Inspiration Healthcare Group PLC Distribution Agreement and MoU
March 29 2021 - 1:00AM
RNS Non-Regulatory
TIDMIHC
Inspiration Healthcare Group PLC
29 March 2021
Inspiration Healthcare Group plc
("Inspiration Healthcare", the "Company" or the "Group")
Micrel Distribution Agreement and
Infant Centre, Cork MoU
Inspiration Healthcare Group plc (AIM: IHC), the global medical
technology company, is pleased to announce that it has signed a new
three year agreement with Micrel SA, a leading manufacturer of
infusion devices. The agreement is a renewal of an existing
agreement which has been in place for some years for the
distribution of Micrel's products in the UK and Ireland which 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. Most recently,
Inspiration Healthcare has been shifting its focus towards
developing a greater share of the UK infusion therapy market and it
has recently won an order for 100 Micrel syringe drivers for use in
Chemotherapy Therapy from a major NHS Trust.
Inspiration is also delighted to announce that it has signed a
Memorandum of Understanding with the Irish Centre for Maternal and
Child Health Research (INFANT) at University College Cork (UCC),
Ireland, a research centre focused on pregnancy, birth and early
childhood. The agreement allows for Inspiration and INFANT to work
closely together on research and innovation projects relating to
sick and premature babies, helping with regulatory work and
clinical user feedback.
Neil Campbell, Chief Executive Officer, commented: "We are
delighted to have extended our successful relationship with Micrel
with whom we have worked for many years and are excited in the
opportunities we have for continuing to grow this important part of
our business as we focus on new therapy areas for their technology.
We are also pleased to announce the agreement with the INFANT
Centre in Cork, where much important research work is carried out
and where we believe we can add significant value working by
sharing our experience and technological know how to improve
outcomes for mothers and babies."
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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