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Futura Medical Plc chief on results and upcoming product launches

James Barder, chief executive of Futura Medical Plc (LON:FUM) says 2015 was a “very active year” for the company, with one clinical trial completed and another to be finished in the near future.

Spending is typically around £2.5mln, Barder says, but the company has roughly doubled that, due to the investment into the clinical trials.

He expects to begin the roll-out of several products over the coming year, and adds that he is “delighted to announce that one of our key distributors have already placed an order [for its CSD500 condom], and manufacturing production will start very shortly on that”.

Other product launches are expected throughout the year, and the firm is working with other distributors, with Barder expecting to announce “at least one new deal this year.”

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