ALT 0.00% 0.5¢ analytica limited

Gee, an announcement! " 8 October 2017. Analytica Ltd (ASX:ALT)...

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  1. 15,831 Posts.
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    Gee, an announcement!
    " 8 October 2017. Analytica Ltd (ASX:ALT) wishes to update shareholders on the process of re-entering the
    US market following the withdrawal of US registration by its previous PeriCoach contract manufacturer
    earlier this year.
    Analytica has recently signed a manufacturing services agreement with another Australian-based contract
    manufacturer. Analytica has spent several months negotiating this agreement which defines roles and
    responsibilities for the production and quality systems of both companies.
    The systems created with the new contract manufacturer will provide flexibility in product and process
    changes and the supply chain overall. The new manufacturer is ISO13485 certified and is US Quality
    System Regulation compliant and has experience growing medical devices from concept through to massmanufacture overseas. The processes developed can be scaled, moved or duplicated, which adds value to a
    potential acquirer if they intend to integrate the PeriCoach production into their own manufacturing facilities
    offshore. The contract manufacturer also has a strong product development team which can be used to
    augment Analytica's own capability to drive further product enhancements, particularly in cost-of-goods
    reductions.
    Analytica expects to re-register its establishments with the USFDA and resume supply of the PeriCoach to
    the US this quarter.
    For more i
 
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