Expansion of medical firm creates new jobs

EXPANDING Microsulis Medical Ltd
EXPANDING Microsulis Medical Ltd

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A GROUNDBREAKING medical firm has expanded its home at the heart of its Hampshire village home.

Denmead-based medical device developer, Microsulis Medical Ltd has invested £250,000 in a new production and packaging facility.

The investment has meant the creation of eight new jobs and an expansion of the firm’s manufacturing capacity.

The 860sq ft controlled clean-room facilities were built during the summer at the company’s headquarters in Parklands Business Park.

Microsulis Medical specialises in a machine which uses microwave technology to treat cancer.

The process is called microwave tissue ablation. It works via a needle inserted directly into the affected organ or tissue.

The firm’s chief executive Stuart McIntyre said: ‘This new facility will allow for a substantial boost in yield to meet increased product demand around the world.

‘Not only that, we are delighted to be creating new jobs and hope to contribute more to the local economy as our microwave tissue ablation business grows.’

The firm’s expansion comes just weeks after it announced a deal with a distributor to get its life-saving equipment into more hospitals in Australia and New Zealand.

And it has also announced $15m of investment from a recent funding round, which will be used to support growing sales in Canada, South Africa, Australia and New Zealand, and expand into the Eastern Europe, Indian, Asian and South American markets.

It is hoping to exceed $50m in revenue by 2016.