Creo Medical Group (CREO)

Sector:

Health Care

Index:

FTSE AIM All-Share

32.17p
   
  • Change Today:
    -2.73p
  • 52 Week High: 48.10
  • 52 Week Low: 23.25
  • Currency: UK Pounds
  • Shares Issued: 361.48m
  • Volume: 624,999
  • Market Cap: £116.27m

Creo Medical leads endoscopy training course in Kent

By Josh White

Date: Friday 19 Oct 2018

LONDON (ShareCast) - (Sharecast News) - Medical device company Creo Medical Group announced on Friday that the Queen Elizabeth and the Queen Mother Hospital in Margate (QEQM Hospital), part of the East Kent University Hospitals Foundation Trust, had entered into the second day of a two-day endoscopy training course for more than 40 UK clinicians, which would include live demonstrations and training on Creo's 'Speedboat' device and 'CROMA' advanced energy platform.
The AIM-traded firm said the endoscopy training course was being led by Dr Zacharias Tsiamoulos, consultant in gastroenterology and specialist in GI endoscopy at the East Kent Trust, and Professor Yutaka Saito, director of the endoscopy division at the National Cancer Center Hospital in Tokyo.

It said the course was being sponsored by Creo and Diagmed Healthcare, Creo's UK distribution partner, among others.

Dr Tsiamoulos was a "key opinion leader" in the field of gastrointestinal (GI) therapeutic endoscopy, and a leading user of Creo's 'Speedboat' device for colorectal endoscopic submucosal dissection - an advanced surgical procedure using endoscopy to remove gastrointestinal precancerous lesions that had not entered the muscle layer.

Creo said Dr Tsiamoulos trained in the procedure in Japan under key opinion leader Professor Saito - one of the global pioneers in therapeutic endoscopy, according to the company.

The course supported Creo's education-led strategy, and reflected Diagmed's commitment to advance the rollout of Creo's clinical education programme in the UK, ensuring quality control and best patient outcomes through the education of key clinicians in the use of Speedboat and the CROMA platform.

It said the two-day event would allow delegates to observe a number of live procedures undertaken by Dr Tsiamoulos using Creo's Speedboat, which could deliver bipolar radiofrequency for precise localised cutting, and microwave energy for controlled coagulation.

Dr Tsiamoulos would also provide direct training to delegates on the techniques required to successfully undertake endoscopic submucosal dissection procedures using the Speedboat device as an outpatient procedure, helping to reduce the risks associated with alternative open and laparoscopic procedures, reducing the length of stay in hospital for the patient, and reducing the cost of treatment and transferring therapy from the operating theatre to the endoscopy room.

"Our strategy has always been focused on ensuring that key clinicians are educated in the use of Speedboat and the CROMA platform to safeguard quality control and best patient outcomes," said Creo chief executive officer Craig Gulliford.

"This training course at the QEQM hospital, and our wider clinical education programme, aims to ensure that the first adopters of our technology, having been carefully mentored by our own doctors and endoscopy nurses, can deliver consistently high standards in this emerging field of surgical endoscopy."

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CREO Market Data

Currency UK Pounds
Share Price 32.17p
Change Today -2.73p
% Change -7.83 %
52 Week High 48.10
52 Week Low 23.25
Volume 624,999
Shares Issued 361.48m
Market Cap £116.27m

CREO Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
21.45% below the market average21.45% below the market average21.45% below the market average21.45% below the market average21.45% below the market average
25% below the sector average25% below the sector average25% below the sector average25% below the sector average25% below the sector average
Price Trend
10.06% above the market average10.06% above the market average10.06% above the market average10.06% above the market average10.06% above the market average
27.78% above the sector average27.78% above the sector average27.78% above the sector average27.78% above the sector average27.78% above the sector average
Income Not Available
Growth
43.08% above the market average43.08% above the market average43.08% above the market average43.08% above the market average43.08% 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

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CREO Dividends

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Trades for 15-May-2024

Time Volume / Share Price
08:33 15,000 @ 32.44p
08:32 3,500 @ 32.44p
08:32 25,000 @ 32.10p
08:32 50,000 @ 32.38p
08:32 5,418 @ 32.08p

CREO Key Personnel

CEO Craig Jonathan Gulliford
CFO Richard John Rees

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