RNS Number : 9368Q
LiDCO Group Plc
12 August 2010
 



 

Press Release

12 August 2010

 

LiDCO Group Plc

 

("LiDCO" or the "Company")

 

Notice of Results

 

 

LiDCO Group Plc (AIM: LID), the cardiovascular monitoring company, is pleased to announce that its Interim Results for the six months ended 31 July 2010 will be released on Tuesday 26 October 2010.

 

An analyst presentation, given by Terry O'Brien, CEO, and Paul Clifford, FD, will be held at 9.30am on 26 October 2010 at Abchurch's office, 16th Floor, 125 Old Broad Street, London, EC2N 1AR.

 

 

- ENDS -

 

 

For more information please contact:

LiDCO Group Plc


Terry O'Brien - Chief Executive

John Rowland - Company Secretary

Tel: +44 (0)20 7749 1500

www.lidco.com

 

FinnCap


Geoff Nash / Stephen Norcross / Henrik Persson

+44 (0)20 7600 1658

www.finncap.com

 

Media enquiries

 

Abchurch Communications


Heather Salmond / Joanne Shears / Simone Elviss / Claire Dickinson

+44 (0)20 7398 7728

www.abchurch-group.com

simone.elviss@abchurch-group.com


 

 



About LiDCO Group Plc

LiDCO is a supplier of minimally invasive hemodynamic equipment to hospitals, to monitor the amount of blood flowing around the body and ensure that vital organs are adequately oxygenated. LiDCO's products facilitate the measurement, analysis, audit, training and sharing of real-time and historic hemodynamic data, in both critical care units and the operating theatre. 

 

Scientific evidence is increasingly linking the optimisation of patients' hemodynamic status with better outcomes and reduced hospital stays and LiDCO's computer-based technology, developed at St Thomas' Hospital in London, has been shown to significantly reduce morbidity and complications, length of stay & overall costs associated with major surgery.

 

Key Products:

LiDCOplus: a computer-based platform monitor used in the Intensive Care Unit for real-time continuous display of hemodynamic parameters including cardiac output, oxygen delivery and fluid-volume responsiveness (PPV% and SVV%)

LiDCOrapid: a cardiac output monitor designed specifically for use in the operating theatre for fluid and drug management. The monitor enables anesthetists to get accurate and immediate feedback on the patient's fluid and hemodynamic status - a key measure of overall well-being before, during and after surgery.  The LiDCOrapid provides:

· 

early and rapid warning of hemodynamic change to aid choice of therapeutic route: fluid or drug

· 

quantification of hemodynamic response,

· 

guidance on effective delivery of fluids to ensure the right amount at the right time

LiDCOview: an easy-to-use graphical display of historical LiDCOplus and LiDCOrapid hemodynamic data.

 

All LiDCO monitors use single-patient disposables (sensors or smartcards) which provide an ongoing revenue stream.  LiDCO, in collaboration with Covidien (Nasdaq: IDYN), is currently developing a simultaneous brain and hemodynamic monitoring platform to provide clinicians with the market's most evolved fluid and hemodynamic monitoring product for high-risk surgery patients.

 

Clinical Validation & Education

LiDCO has been selected as the sole technology for two ongoing multi-centre government-funded studies in the UK and US. OPTIMISE is sponsored by the UK Government for optimising cardiovascular management in high-risk abdominal surgery patients and in the US, MOnIToR is a US Government sponsored transplantation donor organ optimisation study. The Company has also developed a hemodynamic workshop at St George's Hospital, London.

 

LiDCO Distribution Network:

LiDCO products are sold through Covidien's sales force in the US. LiDCO's strategy is to sell directly to hospitals in the UK, and through a network of specialty critical care and anesthesia distributors in the rest of the world.

 

LiDCO's sales office is in Cambridge, its manufacturing facility and headquarters are in London and its shares are traded on AIM. For more information please see www.lidco.com.

 


This information is provided by RNS
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