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US Clinical Education Programme enters Phase II

10 Sep 2019 07:00

RNS Number : 7366L
Creo Medical Group PLC
10 September 2019
 

Creo Medical Group plc

("Creo" or the "Company")

 

US Clinical Education Programme enters Phase II

 

First training course delivered by key US adopter trained by Creo

 

Creo Medical Group plc (AIM: CREO), a medical device company focused on the emerging field of surgical endoscopy, announces that it has entered phase two of its Clinical Education Programme in the US, with the successful completion of the first Speedboat training course delivered by a US clinician trained as part of Creo's programme. As part of this new phase, three additional US clinicians have been trained by a US GI Endoscopists who performed his first clinical case earlier this year (RNS 1927N, 16 January 2019) and practices at a major US hospital, which was one of the first to place commercial orders for the Company's Speedboat device.

 

Creo's Clinical Education Programme ensures that first adopters of Speedboat, having been carefully mentored, can deliver training in this emerging field of surgical endoscopy to their fellow clinicians at a consistently high standard, safeguarding quality control and ensuring best patient outcomes. This new phase of the programme will see Creo establish the first in a series of US training centres run by US key opinion leaders who have already adopted Speedboat.

 

About Speedboat and CROMA

Speedboat is the first in a range of endoscopic minimally invasive surgical devices to be cleared for use with the Company's CROMA Advanced Energy platform, which uniquely combines bipolar radiofrequency energy for precise tissue dissection along with microwave energy for highly controlled coagulation and tissue ablation. A growing number of GI Endoscopists in the UK, South Africa, Mainland Europe and the US have now performed multiple successful treatments using Speedboat, removing lesions in both upper and lower GI cases.

 

Typically, instead of having to undergo surgery under general anaesthetic, these patients only needed sedation and were treated as day patients. As a result, Speedboat helps to reduce the risks associated with alternative open, laparoscopic and existing endoscopic procedures, reducing the length of stay in hospital for the patient and the cost of treatment by transferring therapy from the operating theatre to the endoscopy room.

 

Craig Gulliford, Creo's Chief Executive Officer, commented:

"To have one of our first key adopters in Phoenix, Arizona, who was trained as part of the first wave of our US Clinical Education Programme, now training fellow clinicians in the use of Speedboat is a major milestone for the successful commercial roll-out of our first product. It also marks the first in a series of training centres to deliver these courses in sites across the US, and similarly across other distributor markets for Creo.

 

"Whilst we remain in the early stages of roll-out, we expect to see a cascade effect and an increasing number of endoscopists trained consistently to the highest standards through our Clinical Education Programme, resulting in the wider adoption of our technology in the US." 

 

Creo Medical Group plc

 

Richard Rees (CFO)

+44 (0)129 160 6005

 

 

Cenkos Securities

+44 (0)20 7397 8900

Stephen Keys / Cameron MacRitchie

 

Michael Johnson / Russell Kerr (Sales)

 

 

 

Walbrook PR Ltd

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

Paul McManus

Mob: +44 (0)7980 541 893

Lianne Cawthorne

Mob: +44 (0)7515 909 238

 

 

About Creo Medical

 

Creo Medical, founded in 2003, is a medical device company focused on the development and commercialisation of minimally invasive surgical devices, by bringing advanced energy to endoscopy. The Company's mission is to improve patient outcomes by applying microwave and radiofrequency energy to surgical endoscopy. Creo has developed CROMA, an electrosurgical advanced energy platform that combines bipolar RF for precise localised cutting and microwave for controlled coagulation. This technology provides clinicians with flexible, accurate and controlled surgical solutions.

 

The Company's strategy is to bring its CROMA Advanced Energy platform to market through a suite of medical devices which the Company has designed, initially for the emerging field of GI therapeutic endoscopy, an area with high unmet needs. The CROMA Advanced Energy platform will be developed further for bronchoscopy and laparoscopy procedures. The Company believes that its technology can impact the landscape of surgery and endoscopy by providing a safer, less-invasive and more cost-efficient option of treatment.

 

For more information about Creo Medical please see our website, investors.creomedical.com

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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Date   Source Headline
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
10th Nov 200811:52 amRNSNotice of EGM

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