Less Ads, More Data, More Tools Register for FREE

Pin to quick picksDeltex Medical Regulatory News (DEMG)

  • There is currently no data for DEMG

Two new US platform programme accounts opened

23 Nov 2015 07:00

RNS Number : 5420G
Deltex Medical Group PLC
23 November 2015
 

23 November 2015

 

Deltex Medical Group plc

("Deltex Medical" or "the Company")

 

 

Two new US platform programme accounts opened

 

Deltex Medical Group plc (AIM: DEMG), the global leader in oesophageal Doppler monitoring ("ODM"), is pleased to announce that it has added two further new accounts to its platform programme in the USA.

 

The first new account is a major teaching hospital in the mid-west region of the USA and is the second platform programme account in the Great Lakes sales territory which the Company established in the first quarter of 2015.

 

The hospital has indicated that it intends to purchase at least 40 probes per month during its initial implementation phase, which the Company expects to increase as the technology is more widely adopted. Approximately 20 probes per month are scheduled to be used in the hospital's breast reconstruction surgical protocols to be launched in January 2016.

 

The second new account is a large hospital in Washington State. It is the fourth platform programme account in the North-West sales territory, and the fourth platform programme account from the 26 strong hospital system with which the Company implemented a system-wide procurement framework agreement in January 2015. The agreement requires each hospital that participates to commit to purchase at least 30 adult surgical probes a month. The three existing accounts are all on track to get to 100 or more probes per month: they are each now regularly purchasing 50 to 65 probes per month having started their implementation programmes at 30 to 35 probes a month. This fourth new account's first order was for 50 probes.

 

The new account contains a full service children's hospital with a large regional catchment area. Following a successful evaluation of the Company's newly launched paediatric probes, the Company has entered discussions with the hospital system to expand the purchasing agreement to include paediatric probes.

 

These are the third and fourth new platform programme accounts that Deltex has secured in the last three months bringing the total number of US platform accounts to 15, including nine new ones in the year to date, further illustrating the success of the Company's ongoing strategy to focus on the USA and develop it as our key market.

 

Ewan Phillips, Deltex Medical's Chief Executive, commented:

 

"The USA continues to be an increasingly important market for us and we see it moving towards becoming our key territory for development as adoption rates continue to outperform our other areas of focus. We look forward to working with the teams at both these new accounts and are pleased to have the eighth and ninth accounts added to our US platform programme this year and the fourteenth and fifteenth in total. Deltex Medical is now half way towards our current goal of 30 US hospitals on our platform programme by mid-2016."

 

 

For further information, please contact:-

 

Deltex Medical Group plc

01243 774 837

investorinfo@deltexmedical.com

Nigel Keen, Chairman

 

Ewan Phillips, Chief Executive

 

Jonathan Shaw, Finance Director

Barry Curtis, Company Secretary

 

 

 

Nominated Adviser & Broker

 

Arden Partners plc

020 7614 5900

Chris Hardie

 

 

Joint Broker

Zeus Capital Limited

Phil Walker

Dominic Wilson

 

 

020 3829 5000

 

Financial Public Relations

 

IFC Advisory

0203 053 8671

Tim Metcalfe

Graham Herring

Heather Armstrong

 

 

 

 

Notes for Editors

 

Deltex Medical manufactures and markets haemodynamic monitoring technologies. Deltex Medical's ODM is the only technology to measure blood flow in the central circulation in real time. Minimally invasive, easy to set up and quick to focus, the technology generates a low-frequency ultrasound signal, which is highly sensitive to changes in flow and measures them immediately. Deltex has been the only company in the enhanced haemodynamic space to build a robust and credible evidence base proving the clinical and economic benefits of its core technology, ODM. Randomised, controlled trials using Doppler have demonstrated that early fluid management intervention will reduce post-operative complications, reduce intensive care admissions, and reduce the length of hospital stay.

 

During 2013, the Company launched the CardioQ-ODM+ monitor that offers clinicians both of the two best-established technologies, Deltex Medical's ODM technology as well as Pulse Pressure Waveform Analysis ('PPWA') in one monitor. This allows clinicians to have unique real time insights into each of flow, pressure and resistance, the three pillars of haemodynamics.

