Medivac (MDV)

Shares / Stock Code

MDV

Stock Exchange / Sharemarket

Australian Securities Exchange

Medivac (MDV) is an Australian health care equipment and services company in the business of supplying patented clinical and sharps waste sterilisation technology, associated consumables and in house clinical education modules to health and aged care; along with commercialising other aligned, innovative technologies and forming strategic alliances to develop complementary business units in the global health and aged care market.

Medi Vac was incorporated in 1997 to commercialise patented technology developed by its founder, Mark Butler for the treatment of biological waste. The company has received government grants amounting to $350,000. In June 2003 it entered into an R&D Start Loan agreement with the government under which it may borrow approx. $900,000 to fund activities. MDV listed on the Australian sharemarket (ASX) on 12 November, 1993.

Medivac differentiates itself by developing and commercialising core patented technology and other innovative technologies in healthcare, forming strategic alliances and joint ventures to develop business units towards the outsourcing of non core medical services in healthcare. The MetaMizer has initaited a medical equipment breakthrough. It steralizes & garnulates clinical & sharps waste converting it into unrecognisable material that can be safely disposed of.

Medivac's major customers include private and public hospitals, general public, GPs and other health professionals. Major competitors are various medical safety manufacturers such as Safemate and Welcon, bioMD (BOD) and ORT Limited (ORT).

Medivac (MDV) Products and Services

  • Developing and commercialising on-site, clinical waste conversion technology.

Medivac (MDV) Locations and Subsidiaries

Medivac Head Office
Unit 8,, Lot 1B Kleins Road, NORTHMEAD,
NSW, AUSTRALIA, 2152
Phone: (02) 9630 0633
Fax: (02) 9630 0533

Medivac (MDV) Share Price

Submitted by ASX Listed Company on 13 May, 2010 - 16:03

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