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press landing ventilator news big time

The government has chosen the medical ventilators it believes can be rapidly produced to equip the NHS with 30,000 machines needed to cope with an upsurge in Covid-19 patients.
Amid concern that the 8,175 devices available will not be sufficient, manufacturing giants have been looking at designing a model that could be mass-produced, based on criteria issued by the Department for Health and Social Care (DHSC).
But sources familiar with the discussions said the government has opted for existing designs and could harness the power of UK industry to scale up production massively.
Smiths Group already makes one of the designs, its portable “paraPac” ventilator, at its Luton site, and said it was in discussions with the government to help make 5,000 ventilators in the next two weeks.
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Andrew Reynolds Smith, chief executive, said: “During this time of national and global crisis, it is our duty to assist in the efforts being made to tackle this devastating pandemic, and I have been inspired by the hard work undertaken by our employees to achieve this aim.
“We are doing everything possible to substantially increase production of our ventilators at our Luton site and worldwide. Alongside this, we are at the centre of the UK consortium working to set up further sites to materially increase the numbers available to the NHS and to other countries impacted by this crisis.”
Oxfordshire-based Penlon is the designer of the other ventilator, according to the Financial Times. Penlon’s product chief has previously warned that asking non-specialist manufacturers to make ventilators would be “unrealistic” and the company has said its own Nuffield 200 Anaesthetic Ventilator presented a “quick and simple” solution.
In an effort that some have likened to British industry’s role in making Spitfires during the second world war, manufacturers such as Airbus and Nissan are expected to lend support by offering to 3D-print parts or assemble machines themselves.

I can by quite easily

my only concern is why did Odier sell?
hope no placing coming to help get the ventilators made

is really busy, wouldn't surprise me if star getting some huge orders in

Which Thicko is selling. This is time to hold cuz the ventilator need is huge globally

Inspiration Healthcare Group plc (AIM:IHC), the global medical technology company, is pleased to announce that it has today entered into a conditional agreement to acquire the entire issued share capital of Vio Holdings Limited, the holding company of VIOMEDEX Limited ("VIOMEDEX"), for an aggregate consideration of £4.0 million on a cash free debt free basis (the "Acquisition").



VIOMEDEX, designs, manufactures and supplies single use respiratory products and sterile medical consumables, principally for the respiratory care market. VIOMEDEX is the wholly owned trading subsidiary of Vio Holdings Ltd, which is being acquired by Inspiration Healthcare. VIOMEDEX's products are sold across the world through a distribution network built over the last 40 years. Of their OEM partners, Inspiration Healthcare is their biggest, accounting for more than 60 per cent. of total turnover. Based on unaudited proforma financial statements for the year ended 31 March 2019, VIOMEDEX generated EBITDA of £0.7 million from revenues of £2.5 million.

ignificant Shareholders

Ordinary Shares
%
Premier Miton Group plc
7,402,892
19.3
Neil Campbell
4,536,271
11.8
Simon Motley
4,423,260
11.5
Lombard Odier Managers Group plc
2,544,088
6.6
Toby Foster
3,899,907
10.2
BGF Investment Management Limited
2,868,000
7.5
Malcolm Oxley
2,536,271
6.6
Dion Steward
1,675,000
4.4
Graham Walls
1,558,934
4.1
Last updated 20th February 2020
Percentage of shares not in public hands 60.2%

this could fly up from here and fast

Percentage of shares not in public hands 60.2%

Almost 30% of mcap is the new ventilator orders

"Like other key members of the supply chain, we are all experiencing exceptional volumes that we would typically see around Christmas. D

"Like other key members of the supply chain, we are all experiencing exceptional volumes that we would typically see around Christmas. D

https://www.dailymail.co.uk/news/article-8142847/Hole-wall-thieves-use-huge-digger-rip-two-cash-machines-wall-midnight-ram-raid.html

have been merked off - shelves clean empty and NO refills and NO new stock coming. thats a fact

PEople keep telling me their stores have stock - well u must be getting preferential treatment in your area if u do

Tesco manager told me they are closing the express stores so they can redirect stock to the bigger stores

right now the star partners will need to know from their clients where their cargos are as they will all be stuck in parts of the supply chain therefore the importance of STAR as come to the fore

this is like a triple Christmas this year for Tesco, anything goes on the shelf it flies straight off

smackdown going on across the ftse right now - why?

used to work for centrica, what a mess - glad I didn't buy shares

a lot of senior ppl complaing about BJ right now and his poor dealing of this - lockdown coming

This will bounce up hard once this crisis is all over and sp appreciation will happen as theres no dividend going out the door, plus everyone's sitting inside watching tv

Same as when Lloyd's went from 20 to 60p

ITV is set to air pandemic horror Contagion this week as the coronavirus pandemic worsens in the UK.

The terrifying film from director Steven Soderbergh was originally released in 2011 and depicts a newly emerged virus - the fictional MEV-1 pathogen - which begins to sweep the globe.

Initially focusing on researchers and public health officials who try to contain the disease, events soon spiral out of control as the pandemic worsens and social order begins to collapse.

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Contagion was inspired by the 2002-2004 SARS outbreak and the 2009 swine flu pandemic, with screenwriter Scott Z. Burns consulting the World Health Organization (WHO) and a variety of health experts when writing the script.

Virgin Money taps Deloitte Digital for digital bank launch
Friday 13 March 2020 14:44 CET | News

As Virgin Money launches its digital bank in Australia, powered by core banking platform Temenos, Deloitte Digital has been selected to support the build and roll-out process.
The financial services group has brought the two players in the banking space on board to help it realise its vision. The IT banking infrastructure will be developed by Temenos, and after go-live, the firm will also provide Software-as-a-Service capabilities.

Deloitte Digital, the digital consulting arm of Deloitte Consulting, will meanwhile help design and build the Temenos solution and supporting apps, and provide broader project management and digital transformation services. The company will also support with risk and regulatory topics, to ensure the bank is fully compliant with local banking regulations.