The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksLID.L Share News (LID)

  • There is currently no data for LID

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

LiDCO surges on positive clinical trials

Wed, 05th Jun 2013 12:30

AIM-listed cardiovascular monitoring company LiDCO Group, has revealed that its LiDCOrapid blood monitoring system has been used successfully to monitor patients having major liver surgery. The hemodynamic system monitored cardiac output and guided intravenous fluid therapy in a randomised clinical trial on enhanced recovery versus standard care following open liver resection.The company reported that the clinical trial had involved 91 patients who were randomly allocated to receive standard care or an enhanced recovery programme (ERP) and the patients in the ERP were monitored using the LiDCOrapid system.Overall, the trial confirmed that using an ERP that included goal directed fluid therapy (GDFT) monitored by the LiDCOrapid system reduced the length of stay by three days for patients undergoing open liver resection and post-operative complications were reduced to 7.0% versus 27% in the control arm. This better care had led to "an improvement in short term quality of life for the patients in the ERP GDFT arm of the trial", the company said.LiDCOrapid uses a specific algorithm derived from the analysis of the pulse power of the arterial waveform to calculate the stroke volume from the heart. Terry O'Brien, Chief Executive Officer of LiDCO, said: "This study adds to the performance and outcomes evidence base supporting the advantages for use of the LiDCO's monitoring technology in high risk surgery patients." He added: "The ease of use of the system by healthcare professionals and benefits for patients gives us confidence that the LiDCOrapid system has the performance necessary to establish itself as the fluid monitoring system of choice in the fluid optimisation of high risk surgery patients both during and after major surgery." LiDCO Group's share price was up 10.39% to 10.62p at 11:54 on Wednesday.MF
More News
21 Apr 2016 09:22

LiDCO Launches LiDCOunity Monitor At US Medicine Conference

Read more
13 Apr 2016 11:15

CORRECT (12 Apr): LiDCO Swings To Annual Loss As Sales Slip

Read more
12 Apr 2016 10:27

Lidco swings to yearly loss

(ShareCast News) - Blood monitoring company Lidco Group swung to a pre-tax loss for the year ended 31 January 2016 as revenue slid. The group reported a pre-tax loss of £578,000 compared with a £238,000 profit the year before, on revenue of £7.6m, down from £8.3m as it sold and placed 40% fewer moni

Read more
12 Apr 2016 09:19

WINNERS & LOSERS SUMMARY: Anglo American Sparkles On De Beers Sales

Read more
12 Apr 2016 09:02

LiDCO Swings To Annual Loss As Sales Slip; Renews Argon Contract

Read more
6 Apr 2016 15:05

Earnings, Trading Statements Calendar - Week Ahead

Read more
5 Apr 2016 15:02

Earnings, Trading Statements Calendar - Week Ahead

Read more
4 Apr 2016 09:41

WINNERS & LOSERS SUMMARY: Landore Leaps On Canadian Gold Discovery

Read more
4 Apr 2016 08:05

LiDCO Group Wins US FDA Clearance For Latest Product

Read more
29 Mar 2016 07:27

LiDCO Gets Chinese Approval For LiDCO Rapid Monitor Sales

Read more
24 Mar 2016 09:17

LiDCO Signs Distribution Deals For Southern Africa, India And Malaysia

Read more
8 Feb 2016 14:52

Delayed purchases hurt LiDCO at year-end

(ShareCast News) - LiDCO was still facing challenges at the end of the financial year, as a number of customers slid large orders through past 31 January. The AIM-traded cardiovascular monitoring company said that, while it had a stronger second half, total revenues for the full year were lower than

Read more
8 Feb 2016 09:30

LiDCO Group To Report Fall In Revenue As Sales Slip Into New Year

Read more
23 Nov 2015 09:04

LiDCO Signs Master Distribution Deal For Asia Pacific With Fieldman

Read more
13 Oct 2015 09:27

Lidco signs purchasing agreement with US-based MedAssets

(ShareCast News) - Cardiovascular monitoring group Lidco Group has been awarded a five-year purchasing agreement by MedAssets, which is a US-based group purchasing organisation. MedAssets is a healthcare performance improvement company that serves four out of five hospitals in the US, and has awarde

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.