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Product Update

16 Mar 2006 07:01

Deltex Medical Group PLC16 March 2006 Deltex Medical Group plc Liver surgery audit demonstrates benefits of CardioQ 16 March 2006 Deltex Medical Group plc ('Deltex Medical' or the 'Company'), theAIM listed haemodynamic monitoring company, today announces the preliminaryfindings from an audit of the use of the Company's CardioQ(TM) monitor in liversurgery. Major liver surgery carries with it the risk of severe blood loss requiringtransfusion of whole blood or elements derived from whole blood ('bloodproducts'). Patients undergoing liver surgery frequently experiencecomplications related to the need for transfusion that can markedly extendlength of stay. Doctors and managers at a European teaching hospital undertook an audit of theuse of the CardioQ in ten patients undergoing major liver surgery and comparedthe use of disposable equipment, whole blood and blood products for thesepatients with historical averages. Overall, use of whole blood and blood products was significantly less on averagefor the monitored group. Cost savings, taking into account the cost of theDeltex Medical probe and the reduction in whole blood, blood products andancillary equipment used, but excluding savings from length of stay reduction,were approximately €3,500 per patient. Deltex Medical's Chief Executive, Andy Hill, commented: "This work in liver surgery represents a new and different approach to the useof the CardioQ. In this application the primary goal is to safely manipulate apatient's haemodynamic status in order to minimise blood loss and the resultantneed for blood transfusion. "There are approximately 80,000 patients every year in Europe alone who couldbenefit enormously from this approach if it were adopted as a standard of care,and there is the additional potential for substantial cost savings at hospitals." 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 DynamicsDavid Yates david.Yates@fd.com 0207 831 3113John Gilbert john.gilbert@fd.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 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
13th Jan 20107:00 amRNSPre-Close Update
30th Dec 20097:02 amRNSAdditional Listing
30th Dec 20097:01 amRNSDirector/PDMR Shareholding
30th Dec 20097:00 amRNSGrant of options
30th Nov 20097:00 amRNSTotal Voting Rights
17th Nov 20097:00 amRNSODM recommended by international clinic
17th Nov 20097:00 amRNSNHS Trust wins award for implementation of ODM
16th Nov 200911:51 amRNSHolding(s) in Company
12th Nov 20094:24 pmRNSAdditional Listing
6th Nov 200911:52 amRNSHolding(s) in Company
3rd Nov 200910:04 amRNSHolding(s) in Company
3rd Nov 20097:00 amRNSDirector/PDMR Shareholding
30th Oct 200911:03 amRNSResult of Meeting
15th Oct 20097:01 amRNSCardioQ-ODM used as gold standard
15th Oct 20097:00 amRNSNHS National Technology Adoption Centre Update
14th Oct 20091:58 pmRNSConditional raising to raise ?2.0 million
21st Sep 200910:56 amRNSSpanish colorectal surgery update
14th Sep 200911:51 amRNSItalian Medical Study
10th Sep 200911:13 amRNSDirector Dealings
3rd Sep 20097:03 amRNSDirectorate Change
3rd Sep 20097:00 amRNSInterim Results
3rd Aug 200911:13 amRNSHolding(s) in Company
29th Jul 20091:21 pmRNSCardioQ-ODM established as a gold standard
24th Jul 20094:03 pmRNSHolding(s) in Company
20th Jul 20097:00 amRNSTrading Statement
2nd Jul 200912:05 pmRNSDirector/PDMR Shareholding
30th Jun 20093:16 pmRNSExercise of Options
30th Jun 20093:12 pmRNSTotal Voting Rights
12th Jun 200910:28 amRNSExercise of options
12th Jun 20099:28 amRNSNon-Executive Directors' Shareholdings
12th Jun 20099:22 amRNSGrant of options
13th May 20091:54 pmRNSAGM Results
13th May 200911:00 amRNSChairman's statement to Annual General Meeting
24th Apr 20093:26 pmRNSAnnual Report and Accounts
3rd Apr 20099:22 amRNSDirectors' share dealings
30th Mar 20094:46 pmRNSDirectors' Share Dealings
4th Mar 20097:00 amRNSPreliminary Results
27th Feb 20097:00 amRNSFund Raising
12th Feb 200912:27 pmRNSResponse to NIHR report
22nd Jan 20097:00 amRNSChange of Adviser
22nd Jan 20097:00 amRNSPre-close update on the year ended 31 Dec 2008
3rd Dec 20089:20 amRNSRe Contract
21st Nov 20087:00 amRNSStatement Re CardioQ-ODM
11th Nov 200810:53 amRNSHolding(s) in Company
7th Nov 20087:00 amRNSInvestor Open Day
6th Nov 20089:00 amRNSResult of Spanish CardioQ-ODM Audit
1st Oct 20087:00 amRNSCardioQ-ODM in Keyhole Surgery
16th Sep 20087:00 amRNSInterim Results
15th Sep 20087:00 amRNSUS HTA on pulmonary artery catheters
3rd Sep 20087:00 amRNSCardioQ Update

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