Sunday, February 19, 2006

Comvita Deal May Mean More Jobs

By Stephen Ward, The Dominion Post (New Zealand), 2/16/2006

MORE jobs may be possible in the long term at Comvita's Cambridge factory after the company signed a deal with US wound care products manufacturer and supplier Derma Sciences.

The exclusive licensing deal covers the use of Comvita's medical-grade manuka honey-based wound care products, which are based on research by Waikato University's Peter Molan.

Comvita chief executive Brett Hewlett said it was hard to predict how quickly sales would take off as a result of the deal. The company's experience in Britain was that overseas markets were slow to take on new products.
But the deal with Derma gave Comvita an important foothold in American markets, he said. . .

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