Business
Project WAVE MHRA Approval
Project WAVE MHRA Approval.
About this update from Inspiration Healthcare Group Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 3418F\n Inspiration Healthcare Group PLC\n 16 November 2020\n \n \n \n \n Inspiration Healthcare Group plc\n \n (\"Inspiration Healthcare\", the \"Company\" or the \"Group\")\n \n \n \n \n Project WAVE - MHRA Approval \n \n \n \n \n \n Inspiration Healthcare Group plc (AIM: IHC), the global medical technology company is pleased to announce that it has received confirmation from the Medicines and Healthcare products Regulatory Agency (MHRA) to proceed with clinical testing for the respiratory device it has designed for use in neonatal intensive care known as Project WAVE.\n \n \n \n \n \n Initial trials are now expected to begin in the next few months at the Trevor Mann Baby Unit, Brighton & Sussex University Hospital (Royal Sussex). The Company acquired the technology for Project WAVE, a non invasive device to support breathing in premature infants, under a licence agreement in 2018 from \n a leading U.S. West Coast University and the project was granted a patent by the U.S. Patent Office in March 2020.\n \n \n \n \n \n Neil Campbell, Chief Executive Officer, commented: \"We are delighted to have passed this regulatory hurdle and getting Wave one step further in its development and are all looking forward to beginning our work with the neonatal team at the Royal Sussex to demonstrate the efficacy of this important new technology and approach in neonatal care.\" \n \n \n \n \n \n \n \n \n \n \n \n Enquiries:\n \n \n \n \n \n \n \n \n Inspiration Healthcare Group plc\n \n \n Neil Campbell, Chief Executive Officer\n \n \n Jon Ballard, Chief Financial Officer\n \n \n \n \n Tel: 01455 840555\n \n \n \n \n \n \n \n \n \n Nominated Adviser & Broker \n \n \n Cenkos Securities plc \n \n \n Mark Connelly\n \n \n Stephen Keys\n \n \n Cameron MacRitchie\n \n \n \n \n Tel: 0207 397 8900\n \n \n \n \n \n \n \n \n \n Cadogan PR \n \n \n Alex Walters\n \n \n \n [email protected]\n \n \n \n \n \n Tel: 07771 713608\n \n \n \n \n \n \n \n \n \n \n \n \n About Inspiration Healthcare\n \n \n \n http://www.inspiration-healthcare.com\n \n \n \n \n \n \n Inspiration Healthcare (AIM: IHC) is a global provider of medical technology for use in critical care & operating ...