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Solid first half paves way for AMS' growth

This article was originally published in Clinica

Executive Summary

Woundcare specialist Advanced Medical Solutions (AMS) has posted its first ever profitable half-year results, after revenues of £7.9m ($15.9m) - a 22% increase on the same period the previous year - contributed to an overall pre-tax profit of £0.7m. The Cheshire, UK-based firm highlighted four key events as the main drivers behind the positive financial figures: the continued growth of its silver alginate business, the doubling of NHS trusts using its ActivHeal technology to more than 80, the successful US launch of its surgical skin sealant product, and the progression of its LiquiBand tissue adhesive towards US regulatory approval.

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