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Pin to quick picksInspiration Hlt Regulatory News (IHC)

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Launch of SLE1500 Non-Invasive Ventilator

2 Nov 2023 07:00

RNS Number : 0877S
Inspiration Healthcare Group PLC
02 November 2023
 

 

Inspiration Healthcare Group plc

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

 

Launch of SLE1500 Non-Invasive Ventilator

Strengthens portfolio and expands access to neonatal respiratory market

 

Inspiration Healthcare Group plc (AIM: IHC), the global medical technology company pioneering best-in-class, specialist neonatal intensive care medical devices, announces the launch of the SLE1500, the latest addition to its specialist neonatal ventilator range. The SLE1500 is a compact respiratory support system that provides non-invasive ventilation ("NIV") modes to meet the needs of the smallest and most vulnerable neonatal patients requiring respiratory support, helping to protect their fragile lungs. 

 

NIV is considered the gold standard of care for preterm infants with respiratory distress syndrome (RDS)1 and is gradually becoming the first choice for respiratory support2. The SLE1500 has been specifically designed to meet the special needs of some of the most vulnerable babies, starting in the delivery room, to augment their first breaths of life and as they move through their stay in neonatal intensive care. The SLE1500 system offers six non-invasive delivery options in one machine; nasal Continuous Positive Airway Pressure (nCPAP) both flow and pressure controlled, high flow oxygen therapy, and manual flow for use with therapies like bubble CPAP, all of which can be augmented with Pulse Oximetry (SpO2) and / or automatic oxygen control (auto FiO2) through OxyGenie®. Oxygenie®, the Company's patented algorithmic oxygen controller, provides second by second control of oxygenation, allowing the baby to spend more time in its target oxygen saturation and staff to spend more time caring for the infant, thus improving outcomes.3

 

Neil Campbell, CEO of Inspiration Healthcare, commented: "We are delighted to extend our differentiated best-in-class ventilator product range with the launch of our new SLE1500 respiratory support system, which will enable us to support more babies. The need for non-invasive ventilation is paramount for the effective treatment and care of the smallest and most vulnerable neonates. The SLE1500 strengthens our ventilator product range and complements our range of respiratory consumables allowing us to offer better solutions to our customers worldwide.

 

"Our initial launch is focused on the UK and Australia, with other market introductions due to follow, subject to regulatory approvals. We are excited about the potential for the SLE1500, which demonstrates a key part of our growth strategy and our continued R&D commitment to pioneer innovative technologies to help save lives daily."

 

1.Non-invasive ventilatory support in neonates: An evidence-based update Paediatric Respiratory Reviews Volume 44, December 2022, Pages 11-18 Ramadan A. Mahmoud , Gerd Schmalisch , Abhishek Oswal, Charles Christoph Roehr

2.Non-invasive Respiratory Support in Neonates: A Review of Current Evidence and Practices Indian J Pediatr. 2021; 88(7): 670?678.Rajendra Prasad Anne1 and Srinivas Murki

3.The effect of automated oxygen control on clinical outcomes in preterm infants: a pre- and post-implementation cohort study European Journal of Pediatrics (2021) 180:2107?2113 H. H. Salverda, N. J. Oldenburger1 & M. Rijken, S. C. Pauws P. A. Dargaville, A. B. te Pas1 

For further information, please contact:

 

Inspiration Healthcare Group plc

Tel: +44 (0)330 175 0000

Neil Campbell, Chief Executive Officer

Alan Olby, Chief Financial Officer

Walbrook PR Ltd (Media and Investor Relations)

Tel: +44 (0)20 7933 8780 or inspirationhealthcare@walbrookpr.com

Anna Dunphy

Mob: +44 (0) 7876 741 001

Stephanie Cuthbert

Mob: +44 (0) 7796 794 663

Louis Ashe-Jepson

Mob: +44 (0) 7747 515 393

 

About Inspiration Healthcare

 

Inspiration Healthcare (AIM: IHC) is a global provider of medical technology for use in neonatal intensive 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.

 

The Company has key own brand products that can be used within the first days of life to help premature and sick babies; helping resuscitation and stabilisation in the first moments of life through to preventing brain damage and both invasive and non-invasive respiratory support in terms of capital equipment and disposable medical devices. Additionally, the Company has its own range of products for maintaining normothermia pre, during and post-surgery.

