Métier Medical FY16 Update: Bronze Awarded in Major International Awards, $1.3 Million Raised, New CEO

Métier Medical Limited wins Bronze in a major international design awards competition and Raises $1.3 Million in the 6 months between January & June 2016.

Métier Medical has seen its safety hypodermic needle with unique secure-lok mechanism win Bronze in the international A’Design Awards competition announced at a presentation held on Lake Como, Italy in June. The Award was won in the category of Scientific Instruments, Medical Devices & amp; Research Equipment design.

The Company has raised $1.3 million dollars in the period January – June and will shortly be seeking to raise a further $2 million dollars in a second capital raise.

Tony Christmas has been welcomed into the Company as its new CEO and brings with him an extensive knowledge of the medical devices industry from an international and local background.

Earlier this year Métier Medical entered into an agreement with a Kenyan syringe manufacturer, supported by the Bill Gates foundation, to provide its safety hypodermic needles for use with ‘Reuse Prevention’ syringes used in immunisation programmes throughout Africa.

ABOUT MÉTIER MEDICAL 

Needlestick injury and reuse is an endemic problem throughout the developed and developing world and never has there been such an awareness of the financial and human cost as in recent times. The National Institute for Occupational Safety & Health estimates between 600,000 to 800,000 needlestick injuries every year in the USA alone and the figures in Australia are rising every year.