Full Year 2021 Paragon Care Ltd Earnings Call Transcript

Aug 30, 2021 / 06:00AM GMT
Phil Nicholl - Paragon Care Ltd. - CEO

Yes, good afternoon, everybody, and thank you for your time. To start with, I'd like to share a bit with you -- a bit about what Paragon actually does. So we're one of the largest and most established providers of medical supplies and equipment to the Australia and New Zealand markets in health care, hospital and aged care. The majority of our business is representing manufacturers who don't have a direct presence in Australia and New Zealand. However, we do have two manufacturing businesses, and they are our Lovell and Immulab businesses. We actively look out for and source technology from all over the world.

And we are often approached by manufacturers who are seeking to enter our market, and we're often a very attractive proposition for them. We have scale and relevance in what's a very fragmented market. We have over 400 employees who operate -- offer a full range of expertise from sales and marketing, regulatory right through the full logistics capabilities. And this is very hard to do, to set up from scratch; hence, we are an attractive opportunity for

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