Medical Products Stock
International Market Expansion News
Andy Sealfon, CEO & Chairman of RMS Medical Systems, Inc.
(Stock Symbol: REPR)
Covers European Trip To Expand Medical Product Distribution and Sales:
My recent visited Medica in Dusseldorf and was warmly received by our RMS Medical Products European distributors who greeted me with bear hugs, grins, and many personal thanks for making this trip immediately after my travels to Barcelona for ESID. We had enthusiastic discussions as to the impressive growth potential for the UK and Scandinavian regions, and for expansion into Germany. We are working on the formation of a Clinical Advisory Panel for Europe, and our UK distributor has begun conversations with one of the lead nurses in the largest UK hospital.
There is a new application for our High Flo Subcutaneous needle sets for treatment of Parkinson’s disease, which is an entirely new market for us. We have new trials going on all over Europe, and the possibility of one in Russia, in partnership with several pharmaceutical companies. We’ll soon have trials in Germany, Sweden, and probably Italy. We are preparing a new market launch of an addition to our system designed for Facilitated Subcutaneous Immune Globulin (FSCIg) which was subject of a Swedish trial, and was such a hit (human factors study showed 95% out of 100 satisfaction), that patients are lining up and building pressure for us to begin delivery which we are working hard to accomplish. This new system is also under trial in Germany. For the first time patients are able to perform the delivery at home without nursing support. We are working with large Pharma companies to deliver their new drugs to our markets widening the market for our High Flo 24 gauge needles.
We are excited about the individuals that comprise our Europe team. As individuals, they each bring unique talents and collectively I believe they are unstoppable. Chatarina S., Global VP of Marketing located in Sweden, will assist the sales team for the Scandinavian region while still performing marketing and clinical support. Markus D. our super salesperson in Germany is working hard to get our new distributor there up and running. Manal H., based in the USA, is the glue that binds this team together. She is always in the lead initiating new dynamics for the team and the Company. Sabino Loiodice who is our new Director of European Sales has the ideal European charm, maturity, and a very modern approach to management which embraces coaching, mentoring, and preempting obstacles. I expect great things from this super team!
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The Company manufactures medical products used for infusions and suctioning. The Infusion product portfolio currently includes the FREEDOM60(R) and the newer FreedomEdge™ Syringe Infusion Pumps, RMS Precision Flow Rate Tubing(TM) and RMS HIgH-Flo(TM) Subcutaneous Safety Needle Sets. These devices are used for infusions administered in professional healthcare settings as well as at home. The Company’s RES-Q-VAC line of medical suctioning products is used by emergency medical service providers in addition to a variety of other healthcare providers.