Surgical Innovations Group (SUN)

Sector:

Health Care

Index:

FTSE AIM All-Share

 1.85p
   
  • Change Today:
      0.000p
  • 52 Week High: 3.20
  • 52 Week Low: 1.75
  • Currency: UK Pounds
  • Shares Issued: 932.82m
  • Volume: 16,760
  • Market Cap: £17.26m
  • RiskGrade: 341

Surgical Innovations launches new port access system

By Josh White

Date: Monday 21 Mar 2022

LONDON (ShareCast) - (Sharecast News) - Medical technology developer Surgical Innovations Group announced the launch of 'YelloPort Elite 5mm' on Monday - a new surgical port access system developed in partnership with CMR Surgical.
The AIM-traded firm said under the design agreement with CMR, it would supply the 'Resposable' item for each installed CMR Versius robotic system.

It said the YelloPort Elite 5mm product was designed specifically for CMR's Versius Robotic System, though it was "universal in nature" and could be used in combination with a wider range of laparoscopic instrumentation, including other robotic systems.

The device was designed to function with robotic instrumentation, addressing the need for high-quality cost-effective solutions within laparoscopy surgery, using its Resposable technology to meet those clinical needs.

YelloPort Elite 5mm received its CE mark in February, and would be available globally from April.

"We're delighted to partner with CMR Surgical, a fellow British medical device company focused on minimally invasive surgery, to develop this new surgical port access system," said chief executive officer David Marsh.

"Our Resposable products provide a high-quality hybrid instrument concept, with the clinical benefits of a small disposable element, reducing waste by at least 70% compared to fully disposable alternatives.

"The project with CMR also creates an opportunity to develop greater partnerships in robotic surgery and utilises our existing experience in access devices, instrumentation and flex technology."

At 0952 GMT, shares in Surgical Innovations were up 0.23% at 2.21p.

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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.

 

SUN Market Data

Currency UK Pounds
Share Price 1.85p
Change Today 0.000p
% Change 0.00 %
52 Week High 3.20
52 Week Low 1.75
Volume 16,760
Shares Issued 932.82m
Market Cap £17.26m
RiskGrade 341

SUN Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
12.33% above the market average12.33% above the market average12.33% above the market average12.33% above the market average12.33% above the market average
10.53% above the sector average10.53% above the sector average10.53% above the sector average10.53% above the sector average10.53% above the sector average
Price Trend
27.62% below the market average27.62% below the market average27.62% below the market average27.62% below the market average27.62% below the market average
17.95% above the sector average17.95% above the sector average17.95% above the sector average17.95% above the sector average17.95% above the sector average
Income Not Available
Growth
1.04% above the market average1.04% above the market average1.04% above the market average1.04% above the market average1.04% above the market average
14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% 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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SUN Dividends

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Trades for 30-Jun-2022

Time Volume / Share Price
11:00 5,333 @ 1.80p
10:20 3,406 @ 1.80p
08:00 8,021 @ 1.87p

SUN Key Personnel

CFO Charmaine Day
CEO David Marsh

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