5 Aug 2019 13:36
5 August 2019
AorTech International plc
("AorTech", the "Company" or the "Group")
Posting of Report & Accounts
and
Notice of Meeting
AorTech International plc (AIM: AOR), the biomaterials IP and medical device development company, announces that its Annual Report and Accounts for the year ended 31 March 2019, have been posted to shareholders and are available on the Company's website at https://www.aortech.net/wp-content/uploads/2019/07/Aortech-Annual-Report-July-2019.pdf.
The Annual General Meeting will be held on Monday 19 August 2019 at 11.00 a.m. at the offices of Davidson Chalmers Stewart LLP at 163 Bath Street Glasgow G2 4SQ.
For further information contact:
AorTech International plc Tel: +44 (0)7730 718296
Bill Brown, Executive Chairman
Shore Capital Tel: +44 (0)20 7408 4050
Tom Griffiths / David Coaten
About AorTech:
AorTech has developed biostable, implantable polymers, including Elast-Eon™ and ECSil™ the world's leading long-term implantable co-polymers, now manufactured on its behalf by Biomerics LLC in Utah, USA. Elast-Eon™ and ECSil™'s biostability is comparable to silicone while exhibiting excellent mechanical, blood contacting and flex-fatigue properties. These polymers can be processed using conventional thermoplastic extrusion and moulding techniques. With over 6 million implants and over 10 years of successful clinical use AorTech polymers are proven in long term life enabling applications.
In addition to continuing to exploit AorTech's Intellectual Property related to the world class biomaterial -
Elast-Eon™, AorTech is now incorporating this material into a number of medical devices of our own design. Elast-Eon™ has first class long term blood contacting properties and as a result, all of the initial products being developed are for the cardio vascular field. Each device is being designed to have improved clinical outcomes over current device technology,eliminating the use of animal sourced material whilst allowing procedures to remain the same, therefore avoiding the need of having to retrain surgeons in new ways of operating.