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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Creo Medical Group Plc | LSE:CREO | London | Ordinary Share | GB00BZ1BLL44 | ORD GBP0.001 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.35 | 1.01% | 35.10 | 35.00 | 36.00 | 36.75 | 35.50 | 36.00 | 380,957 | 16:35:23 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Surgical,med Instr,apparatus | 27.17M | -26.94M | -0.0746 | -4.76 | 128.24M |
TIDMCREO
RNS Number : 9927H
Creo Medical Group PLC
09 December 2020
Creo Medical Group plc
("Creo" or the "Company")
First clinical use of new Creo GI product
MicroBlate(TM) Fine device used for successful pancreatic tumour ablation
Creo Medical Group plc (AIM: CREO), the medical device company focused on the emerging field of surgical endoscopy, announces the first in-man clinical use of its MicroBlate(TM) Fine device, believed to be the world's smallest fine needle microwave ablation device available for clinical practice. The device was used to successfully ablate pancreatic tumour tissue under Endoscopic Ultrasound guidance, without any procedural complications.
The MicroBlate(TM) Fine device has the same dimensions as a routine biopsy needle, greatly reducing the risk of procedural bleeding and allowing very accurate targeting of microwave ablation in highly perfused organs such as the liver, kidney, lung as well as the pancreas.
Craig Gulliford, Chief Executive Officer of Creo, commented: " We are very pleased with the first in-man clinical use of the MicroBlate(TM) Fine device, bringing fine needle microwave ablation into clinical practice for the first time and in particular, as in this case, in the hands of GI physicians. This is a fantastic milestone for the Company and the entire Creo team. We look forward to further clinical firsts and regulatory announcements related to our increasing suite of GI devices. More importantly, however, this milestone has helped improve the outcome and made a difference to the life of another of our patients. "
This announcement contains price sensitive information.
Enquires:
Creo Medical Group plc investors.creomedical.com Richard Rees (CFO) +44 (0)1291 606 005 Cenkos Securities plc +44 (0)20 7397 8900 Stephen Keys / Camilla Hume (NOMAD) Michael Johnson / Russell Kerr (Sales) Walbrook PR Ltd Tel: +44 (0)20 7933 8780 or creo@walbrookpr.com Paul McManus / Lianne Cawthorne Mob: +44 (0)7980 541 893 / +44 (0)7515 909 238
About Creo Medical
Creo Medical, founded in 2003, is a medical device company focused on the development and commercialisation of minimally invasive surgical devices, by bringing advanced energy to endoscopy. The Company's mission is to improve patient outcomes by applying microwave and RF energy to surgical endoscopy. Creo has developed CROMA, an electrosurgical Advanced Energy Platform that combines bipolar radiofrequency for precise localised cutting and microwave for controlled coagulation. This technology provides clinicians with flexible, accurate and controlled surgical solutions.
The Company's strategy is to bring its CROMA Advanced Energy Platform powered by its unique full spectrum kamaptive technology to market, enabling a suite of medical devices which the Company has designed, initially for the emerging field of GI therapeutic endoscopy, an area with high unmet needs. The CROMA Advanced Energy Platform will be developed further for bronchoscopy and laparoscopy procedures. The Company believes its technology can impact the landscape of surgery and endoscopy by providing a safer, less-invasive and more cost-efficient option of treatment. An overview of the Creo Medical device technology portfolio can be seen here:
https://www.rns-pdf.londonstockexchange.com/rns/8918P_1-2020-6-14.pdf
For more information about Creo Medical please see our website, www.creomedical.com
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December 09, 2020 02:00 ET (07:00 GMT)
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