Medical Australia Limited

Medical Australia Limited

Medical Australia Limited (formerly BMDi TUTA Healthcare Pty Ltd) is an Australian listed company (ASX:MLA) located in North Sydney, Australia. MLA’s brands are: TUTA, TUTA Vet, BMDi TUTA Healthcare Pty Ltd and Clements Medical Equipment. Medical Australia directly employs 27 people. In addition, the company subcontracts many of its operational functions including distribution and manufacture, which creates indirect relationships with hundreds of outsourced workers, worldwide.

Medical Australia manufactures and distributes a range of medical devices and consumables for human and animal healthcare markets - over 140 medical device products to international and domestic customer base of public and private hospitals, critical care services which includes: Burettes Sets, Extension Sets, Intravenous Sets, Irrigation Sets, Transfusion Sets, TUTA Hand Pump Set.


Two sales channels:

  • Local sales network and 22 distributors worldwide


OEM includes: Medivet, Terumo Corporation, CareFusion, Haemonetics, Fresenius Kabi


Contents

Recent achievements

• JULY 2011 – MLA secures supply agreement with Concord Repatriation General Hospital with Analytica product

• JUNE 2011 – MLA secures master distributorship for Medivet UK

• MAY 2011 – MLA secures supply agreement with NSW Ambulance

• MAY 2011 - MLA secures contract to supply needle cutters to UNICEF

• APRIL 2011 - MLA secures agreement to supply IV consumable products to Australia largest hospital operator, Healthscope

• MARCH 2011 - MLA signs new distribution agreement with global blood processing technology company, Haemonetics

• FEBRUARY 2011 – MLA reports maiden NPAT, positive cash flow and continuing growth

• JANUARY 2011 - MLA delivers 18% increase in half year revenue to $4.6 million – all organic

• JANUARY 2011 - MLA signs OEM with global healthcare company Pharmatel Fresenius Kabi [1]

History

TUTA Products, as it was originally known, was established in the entrepreneurial years following World War II by Bruce Rose, a former RAAF pilot. The first TUTA products were essentially novelties which included cheap plastic sporting and leisure items – even ships in bottles. It was during World War II hostilities that Perspex was invented as one of the first ‘plastics’. This became an important military commodity. Rose had first- hand experience of Perspex and was quick to see that there was a future in plastics. He was open to other ways his company’s knowledge of this new field could be exploited.

Up until that time, almost everything in medicine was re-usable and laboratory equipment was no exception, despite the obvious biological hazards of re-use.

Rose initially developed a plastic Petri dish that was successful and opened the door for TUTA to the world of medicine. He then engaged the services of Len Wisdom, a microbiologist at the University of Melbourne and also a former RAAF pilot, and the company pioneered the development of plastic blood collection and transfusion sets at the request of the Red Cross Blood Transfusion Service, forging strong professional relationships with anaesthetists and haematologists, the legacy of which still remains today.[2]


BMDI Limited

BMDi Limited was an Australian company formed in 2001 to speacialise in the development of products designed to reduce needle stick injuries with a focus on safety injection, collection and needle destruction devices. BMDi offered health communities and workplaces throughout the world a safer, more cost effective way to solve unsafe injection or disposal practices.


Business Segments

TUTA Healthcare is an Australian owned company engaged in the development, manufacture and distribution of quality medical devices and equipment, with expertise in sterile and non-sterile medical plastics for use in surgery and transfusion. With a history spanning more than 60 years, TUTA main focus is on innovation and design. TUTA has the ability to custom design products to quickly adapt and meet the needs of surgeons.


BMDi TUTA Healthcare Pty Ltd manufactures for an international customer base, encompassing public and private hospitals, defence forces, non-government and government aid organisations, and other critical care services, in addition to the manufacture of OEM products to other suppliers of medical devices.


TUTA Vet is the veterinary brand of TUTA for manufacturing and supplying high quality IV products and accessories to the animal healthcare market. Under the stewardship of Medical Australia, TUTA Vet is expanding its product portfolio with a range of new products currently in development to meet the specific needs of the veterinary industry. Products have been developed in consultation with veterinary customers for use in the small and large animal markets.


CLEMENTS MEDICAL EQUIPMENT With a history spanning more than 100 years, Clements Medical Equipment specialises in the design, manufacture and distribution of medical suction, oxygen and laboratory equipment. Clements Medical Equipment is one of only a small band of Australian manufacturing companies whose international business well exceeds their domestic business.[3]


References

  1. ^ "Error: no |title= specified when using {{Cite web}}". http://www.proactiveinvestors.com.au/companies/news/2993/bmdi-tuta-to-change-name-to-medical-australia-limited-2993.html. 
  2. ^ "Error: no |title= specified when using {{Cite web}}". http://www.tuta.com.au/IRM/content/about_ourheritage.html. 
  3. ^ "Error: no |title= specified when using {{Cite web}}". http://www.medaust.com/IRM/content/invest_faqs.html. 

1. Proactive Investors

2. TUTA website

3. Medical Australia website

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