Concepta marks first myLotus shipment into China

08:37 EDT 23 Aug 2017 | Proactive Investors

Concepta Plc (LON:CPT) told investors that it has now made its first shipment of its myLotus fertility products into China. The company, in a stock market statement, said that the first part of a £225,000 order (announced in mid-June) has now been shipped and it expects to make further shipments to fulfil the order over the coming weeks. It highlighted that as part of the shipment process it has scaled up production of fertility test strips, at the company’s UK manufacturing base in Befordshire, and as a result the lead time per shipment has been reduced by two weeks. "We are pleased to have made our first shipment of test strips to China, and particularly pleased to have done so with such a quick turnaround time, testament to the quality of operations at our UK laboratory,” said chief executive Erik Henau. He added: “We have been working hard behind the scenes to engage our raw material suppliers to receive stocks within quoted lead times. “In parallel there is particular attention to the application of our Quality System and its stringent quality assurance standards.   “We continue to work closely with our Chinese partners to assemble the approved products prior to our launch of products into hospitals in China. “We look forward to keeping our shareholders informed on our progress in China with regular announcements over the coming months." As the group focusses on growth in China, it has also now appointed Zhang Zhi Gang as its new Head of China Operations. Zhang was a founder of Concepta Diagnostics Limited and led the way in developing key contacts in China for manufacturing and distribution, the company highlighted. She is presently managing the hospital evaluation process for Concepta to support the use of myLotus products for early pregnancy monitoring.

Original Article: Concepta marks first myLotus shipment into China


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