International Advanced Healing Group to Seek Alternative Expansion Funding
International Advanced Healing Group has confirmed it is looking to secure alternative financing to support a concerted expansion in the Asia-Pacific region.
- (1888PressRelease) June 19, 2014 - IAHG [International Advanced Healing Group, Ltd.], the Singapore-based healing management technology group, has confirmed that it is interested in securing alternative funding to support fresh expansion within the Asia-Pacific region.
After an extremely eventful 2013 in which IAHG succeeded in increasing the size of its salesforce, and teaming its wholly-owned US subsidiary, AHI (Advanced Health Institute, Inc.) with US-based Medistar in a joint venture agreement to drive sales of AHI's proprietary TruHeal suite of wound care products in selected regions including Mexico, the company is hoping to capitalize on the highly-encouraging potential for its proprietary HOOP wound management software product.
The company says that it is not yet prepared to place a figure on the sum it wants to raise but Peter Schilling, at International Advanced Healing Group said, "The growth of the salesforce and the increase in chronic illnesses like diabetes within the burgeoning middle classes in the Asia Pacific region has increased interest and transformed activity around the HOOP-software as intended. The company wishes to add additional functionality and build in further compatibility with more hospital and clinical systems in an effort to increase sales."
IAHG says that neither the confirmation of intent to seek further expansion funding, nor the recent granting of the company's ISIN (International Securities Identification Number) should be construed as a prelude to a share offering.
"We have to announce and publish these caveats in order to nip rumors of an impending IPO firmly in the bud since existing private backers are given first refusal on any stock issuance " Mr. Schilling added.
International Advanced Healing Group, Ltd. is a registered corporation with offices in Singapore. ISIN #SC8647CDEJ18.
About International Advanced Healing Group, Ltd.
International Advanced Healing Group is a multinational company that has developed a trainable, repeatable, scalable system and protocol that is applicable across all types of wound care. Through their research and development IAHG has become the leader of information, technology and outcomes in the wound care field. No other area of health care has taken the time to collect the data that we have, data that drives the decision mechanism this system provides.
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