Inspiration Healthcare Group (IHC)

Sector:

Industrial Chemicals

Index:

FTSE AIM All-Share

 17.25p
   
  • Change Today:
      0.000p
  • 52 Week High: 53.50
  • 52 Week Low: 15.85
  • Currency: UK Pounds
  • Shares Issued: 89.66m
  • Volume: 6,500
  • Market Cap: £15.47m
  • RiskGrade: 227

Inspiration's SLE gets approval for ventilator in China

By Josh White

Date: Wednesday 21 Apr 2021

LONDON (ShareCast) - (Sharecast News) - Medical technology company Inspiration Healthcare announced on Thursday that SLE, the specialist neonatal ventilator manufacturer it acquired in July, has received regulatory approval from the National Medical Products Administration (NMPA) to sell the enhanced version of the 'SLE6000' in China.
The AIM-traded firm said the approval was for the "top-of-the-range" SLE6000 model, which includes a number of features such as enhanced high frequency oscillatory ventilation, the 'OxyGenie' patented oxygen control algorithm, volume-targeted ventilation, end-tidal carbon dioxide monitoring, and greater non-invasive modes.

SLE had received an immediate order from its distributor in China worth around £0.25m, the company said, for delivery during May.

"We are delighted that SLE has received approval for the SLE6000 in what is potentially one of our largest markets and also to announce that we have hit the ground running with a large order for immediate delivery," said chief executive officer Neil Campbell.

"China represents a significant growth opportunity for the group and we look forward to working with our partners and distributors to achieve our full potential there and in promoting our products and technology to achieve continued growth in the future."

At 1429 BST, shares in Inspiration Healthcare Group were up 3.7% at 119.25p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

IHC Market Data

Currency UK Pounds
Share Price 17.25p
Change Today 0.000p
% Change 0.00 %
52 Week High 53.50
52 Week Low 15.85
Volume 6,500
Shares Issued 89.66m
Market Cap £15.47m
RiskGrade 227

IHC Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
65.22% above the market average65.22% above the market average65.22% above the market average65.22% above the market average65.22% above the market average
20% below the sector average20% below the sector average20% below the sector average20% below the sector average20% below the sector average
Price Trend
88.26% below the market average88.26% below the market average88.26% below the market average88.26% below the market average88.26% below the market average
46.67% below the sector average46.67% below the sector average46.67% below the sector average46.67% below the sector average46.67% below the sector average
Income
89.56% below the market average89.56% below the market average89.56% below the market average89.56% below the market average89.56% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Growth
94.25% below the market average94.25% below the market average94.25% below the market average94.25% below the market average94.25% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
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IHC Dividends

  Latest Previous
  Interim Final
Ex-Div 23-Nov-23 29-Jun-23
Paid 22-Dec-23 28-Jul-23
Amount 0.20p 0.41p

Trades for 31-Oct-2024

Time Volume / Share Price
12:02 6,500 @ 17.20p

IHC Key Personnel

COO Brook Nolson
CFO Alan Olby

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