Medical Sales Scheduling Firm 'Will Save Nhs Pounds 100m'

Summary

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Some of the most respected figures in the health sector and pharmaceutical industry are backing a Welsh enterprise that promises to save the NHS pounds 100m in the next five years. Mediary, based in Caerphilly, provides a service that connects GPs with relevant drug company representatives. At present, several thousand sales operatives across Britain are fighting for the attention of time- pressed doctors. The internet-based venture is designed to free up the resources of both medical practices and the pharmaceutical companies.

The business is in the process of raising pounds 2.5m-pounds 3.5m from venture capital sources. Management hope to float the business on the AIM next year.

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Medical Sales Scheduling Firm 'Will Save Nhs Pounds 100m'

Chief executive Ian Kennedy said, 'Turnover is probably not going to exceed pounds 200,000 in this financia...

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