
Volplex A 4% solution of succinylated gelatin used in operating theatres and wards in patients who require fluid replacement.
OptiFlo UK brand of a range of catheter irrigation solutions.
ContiSol international brand of a range of catheter irrigation solutions.
Development products
Micelle nanotechnology - A drug delivery system which enables insoluble active pharmaceuticals to be solubilised.
Lead development products in this area relate to:
* Interstitial cystitis and chronic pelvic pain (Plethora Solutions)
* Wound care
* Anaesthesiology
Operational highlights announced 1 June 2006
Licensing agreement with Plethora Solutions plc for micelle nanotechnology drug delivery system for use in the treatment of interstitial cystitis and painful bladder syndrome
Volplex UK rights re-acquired and product re-launched successfully. In-market sales for the second half of the year up 35% compared to the first half compared to the first half
OptiFlo UK in-market sales grow by 32% over the previous year
Jump 17%
http://www.maelor.plc.uk
10 May 2007 - Acquisition of Acorus Therapeutics Ltd completed
24 Feb 2004 - signed a major contract for the distribution of
its plasma substitute product,Volplex, in China. The agreement with Helicon Group
Pty Ltd will lead to Volplex being marketed and distributed in China through a network
of sales offices. Helicon is also charged with the regulatory submission, which should
be completed in 2004.
Volplex (succinylated gelatin) is given as an intravenous infusion to substitute
for blood volume lost by patients suffering from the effects of trauma, surgery
or certain medical conditions which result in hypovolaemia (lower than normal
blood volume).
Volplex has expanded its international franchise over the last few months,
gaining regulatory approval in Argentina in December 2003 where it will shortly
be launched. Maelor has established partners in South Africa and Bangladesh
(where regulatory applications have already been submitted) and also in
Australia in preparation for future launches in those markets.
David10B
- 07 May 2007 21:06
- 29 of 72
And this one----
RNS Number:4720U Maelor PLC 05 April 2007
5 April 2007
Maelor plc ("Maelor" or the "Company")
Pre-Close Statement and Trading update
The Board of Maelor plc (AIM:MLR), the specialist critical care company is pleased to announce that it expects the outcome for the full year to 31st March 2007 to be ahead of current market expectations.
The positive trading highlighted at the Company's Interim Results on 2nd November 2006 has been sustained into the last quarter of the financial year and the Board anticipates a significant reduction in losses for the second half of the financial year. The sales growth of Volplex, a plasma substitute product, the commercialisation of which has been taken in-house, has continued, driven by active promotion and successful tendering for regional contracts. Sales of catheter flushing devices also continue to progress well.
The Company is actively building its specialist critical care portfolio having recently further added to its "specials" portfolio a fluid and volume replacement product as well as AquiHex, a product that the Company has developed, for use in hospital infection control. In parallel, late stage development of its complementary plasma substitute product, ISOplex, is progressing to schedule with approval still targeted for late 2008.
Commenting on the Company's performance Tim Wright CEO said:
"We are very pleased with the progress that Maelor has made since the strategic review in June 2006. In line with our new strategy the business is now focused, stabilised and well positioned for rapid organic and acquisitive growth. The acquisition of Acorus announced separately today represents a further step in our strategy to establish a significant business in hospital specialist medicine"
Ends -
For further information, call:
Tim Wright, Maelor plc - 01244 625150
Billy Clegg/Edward Westropp, Financial Dynamics - 020 7831 3113
Matthew Hall, Noble & Company - 020 7763 2200
This information is provided by RNS
The company news service from the London Stock Exchange
David10B
- 08 May 2007 08:21
- 30 of 72
information.
Maelor First Day of Dealings
RNS Number:1874W
Maelor PLC
08 May 2007
8 May 2007
Maelor plc ("Maelor" or the "Company")
Re-Admission, Conditional Placing and Acquisition
The Board of Maelor plc (AIM: MLR), the specialist critical care company, is
pleased to announce that it has conditionally raised #8 million through a
placing of 80,000,000 new ordinary shares of 10p (the "Placing") by Noble &
Company Limited, Maelor's nominated adviser and broker.
Geoff McMillan, Non-Executive Chairman, Tim Wright, Chief Executive Officer,
Nigel Goldsmith, Finance Director, Ann Hardy, Executive Director and John
Gregory, Non-Executive Director have all participated in the Placing.
First Admission and the commencement of dealings in relation to the 70,005,833
Existing Ordinary Shares and New VCT/EIS Shares will take place today. It is
expected that Second Admission and the commencement of dealings in relation to
the 44,275,000 Protected VCT Shares and Non-VCT Shares will occur at 8am on 9
May 2007 and that Third Admission and commencement of dealings in relation to
10,000,000 Consideration Shares will occur at 8am on 10 May 2007. It is expected
that completion of the acquisition of Acorus Therapeutics Limited will occur
immediately following Third Admission.
Following completion of the acquisition of Acorus Therapeutics Limited, the
Company will have 124,280,833 ordinary shares of 10p in issue.
Tim Wright, CEO of Maelor said:
"The acquisition of Acorus is a transforming transaction for Maelor, creating a
strong, profitable business with positive cash flow. The integration risks,
costs and distractions are minimal due to the virtual nature of Acorus and the
combined product portfolios offer a high degree of synergy in terms of customer
base and distribution channels. We now have a product portfolio and pipeline
capable of delivering strong future growth."
- Ends -
David10B
- 08 May 2007 10:51
- 32 of 72
yep I must admitt today's figure have beten me. All good news more buys then sells nd the price is marked down.
To me this new deal is like the flotation of a new company and on the figures the price should be more than it is now.
