"McGrath gets his teeth into the continent" (National Press)
Posted on Fri 8th June 2007
“AN EDINBURGH-based firm that has developed a revolutionary video laryngoscope is aiming to have full European product coverage within 18 months after signing a multi-million-pound Italian distribution deal.
Aircraft Medical's handheld device, below, allows hospital staff and paramedics to intubate patients more easily without damaging teeth, tissue or vocal chords. Its inventor, Matt McGrath, put the unit into production last year after spending five years perfecting the design.
Yesterday's agreement with Viglia will provide exclusive distribution rights in Italy until 2012 and is expected to generate revenues "in excess of" 7 million (£4.8m) for the Scots firm. It follows a major US contract last summer, potentially worth up to £25m, and a smaller one covering Canada, which was signed earlier this year………….”
The Scotsman
Scott Reid, Deputy Business Editor