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NMT chooses Indian contract needle company:

This article was originally published in Clinica

Executive Summary

NMT Group, a UK development-stage retractable sharps manufacturer which has been beset with manufacturing problems, has signed a three-year deal with Eastern Medikit to manufacture NMT's complete range of safety IV catheters. NMT says that the decision to outsource with Eastern "heralds the establishment of an important new partnership". At the same time, NMT announced it had secured its first orders from UK and Irish distributors for its safety syringe. NMT's increasing losses last year forced a refinancing round and management changes (see Clinica No 914, p 11).

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