New distribution agreement
31 October 2007 - 6:03PM
RNS Non-Regulatory
Maelor PLC
31 October 2007
Maelor plc
31 October 2007
Maelor plc (the "Company")
New distribution agreement for OptiFlo(TM) Catheter Maintenance Solutions
The Board of Maelor plc ("Maelor"; AIM:MLR), the specialist hospital medicines
group, is pleased to announce the completion of a new five year agreement with
Bard Limited (Bard) for distribution of the OptiFlo(TM) Catheter Maintenance
Solutions.
The agreement which covers the UK and Ireland continues the relationship between
Bard and Maelor that has driven the growth of the OptiFlo(TM) Solutions to
become the UK market leading urinary catheter maintenance solutions.
Over the coming years Bard will continue to focus on further growing both the
market for OptiFlo(TM) Solutions and its market share. This will be achieved
through the continued education and support of community health care
professionals in effective catheter management to maximise patient quality of
life.
Tim Wright, Chief Executive of Maelor plc, said:
"With the focus of Maelor in the hospital specialist sector, this agreement with
Bard aligns closely with our strategy of ensuring that our products which are
outside our focus are leveraged through 1st class partnerships.
The team at Bard have done an excellent job of commercialising OptiFlo(TM). Our
two companies have formed a very positive working relationship and with the
strength of Bard in both medical devices and urology we are confident that the
relationship will continue on a very positive footing."
Alan Whitcombe, European Marketing Director, Urology of Bard Limited, said:
"We are very pleased to be able to continue our partnership with Maelor, who
have provided us with outstanding technical and operational support as we have
grown OptiFlo(TM). We see OptiFlo(TM) as a key product in our UK portfolio and
look forward to working closely together as we continue to further develop and
grow the brand"
- Ends -
OptiFlo(TM) is a trademark of C. R. Bard, Inc. or an affiliate.
For further information, call:
Tim Wright, Maelor plc - +44 (0) 1244 625150
Billy Clegg/Edward Westropp, Financial Dynamics - +44 (0) 207 831 3113
Matthew Hall/Sam Reynolds, Noble & Company - +44 (0) 207 7632200
This information is provided by RNS
The company news service from the London Stock Exchange
END
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