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
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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.
paulmasterson1
- 17 Jul 2005 16:38
- 5 of 256
Driver Hi,
It will be interesting to watch both I think.
I saw the news on MDY when the Menarini RNS came out, so having held them about 2 years ago, I thought about maybe buying some. I tried a dummy buy and sell on IWeb, and I could buy loads, but I couldn't sell any, probably because the MM's have so many to get rid of first, so I didn't bother.
I bought the two MPM trades on Friday, 350,000 @ 1.375 plus the 31910 @ 1.43, and with the brokers note giving a DCF of 6.24p, a rise to 4p or 5p is quite possible, in the short term.
What do you think MDY will rise to in the short term ?
Cheers,
PM
paulmasterson1
- 17 Jul 2005 18:46
- 7 of 256
Driver Hi,
OK, thanks :)
I notice sequestor is not stalking you everywhere, posting personal attacks on you, and attacks on your stocks, he is deranged, and reported to abuse.
See my MPM BB, and you will see why.
Cheers,
PM
moneyman
- 17 Jul 2005 22:51
- 8 of 256
Lets try keeping on topic !
Sequestor
- 18 Jul 2005 20:23
- 10 of 256
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.
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`"
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
moneyman
- 20 Jul 2005 22:06
- 20 of 256
Recovered well towards close.
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