Deltex Medical Group (DEMG)

Sector:

Health Care

Index:

FTSE AIM All-Share

0.080p
   
  • Change Today:
      0.005p
  • 52 Week High: 0.18
  • 52 Week Low: 0.073
  • Currency: UK Pounds
  • Shares Issued: 1,896.03m
  • Volume: 4,367,266
  • Market Cap: £1.52m
  • RiskGrade: 344

Deltex launches new system in UK, EU markets

By Josh White

Date: Monday 10 Jul 2023

LONDON (ShareCast) - (Sharecast News) - Oesophageal monitoring technology specialist Deltex Medical Group announced the launch of its next-generation 'TrueVue' system in the UK and the EU on Monday.
The AIM-traded firm said that, with the TrueVue monitor now CE-marked and available in the UK and EU markets, it could begin in-hospital evaluations to ensure a smooth launch and address any potential issues before fulfilling orders.

It said the standard procedure was expected to take around three months, adding that it anticipated generating revenue from new monitor sales from November.

The board said the TrueVue system represented a significant advancement over Deltex's existing technology, as it combines independent measurements of blood flow and blood pressure in real time, providing clinicians with a comprehensive range of clinically-validated haemodynamic parameters.

Those parameters would enable healthcare professionals to assess cardiac function and make informed decisions about fluid and drug therapy, optimizing cardiovascular performance and maintaining normal blood volume.

"We are delighted that we have launched the new next generation TrueVue System - this is against the challenging backdrop of having to conduct work on this project through Covid-19 and dealing with the associated supply chain issues," said chief executive officer Andy Mears.

"Initial interest in the new monitor has been positive and we expect the launch to help increase activity levels in all territories ahead of other international regulatory approvals being obtained.

"We have been manufacturing new monitors in anticipation of starting to fulfil orders in November."

Reporting by Josh White for Sharecast.com.

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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.

 

DEMG Market Data

Currency UK Pounds
Share Price 0.080p
Change Today 0.005p
% Change 6.67 %
52 Week High 0.18
52 Week Low 0.073
Volume 4,367,266
Shares Issued 1,896.03m
Market Cap £1.52m
RiskGrade 344

DEMG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
27.79% above the market average27.79% above the market average27.79% above the market average27.79% above the market average27.79% above the market average
94.29% above the sector average94.29% above the sector average94.29% above the sector average94.29% above the sector average94.29% above the sector average
Price Trend
85.54% below the market average85.54% below the market average85.54% below the market average85.54% below the market average85.54% below the market average
72.97% below the sector average72.97% below the sector average72.97% below the sector average72.97% below the sector average72.97% below the sector average
Income Not Available
Growth
59.7% below the market average59.7% below the market average59.7% below the market average59.7% below the market average59.7% below the market average
72.22% below the sector average72.22% below the sector average72.22% below the sector average72.22% below the sector average72.22% below the sector average

DEMG Dividends

No dividends found

Trades for 21-Nov-2024

Time Volume / Share Price
13:20 1,400,000 @ 0.084p
12:55 250,000 @ 0.084p
12:26 1,000,000 @ 0.084p
12:14 100,000 @ 0.086p
10:34 250,000 @ 0.080p

DEMG Key Personnel

Chair Nigel J Keen
CEO Andy Mears
Finance Director Natalie Wettler

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