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Product Update

4 May 2005 07:00

Deltex Medical Group PLC04 May 2005 Deltex Medical Group plc CardioQ reduces hospital stay by 2 days in colorectal surgery patients 4 May 2005: Deltex Medical Group plc ("Deltex Medical" and the "Company"),today announces the results of a double-blinded prospective randomisedcontrolled clinical trial using its CardioQ(TM) haemodynamic monitoring system on post-operative colorectal patients. The trial was undertaken by surgeons and anaesthetists at the Freeman Hospitalin Newcastle-upon-Tyne. The first results to come from the study were presentedthis week at the American Society of Colon and Rectal Surgeons meeting inPhiladelphia. In the trial 108 patients undergoing elective colorectal surgerywere divided into two groups of 54 each. The control group were given fluidsperi-operatively at the anaesthetist's discretion whereas the treatment groupwere given fluids based on an algorithm guided by the CardioQ. The statistically significant results of the study presented in Philadelphiaincluded a reduction in major post surgical complications in the CardioQ groupwith only 1% of patients suffering such a complication compared to 13.7% in thecontrol group. The average (median) hospital stay was seven days for CardioQpatients compared to nine days in the control group. Further details areexpected to be given at future clinical meetings and on publication of the fullstudy results. The trial concluded that fluid optimisation using the CardioQleads to shorter hospital stays and a decrease in major morbidity withconsequent major implications for the management of patients in fast-trackregimens. Deltex Medical's Chief Executive, Andy Hill commented: "The results of this study have a number of important implications for theCompany. The study adds to the substantial amount of positive evidencesupporting the use of the CardioQ in moderate and major surgery in general and,following a similar study from Worthing Hospital announced last September, incolorectal surgery as a stand-alone speciality. This allows us to market thebenefits of the CardioQ in the treatment of bowel cancer as well as inperi-operative anaesthesia. "As the study was the first one using the CardioQ to be led by surgeons ratherthan anaesthetists, its findings should reach a wider audience than previousstudies at a time when colorectal surgeons are being increasingly scrutinisedwith regard both to the quality of outcome for their patients and the total costof the patient's surgery and hospital stay." For further information, please contact:- Deltex Medical Group plc 01243 774 837Nigel Keen, ChairmanAndy Hill, Chief ExecutiveEwan Phillips, Finance Director Financial Dynamics 0207 831 3113David YatesLucy Briggs 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 amountof circulating 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 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. This information is provided by RNS The company news service from the London Stock Exchange
Date   Source Headline
21st Feb 20257:00 amRNSCancellation - Deltex Medical Group Plc
12th Feb 20251:26 pmRNSResult of General Meeting
11th Feb 20256:09 pmRNSHolding in Company
11th Feb 20254:29 pmRNSHolding(s) in Company
10th Feb 20257:00 amRNSHolding in Company
5th Feb 202510:35 amRNSHolding(s) in Company
29th Jan 20253:07 pmRNSHolding(s) in Company
21st Jan 20257:00 amRNSProposed cancellation of trading on AIM
20th Jan 20254:28 pmRNSHolding(s) in Company
20th Jan 20257:00 amRNSHolding(s) in Company
16th Jan 20257:00 amRNSYear-end trading update and proposed cancellation
2nd Dec 20243:20 pmRNSHolding in Company
23rd Sep 20247:00 amRNSInterim results to 30 June 2024
11th Jul 202412:29 pmRNSHolding in Company
10th Jul 202411:46 amRNSHolding in Company
4th Jul 20247:00 amRNSHalf-year Trading Update
12th Jun 20247:00 amRNSNew share plans and grant of share options
4th Jun 20247:00 amRNSAward to NHS Supply Chain Framework Agreement
8th May 202412:50 pmRNSResult of Annual General Meeting
8th May 20247:00 amRNSChairman’s Statement to the Annual General Meeting
8th Apr 20245:03 pmRNSHolding(s) in Company
8th Apr 20247:00 amRNSPosting of Annual Report & Notice of AGM
28th Mar 20247:00 amRNSResults for the year ended 31 December 2023
2nd Feb 20245:11 pmRNSHolding(s) in Company
31st Jan 20245:00 pmRNSTotal Voting Rights
18th Jan 20245:01 pmRNSIssue of Equity
18th Jan 20247:00 amRNSYear-end trading update
4th Dec 20237:00 amRNSCommercial update, board changes & new auditor
18th Sep 20237:00 amRNSInterim results to 30 June 2023
31st Aug 20235:00 pmRNSTotal Voting Rights
2nd Aug 20236:23 pmRNSHolding(s) in Company
2nd Aug 20235:32 pmRNSHolding(s) in Company
2nd Aug 20238:00 amRNSFundraising completion, trading restoration & TVR
2nd Aug 20237:30 amRNSRestoration - Deltex Medical Group PLC
1st Aug 202310:04 amRNSResult of General Meeting
24th Jul 20237:00 amRNSResult of Retail Offer
18th Jul 20234:47 pmRNSExtension of Retail Offer Closing Time
14th Jul 20236:03 pmRNSRetail offer to raise up to £500,000
14th Jul 20236:01 pmRNSPlacing, Subscription and Retail Offer
10th Jul 20237:00 amRNSRelease of new next generation TrueVue System
6th Jul 20237:13 amRNSHalf-year Trading Update & Potential Fundraise
26th Jun 20237:30 amRNSSuspension - Deltex Medical Group PLC
26th Jun 20237:00 amRNSTrading update and suspension of trading on AIM
19th May 20231:35 pmRNSHolding(s) in Company
17th May 20233:24 pmRNSResult of AGM
17th May 20237:00 amRNSChairman’s Statement to the Annual General Meeting
28th Apr 20235:00 pmRNSTotal Voting Rights
25th Apr 20237:00 amRNSNew monitor launch update & new loan facility
11th Apr 20235:43 pmRNSIssue of Equity
30th Mar 20237:00 amRNSResults for the year ended 31 December 2022

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