Endoscopy Completed acquisition of Labcaire Systems, a major UK endoscopy provider Launched Endoscopy on Demand, managed service delivery Launched a new pass-through automated endoscope reprocessor (AER) Installed equipment now in more than 350 UK NHS and private hospitals including more than 900 AERs Food Safety Completed the installation in all US and Canadian stores of Safeway, a top-five US supermarket retailer Awarded the contract and completed installation for another top-five US supermarket retailer Expanded the customer base from 30 to 53 brands including another top-10 US supermarket and leading regional chains Wound Care Achieved positive results for Vashe Wound Therapy in a clinical burn study Received a new FDA 510(k) with expanded shelf-life claims Successful Fundraising 2 million equity (gross) raised in a Placing to fund the acquisition of Labcaire Systems $2.7 million raised through the issuance of debt
Greg Bosch, PuriCore CEO, said:
"PuriCore has an established track record of driving top-line growth while reducing costs. Anticipated sales growth and continued cost control should enable PuriCore to achieve operational leverage of its business model. The Directors are confident the Company can reduce net cash consumption and move the Company towards being cash flow positive."
A complete business report and financial statements for the year 2009 is available PuriCore's website.
SOURCE PuriCore plc