21st Apr 2021 11:55
Inspiration Healthcare Group PLC - West Sussex, England-based medical technology company - Says its neonatal ventilator manufacturer SLE Ltd has received regulatory approval from the National Medical Products Administration to sell the enhanced version of the SLE6000 in China. Notes the approval is for the SLE6000 model that includes the OxyGenie patented oxygen control algorithm. Says SLE has received an an immediate order from its distributor in China worth GBP250,000 for delivery during May 2021.
"China represents a significant growth opportunity for the group and we look forward to working with our partners and distributors to achieve our full potential there and in promoting our products and technology to achieve continued growth in the future," says Chief Executive Neil Campbell.
Current stock price: 120.50 pence, up 4.8% on Wednesday
Year-to-date change: up 48%
By Zoe Wickens; [email protected]
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