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Pin to quick picksFutura Medical Regulatory News (FUM)

Share Price Information for Futura Medical (FUM)

Share Price is delayed by 15 minutes
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0.554    -0.004 (-0.72%)
Bid:
0.45
Ask:
0.50
Spread: 0.05 (11.111%)
Market Cap: £3.22m
FUM Live PriceLast checked at - London Stock Exchange

Intraday Futura Medical Share Chart

Statement re Share Price Movement

7 Jan 2013 16:10

RNS Number : 9981U
Futura Medical PLC
07 January 2013
 



 

 

For immediate release

7 January 2013

 

Futura Medical plc

("Futura" or "the Company")

Statement re Share Price Movement

Futura Medical plc (AIM: FUM), the pharmaceutical group that develops innovative products for consumer healthcare, notes the recent movement in the Company's share price.

Futura confirms that negotiations are progressing well for the re-licensing of CSD500, the Company's novel condom. While the Board is confident of re-licensing the product to one or more of the world's major condom distributors or healthcare companies, there is no guarantee that a deal or deals will be signed or that, if they are, the terms will reflect management's expectations of the value of the product.

Futura also confirms that progress towards the award of a new CE Mark for CSD500 is on track. Further updates will be provided in due course.

 

For any further information please contact:

Futura Medical plc

+ 44 (0) 1483 685 670

James Barder, Chief Executive Officer

Mail to: James.Barder@futuramedical.com

www.futuramedical.com

Nomura Code Securities Limited

+ 44 (0) 20 7776 1200

Phil Walker / Giles Balleny

Buchanan

+ 44 (0) 20 7466 5000

Mark Court / Fiona Henson / Sophie Cowles

 

 

Notes to editors:

 

About Futura Medical plc

 

Futura Medical is a pharmaceutical group that develops innovative products for consumer healthcare. The Company is developing a portfolio of products and its strategy is to license their manufacture and distribution to major pharmaceutical and healthcare groups.

 

Futura is based in Guildford, Surrey, and its shares trade on the AIM market of the London Stock Exchange.

 

www.futuramedical.com

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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