SPHR Sphere Medical

TIDMSPHR

Sphere Medical Holding plc

29 June 2017

29 June 2017

Sphere Medical Holding plc

("Sphere", "Sphere Medical" or the "Company")

Sphere Medical confirms compatibility of Proxima(TM) bedside blood gas monitoring system with leading global patient monitor player

Sphere enhances point-of-care connectivity functionality of Proxima acute respiratory and metabolic monitoring device in critical care settings

Cambridge, UK - 29 June 2017 - Sphere Medical Holding plc (AIM: SPHR.L), an innovative point-of-care monitoring and diagnostic devices company, announces that its Proxima(TM) bedside blood gas monitoring system is now compatible with Philips IntelliVue Patient Monitoring Systems through the Philips IntelliBridge Interface Module.

Sphere Medical's Proxima is an acute respiratory and metabolic monitoring system used in critical care settings which supports proactive patient care. It enables rapid and frequent blood gas, glucose and electrolyte measurements directly at the bedside without the caregiver leaving the patient. Philips compatibility means that Proxima's results can be recorded and displayed alongside other critical monitoring information, such as blood pressure, ECG, EEG, respiratory rate, cardiac output and temperature. Such consolidated information gives a comprehensive patient overview, enhancing patient management. With the increasing adoption of electronic data record systems in critical care settings, Philips compatibility will also give Proxima customers a very simple means of integrating their data into electronic medical record systems (EMR).

Sphere Medical's latest Proxima 4 system is currently being sold directly into the critical care market in the UK, Germany, The Netherlands and Belgium and via distributors in Italy, Spain and Austria.

Commenting on the additional point-of-care connectivity functionality of the Proxima bedside blood gas analyser, Wolfgang Rencken, CEO of Sphere Medical, said: "We are extremely pleased with the confirmation that Proxima is now compatible with Philips IntelliVue patient monitors. Many of our customers use Philips monitoring and data management systems and this connectivity further helps the practical implementation of Proxima as an acute respiratory and metabolic monitoring device in critical care settings. We look forward to offering this enhanced compatibility with our latest Proxima 4 system to hospitals across Europe."

- Ends -

For further information, please contact:

 
Sphere Medical Holding                     Tel: +44 (0)1223 875 
 plc                                                        222 
Dr Wolfgang Rencken, Chief 
 Executive Officer 
Richard Wright, Chief 
 Financial Officer 
 
Panmure Gordon                             Tel: +44 (0) 20 7886 
                                                           2500 
Freddy Crossley (Corporate 
 Finance) 
Duncan Monteith (Corporate 
 Finance) 
Tom Salvesen (Corporate 
 Broking) 
 
Consilium Strategic                        Tel: +44 (0) 20 3709 
 Communications                                            5700 
Mary-Jane Elliott             spheremedical@consilium-comms.com 
Ivar Milligan 
Rosie Phillips 
 
 

Notes for Editors

About Sphere Medical (AIM: SPHR.L)

Sphere Medical is an innovative point-of-care medical device company. Its Proxima platform measures blood gases, electrolytes and metabolites at the patient's bedside and aims to improve patient care and reduce health system costs. The device is sold directly to the critical care market via Sphere Medical's sales force in the UK, Germany, The Netherlands and Belgium and via distributors in Italy, Spain and Austria. For further information, please visit www.spheremedical.com.

This information is provided by RNS

The company news service from the London Stock Exchange

END

NRALFFVLREITFID

(END) Dow Jones Newswires

June 29, 2017 02:01 ET (06:01 GMT)

Sphere Medical (LSE:SPHR)
Historical Stock Chart
From Mar 2024 to Apr 2024

Sphere Medical (LSE:SPHR)
Historical Stock Chart
From Apr 2023 to Apr 2024