I'm sure everyone out there reading this has access to news as well, but this sounded so good I wanted to post it anyway;)
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VANCOUVER, BRITISH COLUMBIA--(BUSINESS WIRE)--June 24, 1997-- (NASDAQ:NHMCF. - news)
National Healthcare Manufacturing Corporation (NHMC), is pleased to announce that it has received clearance from the US Food &
Drug Administration (FDA) to market its Orthopedic and Ophthalmic custom packs. Also, NHMC has been advised that effective
May 20, 1997, the FDA has established Interim Regulatory Guidance exempting premarket notification for packs and trays. This
reform will provide NHMC immediate access to market its entire product lines.
NHMC has established a dominant sales force to market its custom operating room packs in the United States. This US sales team
consists of veteran sales representatives with an average of 15 years sales and marketing experience in healthcare supplies with such
companies as Johnson & Johnson, Alcon, Baxter, DeRoyal, Maxxim Medical, and Kimberly-Clark. This group will represent
NHMC in several different market segments, including such specialties as Radiology, Operating Room, Ophthalmology, Cardiac
Cath Lab and Labour & Delivery,
The Company is pleased to announce that committed sales for these major OR packs have dramatically increased over the past few
months already generating in excess of $ 1.5 million in sales in new business, with an additional $ 1.7 million to close within the next
30 days bringing the total of new and existing orders to over $10 million.
NHMC is also pleased to announce that it has entered into supply agreements and has commenced manufacturing on an exclusive
basis certain products for 3M and Alcon Pharmaceuticals Ltd..
NHMC owns and operates the world's first and only automated robotic production facility capable of assembling and packaging
various trays and kits for medical and surgical procedures. Use of this proprietary technology enables NHMC to produce these
medical devices efficiently, cost effectively, quickly and accurately thus providing an edge over its competition which currently use
manual labour. NHMC, through its wholly-owned subsidiaries National Care Products Ltd, (NCP), and NHMC-US, manufactures
and distributes personal care and patented anti-Microbial products respectively, to healthcare and homecare institutions throughout
North America and Europe. NHMC also owns 50 percent interest in National Healthcare Logistics, a state of the art company in
supply management for hospital groups.
Visit our Homepage at www.nationalhealthcare.com, or contact Alex Tsakumis at 1-800-883-8841. On Behalf of the Board,
Seyed Torabian, P.Eng.
Executive Vice President & Director
Neither Nasdaq nor the VSE have reviewed or accept responsibility for the accuracy of this release.
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DaveO doesn't accept responsibility for the accuracy of this release either. |
