Medtech revenue drops 26pct

HARARE, March 30 (The Source) – MedTech Holdings on Thursday reported a 26 percent drop in revenue to $9,8 million in the full year to December 2016 from $13,2 million the prior year as demand continues to fall. MedTech is a holding company with interests… Read More

Medtech losses widen in H1

HARARE, October 5 (The Source) – Pharmaceutical products distributor Medtech losses grew to $305,000 in the six months to June 2016 from $90,000 in the prior year due to subdued demand. Revenue fell 32 percent to $4,4 million driven by increased competition from unregistered operators… Read More

Medtech narrows H1 loss to $90k

HARARE, September 17 (The Source) – Pharmaceutical products distributor Medtech on Thursday reported that it had narrowed its losses to $90,000 in the half year to June from $233,000 last year, on improved performance of its manufacturing unit. Revenue during the period was up six… Read More