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W.O.M. World of Medicine AG

euro adhoc: W.O.M. World of Medicine AG
WORLD OF MEDICINE signs exclusive distributor agreement for cancer diagnostic probe Gamma Finder® in USA and Canada/ Guaranteed purchasing quantities of US$ 7.6 million until 2008 (E)

Disclosure announcement transmitted by euro adhoc. The issuer is
responsible for the content of this announcement.
(Berlin, June 13, 2003)
W.O.M. WORLD OF MEDICINE AG, listed on the Prime Standard, signed an
exclusive Distributor Agreement with a California company.
The Agreement grants distribution rights regarding the FDA (Food and
Drug Administration) approved and patented Gamma Finder® device. The
Gamma Finder® is a unique, handheld and wireless probe for the
detection of cancerous lymph nodes.
The device identifies cancerous lymph nodes inside the body and
prevents the need for removal of cancer-free lymph nodes.
Our distribution partner agreed to guarantee a minimum purchase
volume of US$ 7.6 million within the next five years. The
distribution rights are limited to the USA and Canada and to breast
and skin cancer applications.
Our American partner develops, manufactures and distributes minimal
invasive devices for diagnosis of breast and skin cancer. The Gamma
Finder® device with accessories from WORLD OF MEDICINE fits
seamlessly into its existing range of products. The significant sales
experience of the distributor in the particular fields of application
allows even faster access for WORLD OF MEDICINE to the US-market.
WORLD OF MEDICINE is investigating further applications for the Gamma
Finder® device in the human body.
W.O.M. WORLD OF MEDICINE AG
The Management Board
end of announcement        euro adhoc 13.06.2003

Contact:

Branche: Pharmaceuticals
ISIN: DE0006637390
WKN: 663739
Index: Prime Standard
Börsen: Frankfurter Wertpapierbörse / regulated dealing
Niedersächsische Börse zu Hannover / free trade
Berliner Wertpapierbörse / free trade
Bayerische Börse / free trade
Hamburger Wertpapierbörse / free trade
Bremer Wertpapierbörse (BWB) / free trade
Börse Düsseldorf / free trade
Baden-Württembergische Wertpapierbörse / free trade

Plus de actualités: W.O.M. World of Medicine AG
Plus de actualités: W.O.M. World of Medicine AG