Inspiration Healthcare Group PLC Renewal of Tecotherm and Micrel Agreements
03 July 2018 - 4:00PM
RNS Non-Regulatory
TIDMIHC
Inspiration Healthcare Group PLC
03 July 2018
3 July 2018
Inspiration Healthcare Group plc
("Inspiration Healthcare", the "Company" or the "Group")
Renewal of Tecotherm and Micrel Agreements
Inspiration Healthcare Group plc (AIM: IHC), the global medical
device company, is pleased to announce that it has renewed its long
term distribution contract with TecCom GmbH ("TecCom"). TecCom
manufactures a range of the highly successful Tecotherm Neo product
which is used to cool and warm babies in neonatal intensive care
settings. The Company also announces that it has agreed the renewal
of its long term contract with Micrel Medical Devices SA
("Micrel"), the manufacturers of a range of infusion pumps.
Inspiration Healthcare has been the exclusive distributor of
Tecotherm products on a worldwide basis for over 11 years and has,
through supporting clinical research, helped establish the range as
market leader in many countries around the world. The range of
products include the Techotherm Neo designed for the cooling and
warming of babies particularly in the treatment of Neonatal
Encephalopathy that may cause cerebral palsy in a newborn.
An earlier version of the Tecotherm Neo, the Tecotherm TSmed200
was used in the TOBY study in the UK, which researched whole body
hypothermia for the treatment of perinatal asphyxial encephalopathy
and demonstrated the benefits of cooling in this patient
cohort.
Inspiration Healthcare has been the distributor of Micrel
products in the UK and Ireland for a number of years. The products
are used in a wide range of infusion therapies including parenteral
feeding, post operative pain management, regional analgesia,
chemotherapy and a range of other applications. Micrel currently
has a number of new products under development and the directors
believe that Inspiration is well positioned to explore the
potential of these once they are released.
Commenting today, Neil Campbell Inspiration Healthcare's Chief
Executive Officer said: " We have worked successfully with both
these companies for many years and are delighted to have been able
to extend the relationship for future years. Both companies have
outstanding products which have proven many times that they will
improve the medical outcomes for patients and this is the
fundamental criteria for Inspiration Healthcare selecting partners
with which we can work"
Enquiries:
Inspiration Healthcare Group Tel: 01455 840555
plc
Neil Campbell, Chief Executive
Officer
Mike Briant, Chief Financial
Officer
Nominated Adviser & Broker Tel: 0207 397 8900
Cenkos Securities plc
Mark Connelly
-------------------
Cadogan PR Tel: 07771 713608
Alex Walters
-------------------
About Inspiration Healthcare
Inspiration Healthcare (AIM: IHC) is a global supplier of
medical technology for critical care, operating theatre and other
medical applications. The Company provides high quality innovative
products to patients and caregivers around the world that help to
improve patient outcomes and efficiencies of healthcare
organisations with patient focused customer service and technical
support.
The Company's own brand of critical care solutions span
non-invasive respiratory management, thermoregulation and
diagnostics, and patient warming for newborns through to adults in
intensive care and the operating theatre, whilst the distribution
business supplies solutions to support specialised surgical
procedures and infusion therapies.
Present in over 50 countries worldwide, Inspiration Healthcare's
success has been built on continuous innovation, excellent customer
service and an inherent commitment to improving the quality of life
of patients, working in close collaboration with key opinion
leaders and stakeholders in the clinical and medical community
across the globe.
Further information on Inspiration Healthcare can be seen at
www.inspiration-healthcare.com
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END
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