A round-up of today's other stories in brief
Alltracel finds route to UK wound market
Alltracel Pharmaceuticals, a Dublin-based medical technology company, will link up with a new woundcare company called Omscan to introduce its M-doc open wound treatment to the UK's National Health Service.
Omscan was set up by two former Boots executives to sell M-doc products in the British professional healthcare market. Omscan will have the exclusive license for Alltracel's Seal-On brand name in the UK. The Irish company is taking a 20 per cent stake in the new business for an undisclosed sum.
The professional woundcare market in the UK is worth £100 million (€146 million).
Brazil approves AgCert farm sites
AgCert International received confirmation of regulatory approval from the Brazilian government for the company's improved animal waste management system at most of its 155 farm sites in Brazil.
The Dublin-based company said Brazil would issue eight conditional letters of approval for the farms. AgCert produces and sells reductions in greenhouse gas emissions from farms.
Man faces tax evasion charges
A man charged with submitting incorrect invoices and failing to make tax returns is pleading not guilty, Dublin District Court heard yesterday.
Derek Lennox, St Canice's Apartments, Finglas, Dublin, faces 16 counts in relation to invoicing, failing to remit VAT and failure to furnish income tax returns between October 2000 and July 2002.
Judge Hugh O'Donnell adjourned the case to February 20th.
Minco expects to find Limerick zinc
Minco said it expects to discover more than one economic zinc deposit during drilling at Pallas Green, Co Limerick, where the company runs a joint venture project with a unit of Falconbridge.
Minco, which controls 23.6 per cent of the venture, is focusing its drilling on three parts of the Pallas Green area. The metals explorer has agreed with Falconbridge to spend about €1 million on drilling the area throughout 2006.
New Dana rig starts drilling
Dana Petroleum said yesterday that the Stena Tay drilling rig is now on location in Block 1 and has commenced drilling operations on the Faucon-1 well, the first of a number of higher-risk but potentially transforming wells that Dana intends to drill on its operated Mauritanian acreage over the next few years. - (Dow Jones)
Frylite opens new plant for exports
Frylite, the Straban-based collector and reprocesser of waste oil, opened a £500,000 (€729,100) plant to help the company create new products and services and accelerate its export sales growth.
Frylite bought a 1.77-acre site at Invest Northern Ireland's Orchard Road Business Park in 2004 and moved to the site in April.
