Bactiguard expands market presence in Southern Africa

Bactiguard establishes market presence in Southern Africa and has entered into exclusive distribution agreements, covering seven sub-Saharan countries and Bactiguard’s complete portfolio of solutions for infection control. An initial order for Foley catheters has already been shipped to Zambia.

The order is for Foley catheters, primarily intended for the University Teaching Hospital in Lusaka (UTH). Zambia, like most countries in Africa faces major challenges with healthcare associated infections (HAI), and antibiotic resistant bacteria.

“We are very pleased to enter into this partnership with Bactiguard as it enables the UTH to address issues of infection control and use of antibiotics within the hospital. Bactiguard’s know-how and high quality products will indeed be able to free hospital beds, which is a concern for us,” Dr Lackson Kasonka, hospital director at UTH, said at the signing of a letter of intent with Bactiguard last year.

Through these agreements, Bactiguard expands its business to 49 countries worldwide, and establishes a solid market presence in sub-Saharan Africa. The African countries, including South Africa, Angola, Mozambique, Zambia, Republic of Congo, Democratic Republic of Congo and Gabon, have a combined population of 190 million inhabitants and experience increasing problems with healthcare associated infections and multi-resistant bacteria, like the rest of the world.

The healthcare sector is growing in the region and the market for products within Bactiguards focus area e.g. Foley catheters, CVCs and ETTs, is currently estimated at approximately 35 MEUR. The demand is estimated to grow by at least the same rate as overall healthcare spending, at about 10 percent annually.

“Hospital acquired infection and antibiotic resistant bacteria are a huge global concern. The fact that emerging markets with major healthcare challenges and limited budgets see the value in using Bactiguard’s technology as a preventive measure is very encouraging”, says Johan Rugfelt, CEO Bactiguard.

We initiated our market activities in Africa just over a year ago and this work is now bearing fruit. We will have a strong market presence in Southern Africa and establish our business in growing economies with large populations, with special emphasis on South Africa and Zambia.

The initial order from Zambia is primarily intended for the University Teaching Hospital in Lusaka, the largest hospital in the country with more than 1,600 hospital beds. What we have achieved this far is beyond our expectations,” says Johan Rugfelt, CEO.

For further information, please contact:

Johan Rugfelt, CEO

johan.rugfelt@bactiguard.se

Switchboard: +46 8 440 58 80


Cecilia Edström, Director of Communications

cecilia.edstrom@bactiguard.se

Mobile: +46 722 262 328

Bactiguard
Bactiguard is a Swedish medtech company with a mission of preventing healthcare associated infections, reducing the use of antibiotics and saving lives by developing and supplying infection prevention solutions to the healthcare industry. The company’s patented coating prevents healthcare associated infections by reducing bacterial adhesion and growth on medical devices. Bactiguard®-coated urinary catheters are market leading in the US and Japan, and in recent years the company has developed its own product portfolio of coated catheters for the urinary and respiratory tract and the blood stream. Bactiguard is currently in a strong expansion phase, focused on new markets in the EU, Middle East, Asia and South America. The company reported  sales of approximately SEK 130 million in 2013, has 60 employees, headquarters in Stockholm and production facilities in Markaryd and Malaysia. More information is available at www.bactiguard.se

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About Us

Bactiguard is a Swedish medtech company with a global presence, offering a solution that prevents healthcare associated infections caused by medical devices. By preventing infections, we contribute to a reduced use of antibiotics and the spread of multi-resistant bacteria, which is a growing problem worldwide. We save lives, increase patient safety and significantly reduce the cost for the healthcare and society. Our technology is well-proven, safe and tissue friendly and consist of a thin layer of noble metals that prevents bacterial growth. The coating can be applied on almost all medical devices. Bactiguard-coated urinary catheters are market leading in the US and Japan and the company has also its own product portfolio consisting of foley catheters, central venous catheters and endotrachealtubes. Bactiguard is a growth company, focused on markets in Europe, Middle East, Asia and Latin America. The company has about 70 employees worldwide, mainly at the headquarters in Stockholm and the production facility in Malaysia and is listed on Nasdaq Stockholm. Read more about Bactiguard at www.bactiguard.com

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“Hospital acquired infection and antibiotic resistant bacteria are a huge global concern. The fact that emerging markets with major healthcare challenges and limited budgets see the value in using Bactiguard’s technology as a preventive measure is very encouraging.”
Johan Rugfelt, CEO Bactiguard
“We initiated our market activities in Africa just over a year ago and this work is now bearing fruit. We will have a strong market presence in Southern Africa and establish our business in growing economies with large populations, with special emphasis on South Africa and Zambia.
Johan Rugfelt, CEO Bactiguard
The initial order from Zambia is primarily intended for the University Teaching Hospital in Lusaka, the largest hospital in the country with more than 1,600 hospital beds. What we have achieved this far is beyond our expectations.”
Johan Rugfelt, CEO Bactiguard