• Invacare – Market Report — In Play (IVC): Briefing.com Business News – MSN Money – http://goo.gl/5BwO #
• RT @DiabetesMine: New rprt: Casey Johnson's death WAS #diabetes-related http://bit.ly/bD8eyU http://myloc.me/3v0js #
• Disability Advocates Accept Rahm Emanuel's Apology For 'Retarded' Comment – http://goo.gl/WGfM – (Good – but…) #
• BBC News – Vegetative state patients can respond to questions – http://goo.gl/KnVD – (see functional MRI) #
• Medical schools not responding to ghostwriting scandals – http://goo.gl/VmXi – Really hard to believe. Inviting more unwelcome regulation. #
• NHS going private, USA going public? What next? Politicians need to rethink the role of the private sector in the NHS – http://goo.gl/G5qJ #
• Make sure to share this with your ad agency when next you are negotiating your annual terms – http://goo.gl/IHEu #

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PRESS RELEASE

Robert MacPherson has recently joined Pan Globus as UK Managing Director. Robert has worked within the medical device industry since 1979 and has held several positions in major companies involving international sales and marketing. He graduated in nursing from Forth Valley College of nursing and later studied Strategic Marketing and Planning at Harvard Business School. Robert spent several years working for Becton Dickinson and followed this with senior management roles at Spacelab’s, Intertech Resources and Smiths Medical.

Since 1995 he has been the Managing Director of Connect Medical Resources Ltd. a specialist recruitment firm serving the medical device industry. Robert has worked extensively in strategic planning and the management of acquisitions. He is a partner in CMC a German based healthcare consultancy firm. Now based in Oxfordshire he has extensive knowledge of the International healthcare industry.

Commenting on his appointment he stated “This is a most exciting time to join Pan Globus. We have a unique product offering to help companies build their international business and drive the adoption of new and innovative medical devices. Our ability to not only identify the best distributors for our clients, but to also provide clinical support for the customer means that sales can be developed as quickly as possible. This service will generate vital revenues for emerging device businesses. We can offer a truly comprehensive service which covers sales, support, recruitment and regulatory advice”

Pan Globus is an International Business Management company specializing in assisting healthcare start ups and small to mid size enterprises leverage their international sales opportunities within medical device, pharmaceutical, diagnostics, equipment and disposables market areas. Sales and in field clinical support are provided with a multi-national team of experienced managers along with established distribution networks in Europe, Russia/CIS, Canada, Latin America, the Middle East, Asia and India. Pan Globus Limited is a UK-registered company and direct subsidiary of Pan Globus FZC, a Dubai-based registered company.
For more information visit www.panglobus.com or contact p.welsh@panglobus.com

Press Release:

Handicare takes the next step to success

2 February 2010 – Midlands based Stairlift manufacturer Minivator has signed a deal to become the latest member of the family of companies in the Norwegian based Handicare, subject to regulatory approval.

Previously owned by its Directors and Gresham PE, Minivator Group has had an exceptional growth record, indeed it continued to experience double digit growth throughout the testing economic climate of recent years. With a core product range of stairlifts Minivator has expanded its presence establishing operations in North America and Germany and have recently started its own manufacturing base in the Far East. It has seen expansion within the UK having taken on new premises at least four times in the last three years.

As one of the world’s leading manufacturers of stairlifts with a turnover of approx. 55 million Euro, and 420 employees selling to over 35 countries the Minivator Group was a desirable prospect for many companies. The board were in no rush to sell, choosing instead to spend time finding the perfect partner to move forward with. They found such a match with the Handicare Group. Minivator CEO Mike Lord commented “We were looking for a buyer who not only made sound business sense but who was also a great fit with the culture and values that Minivator holds at its core. We are delighted with the deal and are looking forward to seeing what the future holds. We believe exciting times are ahead and being part of a larger and well established group that holds similar ethical beliefs will open up many opportunities that will be mutually beneficial and rewarding.”

The healthcare company Handicare AS, owned by Herkules Private Equity Fund1, was founded in 1986 and has operations in technical aids like wheelchairs and home care products in addition to adaptation of cars for elderly and physically disabled people. Through its subsidiary Puls, the Group also has a leading position in Norway in the sales of capital goods and consumables to hospitals and institutions. Handicare has its headquarters in Moss, Norway, and has subsidiaries in Sweden, Denmark, Germany, the Netherlands, England, Belgium, Poland, USA and Canada, and distribute its own products to an additional 30 markets. Handicare has just shy of 1000 employees and reached sales over 250 million Euro in 2009.

