Inspiration Healthcare confident of strong growth as it declares maiden dividend
Inspiration said its strong net cash position provides an opportunity to accelerate market development investments (and pay a dividend)
Company
Inspiration Healthcare Group PLC
LON:IHC
Inspiration Healthcare Group PLC is a global provider of medical technology for use in neonatal intensive care and operating theatres. The company has key own brand products that can be used within the first days of life to help premature and sick babies; helping resuscitation and stabilisation in the first moments of life through to preventing brain damage and both invasive and non-invasive respiratory support in terms of capital equipment and disposable medical devices. Additionally, the company has its own range of products for maintaining normothermia pre, during and post-surgery.
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Inspiration Healthcare appoints top neonatal clinician to assist product development
Peter Reynolds is a Consultant Neonatologist and Paediatrician at St Peter's Hospital in Chertsey
Inspiration Healthcare delivers total of approximately £7mln of ventilators to NHS directly in response to the coronavirus pandemic
The company said that in the past few weeks, further deliveries have been made with a value of £2mln taking the total value of all orders delivered by it to approximately £5mln
Inspiration Healthcare seeks permission to start trial for neonatal respiratory device
"We are pleased to have submitted this application and moving the project on to the next phase,” said chief executive Neil Campbell.
Inspiration Healthcare Group optimistic on the prospects for “this financial year and beyond” as it updates on NHS ventilators order
The company said it had delivered a further £1mln of equipment, taking the running total to £3mln
Inspiration Healthcare says revenues running 30% ahead of last year
The first half of the fiscal year has seen a surge in revenues
Inspiration Healthcare makes two board changes, including the appointment of a chief operating officer with immediate effect
Brook Nolson, currently a non-executive director of the global medical technology company will assume responsibility for the day to day operations for the whole group
Inspiration Healthcare set to increase revenues significantly again
Inspiration enjoyed a very strong start to the year with increased revenues and a healthy order book and this high level of activity has continued in the second quarter
Inspiration Healthcare expects revenues “increase significantly” after a strong start to the year
The update was provided by chairman Mark Abrahams ahead of the company’s annual meeting
Inspiration Healthcare’s acquisition of ventilator maker S.L.E. Limited has transformed the business, says CEO
S.L.E. is primarily focused on designing neonatal ventilators for very small children and premature babies, rather than for adult patients
Inspiration Healthcare to acquire ventilator maker, raises funds
The purchase of S.L.E. Limited is expected to be earnings enhancing in the short to medium term with “significant commercial synergies”
Inspiration Healthcare Group has now delivered two NHS ventilator consignments
On March 16 and 20 the company said it received significant orders for the medical equipment
Inspiration Healthcare says ‘Project Wave’ awarded grant towards the cost of trials expected to commence this year
‘Project Wave’, which is developing a novel technology for a respiratory device designed to be used in neonatal intensive care
Inspiration Healthcare Group chief executive delighted with first quarter performance
The med-tech firm posted a 27% increase in revenues in the first three months of 2020 and has a strong order book
Inspiration Healthcare thrilled that the ventilators have arrived
"It has been a considerable challenge and at times uncertain due to the unprecedented world demand and the fragility of the whole supply chain"
Inspiration Healthcare upbeat as ventilator supply starts to ramp-up
Inspiration is part of the UK government’s ventilator challenge consortium
Small cap movers: Inspiration Healthcare's ventilators in demand, but it’s one of the few winners with investors fleeing AIM
A look back at some of the more interesting stories from London's junior market this week
Inspiration Healthcare working on sourcing £4mln of ventilators for NHS
The total NHS orders are considerably larger than the medical products distributor has received in the past and it said there were a number of factors outside of its control
Archive
Idox slides after auditor uncovers issue relating to 2017 accounts
A look at some of the major movers in the market on Monday
Inspiration Healthcare says chief financial officer, Mike Briant to retire from its board at end June 2020
It is intended that Jonathan Ballard, currently Inspiration's financial controller, will become the group's chief financial officer with effect from 1 July 2020