21 June 2006
Comment on Press Speculation
Futura Medical plc (AIM: FUM), the pharmaceutical drug and medical device group that develops innovative products for sexual health, confirms that, further to recent press speculation, it has been advised by the major pharmaceutical group that the formal approval process is in its final stage, as announced on 9 May 2006. The Company is also exploring the possibility of undertaking a small cash placing and is in consultation with its advisors but no decision has yet been taken. Shareholders will be kept informed of all material developments.