Handicare CEO Per Gunnar Borhaug explained “Handicare has grown both organically and through the acquisition of successful companies that had the same drive as Handicare: the desire to provide excellent products and services that help improve the quality of life for the less able, the elderly and those who care for them. Having identified Minivator Group as a financially promising acquisition target we were delighted to find that they had the kind of culture that would fit right in with Handicare’s other companies.”

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For further information concerning this press release please contact:

Per Gunnar Borhaug, CEO Handicare, +47 69 24 44 28

Mike Lord, CEO Minivator, +44 (0) 1384 40 87 00

[1] Herkules Private Equity Fund 1 is an investment fund with Euro 250 million in capital from 25 Norwegian and international investors. Herkules Capital has in total 1,4 bill Euro under its administration. HPEF has a financial strength which enables them to take a dominant position of ownership in well-established companies with a potential for further growth. Herkules acquired Handicare in July 2005 and has during the latest three years tripled the size of Handicare and is aiming for further growth.

More about Handicare over time on this blog

• I'm attending "ELMOTO auf der ISPO" https://www.xing.com/events/elmoto-ispo-459921 -in Munich #
• Dynamic Controls unveils integrated iPhone app for wheelchair controls — Engadget – http://goo.gl/X44s – GREAT invention #
• Looks so contrived unfortunately – American Association For Homecare: Access To Mobility – http://goo.gl/afGQ #
• RT @hmeliz: "Wheelchair mobility at the tip of the tongue" #hmenews. http://www.hmenews.com/blogwm/?p=603 (great new technology) #
• Healthcare-Associated Infection: Not on My Watch – Kimberly-Clark Health Care – http://goo.gl/Rb9l #
• (In French – Wheelchairs run on hydrogen – cover greater much better distances) Hacavie ! – Fauteuil à l’hydrogène – http://goo.gl/f3ip – #
• Obama Embarks on Listening Tour in Ohio – WSJ.com – http://goo.gl/4xFH #

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• Invacare Connects – Mixon Talks Healthcare Reform and Invacare – http://goo.gl/jqA9 #
• RT @aahomecare: CMS update on PECOS: CMS added NPI numbers to 220 doc records. Reminder-add legal name and fill ou (cont) http://tl.gd/4h0gp #
• RT @Health_Affairs: Blog: An Inconvenient Truth: The Health Care Cost Curve Is Already Bent http://ow.ly/1njpJy http://myloc.me/33nqW #
• Hacavie ! Le Blog » Blog Archive » Scolarisation des enfants handicapés – http://goo.gl/fQ0u (In French) #
• Testing ubertwitter http://myloc.me/2YjyQ #
• Arab Health Congress – You going? – http://goo.gl/tmpu #

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• view inside a field surgical suite in haiti. operations in a … on Twitpic – http://goo.gl/iWai #
• Obama in Ohio – Home Health Care – YouTube – WHtoMainStLorain's Channel – http://goo.gl/gSo8 #
• China Pharma 20 billion – meeting – http://goo.gl/Gubf #
• Germany's economy shrank 5% in 2009 – MarketWatch – http://goo.gl/ZNkP, (and new healthcare law to be expected) #
• (We make med devices better/less expensive now, elsewhere) Google threat a rare show of defiance in China – Yahoo! News – http://goo.gl/Zwwd #
• From absurdity to reality? Medical device tax jolts Invacare CEO Malachi Mixon : MedCity News – http://goo.gl/2Lm1 – tax profits not sales #
• OIG: 60% of wheelchair claims no good – HME News – http://goo.gl/FmZM #
• Boston Scientific shares fall on stent study | Reuters – http://goo.gl/4wxa. Stent war continues. Abbott-1 Boston-0 #
• China overtakes Germany as biggest exporter – Yahoo! News – http://goo.gl/AS2N – This is the end… #

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As we kick ourselves free of the snow and other “inconveniences” we prepare for a “Summertime – and the living is easy… ”