Navigation Links
SastoMed Starts Granulox Sales Today
Date:4/16/2012

WITTEN, Germany, April 16, 2012 /PRNewswire/ --

Subsequent to the granting of the CE mark authorizing production, distribution and sales in the member countries of the European Union, and after fifteen months of intensive strategic and operational preparation, global licensee SastoMed GmbH has initiated sales of Granulox today on the official approval of the first batch of products. Granulox, a spray aiming at improved healing of chronic wounds, is based on a patent by SanguiBioTech GmbH. It currently is the only therapeutic which can help to soothe the problem of hypoxia i.e. the lack of oxygen supply to chronic wounds. Indications as granted by the CE mark include diabetic foot, leg ulcer and decubitus ulcer.

"It is worth noticing", SastoMed Managing Director Michael Sander emphasized, "that thanks to our highly focused approach and diligent professional work we managed to obtain the CE mark ahead of our 2010 schedule but are fully prepared now for a head start into actual commercialization. This was our goal from the beginning and this first part of the mission was fully accomplished."

According to information provided by the joint venture company, SastoMed GmbH over the past months hired and trained a sales team of experienced wound management experts who will now take care of the German market. They will be supported by additional sales representatives. The sales team is focused on Granulox exclusively. In the course of premarketing activities multiple contacts among hospitals, wound ambulances and wound care practitioners have already been made aware of the advantages of Granulox. Based on the reaction by numerous experts, SastoMed, therefore, is pursuing ambitious sales targets and expects to having gained a 10% share of the market for modern wound treatment by the end of 2013.

The detailed marketing plan for the current year includes advertisement campaigns in specialized trade media, noticeable presence at key wound management conferences, congresses and medical trade fairs including booths, hosting of workshops and round table sessions as well as lectures and presentations, both in Germany and on an international level. Negotiations are underway with potential distributors in key European countries, SastoMed confirmed.

SastoMed also indicated that production capacity was contractually secured to meet demand beyond the current ambitious sales targets. Additional market assumptions and revenue expectations are to be disclosed at some later point in time after the launch phase of the sales initiatives.

SanguiBioTech GmbH is a ninety percent subsidiary of Sangui BioTech International, Inc. (http://www.otcmarkets.com: SGBI)

Some of the statements contained in this news release discuss future expectations, contain projections of results of operation or financial condition or state other "forward-looking" information. These statements are subject to known and unknown risks, uncertainties, and other factors that could cause the actual results to differ materially from those contemplated by the statements. The forward-looking information is based on various factors and is derived using numerous assumptions.  Important factors that may cause actual results to differ from projections include, among many others, the ability of the Company to raise sufficient capital to meet operating requirements. Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," and variations of such words and similar expressions are intended to identify such forward-looking statements. Unless required by law, the Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

For more information please contact:
Joachim Fleing
Phone: +49(160)741-27-17
Fax: +49(2302)915-191
e-mail: fleing@sangui.de


'/>"/>
SOURCE Sangui Bio Tech International Inc.
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. Lilly Introduces Global Innovation Starts Here Initiative to Foster Innovation and Quality Science
2. Mark Your Calendar - Open Enrollment for Medicare Prescription Drug and Health Plans Starts Earlier
3. Roche Starts Early Stage Clinical Trial in Down Syndrome
4. Prostate Cancer Awareness Month Starts in September
5. Unilife Starts Unifill Syringe Sales to Another Pharmaceutical Customer
6. Sanofi Pasteur Starts Shipping Influenza Vaccine for the 2011-2012 Season
7. Grifols Starts Construction of a New Plasma Fractionation Plant in Barcelona (Parets Del Valles)
8. Tibotec Starts Global Phase 3 Clinical Trials Studying TMC435 in Adults With Chronic Genotype 1 HCV
9. NovaShunt Starts its Pivotal Clinical Study "PIONEER" to Demonstrate the Clinical Value of the AFS System
10. Novexel Starts Phase II Clinical Trial With NXL103 in Adults With Acute Bacterial Skin and Skin Structure Infections (ABSSSI)
11. AMT Starts Development LPLChip(TM) With Progenika
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/27/2017)... , Feb. 27, 2017  Infinity Pharmaceuticals, Inc. ... the Cowen and Company 37 th Annual Healthcare ... ET in Boston, MA. A ... the Investors/Media section of Infinity,s website at www.infi.com ... the event. About Infinity,Infinity is an innovative ...
(Date:2/27/2017)... Leading Countries, Technologies and Companies ... grow at a CAGR of 8.9% from 2016-2021 and CAGR of ... CAGR of 9.1% from 2016 to 2027. The market is estimated ... ... Read on to discover how you can exploit the future ...
(Date:2/24/2017)... , Feb. 24, 2017  Today, exocad America ... labs have a new path to produce 510(K) ... Biodenta implant library integrated into exocad DentalCAD software. ... FDA compliant Good Manufacturing Processes (GMP,s) into their ... Biodenta, and complete an audit process. Then, dental labs ...
Breaking Medicine Technology:
(Date:2/27/2017)... ... 27, 2017 , ... This webinar , sponsored by ... tool to characterize particle size distributions in the field of geoscience and soil ... scientific findings. It describes methods of optimized and standardized sample collection, preparation and ...
(Date:2/27/2017)... San Francisco, CA (PRWEB) , ... February 27, ... ... Area center for hair transplantation therapy, is proud to announce a new informational ... popular hair therapy procedures. Follicular Unit Extraction (FUE) hair transplant and Follicular Unit ...
(Date:2/26/2017)... ... February 26, 2017 , ... This is an ... world’s first to be ISO/IEC 17025:2005 INAB accredited for Der p 1 (house ... is the globally recognised standard that sets out requirements for the technical competence ...
(Date:2/26/2017)... (PRWEB) , ... February 26, 2017 , ... ODH, Inc.™ ... Care Summit, February 27-28 at the Sheraton Pentagon City Hotel in Arlington, VA. ODH’s ... PerformCARE to use behavioral health analytics to improve Medicaid population health management. , ODH ...
(Date:2/24/2017)... ... February 24, 2017 , ... Houston dentist ... his office, Antoine Dental Center. Currently, patients can get single dental implants for ... but patients can learn more about these offers by contacting Antoine Dental Center. ...
Breaking Medicine News(10 mins):