focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE
Stephen Yiu, FM at WS Blue Whale, discusses Nvidia, Visa/Mastercard, Lam Research & Allied Materials
Stephen Yiu, FM at WS Blue Whale, discusses Nvidia, Visa/Mastercard, Lam Research & Allied MaterialsView Video
Ben Turney, CEO at Kavango Resources, explains the company's progress from exploration to mining
Ben Turney, CEO at Kavango Resources, explains the company's progress from exploration to miningView Video

Latest Share Chat

AorTech Announces Update of Factory Move

6 Mar 2012 15:30

RNS Number : 8013Y
AorTech International PLC
06 March 2012
 



For Immediate Release 6 March 2012

 

 

AorTech Announces Completion of Major Elements of Factory Move

 

AorTech International plc ("AorTech" or "the Company") announces the completion of the major elements of its move from Melbourne, Australia to Rogers, MN.

In line with the 16 June 2011 announcement of this licence restructuring and asset purchase transaction, and later the 10 October 2011 announcement regarding commencement of production in the new Rogers, MN facility, this notice is to inform shareholders that all of the milestone payments related to the transaction and factory move have been invoiced and received by AorTech.

-Ends-

For further information please contact:

 

AorTech International plc

Frank Maguire, Chief Executive Officer

Tel: + 1 801 201 4336

Sarah Price, Media Relations

Tel: + 1 801 649 4163

e-mail sprice@aortech.com

Investec Investment Banking

Jeremy Ellis

Tel: +44 20 7597 5714

 

 

About AorTech: AorTech develops and manufactures biostable, implantable polymers, including Elast-Eon™ and ECSil™, the world's leading long-term implantable co-polymers, as well as proprietary processing methods for various devices, including small part RIM manufacturing. With more than 3 million implants and five years of successful clinical use, AorTech polymers are currently used in cardiology, orthopaedic, urological and gastroenterological applications, including pacing leads, cardiac cannulae and stents. Devices manufactured from AorTech polymers have numerous US FDA PMA approvals, 510k's, CE Marks, Australian TGA and Japanese Ministry of Health approvals.

Elast-Eon™ and ECSil's™ biostability is comparable to silicone while exhibiting excellent mechanical, blood contacting and flex-fatigue properties. Our polymers can be processed using conventional thermoplastic extrusion and molding techniques. AorTech provides a range of materials in a variety of application-specific formulations for use in medical devices and components.

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

Related Shares

Back to RNS

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.