RE: Progress11 Feb 2022 22:29
Same here!
Deltex Medical Group plc (AIM:DEMG) is in demand after it won a key order for its monitors.
The company, whose technology is used in critical care and general surgical procedures, said it had received a US$200,000 order from a distributor in the Americas for its TrueVue monitors.
The two have been working for 18 months to gain approval for the monitors, which measure blood flow velocity in the central circulation in real time.
Initially the distributor purchased five monitors to carry out in-hospital evaluations and these trials proved successful leading to the TrueVue technology being chosen to fulfil an initial government tender in that market.
As a result, Deltex has now received an initial order for monitors to fulfil government-awarded contracts, with installation expected over the next nine months. Further monitor orders are expected later this year once more tenders are awarded.
The order will also result in contracted monthly revenues for the single-use probes, which are used with these devices.