Perheps the old ghosts are still haunting in the minds of old investors, some of whom have been stuck in this one at over 1.60 pounds for years and are sick, sick, sick that Appleby took so much out of the company when leaving, after costing it so much--who knows?
Obviously I dont but I stood by my words and bought today.
But this certainly appears to be an unloved stock---and thoughts please guys.
Good luck all in your endevours to be rich-
David10B
- 08 May 2007 11:52
- 34 of 72
Thanks Cynic thats exaclty what has me beat on this one, its doing the opposite to what it should.
Nornally I am not this far out as I love recovery situtations and do well out of them.
I have evey confidence that this will be a whole different ball game in a few months time, but this kind of trading on such good news is difficult to follow.
Thanks again for you input and good luck with your investments.
cynic
- 08 May 2007 11:54
- 35 of 72
should perhaps have added that rsi is heavily o'sold and past record indicates it should at least bounce shortly
David10B
- 08 May 2007 12:01
- 36 of 72
Would agree with that especially on this news----------Thanks again best wishes.
8 May 2007
Maelor plc ("Maelor" or the "Company")
Director dealings
On 8 May 2007 the Company received notification of the following share purchases
of its 10p Ordinary Shares by Directors:
Name Number of shares purchased Purchase price Total holding at the date of this announcement
Number of ordinary shares % of issued share capital
Geoff McMillan 350,000 10p 850,000 0.68%
Tim Wright 550,000 10p 1,000,000 0.80%
Nigel Goldsmith 550,000 10p 850,000 0.68%
Ann Hardy 100,000 10p 110,000 0.09%
John Gregory 200,000 10p 219,211 0.18%
On 8 May 2007 the Company granted the following share options to the Directors:
Name Number of options Exercise price Date from which options exercisable Expiry date
Geoff McMillan 310,702 10p 8 May 2010 8 May 2017
Tim Wright 3,228,425 10p 8 May 2010 8 May 2017
Nigel Goldsmith 2,235,617 10p 8 May 2010 8 May 2017
Ann Hardy 2,298,117 10p 8 May 2010 8 May 2017
John Gregory 310,702 10p 8 May 2010 8 May 2017
Total 8,383,563
mg
- 08 May 2007 14:02
- 37 of 72
The simplest explanation is surely that the market is adapting to the dilution effect of the 80million new shares issued at 10p - and today is only the first day of the 3 tranches of the 80 million being released to the market - so I suspect a continuation of the fall until a new market is established.
Have got this on my watchlist and may dip my toe for a longer term SIPP type punt in or around the 10p mark - probably below.
David10B
- 08 May 2007 14:15
- 38 of 72
could well be if the dilution was not for better things. As it is the dillution has taken the company well into profiablity and in its own right MLR has already stated that its results to March 31 st 2007b will beat market expectations.
For me the dilution is not the answer and its a tough nut to crack
cynic
- 08 May 2007 14:21
- 39 of 72
given that the exercise price is 10p, then that would certainly be a logical level at which to buy.
David10B
- 08 May 2007 14:27
- 40 of 72
Very logical indeed only the problem with that theory would be the bid falling to around 9p and I cant see that happening, can you?
But if it did I then think so many would top up that it would not stay there for long---so its still worth watching, which is what I am doing right now.
David10B
- 08 May 2007 15:11
- 42 of 72
POINT WELL ACCPETED!
And thank you, but clearly this is not the case today. You see there is no massive dumping of shares en bloc, as I write there are 635802 buys 111,416 sells and 131,000 unknowns which are probably buys.
Given that we are creating 90 million new shares at 10p this is a flea bite unless of course there is something lurking.
However even that cant be so as the issues were taken up by directors and insitutions, who when given the massive upside potential of MLR are hardly, in my humble opinion, likely to settle for selling for peanuts in profits.
Sincere thanks for your thoughts and input.
soul traders
- 08 May 2007 15:42
- 43 of 72
A pleasure, David. I beg to differ regarding volumes traded, as today's is apparently the second biggest trading volume in the past 12 months.
The driver here is not always the number of shares traded as a percentage of those in issue; far rather current volume compared with the average, as well as that old chestnut, supply and demand.
I wouldn't find it unusual if a fund manager decides the fund is a little bit overweight in a stock such is this and goes for skimming the instant profit. It's as well to talk about massive upside potential, but as a fund manager, if you have an instant profit on the table you're likely to make some of it safe, given that these small caps tend to be pretty volatile. Not all of the funds are all that big, either, so if you only have a few million on the market, taking a profit of the odd ten thousand here and there can make a big difference.
David10B
- 08 May 2007 16:03
- 44 of 72
Dear Soul traders thank you greatly its really first class and so nice to see a balanced presentation of ones point of view. Obvious you are decent civilised chaps and I welcome discourse with you.
The trades today are smallish, both buys and sells, save one recorded buy of 420000 and an unknown of 120000 the rest, in general, seem to be small the punters getting on board.
Also I note the price seems to easing back up a touch.
Of that does not mean that when the other shares are floated the price wont drift down, but I feel this could be the bottom.
For those long suffering old timers stuck in for years I trust this share will begin to show the good progress I believe that it is capable of.
Thanks again and may good fortune keep smiling on you.
David10B
- 09 May 2007 09:49
- 46 of 72
It would appear that MLR is back on course and that as I thought the selling and mark down yesterday was more of a panic nature. However there are still the extra shares to come on to the market today and tomorrow and that means the price could still go either way.
I am plugging for up any comments?
slmchow
- 09 May 2007 15:16
- 47 of 72
slmchow
- 10 May 2007 06:43
- 48 of 72
Results should be announced between June 10th and 12th according to the company