LAZARUS CARE CHALLENGES OSTOMY APPLIANCES MARKET WITH PATIENT-CHAMPIONING DEVICE

Lazarus Care Limited, a medical technology business specialising in ostomy care and devices, today announced the conclusion of a multi-year licensing agreement with a UK healthcare and life science company, Cube Life Science Limited.

Cube Life Science will exclusively market and distribute the current Lazarus Ostomy Device and Lazarus Care solutions in the United Kingdom and mainland Europe. Lazarus Care expects the partnership to deliver orders in excess of 15k units from a growing sales pipeline over the next 18 months. The five-year contract commences in September 2020.

This would coincide with the launch of a set of new complementary products to the existing ostomy device in Q1 2021. The new product range will continue to provide real health, quality of life and health economic benefits to ostomates, in particular reducing the volume of ostomy appliances and supplies needed by an ostomy patient on a daily basis. Acting Group MD, Francois van Schalkwyk said:

"Despite the current economic climate, commercial prospects are promising and there are many indications that the ostomy appliances and supplies market is ready for change. Our products and services make an enormous difference in the quality of the lives of our users, we expect this fact to drive sales and product adoption rates in Q4."

Lazarus Care's momentum has remained unaffected by the global spread of COVID-19 as ostomates, like many, are housebound. The Lazarus device operates best when installed in the comfort of the user's home.

LAZARUS CARE MEDIA CONTACT

PR Liaison: John Patton
Contact Information:
Tel: +44 (0) 20 8938 3130
Email: info@lazarus.care

Lazarus Care Limited
1 Bromley Lane
London, BR7 6LH
United Kingdom

ABOUT LAZARUS CARE

Lazarus Care is a medtech company specialising in ostomy care devices, services and solutions. Lazarus Care is a patient-focused, innovation-driven medical technology company.

We design and develop products, services and delivery solutions to address some of the most pressing Quality of Life challenges patients with long-term ailments face. Our product design ethos uniquely concentrates on patient Dignity and Quality of Life, addressing medical conditions which are deeply private and personal to patients.
With a clear understanding of the life of an ostomate, the Lazarus Ostomy Device was designed and developed by an ostomate.

The design of the device reflects the needs, concerns and lifestyle choices ostomates have to make on a daily basis.

This release was published on openPR.