Deltex Medical Group PLC Posting of Accounts (2826Q)

TIDMDEMG

RNS Number : 2826Q

Deltex Medical Group PLC

17 June 2020

Deltex Medical Group plc

("Deltex Medical" or the "Group")

Posting of Accounts

Deltex Medical Group plc (AIM: DEMG), the global leader in Oesophageal Doppler Monitoring ("ODM"), confirms that it has posted its Report and Accounts for the twelve months ended 31 December 2019 (the "Annual Report") to shareholders.

The Annual Report is available on, and can be downloaded from, Deltex Medical's website: www.deltexmedical.com.

 
 Deltex Medical Group plc                   01243 774 837 
                                             [e-mail] 
 Nigel Keen, Chairman 
 Andy Mears, Chief Executive 
 David Moorhouse, Group Finance Director 
 
 
 Arden Partners plc                         020 7614 5900 
 Ciaran Walsh 
  Dan Gee-Summons 
 
 Joint Broker 
 Turner Pope Investments (TPI) Ltd          0203 657 0050 
                                             [e-mail] 
 Andy Thacker 
  Zoe Alexander 
 

This announcement contains Inside Information as defined under the Market Abuse Regulation (EU) No. 596/2014.

Notes for Editors

Deltex Medical manufactures and markets haemodynamic monitoring technologies which are primarily used in critical care and general surgical procedures. Deltex Medical's proprietary oesophageal Doppler monitoring ("ODM") (TrueVue Doppler) measures blood flow velocity 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 blood flow and measures such changes in 'real time'. Deltex Medical is the only company in the enhanced haemodynamic space to have built a robust and credible evidence base demonstrating both the clinical and economic benefits of its core technology: TrueVue Doppler. This technology has been proven in a wide range of clinical trials to reduce complications suffered by patients after surgery and consequently can save hospitals money.

Deltex Medical's TrueVue System on the CardioQ-ODM+ monitor platform now provides clinicians with two further advanced haemodynamic monitoring technologies. TrueVue Impedance is an entirely non-invasive monitoring technology which transmits low magnitude, high frequency electrical signals through the thorax and measures the changes to this signal when the heart pumps blood. TrueVue PressureWave uses the peripheral blood pressure signal analysis to give doctors information on changes in the circulation and is particularly suited to monitoring lower risk or haemodynamically stable patients.

Group goal

Haemodynamic management is now becoming widely accepted as a vital part of the anaesthesia protocols for surgical patients, as well as treating ventilated intensive care patients, including ventilated COVID-19 patients. Consequently, the Group's focus is on maximising value from the opportunities presented, as enhanced haemodynamic management is adopted into routine clinical practice around the world. The Group aims to provide clinicians with a single platform - a 'haemodynamic workstation' - which offers them a range of technologies from simple to sophisticated to be deployed according to the patient's clinical condition as well as the skill and expertise of the user. Doing this will enable the Group to partner with healthcare providers to support modern haemodynamic management across the whole hospital.

The Group is currently in the implementation phase of achieving this goal in a number of territories worldwide, operating directly in the UK and the USA, and via agreements with approximately 40 distributors overseas

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 [e-mail] or visit www.rns.com.

END

ACSKZGMVDNFGGZM

(END) Dow Jones Newswires

June 17, 2020 12:00 ET (16:00 GMT)