6th May 2014 07:43
LONDON (Alliance News) - Tristel PLC saw its shares rise early Tuesday after it said its wipes system for decontaminating endoscopes used in ear, nose and throat departments had been recommended in an article in a Russian scientific journal, a development it hopes will lead to a jump in sales in the country.
The maker of infection prevention, contamination control and hygiene products said its wipes system was recommended in an article published in the April 2014 issue of the peer-viewed journal "Russian Otorhinolaryngology".
"We first registered our wipes system in Russia two years ago. Just as we have experienced in all the markets in which we have introduced the wipes, it takes several years before our novel and innovative approach to decontaminating ENT endoscopes gains widespread acceptance. The tipping point is recognition of its merits by the clinical specialty which has now happened in Russia," Chief Executive Paul Swinney said in a statement.
Swinney said sales of the wipes system have reached GBP2.8 million in the first nine months of its current financial year, and have exceeded GBP1.2 million in Germany and Australasia combined.
Tristel shares were up 13% at 61 pence early Tuesday.
By Steve McGrath; [email protected]; @SteveMcGrath1
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