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CardioQ update

26 Mar 2008 07:02

Deltex Medical Group PLC26 March 2008 Deltex Medical Group plc CardioQ shown to halve average recovery times after major surgery 26 March 2008 - Deltex Medical Group plc ("Deltex Medical"), the UK's leadinghaemodynamic monitoring company, notes results from introducing a new approachto major surgery that includes routine use of the CardioQ. The article published in the March edition of Health Director, reports on astudy led by Mr Mike Parker, a senior consultant colorectal surgeon at DarentValley hospital in Kent and current President of the Association of LaparoscopicSurgeons of Great Britain and Ireland. The study reports on the impact ofintroducing combination of an enhanced recovery programme (including oesophagealDoppler monitoring with the CardioQ) and minimally invasive surgical techniques('laparoscopic' or 'keyhole' surgery) for patients undergoing major bowelsurgery. Conducted between January 2003 and June 2007, the study, monitored the timepatients spent in hospital and the time until they reported themselves feelingfully recovered (i.e. as well as they had felt before their operation). Datarecorded for 200 patients having laparoscopic surgery under the enhancedrecovery programme was compared to that for patients having open surgery undertraditional care pathways in the same hospital. The study found that the average enhanced recovery laparoscopic patient lefthospital after five days and was fully recovered after a further seven days, atotal recovery time of 12 days. By contrast, the average patient receivingtraditional care (open surgery, no CardioQ, no enhanced recovery programme) lefthospital after eleven days and was only fully recovered after another 29 days, atotal recovery time of 40 days. Mr Parker stated: "By enabling patients to leave hospital sooner and recover more quickly we aresaving the (NHS) trust a significant amount of money. For the third of patientswe treated who were returning to work we also saved the economy substantial sumsby enabling them to return to work a full three weeks earlier than before." Deltex Medical's Chief Executive, Andy Hill commented: "The combination of enhanced recovery programmes, keyhole surgery and theCardioQ is extremely powerful and this data will be of interest to doctors,patients, healthcare providers and health insurers in most developed healthcaresystems, including the in the USA." For further information, please contact:- Deltex Medical Group plc 01243 774 837Nigel Keen, Chairman njk@deltexmedical.comAndy Hill, Chief Executive ahill@deltexmedical.comEwan Phillips, Finance Director eap@deltexmedical.com Gavin Anderson & Company 0207 554 1400Deborah Walter dwalter@gavinanderson.co.ukRobert Speed rspeed@gavinanderson.co.uk Charles Stanley Securities 020 7149 6000Philip Davies philip.davies@csysecurities.comRussell Cook russell.cook@csysecurities.com Notes for Editors Deltex Medical manufactures and markets the CardioQ(TM) monitor, which usesdisposable ultra-sound probes inserted into the oesophagus to determine theamount of blood being pumped around the body - 'circulating blood volume'.Reduced circulating blood volume is known as hypovolaemia, which leads toinsufficient oxygen being delivered to the organs. This causes medicalcomplications including peripheral and major organ failure which can lead todeath. Hypovolaemia, which is akin to severe dehydration, affects virtuallyevery patient having surgery because of the combined effects of pre-operativestarvation, the impact of the anaesthetic agents and trauma from the surgeryitself. Using fluids and drugs, guided by the CardioQ, to optimise the amount ofcirculating blood significantly reduces post-operative complications allowingpatients to make a faster, more complete recovery and return home earlier. The CardioQ incorporates the Company's proprietary software and a smalldiameter, easy-to-use, minimally invasive, disposable oesophageal probe that isused for transmitting and receiving an ultra-sound signal. By using thistechnology, the CardioQ provides