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TWST: Could we begin with an overview of curasan's history, products and core markets? Mr. Roessler: curasan is a major player in the medical markets of regenerative biomedicine, including generics for anesthesia. We are located in the Rhine-main region, next to Frankfurt International Airport in Germany, which is an area that offers excellent infrastructure for our logistic interests. When I founded curasan in 1988, we started as a gatekeeper for marketing pharmaceuticals and medical devices. The core business consisted of blood plasma and local anesthetics, but over the years the product range was systematically expanded. A particular highlight in the company's development was the licensing of Cerasorb® at the end of 1997 and one year later clinical studies were initiated that led to excellent results in 1999. The millennium brought further changes as Cerasorb® received the innovation prize 2000 and the curasan Group converted from a private limited company into a public stock corporation. In 2001 we acquired two German companies, Titanium Innovations GmbH, including Ti-system that contains titanium membranes, titanium pins and a fixation system, and Pro-tec Medizinische Produkte GmbH. The latter produces the Hi-tech biomaterial Stypro®. This is a haemostyptic product that promotes wound healing and is available in different shapes and sizes. Today, curasan offers a wide range of pharmaceuticals, medical devices, biomaterials and biologicals. Our target groups are primarily surgeons and anesthetists in hospitals as well as specialists, such as orthopedic surgeons, pharmacologists and plastic surgeons. TWST: In percentage terms, can you break down the revenues that curasan derives from each of these areas? Mr. Roessler: In 2001 we reached approximately 12.5 million Euros in sales turnover, 55% of which was derived from pharmaceuticals and 45% from biomaterials/biologicals. The estimate for this year is an increase of 30% in sales turnover, which will lead to approximately 15.6 million Euros.
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