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Share Price: 0.125

Bid: 0.11

Ask: 0.14

Change: 0.00 (0.00%)

Spread: 0.03 (27.273%)

Open: 0.125

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IN BRIEF: Deltex Medical on track for new product launch in June

Wed, 17th May 2023 19:46

Deltex Medical Group PLC - Chichester, England-based cardiac monitoring system maker - Reports good progress towards finalising its new, next generation monitor, including completing the necessary regulatory documentation required for its launch. Intends to launch this new product in June 2023 initially in the UK and EU markets. Will then seek regulatory approval for launch into other key global markets over the next 6-18 months. In addition, continues to maximise revenues from the current generation monitor and probes via its direct sales teams in the UK and US whilst simultaneously preparing the market for the launch of the new, next generation monitor.

Current stock price: 1.53 pence, up 2.0% in London on Wednesday

12-month change: up 39%

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

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DIRECTOR DEALINGS: Deltex Medical Non-Executives Buy Placing Shares

LONDON (Alliance News) - Deltex Medical Group PLC Tuesday said Non-Executive Chairman Nigel Keen and Non-Executive Director Julian Cazalet acquired new shares Monday as part of the company's recent open offer of shares.

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IN BRIEF: Deltex Medical on track for new product launch in June

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