AorTech international Plc (to be renamed RUA lifestyles Sciences Plc)
("AorTech", the "enterprise" or the "group")
change of identify and rebranding
extra to its announcement of 31 March 2020, AorTech foreign Plc (to be renamed RUA life Sciences Plc), the maintaining enterprise of a gaggle of medical machine companies focused on the exploitation of the world's leading long-time period implantable biostable polymer (Elast-EonTM), confirms that the change of its identify, and rebranding of all neighborhood companies, under the RUA brand has taken impact. as a result, it is expected that buying and selling on aim within the enterprise's regular shares beneath the new name, RUA lifestyles Sciences Plc, will commence at eight.00 a.m. on 18 June 2020 and at the equal time the business's TIDM will exchange to "RUA".
The enterprise's adoption of a brand new name follows its recent acquisition of RUA medical instruments limited and displays its vision to improve the lives of thousands and thousands of patients through enhancing and enabling medical contraptions with Elast-EonTM, the realm's leading long-time period implantable polyurethane. whether it is licensing Elast-EonTM, manufacturing a tool or part or setting up next generation scientific contraptions, a RUA existence Sciences company is pursuing the enterprise's imaginative and prescient.
furthermore, the enterprise's site address, which offers all guidance in compliance with purpose Rule 26, will be changed to www.rualifesciences.com, with effect from 8.00 a.m. on 18 June 2020.
bill Brown, Chairman of the AorTech, spoke of: "The trade of name from AorTech overseas Plc to RUA lifestyles Sciences Plc is a crucial construction for the company. The contemporary acquisition of RUA medical contraptions confined which created a fully formed, conclusion-to-conclusion medical gadget company has facilitated the rebranding of all group agencies beneath the RUA banner. i'm delighted that the newly enlarged group is now in a position to circulate ahead under a unified manufacturer as we embark on the next part of developing the group's business."
For extra tips contact:
AorTech international plc
invoice Brown, Chairman Tel: +forty four (0) seventy seven 3071 8296
David Richmond, CEO Tel: +forty four (0) 78 9999 6400
Shore Capital
Tom Griffiths/David Coaten Tel: +44 (0)20 7408 4080
About AorTech foreign (to be renamed RUA lifestyles Sciences)
The RUA life Sciences neighborhood changed into created in April 2020 when AorTech foreign plc got RUA medical gadgets limited to create a completely formed medical gadget business. RUA existence Sciences is the preserving business of the neighborhood's 4 buying and selling corporations, every exploiting the neighborhood's patented polymer know-how.
Our vision is to enhance the lives of thousands and thousands of patients with the aid of enhancing and enabling medical contraptions with Elast-EonTM, the area's leading lengthy-time period implantable polyurethane.
even if it's licensing Elast-EonTM, manufacturing a tool or part or developing next era clinical gadgets, a RUA lifestyles Sciences company is pursuing our imaginative and prescient.
Elast-Eon™'s biostability is comparable to silicone while exhibiting outstanding mechanical, blood contacting and flex-fatigue properties. These polymers can also be processed the use of prevalent thermoplastic extrusion and moulding ideas. With over 7 million implants and over 14 years of a hit medical use, RUA's polymers are proven in long-time period life enabling purposes.
The group's 4 business devices are:
RUA scientific: conclusion-to-end contract developer and company of scientific instruments and implantable material expert.
RUA Biomaterials: Licensor of Elast-EonTM polymers to the medical equipment trade.
RUA Vascular: building of colossal bore polymer sealed grafts and delicate tissue patches.
RUA Structural coronary heart: construction of tri leaflet polymeric coronary heart valves.
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