Executive Summary
Futura Medical plc is a pharmaceutical products and medical device group that develops innovative products for the sexual healthcare market. It develops products aimed at the sexual wellbeing of healthy men and women and the treatment of sexual dysfunction. Its primary focus is on over-the-counter (\OTC\) products with particular appeal to men and women who are reluctant to discuss potentially embarrassing sexual matters with their doctors. The three products under development are CSD500, FLD500 and MED2002. CSD500 will be a condom to be used by healthy men. It incorporates an erectogenic compound which comes into contact with the penis on application of the condom. This is aimed at helping healthy men maintain an erection during intercourse in order to reduce condom slippage. FLD500 is a sister product to CSD500. For this product, the active compound will be applied to the outside of a condom thereby coming into direct contact with the vagina during sexual intercourse. This is aimed at helping healthy women maintain lubrication during intercourse, reducing the risk of condom failure. MED2002 will be a ???rub-on??? gel applied directly to the penis for the treatment of male erectile dysfunction. The Directors believe this will become the first pharmaceutical treatment for erectile dysfunction without the need of a doctor's prescription. An exclusive agreement with SSL International plc, the maker of Durex??? condoms, has been signed to distribute both CSD500 and FLD500 globally when each product is licensed. The Group has entered into exclusive discussions with a major global pharmaceutical group on a proposed agreement for the worldwide development and marketing of MED2002.
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