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Pin to quick picksCreo Medical Regulatory News (CREO)

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First in-human milestone for MicroBlate™ Flex

23 May 2023 07:00

RNS Number : 2667A
Creo Medical Group PLC
23 May 2023
 

Creo Medical Group plc

("Creo" the "Company" or the "Group")

 

First in-human milestone reached for MicroBlate™ Flex as part of Lung Tissue ablation clinical study

 

 

Creo Medical Group plc (AIM: CREO), the medical device company focused on the emerging field of surgical endoscopy, announces that, further to the update of 31 March 2023, the first in-human use of the Company's MicroBlate Flex device for the microwave (MW) ablation of soft tissue lung lesions was successfully completed at Royal Brompton Hospital, part of Guy's and St Thomas' NHS Foundation Trust, by Professor Pallav L Shah.

 

Creo's MicroBlate Flex device is a new soft tissue ablation device which is designed with the aim of being able to ablate nodules and tumors in several tissue types using the highest frequency MW energy for tumour ablation.

 

The aforementioned procedure forms part of a multi-site clinical trial, with all patients having regular follow-up assessments post-procedure to monitor their progress. The Study1 is the first of a number of planned studies regarding the Company's suite of ablation devices during 2023 and beyond.

 

Craig Gulliford, Chief Executive Officer of Creo, commented: "This is another landmark moment for Creo Medical. Lung cancer has the second highest incidence of the top 5 cancers and one of the lowest 5-year survival rates. Unlike most other cancers; there are no significant, accurate screening programmes in place for lung cancer but with screening, diagnosis and navigation technology advancing dramatically over recent years, we are set to see that change.

"The goal of screening is to find the disease early when the tumours are small. However, currently the treatment options for these early-stage lesions are inappropriately invasive, typically involving chemotherapy, radiation therapy, surgery or a combination thereof.

 

"MicroBlate Flex has been designed for a range of different applications, including the capability of operating with these new lung cancer diagnosis and navigation technologies, and is ideal for the targeted ablation of pre-cancerous and potentially cancerous lesions in the lung and in other soft tissue. Like with all our products now in clinical practice in the gastroenterology market, we hope that our technology will enable clinicians to significantly impact on the improvement of Cancer outcomes.

"The whole team at Creo are delighted that this clinical program has now started. The first enrolment and MicroBlate Flex's first procedure safely completed is an important milestone in our goal to use advanced energy to transform lives."

Professor Shah added: "The ablate device is another tool in our armoury for treating early lung cancers or metastatic tumours in the lung. It provides an alternative approach when surgery is not possible and may have the potential to create a very controlled ablation minimising any additional lung damage. The current trial should help evaluate its safety and role in thoracic cancers."

 

 

1 Bronchoscopic Microwave Ablation of Lung Tissue - Full Text View - ClinicalTrials.gov

 

Enquiries:

 

Creo Medical Group plc

www.creomedical.com

Richard Rees (CFO)

+44 (0)1291 606 005

Cenkos Securities plc

+44 (0)20 7397 8900

Stephen Keys / Camilla Hume (NOMAD)

Michael Johnson / Russell Kerr (Sales)

Numis Securities Limited (Joint Broker)

Freddie Barnfield / James Black / Duncan Monteith

+44 (0)20 7260 1000

 

Walbrook PR Ltd

Tel: +44 (0)20 7933 8780 or creo@walbrookpr.com

Paul McManus / Sam Allen /

Phillip Marriage

Mob: +44 (0)7980 541 893 / +44 (0)7502 558 258 / +44 (0)7867 984 082 

 

 

About Creo Medical 

 

Creo Medical is a medical device company focused on the development and commercialisation of minimally invasive electrosurgical devices, bringing advanced energy to endoscopy.

