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Synergy Healthcare

June 2007

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • SYR
  • Price:
  • 782p
Having successfully acquired Isotron since our last update note, Synergy Healthcare has unveiled plans to invest £10m in the construction of a sterilisation centre in Suzhou, China. The new unit will primarily offer a gamma irradiation service for the sterilisation of medical devices. The facility will open in H1 08 and Synergy has already secured volume commitments from a number of global medical device manufacturers. Synergy also announced it is in advanced discussions to invest £5m to establish a hospital sterilisation unit in Beijing which will focus solely on the outsourced sterilisation of medical instruments for Beijing's hospitals. Synergy said that these developments only represent the first steps of i ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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