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Home Industry News Advanced Medical Solutions sees growth in first half of 2013

Advanced Medical Solutions sees growth in first half of 2013

12th September 2013

Advanced Medical Solutions has announced its interim financial results for the first six months of 2013, during which it generated a revenue total of 27.4 million pounds.

This represents a year-on-year increase of 11 percent, with the recent reorganisation of the company into four business units delivering positive early results.

Highlights of the half-year include an increase in market share by volume to 17 percent in the alternate site segment, strong progress with the launch of several products in the US and a 25 percent rise in ActivHeal NHS revenues.

The company is expecting further growth for all four of its business divisions in the second half of the year.

Dr Don Evans, chairman of Advanced Medical Solutions, said: "The strength of the underlying business, combined with the opportunities we see from our research and development pipeline, lead the board to be optimistic about our long-term prospects."

The firm has manufacturing operations in four countries and currently employs more than 400 people.ADNFCR-8000103-ID-801636730-ADNFCR

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