Found this interesting, could be the beginning of the promises firming up so to speak. Futura Medical plc (AIM: FUM), the pharmaceutical group that develops innovative products for consumer healthcare, is pleased to announce that its innovative spray for enhanced sexual control, PET500, has been showcased by its commercial partner at the annual Marketplace meeting of the US National Association of Chain Drug Stores (NACDS) in Denver, Colorado.
Marketplace, which this year was held on 23 to 26 June, is the largest conference of its type in the USA. It is attended by the decision makers from the food, drug and mass retail industries who together purchase products worth more than US$500 billion annually.
Presentations about the clinical performance and commercial potential of PET500 were made to the key retailers at Marketplace prompting positive feedback. Showcasing of innovative products at Marketplace is part of the product launch process.
PET500, a topical spray that combines Futura's DermaSys® AquaFree delivery system with a mild topical anaesthetic, is designed to delay male ejaculation and to take effect quickly.
James Barder, Futura's Chief Executive, said: "We are very encouraged by the initial reaction to PET500 at this major US trade show ahead of the phased roll-out of the product in the USA."
good to hear, i had a look recently but never bought, in the main i'm keeping my powder dry at the moment, i dont want to catch any falling knives, re read the Jesse Livermore book over the weekend, some things never go out of fashion.
Sit tight, its general panic at the moment, ive traded this from 42p, we saw the same thing late last year, CSD should bring this back over a quid, i'm not too worried about the present situation, did you trade SCLP, i got out with a little over 16p, XEN jeez now thats a loooooooooooong termer by the looks of it, i sliced at 11p but still have a tidy sum tied up in it.
Futura Medical plc (AIM: FUM), the pharmaceutical group that develops innovative products for consumer healthcare, will hold its Annual General Meeting in London this morning. At the meeting, John Clarke, Futura's Chairman, will make the following statement: "This is my first AGM since joining Futura in February this year and I'm pleased to say that the current financial year has started well. We are moving closer to the launch of CSD500, our highly innovative condom, and will update shareholders on progress towards the launch as soon as we are able to do so. Elsewhere in our portfolio we look forward to the launch and roll-out beginning this summer in the US of PET500, our topical spray for enhanced sexual control. "We also continue to make good progress in our earlier stage pipeline of products and in assessing new opportunities. A clinical study of our cellulite treatment, CRF100, is now fully recruited and is under way. We expect to announce the results of this study at about the time of our half year financial results in September."
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