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Product Update

24 Jun 2005 07:00

Deltex Medical Group PLC24 June 2005 24 June 2005 Deltex Medical Group plc ('Deltex Medical' / 'Company') Leading doctors group puts CardioQTM at the heart of improving surgical outcomes in the UK NHS Deltex Medical today announces the publication by an independent group of theUK's leading doctors of a pamphlet entitled "Modernising Care for PatientsUndergoing Major Surgery: Improving Patient Outcomes and Increasing ClinicalEfficiency". The pamphlet notes that at least 20,000 NHS patients a year die after surgeryand that many of these die due to out-dated standards of care before, during andafter surgery. Patients having moderate and major surgery in the NHS are threeor four times more likely to die than equivalent patients in other developedcountries. The doctors, who include some of the UK's leading surgeons, anaesthetists andintensive care specialists, advocate a three-step evidence-based solution to theproblems: firstly the implementation of fluid optimisation of patients duringtheir surgery, secondly the provision of the appropriate levels of care in thecrucial post-operative period, and thirdly the introduction of rigorouspre-operative fitness testing to ensure that care plans are tailored to theindividual patient's need. The first step, fluid optimisation (ensuring that the patient has sufficientcirculating blood volume), can be implemented easily and cheaply without anychanges to current care pathways or staffing levels; it means patients leaveoperating theatres in better condition, suffering fewer post-operativecomplications and therefore spend less time in critical care and on the wards.The beds and staff freed up can then be redeployed to provide intermediatelevels of post-operative care. Deltex Medical's CardioQ is the only technologyavailable today which offers surgeons a proven solution in operating theatres tothe near universal problem of hypovolaemia (a shortage of circulating bloodvolume) and the post-operative complications it causes. Deltex Medical's Chief Executive, Andy Hill commented: "Fifteen thousand or more patients are dying unnecessarily in the NHS each yearafter surgery - fifteen times more than die from hospital acquired infectionslike MRSA. Many tens of thousands more patients suffer avoidable complicationsand unnecessarily long and difficult recoveries following their surgery. Fluidoptimisation of moderate and major risk surgical patients alone could more thanhalve the numbers of patients dying. We know that implementing intra-operativefluid optimisation using the Company's CardioQ would save the NHS many hundredsof millions of pounds every year, thereby freeing up the resources to allow theNHS to once more provide world class care to about one million higher riskpatients every year." For further information, please contact:- Deltex Medical Group plc 01243 774 837Nigel Keen, Chairman nigel.keen@deltexmedical.comAndy Hill, Chief Executive andy.hill@deltexmedical.comEwan Phillips, Finance Director ewan.phillips@deltexmedical.com Financial Dynamics 0207 831 3113David Yates david.Yates@fd.comLucy Briggs lucy.briggs@fd.com A conference call for analysts will be held at 9.30am UK time today. Pleasecall Lucy Briggs on 020 7269 7223 for details. 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
22nd Jun 20077:01 amRNSAdditional Listing
19th Jun 20073:02 pmRNSHolding(s) in Company
14th Jun 20074:02 pmRNSAdditional Listing
7th Jun 20077:03 amRNSNew CardioQ Data
5th Jun 20077:02 amRNSUS Reimbursement Update
31st May 20078:49 amRNSTotal Voting Rights
23rd May 20077:32 amRNSUS Reimbursement Coverage
22nd May 20078:31 amRNSAdditional Listing
3rd May 20071:06 pmRNSIssue of Equity
3rd May 200710:25 amRNSAGM Statement
12th Apr 20077:01 amRNSUCLH adopts CardioQ
28th Mar 20078:00 amRNSHealth Technology Assessment
21st Mar 20072:53 pmRNSHolding(s) in Company
15th Mar 20077:05 amRNSUS Government HTA Published
15th Mar 20077:01 amRNSFinal Results
9th Mar 200712:35 pmRNSHolding(s) in Company
2nd Mar 20073:56 pmRNSDeltex SupraQ Demo Invite
28th Feb 20075:20 pmRNSTotal Voting Rights
27th Feb 20077:34 amRNSReimbursement Coverage in USA
22nd Feb 20071:10 pmRNSHolding(s) in Company
19th Feb 20079:30 amRNSSupraQ Progress
16th Feb 20077:00 amRNSSupraQ development & Placing
25th Jan 200712:33 pmRNSGerman Contract Win
22nd Jan 20073:15 pmRNSDirector/PDMR Shareholding
18th Jan 20077:52 amRNSContract Award
16th Jan 20077:01 amRNSTrading Statement
15th Jan 20079:31 amRNSFirst Maternity Unit Sales
4th Jan 20077:00 amRNSPublication of clinical study
3rd Jan 20077:00 amRNSHigh Risk Surgery Study
20th Dec 20068:37 amRNSTotal Voting Rights
19th Dec 20067:02 amRNSHospital Stay Length Results
18th Dec 20066:07 pmRNSHospital Stay Length Results
23rd Nov 20063:45 pmRNSDirector/PDMR Shareholding
23rd Nov 20063:05 pmRNSDirector/PDMR Shareholding
4th Oct 20067:01 amRNSPublication of clinical trial
28th Sep 200611:30 amRNSInterim Results
26th Sep 200610:58 amRNSSpinal Surgery Trial Results
26th Sep 20069:36 amRNSPositive Meta-analysis Result
18th Sep 20064:08 pmRNSHolding(s) in Company
18th Sep 200610:06 amRNSESCP Conference
18th Sep 20067:01 amRNSNew CardioQ. trial
31st Aug 20067:01 amRNSClinical Trial Results
25th Jul 20067:00 amRNSTrading Statement
15th Jun 20067:46 amRNSCardioQ Upgrade
25th May 20064:00 pmRNSDirector/PDMR Shareholding
22nd May 20061:18 pmRNSDirector/PDMR Shareholding
19th May 20064:26 pmRNSDirector/PDMR Shareholding
19th May 200612:49 pmRNSHolding(s) in Company
18th May 20066:14 pmRNSResult of Clinical Audit
3rd May 200612:33 pmRNSAGM/Trading Update

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