24th Jan 2019 14:06
LONDON (Alliance News) - AorTech International PLC on Thursday said it has made further progress on the development of its heart valve and textile projects.
AorTech, which focuses on polymers in medical devices, was trading up 22% at 53.00 pence a share on Thursday afternoon.
AorTech has commenced work on planning the future manufacturing process for its heart valve project, it said Thursday.
Furthermore, in its Textile division, the company's partners at RUA Medical have manufactured yarn which has been designed for both patch and grafts products.
"The yarn has now been converted into textile and the initial results have been very encouraging and more than meet our initial expectations," AorTech added.
Chair Bill Brown said: "I am delighted with the progress being made on the development of both the Heart Valve and the Textile based products. The work being done by our partners is more than meeting our expectations and we look forward to the further developments anticipated over the coming months."
Furthermore the company has received a new US patent for its process for bonding a silicone or silicone-based material to a polyurethane.
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