Posted on 06/04/2010 in Medical Company Financials Corin Group has highlighted the success of its growth strategies in its new financial report for 2009, during which it experienced a two per cent increase in overall sales.
The medical device company's group sales rose from 39.8 million pounds in 2008 to 40.8 million pounds this year, although this represented a ten per cent decline on a constant currency basis.
It attributed its annual improvement to strong sales performances in regions such as Japan and Australia, as well as the successful launch of its MiniHip cementless short-stem hip system.
The company described this performance as representing "good progress" in its strategy to sustain growth through the expansion of its knee and hip product portfolio.
It added: "We anticipate that progress from the revised strategy should become evident as 2010 progresses."
The company has also recently launched the Trinity advanced bearing acetabular system, which it has described as the "gold standard in continuum of care for hip replacement".Other news stories from 06/04/2010
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