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Bespak development contract award

22nd Jul 2013 07:00

RNS Number : 7820J
Consort Medical PLC
22 July 2013
 



 

News Release

 

22 July 2013

 

Consort Medical plc

 

Bespak development contract award

 

Consort Medical plc ("Consort" or "The Group") (LSE: CSRT), announces the award of a new device development contract.

 

Bespak's Cambridge based Innovation Team have developed a novel, patented nasal drug delivery device, and the customer has contracted with Bespak to develop this for use in this specific application.

 

The contract win, the details of which are confidential, adds to Consort Medical's Development pipeline, as programme NAS030. The programme may include drug handling.

 

Jonathan Glenn, Consort Medical Chief Executive commented: "We are delighted to have secured this contract in an exciting therapeutic area, and are pleased with the latest success of our Innovation team which was created approximately three years ago. The programme award represents the continued execution of our organic diversified growth strategy, further broadening the portfolio."

 

Consort Medical will publish its Annual report on 25 July 2013, ahead of its AGM on 2 September 2013. Consort's Q1 IMS will be released on 2 September 2013.

 

-Ends-

 

 

Enquiries:

ConsortJonathan Glenn - Chief Executive

Richard Cotton - Finance Director

Tel: +44 1442 867920

Brunswick Group

Jon Coles

Anna Carruth

Tel: +44 20 7404 5959

 

 

Consort Medical plc is an international medical devices company, focused on developing and manufacturing disposable medical devices for drug delivery. The principal business of the Company is the management of Bespak, a global market leader in the manufacture of drug delivery devices for pharmaceutical partner companies, including respiratory, nasal, and injectables products, and the manufacture of devices for the point of care diagnostics market.

 

The Group has facilities in King's Lynn, Cambridge, Nelson and Hemel Hempstead in the UK. Consort Medical is a public company quoted on the full list of the London Stock Exchange (LSE: CSRT). The Group's website address is www.consortmedical.com.

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