PriceSensitive

Allegra Orthopaedics (ASX:AMT) supplying Australian made face shields to front line workers

Health Care
ASX:AMT      MCAP $3.468M
16 April 2020 15:15 (AEST)

Allegra Orthopaedics (AMT) has started distributing Australian made and designed face shields to front line workers.

The company has already received 105,000 face shield orders and is in discussions with major hospital groups who are interested in the product.

These face shields have been approved by the Therapeutic Goods Administration (TGA).

Allegra says it is monitoring its expenditure during these challenging times. The face shields are expected to give the company some extra cash in the hand as the Federal Government suspended all elective surgeries in public and private hospitals.

CEO Jenny Swain is proud to supply Australian designed and manufactured face shields to the front line carers.

“The current demand for PPE Illustrates the need for companies to be ready to diversify during this global uncertainty surrounding COVID-19,” she said.

“I am pleased to say that Allegra has been proactive in making this happen and more importantly, we are supporting Australian manufacturing,” she added.

Allegra is down 23.1 per cent on the market today, trading for 15¢ apiece at 1:54 pm AEST.

Related News