Acquisition Update

Advanced Medical Solutions Grp PLC 18 April 2002 For Immediate Release: 18 April 2002 Advanced Medical Solutions Group plc ('AMS' or the 'Company') Announces two new technology licensing deals and an update on the acquisition of MedLogic Winsford, UK: AMS, the medical device company, has today announced two major new deals relating to its technology for advanced woundcare. In January 2002, the Company took up an option to license silver fibre technology from Noble Fiber Technologies Inc for incorporation into its alginate based woundcare dressings. The Company has now signed a Development Agreement for silver alginate products with a major international woundcare company. Products arising out of this collaboration will now be taken through development, clinical and regulatory approval for launch in 2003. The Company also announced last September the granting of a patent for its anti-bleed gel. A separate agreement has now also been signed with a major international pharmaceutical company with whom AMS will be collaborating to develop a product for launch during 2003 under a leading antibiotic brand. Commenting on these announcements, Chief Executive Officer, Dr. Don Evans stated: 'We are extremely pleased to have now completed these two agreements whereby we are able to take two of our key new technologies out into the market place with powerful blue-chip partners. As stated in our recent preliminary results announcement, to sign up partners for these products was part of our immediate corporate strategy and we see these deals as being instrumental in helping to drive our growth in higher value products going forward'. In relation to the recent announcement of the acquisition of MedLogic Global Holdings Limited, Dr. Evans commented: 'The response to our recent announcement from our major partners has been overwhelmingly positive with many of them requesting meetings to discuss taking the MedLogic tissue adhesives and sealants into hospitals, nursing homes and consumer OTC channels. We are very confident that we can bring on board major partners for these products during the second half of this year'. For further information please contact: Advanced Medical Solutions Group plc Tel: +44 (0) 1606 863500 Don Evans, Chief Executive Mary Tavener, Finance Director www.admedsol.com Buchanan Communications Tel: +44 (0) 20 7466 5000 Nicola How / Fergus Mellon This information is provided by RNS The company news service from the London Stock Exchange
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