Shares digital

Advanced Medical Solutions (AMS:AIM) – Finals PTP: £1.9m (£0.6m) Divi: n/a (n/a)

The former Play of the Week (Shares 13 Sept ‘07) is looking on top form. Its shares have more than doubled in the past year to 29.5p, while its advanced wound care business and wound closure and sealants division have grown 12% and 41% respectively. AMS continues to prosper from its silver alginate business, with additional products being launched last year, while its ActivHeal product range is now being used in more than 100 NHS Trusts, providing significant savings in wound care budgets.

Following the US launch of surgical skin sealant by Kimberley-Clark a year ago, the product is now available in most international markets. AMS’ LiquiBand tissue adhesive range is also making good headway, with FDA approval expected this year, opening up exciting opportunities in the key US market. House broker Landsbanki has slapped a 33p target price on the stock.

Shares says: Positive progress which should continue this year.

by: Rachel Robson