Inspiration Healthcare Group (IHC)

Sector:

Industrial Chemicals

Index:

FTSE AIM All-Share

 16.10p
   
  • Change Today:
      0.000p
  • 52 Week High: 56.00
  • 52 Week Low: 15.71
  • Currency: UK Pounds
  • Shares Issued: 68.23m
  • Volume: 20,863
  • Market Cap: £10.99m
  • RiskGrade: 227

Inspiration Healthcare gets CE-mark for new cerebral function monitor

By Josh White

Date: Thursday 18 Jan 2018

LONDON (ShareCast) - (ShareCast News) - Medical device company Inspiration Healthcare Group announced on Thursday that its new-generation cerebral function monitor (CFM) unit, the Unique+, designed for use in neonatal applications has been granted a CE mark.
The AIM-traded firm said the product would be released for sale in the UK starting in February, followed "swiftly" by major European markets and other key territories in the world as the product becomes registered with the respective regulatory bodies.

It said the CFM unit was designed to monitor the electrical activity in the brain of neonatal infants and had been a key component of Inspiration Healthcare's product offering since 2004.

The new Unique+ was the next generation of CFM offered by Inspiration with the further refinement of both hardware and software elements, and the addition of smart features to improve connectivity and the user experience.

Those new features included a combined amplifier and headbox in one battery powered, lightweight unit and modern user interface, and the simple identification of electrode placement with LED-lit connection points for single channel and dual channel monitoring.

It also included connectivity via USB, Bluetooth and the additional option of WiFi, enabling remote connectivity to PCs or hospital computer networks.

Inspiration described Unique+ as "state-of-the-art", adding that it could be introduced into previously untapped markets including North America and Russia.

At the same time, Inspiration announced that it has renewed a distribution contract with Neotech Products - the US specialist manufacture of products used in neonatal intensive care applications - agreeing a further two-year term.

In the current year, the company estimated the total revenues from the sale of Neotech products in the UK would amount to more than £0.1m.

"The Unique+ CFM re-affirms Inspiration Healthcare's commitment to improving diagnostic and treatment of the newborn brain," said CEO Neil Campbell.

"It also shows our commitment to investing in new technology and developing our product portfolio that will allow us to penetrate further into key international markets.

"We are also delighted to extend our relationship with Neotech and continuing as the UK distributors for their medical devices."

Email this article to a friend

or share it with one of these popular networks:


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 16.10p
Change Today 0.000p
% Change 0.00 %
52 Week High 56.00
52 Week Low 15.71
Volume 20,863
Shares Issued 68.23m
Market Cap £10.99m
RiskGrade 227

IHC Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
93.13% above the market average93.13% above the market average93.13% above the market average93.13% above the market average93.13% above the market average
87.50% above the sector average87.50% above the sector average87.50% above the sector average87.50% above the sector average87.50% above the sector average
Price Trend
92.13% below the market average92.13% below the market average92.13% below the market average92.13% below the market average92.13% below the market average
76.47% below the sector average76.47% below the sector average76.47% below the sector average76.47% below the sector average76.47% below the sector average
Income
60.96% above the market average60.96% above the market average60.96% above the market average60.96% above the market average60.96% above the market average
66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average
Growth
81.16% below the market average81.16% below the market average81.16% below the market average81.16% below the market average81.16% below the market average
76.47% below the sector average76.47% below the sector average76.47% below the sector average76.47% below the sector average76.47% below the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

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 16-May-2024

Time Volume / Share Price
16:04 6,186 @ 16.02p
14:11 2,969 @ 15.76p
14:09 335 @ 15.76p
11:06 6,200 @ 16.00p
10:41 3,090 @ 16.02p

IHC Key Personnel

CEO Neil Campbell
COO Brook Nolson
CFO Alan Olby

Top of Page