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BATM wins first contract for new biological waste solution

By BFN News | 08:22 AM | Wednesday 17 June, 2015


The pathogenic waste treatment sterilisation unit of BATM Advanced Communications' bio-medical division has been awarded its first significant contract for its biological waste solution developed for the biopharmaceutical industry. The contract from one of the world's largest manufacturers of vaccines for animal health is expected to be worth approximately $1.2m. The company says: "In vaccine manufacture, all waste materials must be treated as bio-hazardous due to the use of the live virus in the production process and, as a result, the volume of biological waste is typically greater than in other industries. The director's believe that this is the first time that a solution has been developed that automates the entire process of disposing of the bio-hazardous waste safely. With solutions currently available in the market, this bio-hazardous waste is handled manually on site as well as during transportation and then, again, at the disposal site." BATM's solution will enable the customer to treat the waste on site, thereby mitigating the risk of cross-contamination. During the first phase, BATM will receive $320,000 for the installation of the solution at one of the customers' production sites in Europe this year. It is anticipated that this will be followed by orders, for approximately $880,000, for the installation of units at the customers' European and US-based production sites in 2016. Chief executive Dr Zvi Marom said: "We are very pleased with the award of this new contract, which represents the first substantial order for our new biological waste solution for the biopharma industry. This new solution is the most cost effective and efficient method of treating and disposing of bio-hazardous waste available today. "As such, we expect to receive growing demand for this system whilst continuing to innovate to provide further global market-leading waste treatment solutions in the biopharma and agricultural industries, to complement our established position in the medical industry." At 8:22am: (LON:BVC) BATM Advanced Communications Ltd share price was +0.5p at 15.25p Story provided by StockMarketWire.com

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