Westhouse Medical Services Plc Enters into Negotiations to Acquire Majority Control of Sunridge International (OTCBB-SNDZ) to Expand into the US Market
Westhouse Medical Services Plc (Symbol: 5WM - Frankfurt) has entered into negotiations with management to acquire majority control of US listed Sunridge International (OTCBB - SNDZ).
- (1888PressRelease) March 08, 2012 - Frankfurt, Germany - Westhouse Medical Services Plc (Symbol: 5WM - Frankfurt) has entered into negotiations with management to acquire majority control of US listed Sunridge International (OTCBB - SNDZ). This is in line with the Company's expansion plans and would allow access to the US markets for the Company's patented and FDA approved product. BreastCheck™ is a breast cancer screening product that produces simple empirical results that can be compiled by anyone without any training, including administrative support staff or even the patient herself.
The acquisition would allow access to the wholly owned subsidiary Ophthalmic International, Inc. based near Scottsdale, Arizona. The company was formed to develop and commercialize a procedure named Pneumatic Trabeculoplasty (PNT). PNT is the only non-invasive, non-surgical, non-pharmaceutical approach that has been clinically demonstrated to reduce elevated intra-ocular pressure (IOP) in patients with Primary Open Angle Glaucoma (POAG) and Ocular Hypertension (OH).
A spokesman for Westhouse stated, that with this acquisition and the addition of the patented procedures and products from Ophthalmic International, Inc., Westhouse will become an international healthcare delivery company.
About Westhouse Medical Services PLC (FRANKFURT - SYMBOL - 5WM)
Westhouse Medical Services Plc is a specialist group of companies creating value for investors, service providers and patients by delivering step changes in the effectiveness and quality of primary healthcare delivery.
Westhouse consists of two divisions: Medical Services and Medical Devices. Westhouse has a deep knowledge of identifying and commercialising break-through medical technologies and improving the performance of medical service businesses.
Westhouse Medical Services Plc
Cabin 1, Office 29, Regus House
Victory Way, Admirals Park, Dartford
Kent, DA2 6QD United Kingdom
T: +44 (0) 1322 305087 info ( @ ) westhousemedical dot com www dot westhousemedical dot com
DISCLAIMER
Certain of the above statements made, may contain forward looking projections which involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements.
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