Hold3 Jul 2024 19:06
Showcased the potential of its technology, with the MicroBlate Flex being used in a world-first combined procedure at the Royal Brompton Hospital to treat a cancerous lung nodule using a robotic platform.
Despite the business growth, Creo said it had maintained disciplined cost control, contributing to a reduced operating loss for the financial year ended 31 December 2023.
The company said it remained on track to achieve cash flow break-even by 2025.
“The transition from a small medtech start-up, to where the company is now, is testament to not only the quality of the company's technology and products, but also to its leadership, of which you have been an integral part,” the incoming chair Kevin Crofton told the meeting.
“With a strong international presence, a growing user base and world-class partners, Creo Medical is now well positioned for accelerated growth.
“During my recruitment process, I have got to know many members of the talented Creo team, and I am looking forward to getting started and working with them to continue our upwards clinical and commercial trajectory