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Prices & Quotes - UK Markets - Surgical Innovations Group (SUN)

Risk Warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Share Price:
2.25p
Change Today:
0.000p
Market Cap:
20.99m
Sector:
Health Care Equipment & Services

Surgical Innovations subsidiary signs Microline distribution deal

By Josh White

Date: Monday 22 Mar 2021

LONDON (ShareCast) - (Sharecast News) - Surgery technology company Surgical Innovations announced on Monday that its wholly-owned subsidiary Elemental Healthcare has signed an additional three-year exclusive distribution agreement with Microline Surgical, for the distribution of Microline instruments in Great Britain.
The AIM-traded firm said Microline, based near Boston, Massachusetts, designs, manufactures and distributes instruments aimed at the minimally-invasive surgery market.

Its portfolio of products was said to be "complementary" to those offered by Surgical Innovations, with a focus on the 'Resposable' ethos of cost and sustainability.

Elemental already had an established relationship with Microline, and recently announced a new five-year United States distribution agreement with Microline for its range of 'YelloPort+Plus' and 'YelloPort Elite' access devices.

"We are very pleased to announce an exclusive agreement for a further three years to sell products manufactured by Microline Surgical," said group development director Adam Power.

"Microline is Elemental Healthcare's longest standing distribution partner as well as our largest, and shares the philosophy of sustainability in its products which will play such an important part in hospital decision-making in the years to come."

At 1410 GMT, shares in Surgical Innovations were down 0.74% at 2.68p.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

SUN Market Data

Currency UK Pounds
Price 2.25p
Change Today 0.000p
52 Week High 3.55p
52 Week Low 1.45p
Volume 2,473
Shares Issued 932.82m
Market Cap 20.99m
Beta 0.53

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SUN Dividends

No dividends found

Trades for 26-Nov-2021

Time Volume / Share Price
08:00 2,473 @ 2.25p

SUN Key Personnel

CFO Charmaine Day
CEO David Marsh