TRISTEL plc
("Tristel", the "Company", or the
"Group")
UK and EU regulatory approval update for
surface disinfection system
Sustainable alternative to commonly used
pre-wetted plastic wipes to become available in
Europe
Tristel plc (AIM: TSTL), the manufacturer of
infection prevention products utilising proprietary chlorine
dioxide technology, announces that all reviews under the Medical
Devices Regulation 2002 ("UK MDR") and the European Union Medical
Device Regulation 2017/745 ("EU MDR") for approval of the Company's
TANK ClO₂ Sporicidal Disinfectant system have been successfully
concluded and a positive recommendation for UKCA and MDR
certification has been made.
The TANK system and accompanying capsules
are the newest additions to the Cache range, which provides
sporicidal surface disinfection in a format which is a
sustainable alternative to commonly used pre-wetted plastic
wipes.
Following MDR approvals Tristel will be able to
accelerate sales activity for this product throughout Europe and
across geographies that recognise the high standard of safety and
quality demonstrated by products conforming to the new EU MDR. The
Directors believe that approval, will give Tristel the opportunity
to deliver significant growth in sales of the Cache product range
going forward, targeting a largely untapped sporicidal surface
disinfection market. The Company expects to officially launch these
latest products in Europe before the current financial year end on
30 June 2024.
For the year ended 30 June 2023 revenues from
the Cache range totalled £3.3m, representing 9.2% of total annual
turnover.
About
TANK ClO₂ Sporicidal Disinfectant and the Cache
range (https://thecachecollection.com)
TANK ClO₂ Sporicidal Disinfectant is
a storage and distribution system powered by ClO₂ sporicidal
disinfectant capsules. One TANK ClO₂ Sporicidal Disinfectant
capsule makes 10 litres of sporicidal solution, which is the same
as 2,000 sporicidal wipes wetted with 5ml of liquid. Rather than
relying on convenience products that do harm once they are disposed
of, TANK uses plastic thoughtfully. The core components are
reusable, and all the plastic items within the system are
recyclable. Users can apply
TANK ClO₂ Sporicidal Disinfectant working solution with a Doser,
Foamer or Sprayer, and reduce plastic waste by pairing TANK working
solution with any dry wipe.
The TANK ClO₂ Sporicidal
Disinfectant system
The broader Cache product
range for sporicidal surface
disinfection
For further information on the TANK ClO₂ Sporicidal Disinfectant system please view the
product brochure here:
https://thecachecollection.com/wp-content/uploads/2021/09/Mkt-Bro-1508-6-TANK-ClO2-Sporicidal-Brochure-EN.pdf
Paul Swinney,
CEO of Tristel, commented: "Whilst
our Cache product range is intended for environmental surfaces,
many of the surfaces in a hospital setting are considered medical
devices and so it is key for any disinfection products to comply
with the new EU Medical Device Regulation. It is a very significant
achievement to have concluded all reviews successfully and we
expect to receive our recommendation for certification from our
Notified Body very shortly. Conformity with MDR will allow us to
apply CE marking to these new products and gives us the opportunity
to deliver significant growth in sales of the Cache product range
going forward."
For
further information please contact:
Tristel plc
|
Tel: 01638 721
500
|
Paul Swinney, Chief Executive
Officer
|
www.investors.tristel.com
|
Liz Dixon, Chief Financial
Officer
|
|
|
|
Walbrook PR Ltd
|
Tel: 020 7933 8780
or tristel@walbrookpr.com
|
Paul McManus
|
Mob: 07980
541 893
|
Charlotte Edgar
|
Mob: 07884 664 686
|
|
|
Cavendish Capital Markets Ltd
|
Tel: 020 7220
0500
|
Geoff Nash / Charlie Beeson
(Corporate Finance)
|
|
Sunila de Silva (ECM)
|
|
About Tristel
plc
Tristel plc is a global infection
prevention company focussed on the manufacture and supply of
products using its unique proprietary chlorine dioxide
(ClO2) chemistry. The Company is a market leader
in manual decontamination of medical devices, supplying
hospitals under the Tristel brand, and under the Cache brand
provides products for sporicidal surface disinfection, in a format
which is a sustainable alternative to commonly used pre-wetted
plastic wipes.
Tristel's head office and manufacturing
facility is located in Snailwell, near Cambridge, and operates
globally employing approximately 250 people across 14 subsidiaries
selling into 40 countries.
The Company has been listed on the London Stock
Exchange's AIM market since 2005 (AIM: TSTL).
For more information about Tristel's product
range please visit: https://tristel.com