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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.

moneyman - 02 Feb 2006 21:27 - 141 of 256

Too slow ! ;-)

driver - 02 Feb 2006 21:29 - 142 of 256

moneyman
Well-done mm lets see what happens tomorrow.

moneyman - 02 Feb 2006 21:34 - 143 of 256

Good luck 2u2

driver - 02 Feb 2006 21:35 - 144 of 256

It looks like its finely over. case be dismissed.

2/02/2006 21hrs
LATEST ON MDY V'S ROCHE COURT CASE
http://www.moneyam.com/InvestorsRoom/posts.php?tid=8721#lastread

driver - 03 Feb 2006 08:59 - 145 of 256

The official version. The Court Case has finished.

For Immediate Release 3rd February 2006

Medisys PLC

('Medisys' or 'the Company')



Medisys announces that Hypoguard USA, Inc., the operator of the Company's US
blood glucose monitoring business, has in conjunction with the other parties to
the patent infringement complaint brought by Roche Diagnostics Corp. issued the
following agreed form announcement in relation to the settlement of the case:

Apex Biotechnology Corporation, Hypoguard USA, Incorporated, Medline Industries,
Inc. and Roche Diagnostics Corp. have agreed to a settlement favourable to all
parties for the patent infringement lawsuit pending in the United States
District Court Southern District of Indiana on January 31, 2006.

- Ends -

driver - 03 Feb 2006 11:49 - 146 of 256

Recovery of the sp should now take place over the coming weeks with the court case out of the way.

From the last Results
CURRENT TRADING AND PROSPECTS
The current financial year is at an early stage, but to date trading has been in
line with expectations. Growth is expected to come primarily from the biosensor
based products, specifically through the alliance with Menarini and from the
introduction of the Assure Pro system into the LTC market. In addition the cost
savings realised in the latter part of 2005 will help to improve the financial
performance of the Group in the current year.

driver - 03 Feb 2006 12:49 - 147 of 256

LONDON/ZURICH (Reuters) - Medisys said on Friday the operator of its U.S. blood glucose monitoring system had settled a patent row with Swiss drugmaker Roche, sending its shares over 14 percent higher.
At 10:15 a.m. Medisys (MDY.L: Quote, Profile, Research) shares were up 14.3 percent at 2.2 pence, valuing the firm at 11.9 million pounds.

Medisys said Hypoguard USA, the operator of its U.S. blood glucose monitoring business, and other parties, had settled a patent case brought by Roche in 2004.

"Apex Biotechnology Corporation, Hypoguard USA, Incorporated, Medline Industries, Inc. and Roche Diagnostics Corp. have agreed to a settlement favourable to all parties for the patent infringement lawsuit pending in the United States District Court Southern District of Indiana on January 31, 2006," Medisys said in a statement.

Analysts welcomed the deal, terms of which were not disclosed.

Michael King at Nomura Code Securities said the settlement dispelled fears that Medisys might have to pay royalties to Roche, which would have a negative impact on its earnings.

"This is clearly the final sorting out of it. It's a relief that the issue is no longer hanging over the stock," he said.

driver - 03 Feb 2006 16:32 - 148 of 256

3m T trade sell that's what has held the price back all day.

biffa18 - 03 Feb 2006 16:40 - 149 of 256

not sure its a sell as in middle range could of been a average buy over the days trade ,would of thought a sell would of been 2 or below

driver - 03 Feb 2006 17:19 - 150 of 256

biffa18
You may be right there heres hoping.

moneyplus - 07 Feb 2006 16:42 - 151 of 256

a lot more interest in MDY now-I'm hoping they start to climb soon.

driver - 07 Feb 2006 16:45 - 152 of 256

moneyplus
Nice to here from you mp

Reposted,
Recovery of the sp should now take place over the coming weeks with the court case out of the way.

From the last Results
CURRENT TRADING AND PROSPECTS
The current financial year is at an early stage, but to date trading has been in
line with expectations. Growth is expected to come primarily from the biosensor
based products, specifically through the alliance with Menarini and from the
introduction of the Assure Pro system into the LTC market. In addition the cost
savings realised in the latter part of 2005 will help to improve the financial
performance of the Group in the current year.

moneyplus - 07 Feb 2006 16:55 - 153 of 256

Hi driver--still waiting for a flicker of life from PCM so no millions in that direction!!
so have added a few more MDY in hope of a bit of blue. Have you looked at OEP?
another long term one but I tucked away a few despite a comment from my brother that my coffin will be lined with long term share certificates!! no faith some people. cheers MP

driver - 13 Feb 2006 10:46 - 154 of 256

The sp is bouncing about a bit today up 14% looking good after cc result.

driver - 13 Feb 2006 16:45 - 155 of 256

A very nice 16.30% rise today, it's on the road to recovery.

driver - 14 Feb 2006 14:02 - 156 of 256

Broken through the 3p 13% up recovering very nicely.

moneyplus - 14 Feb 2006 14:48 - 157 of 256

added a few more--building up my stake nicely!!

moneyman - 14 Feb 2006 17:45 - 158 of 256

Buy it all the way up. Nobrainer.

driver - 14 Feb 2006 20:10 - 159 of 256

moneyman
And your point is.

biffa18 - 15 Feb 2006 08:56 - 160 of 256

come on guys and girls iv just made a bomb this morning others must of as well and not one post !!
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