12th Nov 2015 10:05
LONDON (Alliance News) - Deltex Medical Group PLC on Thursday said it has added a new platform account in the US with an unnamed teaching hospital on the West Coast.
Deltex makes oesophageal Doppler monitoring technology. The monitoring systems are used to measure blood flow during surgery by generating a low-frequency ultrasound signal and utilising the Doppler effect. The Doppler effect is the change in frequency of a wave for an observer moving relative to its source, such as the way in which the noise of a siren changes when it passes by.
The company said the hospital has been a customer for five years and has now agreed to expand its usage of Deltex's system, with plans to purchase 100 probes per month.
No financial details were disclosed on the deal.
Shares in Deltex were up 5.9% to 4.37 pence on Thursday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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