Deltex's US arm ready to lead as 30 hospitals sign up
Deltex’s overseas sales are booming but its previously dominant NHS revenues are dropping off
Company
Deltex Medical Group plc
LON:DEMG
Deltex Medical manufactures and markets CardioQ-ODM™ Oesophageal Doppler Monitoring (ODM) systems. ODM is the only therapy to measure blood flow in the central circulation in real time. Minimally invasive, easy to set up and quick to focus, the technology generates a low-frequency ultrasound signal, which is highly sensitive to changes in flow and measures them immediately. Randomised Controlled Trials (RCTs), using Doppler, have demonstrated that early fluid management intervention can reduce postoperative complications, reduce intensive care admissions and reduce the length of hospital stay.
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Main share price risers and fallers in London at 4pm
Deltex sales steady as overseas momentum balances out NHS
“Total export sales were approximately 20% ahead with over 40% growth in the USA
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Deltex Medical confirms funding plans
The money raised will boost US revenue run-rates from the end of 2016 and into the first quarter of 2017.
Deltex Medical's US sales offset NHS problems
Traction in the US and other export markets is reducing the importance of the NHS.
Deltex Medical over halfway to US target as two more hospitals sign
The two additions are part of a network of nine hospitals and both chose Deltex’s oesophageal Doppler monitoring systems after clinical trials.
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Below are the main news-driven share price movements at 4pm.
Deltex signs up two more US hospitals
Deltex now 15 US hospitals using its oesophageal Doppler monitoring platform with nine added this year.
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Deltex: Study highlights ODM opportunity in US hospitals
The association between fluid management and poor outcomes was consistent for both open procedures and keyhole operations, thre study found. Study on fluid management during surgery found wide variations in practices and significant impacts