Inspiration Healthcare Group PLC Project WAVE recruits first patient
June 22 2021 - 2:00AM
RNS Non-Regulatory
TIDMIHC
Inspiration Healthcare Group PLC
22 June 2021
Inspiration Healthcare Group plc
("Inspiration Healthcare", the "Company" or the "Group")
Project WAVE recruits first patient
Inspiration Healthcare Group plc (AIM: IHC), the global medical
technology company, is pleased to announce that the first patient
has been recruited at the Trevor Mann Baby Unit, Brighton &
Sussex University Hospital (Royal Sussex) for Project WAVE, the
newly developed respiratory device designed by Inspiration
Healthcare for use in neonatal intensive care.
Inspiration Healthcare acquired the technology for Project WAVE
under a licence agreement in 2018 from the University of California
Los Angeles and has subsequently developed it further to produce a
patented device which is non-invasive and designed to reduce
intermittent hypoxia in the new born. The project was granted a
patent by the U.S. Patent Office in March 2020.
Neil Campbell, Chief Executive Officer, commented: "This is
really exciting news. The first patient to be recruited on the
trial is a real milestone for us and we eagerly await to see how
the trial progresses. We continue to talk to other research groups
about their interest and to refine the device as we develop our
commercial strategy."
Enquiries:
Inspiration Healthcare Group plc Tel: 01455 840555
Neil Campbell, Chief Executive Officer
Jon Ballard, Chief Financial Officer
Nominated Adviser & Broker Tel: 0207 397 8900
Cenkos Securities plc
Mark Connelly
Stephen Keys
-------------------
Cadogan PR Tel: 07771 713608
Alex Walters
alex.walters@cadoganpr.com
-------------------
About Inspiration Healthcare Group
www.inspirationhealthcaregroup.plc.uk
Inspiration Healthcare (AIM: IHC) is a global provider of
medical technology for use in critical care & operating
theatres. The Company provides high-quality, innovative products to
patients around the world which help to improve patient outcomes,
and it actively invests in innovative product opportunities and
disruptive technologies.
The Group currently consists of three companies: Inspiration
Healthcare Ltd, SLE Ltd and Viomedex Ltd and under these brands the
Group sells neonatal intensive care and operating theatre equipment
around the work through a network of distributors into over 75
countries. Products range from highly sophisticated capital
equipment through to single use disposables all that can help
improve outcomes of extremely sick patients.
In the UK and Ireland the Group offers direct sales for most of
its products supported by Technical Service offering on site and
return to base repair and maintenance along with 24/7 emergency
hire of equipment and long term lease arrangements for its own
brand products. The Group also acts as a distributor for 3(rd)
party companies that wish to access the NHS using the Group's sales
and service expertise and knowledge of the NHS
The Group invests in growth through Research and Development
holding numerous patents on its technology and has strong links
with academic Key Opinion Leaders around the world and supports
clinical research in the field of neonatal intensive care.
Further information on Inspiration Healthcare Group plc can be
seen at www.inspirationhealthcaregroup.plc.uk
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