![]() ![]() John Sharman: The advantages of the new process that we’ve invented together with the CSIRO are that we, as a manufacturing outfit here in Springvale, can upscale our output by a factor of ten and have very significant cost reductions at the same time. has been to develop a better process, a process that can deliver a better quality product at a lower cost and a process that can deal with the needs of their growing market opportunity. John Tsanaktsidis: So the objective with this new interaction with M.D.I. We’ve been making it here for the last 15 years and together with the CSIRO over the last two and half three years we’ve invested almost $2 million on inventing a new way to manufacture Penthrox which will make us competitive on the world stage. ![]() ![]() The reality of an approval in Europe and elsewhere in the world means that Penthrox can fit a very significant market need in terms of getting people out of pain, getting them the proper treatment that they need without them having to take a narcotic on board. they’ll be able to use Penthrox.Īpproval in Europe for Penthrox really opens up the first global market for us in our history. If someone presents with trauma to a G.P. We’re used in the surf life saving arena. It is an inhaled analgesic which takes the pain away from people in trauma and we are frontline in ambulance. We make and distribute a drug called Penthrox which is our flagship product. John Sharman: Medical Developments is a listed public company. Together, we came up with a smart, efficient manufacturing process that significantly reduces the cost of producing Methoxyflurane while providing a more consistent result. In a technology deal, we invested $750,000 in order to significantly reduce the cost of producing Penthrox and facilitate large-scale production. Having developed the initial production process for Penthrox together, we've now vastly improved it. We have been working with MDI for more than 18 years. Our response Reducing costs and upscaling production With plans to export overseas, MDI needed a smarter, more efficient and cost-effective way to manufacture Methoxyflurane. It's non-addictive and simple to administer, making it an excellent choice for situations where fast-acting and uncomplicated relief is needed. Penthrox is an analgesic used by medical practitioners, the defence forces, ambulance paramedics, sports clubs and surf lifesavers to administer emergency pain relief. The pain-relieving drug Penthrox™ (commonly known as the green whistle). ![]()
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