RNS number two31 Mar 2015 09:30
LIDCOrapid v2 with continuous non-invasive blood pressure cleared for sale in Japan
LiDCO Group Plc (AIM: LID), the cardiovascular monitoring company, announces the LiDCOrapidv2 with Unity software and continuous non-invasive blood pressure module have been cleared for sale in Japan.
LiDCO's Unity software allows the connection of LiDCO's continuous non-invasive blood pressure monitoring module. Existing LiDCOrapid monitors can be easily upgraded to provide the new functionality. LiDCO believes that the availability of the Company's Unity software and continuous non-invasive blood pressure module will double the numbers of surgery patients suitable for monitoring with LiDCO's technology.
Japan is the second largest market in the world for hemodynamic monitoring. The Company estimates that there are approximately 680,000 high-risk surgical patients per annum in Japan who can now benefit clinically from improved intraoperative fluid management.
Commenting, Terry O'Brien, Chief Executive Officer of LiDCO, said: "We expect the availability of this new product to significantly expand the market potential for sales of our monitors and associated high margin disposables in Japan. With this registration we believe that our non-invasive monitor can now address fluid and drug management across the entire surgical patient pathway without the insertion of minimally invasive arterial catheters."