clinicians with the ability to haemodynamicallyoptimise critically ill patients and those undergoing routine moderate to majorsurgery through the controlled administration of fluid and drugs. Haemodynamicoptimisation has been scientifically proven to improve the speed and quality ofpatient recovery and reduce hospital stay. There are already around 1,500 CardioQs currently in use in hospitals worldwideand distribution arrangements are in place in over 30 countries. In addition,there are currently more than 90 clinical publications on the use of the CardioQwhich have repeatedly:- •Validated the results of the Monitor against known standards for measuring cardiac output, demonstrating that the technology works •Proved that the CardioQ works in a wide range of surgical procedures •Demonstrated that the Company's technology provides significant health and economic benefits by helping to reduce post-operative complications and length of hospital stays by an average of 30 to 40 per cent for a wide range of patients. The SupraQ(TM) is an entirely non-invasive device which uses an ultrasound probeheld at the base of the patient's neck to track the flow of blood in the aorta;it presents the same data as the CardioQ in a similar format and is used fortaking snapshots or monitoring over short periods. This information is provided by RNS The company news service from the London Stock Exchange
Date   Source Headline
17th May 20187:00 amRNSAnnual Report and Notification of AGM
10th May 20187:00 amRNSInvestor Event
9th May 20187:00 amRNSTrueVueTM Loops display launched on CardioQ-ODM+
9th May 20187:00 amRNSResults for the year ended 31 December 2017
25th Apr 20187:00 amRNSNotice of results and FEDORA trial update
7th Mar 20183:51 pmRNSHolding(s) in Company
1st Mar 20187:00 amRNSODM reduces postoperative complications by 75%
20th Feb 20187:00 amRNSCardioQ-ODM+ wins Paris Hospital System Tender
12th Feb 20189:30 amRNSDirector dealing and issue of equity
9th Feb 20181:10 pmRNSResult of General Meeting
9th Feb 201810:12 amRNSResult of Offer and Additional Allotment
24th Jan 20185:17 pmRNSPosting of Circular
23rd Jan 20183:00 pmRNSResult of Oversubscribed Placing
23rd Jan 20187:00 amRNSPlacing, Subscription and Offer
17th Jan 20187:00 amRNSMajor New US Hospital Account
5th Jan 20187:00 amRNSTrading Update
24th Oct 20177:00 amRNSUS launch of TrueVue(TM) system
3rd Oct 20177:00 amRNSNew US hospital account
25th Sep 20177:00 amRNSShare Options
21st Sep 20177:00 amRNSRelease and first sale of HD-ICG in France
11th Sep 20177:00 amRNSInterim Results
31st Aug 20177:00 amRNSNotice of Interim Results
31st Aug 20177:00 amRNSInvestor Event
2nd Aug 201712:59 pmRNSHolding(s) in Company
28th Jul 201711:10 amRNSHolding(s) in Company
27th Jul 20175:24 pmRNSHolding(s) in Company
21st Jul 20177:01 amRNSShare placing
21st Jul 20177:00 amRNSPre-close Trading Update
13th Jun 20179:30 amRNSDirector/PDMR Shareholding
9th Jun 20171:25 pmRNSResult of AGM
9th Jun 20177:00 amRNSExcellent Results from New Trial
9th Jun 20177:00 amRNSAGM Statement
31st May 20177:00 amRNSPatent Grant
26th May 20177:00 amRNSLaunch of ODMV+ system for veterinary anaesthesia
4th May 20177:00 amRNSNew Functionality on CardioQ-ODM+ Monitor Platform
3rd May 20172:20 pmRNSExercise of Options
3rd May 20172:15 pmRNSPublication of Annual Report & Notification of AGM
27th Apr 20177:01 amRNSDeltex awarded EU Horizon 2020 Phase 1 grant
27th Apr 20177:00 amRNSResults for the year ended 31 December 2016
20th Apr 201712:25 pmRNSInvestor open day and notice of results
4th Apr 201711:51 amRNSExercise of Options
28th Mar 20176:05 pmRNSHolding(s) in Company
22nd Mar 20177:15 amRNSGrant of Options
22nd Mar 20177:00 amRNSShare Issues
23rd Feb 20177:00 amRNSNew Monitor Sales in USA and UK
25th Jan 20177:00 amRNSSouth Korean broadens ODM reimbursement
18th Jan 20177:00 amRNSTwo additional US platform programme accounts
18th Jan 20177:00 amRNSTrading Update
30th Nov 20167:00 amRNSAdditional US platform programme account
4th Nov 20167:00 amRNSNHS hospital invests in ODM equipment

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