16th Apr 2020 07:00
LiDCO Group Plc
("LiDCO" or the "Company")
Notice of results
LiDCO (AIM: LID), a leading supplier of hemodynamic monitoring solutions, announces it will release its preliminary results for the year ended 31 January 2020 on Tuesday 21 April 2020.
Analyst briefing
A briefing open to analysts will take place remotely via video conference call on Tuesday 21 April 2020 at 10.30am. If you would like the details of this call, please contact Walbrook PR on [email protected]
Investor briefing
A briefing open to all investors will take place remotely via video conference call on Tuesday 21 April 2020 at 4.30pm. The Company will provide a facility for shareholders to join the briefing either online or by telephone and there will be an opportunity for shareholders to ask questions. Investors wishing to join should contact [email protected] to register for dial-in details.
For further information, please contact:
LiDCO Group Plc | www.lidco.com | |
Matt Sassone (CEO) | Tel: +44 (0)20 7749 1500 | |
Tim Hall (CFO) | ||
N+1 Singer | Tel: +44 (0)20 7496 3172 | |
Aubrey Powell, George Tzimas (Corporate Finance) | ||
Tom Salvesen (Corporate Broking) | ||
Walbrook PR Ltd | Tel: 020 7933 8780 or [email protected] | |
Paul McManus | Mob: 07980 541 893 | |
Lianne Cawthorne | Mob: 07584 391 303 | |
About LiDCO Group Plc (www.lidco.com)
LiDCO is a supplier of non-invasive and minimally invasive hemodynamic equipment to hospitals used to monitor the amount of blood flowing around the body and ensure that vital organs are adequately oxygenated. LiDCO's products facilitate the application of hemodynamic optimisation protocols for high risk patients in both critical care units and in the operating theatre.
Increasingly clinical studies have shown that the optimisation of patients' hemodynamic status in high risk patients produces better outcomes and reduced hospital stay. LiDCO's computer-based technology, developed originally at St Thomas' Hospital in London, has been shown to significantly reduce morbidity and complications, length of stay and overall costs associated with major surgery.
Key Products:
LiDCOunity: a hemodynamic monitor that combines the full suite of LiDCO technology (non-invasive, minimally invasive and calibrated technologies) into one platform. Designed to have the flexibility to adapt to a patient's changing acuity, the product enables clinicians to seamlessly transition between non-invasive, minimally invasive and calibrated hemodynamic monitoring.
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 anaesthetists to receive 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
The software incorporated into LiDCOrapid allows the LiDCOrapid monitor to co-display Medtronic's level of consciousness parameter ('BISTM')* and add the convenience of CNSystem's continuous non-invasive blood pressure monitoring ('CNAP')**. This addresses a growing requirement for non-invasive monitoring solutions that are more comprehensive and can effectively replace multiple single parameter monitors.
LiDCOview: an easy-to-use graphical display of historical LiDCOplus and LiDCOrapid hemodynamic data.
*BISTM and Bispectral Index are trademarks of Medtronic registered in the US and foreign countries.
**CNAPTM is a trademark of CNSystems Medizintechnik AG.
LiDCO monitors use single-patient disposables (sensors or smartcards) which provide an ongoing revenue stream.
LiDCO Distribution Network:
LiDCO sells directly to hospitals in the UK and USA and through a network of specialty critical care and anaesthesia distributors in the rest of the world.
LiDCO's headquarters are in London and its shares are traded on AIM.
Related Shares:
LID.L