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Re: DipNe160 post# 9880

Sunday, 07/17/2022 12:48:33 PM

Sunday, July 17, 2022 12:48:33 PM

Post# of 13843
First of all, good for UHP for making the donation. That’s awesome.
However, This was not new product. DD below laid out in a fashion much easier to follow below.

Apr 1st 2022
“ In an effort to support the people of Ukraine and those working to defend the country against the Russian invasion, UHP is donating 10,000 units of its HemoStyp hemostatic gauze”

April 1 equipment:
The company notes that its manufacturing equipment remains in good operational condition and is on location at the premises of our FDA-approved contract manufacturing partner. The equipment is ready to become operational in anticipation of an FDA inspection and/or the need to produce HemoStyp material for commercial orders.

April 1 inventory:
in consultation with its auditors, has written off the value of its production equipment and certain work-in-progress inventory due to the extended period of inactivity,