News courtesy goes to the author Peter Schilling, who shared his company’s insights of alternative expansion funding at groundreport.com
International Advanced Healing Group has confirmed it is looking to secure alternative financing to support a concerted expansion in the Asia-Pacific region.
Singapore – IAHG [International Advanced Healing Group, Ltd.], the Singapore-based healing management technology group, has confirmed that it is interested in securingalternative funding to support fresh expansion within the Asia-Pacific region.
After an extremely eventful 2013 in which IAHG succeeded in increasing the size of its salesforce, and teaming its wholly-owned US subsidiary, AHI (Advanced Health Institute, Inc.) with US-based Medistar in a joint venture agreement to drive sales of AHI’s proprietary TruHeal suite of wound care products in selected regions including Mexico, the company is hoping to capitalize on the highly-encouraging potential for its proprietary HOOP wound management software product.
The company says that it is not yet prepared to place a figure on the sum it wants to raise but Peter Schilling, at International Advanced Healing Group said, “The growth of the salesforce and the increase in chronic illnesses like diabetes within the burgeoning middle classes in the Asia Pacific region has increased interest and transformed activity around the HOOP-software as intended. The company wishes to add additional functionality and build in further compatibility with more hospital and clinical systems in an effort to increase sales.”
IAHG says that neither the confirmation of intent to seek further expansion funding, nor the recent granting of the company’s ISIN (International Securities Identification Number) should be construed as a prelude to a share offering.
“We have to announce and publish these caveats in order to nip rumors of an impending IPO firmly in the bud since existing private backers are given first refusal on any stock issuance ” Mr. Schilling added.
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