If you would like to learn more about future focusIR related events and roundtables, please submit your details here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksInspiration Hlt Regulatory News (IHC)

Share Price Information for Inspiration Hlt (IHC)

Share Price is delayed by 15 minutes
Get Live Data
19.50    0.00 (0.00%)
Bid:
19.00
Ask:
20.00
Spread: 1.00 (5.263%)
Market Cap: £17.48m
IHC Live PriceLast checked at - London Stock Exchange

Intraday Inspiration Hlt Share Chart

Distribution agreement for AIHL test

24 Apr 2020 07:00

RNS Number : 7232K
Inspiration Healthcare Group PLC
24 April 2020
 

 

 

Inspiration Healthcare Group plc

("Inspiration Healthcare", the "Company" or the "Group")

 

 

 Inspiration Healthcare to distribute genedrive's Antibiotic Induced Hearing Loss test in UK and Ireland

 

 

Inspiration Healthcare Group plc (AIM: IHC), the global medical technology company, is pleased to announce that it has entered into a contract with genedrive plc (AIM: GDR), the near patient molecular diagnostics company, to distribute its Antibiotic Induced Hearing Loss test (Genedrive® MT-RNR1) in the UK and Ireland. It is expected that the scope of the contract between genedrive and Inspiration Healthcare will be expanded over time to engage Inspiration Healthcare's specialty network of over 50 neonatal focussed sub-distributors around the world.

 

Neil Campbell, Chief Executive Officer of Inspiration Healthcare commented "We are delighted to be able to work with genedrive plc with this novel testing device for new born babies that could suffer hearing loss due to anti-biotics given to them on admission into neonatal intensive care. Our focus has always been products that can have a profound effect on the patient outcome and we look forward to working with genedrive to make this test the standard of care in the UK and the wider neonatal community around the world."

 

The Genedrive® MT-RNR1 test is the world's first point-of-care genetic test designed for use in a neonatal intensive care setting. The test screens newborns for a genetic mutation called mt-RNR1 that can cause lifelong and irreversible deafness to a child upon administration of certain antibiotics. In the UK, 90,000 babies are admitted to NICU units each year, and 80-85% of them receive antibiotics. Genedrive's rapid genetic test can be completed in less than 30 minutes, allowing for correct treatment decision on antibiotics to be made within one hour of admission, as required by the UK's National Institute of Clinical Excellence (NICE)

 

David Budd, Chief Executive Officer of genedrive plc, said: "Our agreement with Inspiration Healthcare combines genedrive's innovative first-to-market AIHL product, with a thought leading healthcare company with a specialist emphasis on neonatal care. Inspiration Healthcare has a strong track record in the introduction of new technologies and over many years they have developed an extensive network of key opinion leaders that will be very beneficial as we bring the Genedrive AIHL test to market together."

 

Enquiries:

Inspiration Healthcare Group plc

Neil Campbell, Chief Executive Officer

Mike Briant, Chief Financial Officer

Jon Ballard, Financial Controller

Tel: 01455 840555

 

Nominated Adviser & Broker

Cenkos Securities plc

Mark Connelly

Stephen Keys

Cameron MacRitchie

Tel: 0207 397 8900

 

Cadogan PR

Alex Walters

alex.walters@cadoganpr.com

Tel: 07771 713608

 

 

About Inspiration Healthcare http://www.inspiration-healthcare.com

 

Inspiration Healthcare is a global provider of medical technology for use in critical care & operating theatres. The Company provides high quality innovative products to patients around the world which help to improve patient outcomes and it actively invests in innovative product opportunities and disruptive technologies.

 

Through investment in research and development the Company has 6 key own brand products that can be used within the first 6 hours of life to help premature and sick babies; helping with assessment, resuscitation, stabilisation as well as preventing brain damage. Additionally the Company has its own range of products for maintaining normothermia pre, during and post-surgery.