 

Since September 2019, the Company has acquired Vio Holdings a designer, manufacturer and supplier of single use respiratory products and sterile medical consumables and S.L.E., a leading designer, manufacturer and global provider of neonatal ventilation products. The Group generates approximately 58% of its revenues from export markets and more than half of its revenues come from its own-branded products.

 

With product availability actively promoted to over 80 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 Group has direct sales teams selling Group 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.

 

The Group operates from various sites in the UK for R&D, Marketing and operations with manufacturing based in Croydon (south London) and Hailsham (East Sussex). The Group's Head Office is located in Crawley, a short distance from London's Gatwick Airport.

 

Further information on Inspiration Healthcare can be found at www.inspirationhealthcaregroup.com

 

 

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NRAEASFFEEDDFFA
Date   Source Headline
17th May 20217:00 amRNS£1.25m Ventilator Order received from China
29th Apr 20217:00 amRNSQueen’s Award for Enterprise for SLE Ltd
29th Apr 20217:00 amRNSTR1 Notification
27th Apr 20217:00 amRNSFinal Results
21st Apr 20217:00 amRNSSLE 6000 & OxyGenie® China approval &250k Order
19th Apr 20215:30 pmRNSTR1 Notification
19th Apr 20215:30 pmRNSTR1 Notification
19th Apr 20215:30 pmRNSTR1 Notification
29th Mar 20217:00 amRNSDistribution Agreement and MoU
16th Mar 20217:00 amRNSSLE 6000 & OxyGenie® Japan approval & £400k Order
23rd Feb 20212:10 pmRNSSecond Price Monitoring Extn
23rd Feb 20212:01 pmRNSPrice Monitoring Extension
23rd Feb 202111:06 amRNSSecond Price Monitoring Extn
23rd Feb 202111:01 amRNSPrice Monitoring Extension
18th Feb 20217:00 amRNSResults date and post period end update
15th Feb 20214:41 pmRNSSecond Price Monitoring Extn
15th Feb 20214:36 pmRNSPrice Monitoring Extension
15th Feb 20212:06 pmRNSSecond Price Monitoring Extn
15th Feb 20212:00 pmRNSPrice Monitoring Extension
15th Feb 202111:06 amRNSSecond Price Monitoring Extn
15th Feb 202111:01 amRNSPrice Monitoring Extension
15th Feb 20219:06 amRNSSecond Price Monitoring Extn
15th Feb 20219:00 amRNSPrice Monitoring Extension
11th Feb 20212:06 pmRNSSecond Price Monitoring Extn
11th Feb 20212:01 pmRNSPrice Monitoring Extension
25th Jan 20217:00 amRNSRevenue and Profit Upgrade
21st Jan 20217:00 amRNSExercise of options and Total Voting Rights
14th Jan 20217:00 amRNSTR1 Notification
2nd Dec 20207:00 amRNSEuropean Patent granted for Project WAVE
1st Dec 20201:16 pmRNSInspiration wins AIM Transaction of the Year Award
16th Nov 20207:00 amRNSProject WAVE MHRA Approval
29th Oct 20207:00 amRNSAppointment of Non-Executive Director
6th Oct 20207:00 amRNSInterim Results
23rd Sep 20207:00 amRNSAppointment of Dr. Peter Reynolds
22nd Sep 20207:00 amRNSNotice of Results and Nomination for AIM Awards
16th Sep 20207:00 amRNSVentilator deliveries total £7 million
10th Sep 20203:44 pmRNSTR1 Notification
8th Sep 20207:00 amRNSProject Wave- IRAS submission
26th Aug 202012:12 pmRNSTR1 Notification
20th Aug 20207:00 amRNSUpdate on Ventilator Delivery to the NHS
11th Aug 20207:00 amRNSTrading Update
29th Jul 202011:58 amRNSTR1 Notification
9th Jul 20201:32 pmRNSTR1 Notification
9th Jul 202011:20 amRNSTR1 Notification
9th Jul 202011:17 amRNSTR1 Notification
9th Jul 202011:16 amRNSTR1 Notification
9th Jul 202011:15 amRNSTR1 Notification
9th Jul 202011:15 amRNSTR1 Notification
9th Jul 202011:06 amRNSTR1 Notification
7th Jul 202012:03 pmRNSTR1 Notification

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