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Futura Medical

  • BY: Andrew Hore |
  • POSTED: 27/11/2008 |

Futura Medical has gained a positive regulatory opinion about the pharmaceutical aspects of its condom that helps men to maintain a firm erection.

This means that the product is nearer to gaining the CE Mark needed to gain full approval for a medical device. The shares rose 6p to 29p each after they returned from suspension. That values Futura at £16.7m.

The CSD500 product will be manufactured and marketed by Durex. 

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