Creo Medical Group (CREO)

Sector:

Health Care

Index:

FTSE AIM All-Share

34.90p
   
  • Change Today:
    -0.40p
  • 52 Week High: 48.10
  • 52 Week Low: 23.25
  • Currency: UK Pounds
  • Shares Issued: 361.48m
  • Volume: 691,016
  • Market Cap: £126.16m

Creo upbeat on first-in-human clinical use of 'MicroBlate Fine'

By Josh White

Date: Wednesday 09 Dec 2020

LONDON (ShareCast) - (Sharecast News) - Medical device company Creo announced the first in-human clinical use of its 'MicroBlate Fine' device, believed to be the world's smallest fine needle microwave ablation device available for clinical practice.
The AIM-traded firm said the device was used to successfully ablate pancreatic tumour tissue under endoscopic ultrasound guidance, without any procedural complications.

It said the MicroBlate Fine device has the same dimensions as a routine biopsy needle, "greatly reducing" the risk of procedural bleeding and allowing "very accurate" targeting of microwave ablation in highly perfused organs such as the liver, kidney, lung as well as the pancreas.

"We are very pleased with the first in-man clinical use of the MicroBlate Fine device, bringing fine needle microwave ablation into clinical practice for the first time and in particular, as in this case, in the hands of GI physicians," said chief executive officer Craig Gulliford.

"This is a fantastic milestone for the company and the entire Creo team.

"We look forward to further clinical firsts and regulatory announcements related to our increasing suite of GI devices."

At 1146 GMT, shares in Creo Medical Group were up 21.37% at 208.08p.

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CREO Market Data

Currency UK Pounds
Share Price 34.90p
Change Today -0.40p
% Change -1.13 %
52 Week High 48.10
52 Week Low 23.25
Volume 691,016
Shares Issued 361.48m
Market Cap £126.16m

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

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.

CREO Dividends

No dividends found

Trades for 14-May-2024

Time Volume / Share Price
16:35 3 @ 35.50p
16:35 563 @ 35.50p
16:35 1,449 @ 34.50p
16:35 7,465 @ 34.90p
16:35 5 @ 34.90p

CREO Key Personnel

CEO Craig Jonathan Gulliford
CFO Richard John Rees

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