Over the years, Ellex has evolved from a small scientific laser company to a global leader in ophthalmic laser technology. Our steady expansion includes local sales and service support offices in North America, Japan, Europe and Australia and a network of distribution partners in more than 100 countries.
2 February 2017
Adelaide, Australia, 2 February 2017 – Ellex Medical Lasers Limited (ASX:ELX), a global leader in medical devices for the diagnosis and treatment of eye disease, today announced that its sales revenue for the six months ended 31 December 2016 will be similar to the prior corresponding period (PCP). The primary cause of the lack of sales growth during the last half year period was the shift of management focus to the establishment of Ellex’s new manufacturing facility at Mawson Lakes, Adelaide at the expense of meeting production challenges resulting in production capacity limitations and a consequent inability to deliver core Laser and Ultrasound product against targets. This resulted in a significant customer order backlog as at 31 December 2016, which we expect to deliver against in the half year ending 30 June 2017 as production at Mawson Lakes ramps up. The iTrack product, which is manufactured at Ellex’s Fremont California facility, was unaffected and iTrack sales increased signif
15 December 2016
Adelaide, Australia, 15 December 2016 – Ellex Medical Lasers Limited (ASX: ELX), a global leader in medical devices for the diagnosis and treatment of eye disease, today announced that clinical training of physicians in China in the use of the Ellex iTrack™ minimally invasive glaucoma surgery (MIGS) device has commenced. The Ellex iTrack™ is the only MIGS device in the world currently approved by the Chinese medical device regulatory authority for sale in China. First clinical training in ABiC with Ellex iTrack™ This is the first program of clinical training of physicians in the ab interno canaloplasty (ABiC) technique. This program is being conducted at leading hospitals and teaching institutions in Shanghai and Beijing during 12-17 December 2016. “To date, sales in China have been limited because only the more complex ab externo canaloplasty surgery technique has been marketed. Like it has in the USA, our program in China to relaunch Ellex iTrack for the simpler, faster ABiC techniqu
1 December 2016
Adelaide, Australia, 1 December 2016 – Ellex Medical Lasers Limited (ASX:ELX), a global leader in medical devices for the diagnosis and treatment of eye disease, today announced the that it has raised $10.3m in a placement of shares with Australia and New Zealand investors. These funds will be used as follows: Accelerate sales growth of Ellex iTrack with the development of US-headquartered minimally invasive glaucoma surgery device (MIGS) business focussed on growth the USA and China. In the USA this will include building a sales force of at least 15 people over the next 6 to 9 months up from 6 at the moment. Further the pipeline of products associated with the iTrack to underpin its role as an emerging leader in the MIGS device market. Increase surgeon engagement, through clinical training and key opinion leader development across the Ellex laser, ultrasound, 2RT and iTrack product ranges to advance sales. Commenting on the funding Ellex CEO Mr Tom Spurling stated “Ellex iTrack is a l
Annual Report 2016
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