Shares in Tristel PLC (AIM:TSTL) scrubbed up well after its TANK sporicidal disinfectant system received positive recommendations for both UK and EU medical device certification, which it expects before its June year end.
Regulatory reviews have been successfully concluded for both regimes for the TANK system and accompanying capsules for the company's Cache range, which provides sporicidal surface disinfection in a format which is a sustainable alternative to commonly used pre-wetted plastic wipes.
Once approvals are finalised, Tristel said it will be able to accelerate sales activity for the product, with the board believing this will give it "the opportunity to deliver significant growth in sales of the Cache product range going forward", viewing the sporicidal surface disinfection market as "largely untapped".
Cache sales totalled £3.3 million in the past financial year, representing 9.2% of total annual turnover.
The shares rose 8% higher to 489.8p in the first hour of trading.