 

Company goal

ODM is increasingly recognised as a standard of care for patients undergoing major surgery and in critical care. The broader clinical area of haemodynamic management of which ODM is a core constituent is also now becoming widely accepted as an important major new medical modality. Consequently, the Company's focus is on maximising value from the opportunities presented as enhanced haemodynamic management is adopted into routine clinical practice around the world.

 

The Company is currently in the implementation phase of achieving this goal in a number of territories worldwide, operating directly in the UK, USA, Spain and Canada and through distribution arrangements in a further 30 countries.

 

There are over 3,200 monitors installed in hospitals around the world and over 600,000 patients have been treated to date using Deltex Medical's single patient disposable probes.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCFELESEFISEIF
Date   Source Headline
17th May 20187:00 amRNSAnnual Report and Notification of AGM
10th May 20187:00 amRNSInvestor Event
9th May 20187:00 amRNSTrueVueTM Loops display launched on CardioQ-ODM+
9th May 20187:00 amRNSResults for the year ended 31 December 2017
25th Apr 20187:00 amRNSNotice of results and FEDORA trial update
7th Mar 20183:51 pmRNSHolding(s) in Company
1st Mar 20187:00 amRNSODM reduces postoperative complications by 75%
20th Feb 20187:00 amRNSCardioQ-ODM+ wins Paris Hospital System Tender
12th Feb 20189:30 amRNSDirector dealing and issue of equity
9th Feb 20181:10 pmRNSResult of General Meeting
9th Feb 201810:12 amRNSResult of Offer and Additional Allotment
24th Jan 20185:17 pmRNSPosting of Circular
23rd Jan 20183:00 pmRNSResult of Oversubscribed Placing
23rd Jan 20187:00 amRNSPlacing, Subscription and Offer
17th Jan 20187:00 amRNSMajor New US Hospital Account
5th Jan 20187:00 amRNSTrading Update
24th Oct 20177:00 amRNSUS launch of TrueVue(TM) system
3rd Oct 20177:00 amRNSNew US hospital account
25th Sep 20177:00 amRNSShare Options
21st Sep 20177:00 amRNSRelease and first sale of HD-ICG in France
11th Sep 20177:00 amRNSInterim Results
31st Aug 20177:00 amRNSNotice of Interim Results
31st Aug 20177:00 amRNSInvestor Event
2nd Aug 201712:59 pmRNSHolding(s) in Company
28th Jul 201711:10 amRNSHolding(s) in Company
27th Jul 20175:24 pmRNSHolding(s) in Company
21st Jul 20177:01 amRNSShare placing
21st Jul 20177:00 amRNSPre-close Trading Update
13th Jun 20179:30 amRNSDirector/PDMR Shareholding
9th Jun 20171:25 pmRNSResult of AGM
9th Jun 20177:00 amRNSExcellent Results from New Trial
9th Jun 20177:00 amRNSAGM Statement
31st May 20177:00 amRNSPatent Grant
26th May 20177:00 amRNSLaunch of ODMV+ system for veterinary anaesthesia
4th May 20177:00 amRNSNew Functionality on CardioQ-ODM+ Monitor Platform
3rd May 20172:20 pmRNSExercise of Options
3rd May 20172:15 pmRNSPublication of Annual Report & Notification of AGM
27th Apr 20177:01 amRNSDeltex awarded EU Horizon 2020 Phase 1 grant
27th Apr 20177:00 amRNSResults for the year ended 31 December 2016
20th Apr 201712:25 pmRNSInvestor open day and notice of results
4th Apr 201711:51 amRNSExercise of Options
28th Mar 20176:05 pmRNSHolding(s) in Company
22nd Mar 20177:15 amRNSGrant of Options
22nd Mar 20177:00 amRNSShare Issues
23rd Feb 20177:00 amRNSNew Monitor Sales in USA and UK
25th Jan 20177:00 amRNSSouth Korean broadens ODM reimbursement
18th Jan 20177:00 amRNSTwo additional US platform programme accounts
18th Jan 20177:00 amRNSTrading Update
30th Nov 20167:00 amRNSAdditional US platform programme account
4th Nov 20167:00 amRNSNHS hospital invests in ODM equipment

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.