(Alliance News) - Remote Monitored Systems PLC on Friday reported a new Anglo-Indian partnership between its subsidiary Pharm 2 Farm Ltd and India's VKE Enterprises to distribute its Pro-Larva mask.
The London-based survey and inspection services provider said Pro-Larva mask is the first anti-viral mask to be approved by the UK Medicines & Healthcare Products Regulatory Agency as a class 1 medical device.
The Pro-Larva face mask is made in Britain using patented a-Virion nanotechnology that is clinically proved to kill 99.9% of Covid and Influenza viruses, within 5 minutes of contact, and continues to kill the virus for seven hours, RMS said.
Remote Monitored Systems shares were trading 30% higher in London on Friday at 0.78 pence each.
Remote Monitored Systems is set to change its name to nanosynth group PLC on Monday next week. Back in June, the company announced its intention to restructure itself into three subsidiaries, namely Pharm 2 Farm, Nanosynth and Cloudveil.
The name change was approved by the company's shareholders on Tuesday this week.
Executive Chair Antony Legge said: "Significant progress has been made in transforming the group and refocusing on businesses which provide good opportunities where we are able to apply the company's reserves to best exploit those areas.
By Evelina Grecenko; evelinagrecenko@alliancenews.com
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