UNS 0.00% 0.5¢ unilife corporation

reality check, page-20

  1. TDA
    11,411 Posts.
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    JP, good one, this was my point last month when the usual detracting was happening with regards to the 1ml. My reply first and our new announcement next, I tick LT Buy because this is the Healthcare Industry:)


    (April 6, 2010)

    Following FDA-clearance for US-assembled units of the Unitract 1mL Insulin Syringe, Unilife has immediately shifted manufacturing activities at Lewisberry to a four shift, 24 hour, 7 day per week (24/7) manufacturing cycle. This 24/7 manufacturing cycle is expected to maximize annual production capacities for the Unitract 1mL syringes and further improve manufacturing cost-
    efficiencies.

    Unilife will now immediately file an additional 510(k) with the FDA seeking clearance for the Unitract 1mL Tuberculin (TB) Syringe. FDA clearance of the Unitract 1mL TB Syringe, which is a variant of the Insulin syringe product, will further expand the ability of the Company to market its range of safety syringes to U.S. healthcare facilities.





    Unilife Corporation Secures FDA 510k Clearance for the Unitract(TM) 1mL Tuberculin Syringe

    --US-made Unitract(TM) 1mL syringes also approved in Australia and Europe --Unitract(TM) 1mL syringes attain five-year shelf life expiration date


    LEWISBERRY, Pa., Sept 01, 2010 /PRNewswire via COMTEX News Network/ -- Unilife Corporation ("Unilife" or "Company") (Nasdaq: UNIS, ASX: UNS), today announced that its Unitract(TM) Tuberculin (TB) Syringe has received 510(k) market clearance from the U.S. Food and Drug Administration (FDA).

    The Unitract(TM) TB syringe is a variant of the Unitract(TM) 1mL Insulin Syringe for which Unilife secured FDA clearance earlier this year. Unlike insulin syringes which are primarily used by people with diabetes, TB syringes are used for the administration of a range of therapeutic drugs and vaccines within acute-care hospitals and other healthcare facilities.

    The Unitract(TM) range of 1mL syringes is the world's first and only known syringe that allows operators to control the speed of passive (automatic) needle retraction directly from the patient's body into the barrel of the syringe where it is locked in place. The products are well positioned to help prevent the transmission of blood-borne diseases such as HIV and hepatitis C via needlestick injuries, aerosol dispersal and syringe reuse. Primary target markets of the products include healthcare facilities, pharmaceutical companies and patients who self-administer prescription medication. Production of the Unitract(TM) 1mL syringe is occurring at Unilife's FDA-registered manufacturing facility in Lewisberry, Pennsylvania.

    Mr. Alan Shortall, Chief Executive Officer of Unilife, stated, "U.S. FDA 510k market clearance for our Unitract(TM) TB syringe marks an important step in our company's efforts to bring a complete line of safety syringes to market, as it is our second product to receive this clearance. With TB syringes most commonly used within acute-care hospitals and other healthcare facilities, FDA clearance of our Unitract(TM) TB syringe significantly broadens our capacity to market our unique products across the U.S. and other key international markets."

    Unilife has also recently secured its EC certification to apply the CE Mark to its Unitract(TM) 1mL syringes manufactured at its Lewisberry facility, allowing the sale and distribution of these products within the European Union and Australia.

    The Company also expects to complete studies required to attain a five-year shelf life expiration date for its full range of Unitract(TM) 1mL syringes in September. The inclusion of a five-year expiry date on medical device packaging is considered to be the gold-standard within the industry, and should help to finalize discussions with a number of interested U.S. healthcare distributors in the near future.


 
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