Friday, June 21, 2013
Medtecs International
Medtecs International: Company featured on news wires Reuters after gaining ground due to expectations of higher sales of face masks in the Singapore, which is grappling with its worst air pollution in 16 years. Article also highlighted that it's likely to be short-term because once the haze clears it might drop.
Three reasons that the counter will continue to be in play:
1) The haze could well continue for several months because of the current dry season, which lasts till Sept or Oct;
2) According to FDA, extended use or reuse of the N95 respirators will result in the loss of protective properties;
3) Increasing coverage and visibility of haze situation via news wires;
Although the government stated that there was a ready supply of some 9m N95 face masks on hand, this works out to be 900,000 boxes (assuming the masks are sold in boxes of 10). The opportunistic and innovative Singaporeans would perhaps stock-up to better prepare for the haze situation.
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