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LiDCO Names Ex-Abbott Laboratories Director Wetrich As Non-Executive

Thu, 15th Aug 2019 12:23

(Alliance News) - LiDCO Group PLC on Thursday said it appointed James Wetrich as a non-executive director, with immediate effect.

The hemodynamic monitoring company said Wetrich has over 35 years of experience in the US healthcare industry, having worked both in the medical device and healthcare provider sectors, including companies such as Abbott Laboratories, Molnlycke Healthcare, Premier Inc, and Providence Health & Services.

"The US represents the greatest opportunity for LiDCO's future growth," said LiDCO Chief Executive Matt Sassone.

"James' breadth of industry knowledge, contacts and experience in the US market brings to the board additional skills to take company forward," added Sassone.

LiDCO shares were trading 1.9% higher on Thursday in London at 3.98 pence each.

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1 Apr 2019 18:16

Quilter Reduces 7.0% Interest In LiDCO To Below Notifiable Threshold (ALLISS)

LONDON (Alliance News) - LiDCO Group PLC said on Monday that London and Johannesburg-listed Quilter PLC has reduced its 6.98% stake in the hemodynamic monitoring company to below the notifiable in

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26 Mar 2019 11:23

LiDCO Group Annual Loss Narrows But Revenue Slips On Product Roll-Out

LONDON (Alliance News) - LiDCO Group PLC on Tuesday reported a slight reduction in its annual loss despite revenue dipping due to costs associated with the roll out of its High Usage the year 31,

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19 Mar 2019 16:07

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12 Mar 2019 10:32

LiDCO climbs after winning Latin American distribution deal

(Sharecast News) - LiDCO's shares climbed on Tuesday after the company signed a master distribution agreement for LiDCO products with Brazil-based Elysian Fields Medical covering a number of territories across Latin America.

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5 Mar 2019 16:00

LiDCO Group Appoints Former Oxford Gene CFO To Board As Finance Head

LONDON (Alliance News) - LiDCO Group PLC on Tuesday said it appointed Tim Hall to the board as chief financial officer and company secretary with effect from March 11.Hall was CFO of Oxford

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20 Feb 2019 11:57

LiDCO To Report Fall In Revenue After Transition To HUP Business Model

LONDON (Alliance News) - LiDCO Group PLC on Wednesday said it expects to report a double-ditgit decline in revenue in its recently ended financial year as it transitions its clients to the newly a

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20 Feb 2019 08:11

Lidco's recurring revenues soar as HUP offering picks up steam

(Sharecast News) - Hemodynamic monitoring outfit Lidco saw recurring revenues soar in its last trading year after the group made continued progress with its high usage programme (HUP) business model in the first 18 months since its launch.

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17 Dec 2018 09:14

LiDCO drops as lumpy US market keeps revenues flat

(Sharecast News) - LiDCO shares dropped on Monday after reporting that annual revenues will be "similar to the last financial year" as the drug monitoring company has been affected by longer US sales cycles and a big tweak to its UK business model.

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9 Oct 2018 09:51

Lidco's losses widen as UK revenue stumbles

(Sharecast News) - Lidco reported that its first half losses deepened on Tuesday after revenues suffered from a longer than expected sales cycle.

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2 Oct 2018 16:02

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24 Sep 2018 11:45

LiDCO Chief Financial Officer Jill McGregor Steps Down From Role

LONDON (Alliance News) - Haemodynamic monitoring company LiDCO PLC said Monday that Chief Financial Officer Jill McGregor will be leaving the company for personal reasons.McGregor's is

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20 Aug 2018 14:21

LiDCO announces further US success as revenues decline

(Sharecast News) - Hemodynamic monitoring company LiDCO updated the market on its trading on Monday, announcing that it had further success in the US, contracting three additional customers to its recently-launched differentiated 'high usage programme (HUP) business model.

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20 Aug 2018 11:48

LiDCO Expects Strong Second-Half As Signs 3 US High-Usage Plan Clients

LONDON (Alliance News) - LiDCO Group PLC on Monday said it expects "a much stronger second-half" as it has contracted a further three US clients to its recently launched differentiated a

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17 May 2018 14:12

LiDCO Trading In Line With Management Expectations So Far In 2018

LONDON (Alliance News) - Hemodynamic monitoring company LiDCO PLC said on Thursday that its year-to-date sales are currently in line with the year before, due to the strong performance from its in

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10 May 2018 16:16

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