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Pin to quick picksDeltex Medical Regulatory News (DEMG)

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Hospital Stay Length Results

18 Dec 2006 18:07

Deltex Medical Group PLC18 December 2006 Deltex Medical Group plc CardioQTM reported to reduce length of hospital stay in new types of surgery 19 December 2006 Deltex Medical Group plc ('Deltex Medical' or the 'Company'),the UK's leading haemodynamic monitoring company, today announces thepublication by a leading scientific journal of a letter reporting the results ofthe Medway Maritime NHS Trust's ('Medway') audit into the effectiveness ofTargeted Volume Management ('TVM') using the CardioQ during surgery. The letter, published in the December edition of the British Journal of Surgery,(Volume 93, Issue 12) analyses reductions achieved in length of stay as follows: Type of surgery Per patient bed day saving Bowel resection 2.3 days Gallbladder removal 1.6 days Kidney removal 1.0 day Bladder removal 7.5 days Prostate surgery 1.2 to 2.1 days Broken hip repair 7.8 days Hip replacement 2.2 days Spine surgery 1.5 days The Directors believe that this is the first time that the results of the Medwayaudit, which was undertaken in 2004, have been published by a scientificjournal. Furthermore, the Directors believe that this is the first scientificdata to show TVM improving outcomes in hip replacement, spinal, kidney orprostate surgery. Deltex Medical's chief executive, Andy Hill, commented: "Publication of this letter by a leading medical journal means that, in future,the results of the Medway audit will have to be considered in any review of thescientific literature about the clinical benefits and cost effectiveness of theCardioQ. Medway's results further expand the range of operations where theCardioQ has been shown to benefit patients". For further information, please contact:- Deltex Medical Group plc 01243 774 837 Nigel Keen, Chairman nk@deltexmedical.comAndy Hill, Chief Executive ah@deltexmedical.comEwan Phillips, Finance Director ep@deltexmedical.com Gavin Anderson & Company 0207 554 1400 Deborah Walter dwalter@gavinanderson.co.ukRobert Speed rspeed@gavinanderson.co.uk Charles Stanley Securities 020 7149 6457 Philip Davies philip.davies@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 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 over 1,250 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 CardioQ which 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. This information is provided by RNS The company news service from the London Stock Exchange
Date   Source Headline
31st Oct 201312:00 pmRNSAdditional Listing
28th Oct 20133:27 pmRNSHolding(s) in Company
25th Oct 20133:01 pmRNSHolding(s) in Company
23rd Oct 20137:00 amRNSAdditional Dedicated Trainer Hospital in USA
23rd Oct 20137:00 amRNSFDA approves CardioQ-ODM+
23rd Sep 20137:00 amRNSPrivate Investor Event
10th Sep 20137:00 amRNSInterim Results
8th Aug 20137:00 amRNSNotice of Results
1st Aug 20137:00 amRNSUS Authorities Publish ODM Payment Instructions
26th Jul 20133:02 pmRNSAdditional Listing
9th Jul 20139:00 amRNSPre-Close Update
4th Jul 20137:00 amRNSPositive Study from St Thomas's Hospital
25th Jun 201311:30 amRNSIssue of Equity
25th Jun 201311:10 amRNSDirector/PDMR Shareholding
24th Jun 20137:00 amRNSFDA submission completed for CardioQ-ODM+
19th Jun 20137:00 amRNSPremier Update: Successful Pilot Study
18th Jun 20134:11 pmRNSManchester One2One Investors Forum - June 26
30th May 20137:00 amRNSClinical Guidelines for Anaesthetists in France
17th May 201310:25 amRNSDirector/PDMR Shareholding
1st May 20138:47 amRNSResult of AGM
30th Apr 20137:00 amRNSAGM Statement
24th Apr 20135:44 pmRNSHolding(s) in Company
23rd Apr 20138:51 amRNSHolding(s) in Company
12th Apr 20133:23 pmRNSDirector Shareholding and Additional Listing
12th Apr 201312:42 pmRNSDirector/PDMR Shareholding - Replacement
12th Apr 20137:00 amRNSDirector/PDMR Shareholding
10th Apr 20137:00 amRNSUS Govt body grants unique payment code for ODM
25th Mar 20137:00 amRNSFinal Results
18th Mar 20137:00 amRNSOutstanding Achievement Award
4th Feb 20131:42 pmRNSHolding(s) in Company
28th Jan 201310:06 amRNSHolding(s) in Company
23rd Jan 201312:39 pmRNSDirector/PDMR Shareholding
18th Jan 201311:20 amRNSPlacing to raise £2.5 million
8th Jan 20137:00 amRNSPre-close update
24th Dec 20127:00 amRNSNHS sets requirements for Fluid Management
10th Dec 20127:00 amRNSNew study supports the importance of ODM
29th Nov 20127:00 amRNSStudy reinforces CardioQ-ODM competitive advantage
31st Oct 20129:52 amRNSDirector/PDMR Shareholding
25th Oct 20124:47 pmRNSAdditional Listing
23rd Oct 20127:00 amRNSNHS South Innovation Plan
19th Oct 20127:00 amRNSEnhanced Recovery Update
10th Oct 20124:25 pmRNSGrant of options
10th Oct 20124:23 pmRNSIssue of Equity and TVR
19th Sep 20127:00 amRNSInterim Results
9th Aug 20128:23 amRNSHolding(s) in Company
6th Jul 20127:00 amRNSPre-close update on six months ended 30 June 2012
3rd Jul 20127:00 amRNSERP backs wide adoption of CardioQ-ODM
29th Jun 201210:13 amRNSDirector/PDMR Shareholding
22nd May 20124:54 pmRNSIssue of Equity
2nd May 20121:00 pmRNSResult of AGM

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