TIDMTYR TIDMTYRU

RNS Number : 6722D

TyraTech, Inc.

02 February 2015

TyraTech, Inc.

("TyraTech" or the "Company")

Vamousse(R) head lice protection shampoo coming to Walmart stores in the USA

Vamousse(R) head lice products distributed by Cardinal Health in the USA

TyraTech, Inc. (AIM: TYR and TYRU), a life sciences company focused on nature-derived insect and parasite control products, is pleased to announce that its Vamousse head lice Protection Shampoo will be available at Walmart stores nationwide in the USA from April 2015 and that its Vamousse head lice products are now distributed by Cardinal Health, the third biggest distributor of pharmaceutical products in the USA.

This new listing for Vamousse Protection Shampoo at Walmart comes a year after the successful launch of the Vamousse Treatment product in Walmart stores in the USA. Vamousse head lice Protection Shampoo has been specifically designed to eliminate any stray lice on the head before a full infestation can take hold, which typically takes 2 to 4 weeks to show up. With its innovative, non-toxic formula, Vamousse head lice Protection Shampoo is a safe and efficacious alternative to synthetic pesticide-based products.

The current head lice market in the USA, estimated by management at $150m, is mainly driven by treatment products that are used on a reactive basis, when children are discovered to be hosting head lice and their eggs. Management believes there is potentially a much bigger untapped market of products that protect children and families at risk of infestation.

The Company is also pleased to announce that its Vamousse range of products is now distributed by Cardinal Health, the third biggest distributor of pharmaceutical products in the USA. This important listing with Cardinal Health will present the opportunity for Vamousse to reach more than 9,000 independent retail pharmacies in the USA. This agreement follows the distribution for Vamousse obtained with McKesson at the end of last year. McKesson is the biggest distributor in the USA and serves more than 12,000 independently owned pharmacies.

Vamousse products are also available on amazon.com and drugstore.com in the USA and at Boots, Superdrug, Sainsbury's, Tesco, and Rowlands in the UK as well as other independent pharmacies.

Bruno Jactel, Chief Executive Officer, said: "I am very pleased with the rapid expansion of our distribution network for Vamousse and am delighted with the national launch of our Vamousse Protection Shampoo at Walmart. We are already receiving very positive feedback from happy parents who have used Vamousse head lice Protection Shampoo on their children, telling us that despite major lice outbreaks in respective classrooms, their children have remained lice-free. Our safe, non-toxic shampoo is a breakthrough in lice protection that represents significant opportunities for the Vamousse brand and for TyraTech."

Further information on Vamousse(TM) is available on the Company's website at http://www.vamousselice.com/

 
 TyraTech Inc. 
 
  Bruno Jactel, Chief Executive Officer     Tel: +1 919 415 
  Vince Morgus, Chief Financial Officer     4340 
  & Treasurer                               Tel: +1 919 415 
                                            4287 
---------------------------------------  ------------------- 
 SPARK Advisory Partners Limited,         Tel: +44203 368 
  Nominated Adviser                        3552 
  Matt Davis / Mark Brady                  Tel: +44203 368 
                                           3551 
---------------------------------------  ------------------- 
 Allenby Capital Limited , Joint Broker 
  Chris Crawford                            Tel: +44 20 3328 
                                            5656 
---------------------------------------  ------------------- 
 Whitman Howard Limited, Joint Broker 
  Ranald Mc-Gregor Smith / Niall Devins     Tel: +44 20 7087 
                                            4555 
---------------------------------------  ------------------- 
 Walbrook, Financial PR and IR 
  Bob Huxford /Guy McDougall                Tel: +44 20 7933 
                                            8792 
---------------------------------------  -------------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCZMGFMVGDGKZM

Tyratech (LSE:TYR)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Tyratech Charts.
Tyratech (LSE:TYR)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Tyratech Charts.