 

The Company's vision is to improve patient outcomes through the development and commercialisation of a suite of electrosurgical medical devices, each enabled by CROMA, powered by Kamaptive. The Group has developed the CROMA powered by Kamaptive full-spectrum adaptive technology to optimise surgical capability and patient outcomes. Kamaptive is a seamless, intuitive integration of multi-modal energy sources, optimised to dynamically adapt to patient tissue during procedures such as resection, dissection, coagulation and ablation of tissue. Kamaptive technology provides clinicians with increased flexibility, precision and controlled surgical solutions. CROMA currently delivers bipolar radiofrequency ("RF") energy for precise localised cutting and focused high frequency microwave ("MW") energy for controlled coagulation and ablation via a single accessory port. This technology, combined with the Group's range of patented electrosurgical devices, is designed to provide clinicians with flexible, accurate and controlled clinical solutions. The Directors believe the Company's technology can impact the landscape of surgery and endoscopy by providing a safer, less-invasive and more cost-efficient option for procedures.

 

For more information, please refer to the website www.creomedical.com

 

 

 

 

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Date   Source Headline
25th Mar 20103:10 pmRNSSale of CREO shares
25th Mar 20107:00 amRNSDirector/PDMR Shareholding
23rd Mar 20107:00 amRNSResult of Tender Offer
8th Mar 20107:00 amRNSCircular re Tender Offer
8th Mar 20107:00 amRNSPreliminary Results
19th Feb 20107:00 amRNSBlocklisting Interim Review
5th Feb 20107:00 amRNSTrading Update
18th Jan 20107:00 amRNSDisposal
10th Dec 20097:00 amRNSNew Loan Facility
30th Nov 20094:13 pmRNSDirector Disclosure
25th Nov 20095:34 pmRNSDirector Declaration
25th Nov 200912:00 pmRNSProposed issue of zero dividend preference shares
20th Nov 20099:49 amRNSDisposal
12th Nov 20099:48 amRNSDisposal
5th Nov 200910:12 amRNSDisposal
7th Sep 200910:39 amRNSPublication of Financial Accounts
25th Aug 20097:00 amRNSInterim Results
18th Aug 20097:00 amRNSDirectorate Change
4th Aug 20097:00 amRNSTreasury Building Refinance
6th Jul 20097:00 amRNSBlocklisting Interim Review
1st Jul 20097:00 amRNSDirector/PDMR Shareholding
29th Jun 20097:00 amRNSDirectorate Change
24th Jun 20097:00 amRNSDisposal of Minority Stake
11th Jun 20097:00 amRNSAmendments to Investment Management Agreement
10th Jun 200911:18 amRNSResult of AGM
23rd Apr 200910:34 amRNSAnnual Report and Accounts
20th Apr 200912:52 pmRNSHolding(s) in Company
9th Apr 20099:05 amRNSIssue of Equity
3rd Apr 20091:24 pmRNSNotifiable interest in securities
1st Apr 20093:20 pmRNSDirector/PDMR Shareholding
23rd Mar 20093:24 pmRNSDirector/PDMR Shareholding
19th Mar 20097:00 amRNSFinal Results
22nd Jan 20095:00 pmRNSDirector/PDMR Shareholding
20th Jan 200911:00 amRNSSignificant shareholder notification
16th Jan 20099:31 amRNSTransaction in Own Shares
15th Jan 20093:57 pmRNSNotifiable interest in securities
15th Jan 20098:46 amRNSTransaction in Own Shares
13th Jan 20099:00 amRNSRe Call Option Agreement
5th Jan 20093:40 pmRNSSignificant shareholder notification
5th Jan 200910:39 amRNSSignificant shareholder notification
2nd Jan 20099:34 amRNSBlock Listing 6 monthly review
31st Dec 20089:57 amRNSTransaction in own securities
19th Dec 20084:33 pmRNSTransaction in Own Shares
9th Dec 20087:00 amRNSAppointment of Nomad and Joint Broker
8th Dec 20084:14 pmRNSGrant of Options
3rd Dec 200811:25 amRNSResult of EGM
26th Nov 20087:00 amRNSAppointment of Joint Broker
26th Nov 20087:00 amRNSRREEF Share Purchase
21st Nov 20089:24 amRNSCall Option Agreement
14th Nov 20087:00 amRNSGrant of Options

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