17 Dec 2015 16:00
17 December 2015
FastForward Innovations Limited
("FastForward" or the "Company")
Diabetic Boot Company Limited receives US FDA approval to market PulseFlowDF in US
FastForward is pleased to announce that the Diabetic Boot Company Limited ("DBC"), in which it holds a 4.9% stake, has received a letter from the US Food and Drug Administration ("FDA") confirming that the product PulseFlowDF, being developed for the treatment of diabetic foot ulcers, can be marketed in the United States. This follows the submission by DBC of a Section 510(k) premarket notification and two rounds of questions from the FDA which DBC has responded to during 2015. DBC is now moving forward with plans to commence sales of PulseFlowDF in the United States.
Nick Hyde, the chairman of DBC noted that "receipt of approval to market a product from the FDA under section 510(k) is major milestone for any company and one that marks the start of an exciting next phase for us".
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For further information please visit www.kualainnovations.com or contact:
FastForward Innovations Limited Tel: +44 1481 810 100 Elysium Fund Management Limited
Beaumont Cornish Limited (Nomad) Tel: +44 (0) 207 628 3396 James Biddle / Michael Cornish
Peterhouse Corporate Finance Limited (Broker) Tel: +44 (0) 20 7469 0930 Guy Miller / Lucy
Williams
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