Bactiguard expands market presence in Europe


Bactiguard establishes market presence in Portugal by entering an exclusive
distribution agreement with Socime Medical Ltd, covering all products in the
Bactiguard infection protection portfolio.
“Expanding our geographical footprint in Europe is an important part of
Bactiguard’s strategy. By entering the Portuguese market we take an important
step in this direction”, says Johan Rugfelt, CEO

Through this agreement, Bactiguard expands its market presence to 51 countries
worldwide. Earlier in the second quarter a distribution agreement for Iran was
signed.

Portugal has a population of 10.6 million inhabitants and spends close to 10
percent of GDP on healthcare. Approximately 11 percent of the patients in
Portuguese hospitals are affected by healthcare associated infections and multi
-resistant bacteria are increasing, like in the rest of the world. Implementing
preventive measures to counteract these problems is therefore essential.

The Portuguese market for products within Bactiguard’s focus area e.g. Foley
catheters, central venous catheters and endotracheal tubes, is currently
estimated at approximately 6 MEUR per annum.

“Socime Medical began marketing and distributing medical and surgical equipment
in 1997, in the fields of neurosurgery and interventional cardiology. Since
then, we have broadened the scope of our business, looking for new products and
seeking out the best solutions to health needs in Portugal.

We excel by selecting our suppliers with care, thereby ensuring the total
reliability of the products we represent and look forward to introducing the
Bactiguard portfolio for infection prevention on the Portuguese market”, says
Paulo Amaro, owner of Socime Medical Ltd.
For further information, please contact:

Cecilia Edström, Director of Communications

cecilia.edstrom@bactiguard.se

Mobile: +46 722 262 328
About Bactiguard

Bactiguard is a Swedish medtech company with a business concept of preventing
healthcare-related infections, reducing the use of antibiotics and saving lives
by developing and supplying infection prevention solutions for the healthcare
industry. The company’s patented coating prevents healthcare-associated
infections by reducing bacterial adhesion and growth on medical devices.
Bactiguard®-coated urinary catheters are market leading in the US and Japan, and
in recent years the company has developed its own product portfolio of coated
catheters for the urinary and respiratory tract and the blood stream. Bactiguard
is currently in a strong expansion phase, focused on new markets in the EU,
Middle East, Asia and South America. The company reported sales of approximately
SEK 130 million in 2013 and has 60 employees, headquarters in Stockholm and
production facilities in Sweden and Malaysia. The Bactiguard share is listed on
Nasdaq Stockholm. Read more at: www.bactiguard.se

Attachments

10032604.pdf