 

With product availability extending to over 50 countries through a distribution network, Inspiration Healthcare's success has been built on continuous innovation, excellent customer service and an inherent commitment to improving patient outcomes, working in close collaboration with key opinion leaders across the globe. In the UK and Ireland the Company has a direct sales team selling Inspiration Branded and complementary products from third parties, with an additional range of home healthcare products. This is supported by Technical Support for planned preventative maintenance and emergency assistance. Further information on Inspiration Healthcare can be seen at www.inspiration-healthcare.com

 

About genedrive plc (http://www.genedriveplc.com)

 

genedrive plc is a molecular diagnostics company developing and commercialising a low cost, rapid, versatile, simple to use and robust point of need molecular diagnostics platform for the diagnosis of infectious diseases and for use in patient stratification (genotyping), pathogen detection and other indications. The Company has assays on market for the detection of HCV, certain military biological targets, Antibiotic Induced Hearing Loss, and has tests in development for tuberculosis (mTB) and SARS-CoV-2.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
AGRFFFVISEIVFII
Date   Source Headline
14th Feb 201210:00 amRNSExercise of the Skygourmet Call Option
10th Feb 201212:41 pmRNSDirectors' shareholdings
2nd Feb 201212:00 pmRNSNotice of EGM
18th Jan 20122:45 pmRNSProposed Cancellation of Company's Shares on AIM
16th Jan 201211:06 amRNSHolding(s) in Company
6th Jan 20127:00 amRNSDirectors' shareholdings
22nd Dec 20113:20 pmRNSDirectors' shareholdings
19th Dec 20111:10 pmRNSExercise of the call option
19th Dec 201111:17 amRNSAudit Committee Chairman
13th Dec 20115:06 pmRNSGrant of Options
9th Dec 20114:57 pmRNSInterim Results
8th Dec 201110:14 amRNSDirectorate Change
31st Oct 20114:28 pmRNSResult of AGM
17th Oct 20114:31 pmRNSHolding(s) in Company
29th Sep 20116:14 pmRNSNotice of AGM
29th Sep 20116:14 pmRNSFinal Results
29th Sep 20117:00 amRNSInterim Results
31st Aug 20117:00 amRNSNICE supports Inditherm's patient warming mattress
28th Jul 20117:00 amRNSNotice of Results
12th May 20114:55 pmRNSHolding(s) in Company
5th May 20111:23 pmRNSResult of AGM
11th Apr 20115:08 pmRNSHolding(s) in Company
6th Apr 20119:50 amRNSPublication of 2010 Report and Accounts
4th Apr 20112:41 pmRNSHolding(s) in Company
31st Mar 20117:00 amRNSPreliminary Results
29th Mar 20119:02 amRNSHolding(s) in Company
24th Feb 20119:41 amRNSHolding(s) in Company
22nd Feb 201112:06 pmRNSHolding(s) in Company
7th Feb 20117:00 amRNSNotice of Final Results
24th Jan 20113:37 pmRNSHolding(s) in Company
6th Jan 20117:00 amRNSAnnouncement of Special Dividend
4th Jan 201112:50 pmRNSHolding(s) in Company
29th Dec 20104:17 pmRNSDirectorate Change
29th Dec 20101:12 pmRNSInterim Results
20th Dec 201012:28 pmRNSHolding(s) in Company
13th Dec 201012:40 pmRNSInditherm Industrial Process Solutions
7th Dec 20104:57 pmRNSHolding(s) in Company
25th Nov 20104:02 pmRNSHolding(s) in Company
11th Nov 20107:58 amRNSAgreement with Gategroup
22nd Oct 201012:32 pmRNSHolding(s) in Company
22nd Oct 201012:32 pmRNSHolding(s) in Company
4th Oct 201010:33 amRNSHolding(s) in Company
30th Sep 20104:19 pmRNSFinal Results and Annual Report and Accounts
23rd Sep 20107:00 amRNSInterim Results
9th Aug 20105:18 pmRNSHolding(s) in Company
29th Jul 201012:52 pmRNSReminder of Expiry of Warrants
27th Jul 20107:00 amRNSNotice of Results
6th May 20104:02 pmRNSIHC Secures Additional Funding
6th May 20101:11 pmRNSAGM Resolutions
27th Apr 20102:39 pmRNSDirectorate Change

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.