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CardioQ update

14 Apr 2008 07:01

Deltex Medical Group PLC14 April 2008 Deltex Medical Group plc Largest audit of the CardioQ(TM) in "fast-track" bowel surgery set to expand 14 April 2008 - Deltex Medical Group plc ("Deltex Medical"), the UK's leadinghaemodynamic monitoring company, today announces that doctors in Spainundertaking the largest ever audit of the impact of the Company's CardioQoesophageal Doppler monitor (ODM) are expanding the number of hospitals involvedin the project. Dr Jose Manuel Ramirez, one of Spain's most senior surgeons and a specialist inbowel surgery at the University Hospital in Zaragoza, is leading the audit whichwill examine changes in the numbers of complications and lengths of stay inpatients undergoing major bowel surgery using the CardioQ in a "fast-track"surgery setting compared to historical data for patients undergoing similarsurgery using traditional approaches to care. "Fast-track" or "enhanced recovery" protocols combine elements of best practicein surgical techniques and patient care to keep patients as well as possibleimmediately before, during and after their surgery. Originally planned to be conducted across seven hospitals in Spain, interest inthis independent project, organised and supervised by the University of Zaragozahas been such that Dr Ramirez felt it appropriate to expand this to include afurther four hospitals, although many more expressed strong interest in beinginvolved. Deltex Medical has been working closely with Dr Ramirez and his colleagues andtraining at the first group of hospitals is now complete. The new sites will betrained over the coming weeks. Data collection will begin on 1 May 2008 and isexpected to conclude at the end of October, in time for presentation of theresults at the Spanish National Congress of Surgery in Madrid in November 2008. Dr Ramirez commented: "Surgeons have added strategies during surgery designed to enhance patients'recovery still further. They use minimally invasive surgical techniques andepidural anaesthesia wherever possible and precise cardiac and fluid monitoringduring operations through an oesophageal Doppler probe used with CardioQ, whichmonitors blood flow from the heart. In elective complex surgical proceduresthese approaches have been shown in trials to lead to a lower rate ofpostoperative complications and shorten time to recovery and hospital stay, ourobjective is to promote and press forward with these programmes in the field ofgeneral and digestive surgery" The Spanish Agencia Lain Entralgo para la Formacion, Investigacion y EstudiosSanitarios de la Comunidad de Madrid, Spain's equivalent to the UK's NationalInstitute for Health and Clinical Excellence (NICE), is closely involved in theaudit project and its remit includes making recommendations on a national basisabout which new technologies should become integrated as routine practice in theSpanish health service. Mr. Juan Antonio Blasco Amaro, who is responsible for medical device evaluationat the Agencia Lain Entralgo para la Formacion, Investigacion y EstudiosSanitarios de la Comunidad de Madrid commented: "The outcome of this study could make the CardioQ a specification and preferabledevice of use included in the social security health program" Deltex Medical's Chief Executive, Andy Hill commented: "Fast-track and enhanced recovery programmes are gaining ground as the standardof care for patients having bowel and other major surgical procedures. DrRamirez's project has the very real potential to accelerate substantially theadoption of this approach across more than 200 hospitals in Spain performingthis kind of surgery." 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.ukStuart Macaulay smacaulay@gavinanderson.co.uk Charles Stanley SecuritiesNominated Advisors 020 7149 6000Philip Davies philip.davies@csysecurities.comRussell Cook russell.cook@csysecurities.com Notes for Editors Deltex Medical manufactures and markets the CardioQ 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 optimisecritically ill patients and those undergoing routine moderate to major surgerythrough the controlled administration of fluid and drugs. Haemodynamicoptimisation has been proven to improve the speed and quality of patientrecovery 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 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
20th Aug 20087:00 amRNSNHS National Technology Adopt
31st Jul 20088:29 amRNSTotal Voting Rights
8th Jul 20087:40 amRNSTrading Statement
1st Jul 20082:25 pmRNSDirector/PDMR Shareholding
30th Jun 20083:35 pmRNSTotal Voting Rights
30th Jun 20087:40 amRNSDirector/PDMR Shareholding
30th Jun 20087:30 amRNSDirector/PDMR Shareholding
30th Jun 20087:00 amRNSInterim Trial Results
26th Jun 20083:46 pmRNSIssue of Equity
24th Jun 200811:08 amRNSIssue of Equity
27th May 20084:00 pmRNSIssue of Equity
13th May 200811:50 amRNSResult of AGM
13th May 200811:50 amRNSResult of AGM
9th May 20089:22 amRNSHolding(s) in Company
8th May 20087:01 amRNSCardioQ-ODM Update
25th Apr 20089:07 amRNSClinical Paper
23rd Apr 20087:01 amRNSNext Generation of CardioQ
22nd Apr 200812:10 pmRNSHolding(s) in Company
18th Apr 20087:00 amRNSCompletion of Funding Package
15th Apr 20087:01 amRNSCardioQ update
14th Apr 20087:01 amRNSCardioQ update
7th Apr 20087:01 amRNSFinal Results
7th Apr 20087:01 amRNSNew Non-Executive Director
3rd Apr 20087:00 amRNSCardioQ update
2nd Apr 20087:01 amRNSCardioQ update
28th Mar 20087:02 amRNSNTAH update
26th Mar 20087:02 amRNSCardioQ update
20th Mar 20087:00 amRNSNotice of Results
3rd Mar 20083:22 pmRNSODM meta - analysis
25th Jan 20083:58 pmRNSDirector/PDMR Shareholding
23rd Jan 20087:01 amRNSPositive Scientific Review
23rd Jan 20087:01 amRNSPre-close update
18th Jan 200811:41 amRNSHSJ Article
26th Nov 20079:03 amRNSDirector/PDMR Shareholding
21st Nov 20077:02 amRNSCardioQ Product Endorsement
31st Oct 20072:15 pmRNSTotal Voting Rights
22nd Oct 20079:01 amRNSHolding(s) in Company
16th Oct 20074:03 pmRNSAdditional Listing
1st Oct 20077:06 amRNSCardioQ announcement
25th Sep 200711:00 amRNSInterim Results - Replacement
25th Sep 20077:03 amRNSInterim Results
16th Aug 20073:53 pmRNSAIM Rule 26 Information
31st Jul 20073:29 pmRNSTotal Voting Rights
25th Jul 200711:30 amRNSRecommendation for CardioQ
11th Jul 20077:01 amRNSTrading Statement
5th Jul 20073:30 pmRNSImproving Surgical Outcomes
29th Jun 20073:34 pmRNSDirector/PDMR Shareholding
29th Jun 20073:26 pmRNSAdditional Listing
29th Jun 20078:52 amRNSTotal Voting Rights
28th Jun 20077:04 amRNSNew Clinical Evidence

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