Medisafe 1 Technologies Corp. (OTCBB: MFTH), a developer of patented technologies that physically prevent unauthorized administration of prescription medications, announced today that the company’s exhibition of its barcoded syringe locking device generated overwhelming interest at the annual Medica 2010 Conference in Dusseldorf Germany, held November 16-19.
A poll of companies that viewed Medisafe 1’s demonstration, including manufactures and distributors of syringes and related technologies, revealed significant interest in the syringe, producing the locking device under license, or marketing the device.
The Medica Conference was the second such large medical conference that Medisafe 1 participated in during the month of November.
Medica is the world’s largest annual exhibition in the medical sector, with over 135,000 participants and 4,000 exhibitors arriving from over 100 nations.
“The initial results of the Medica conference are overwhelmingly positive,” said, Jacob Elhadad, CEO of Medisafe 1 Technologies. “The interest displayed in our technology has the potential to open up new business development channels in North America, Europe and Australia.”
Source : Medisafe 1 Technologies Corp.