Business
Renewal of Tecotherm and Micrel Agreements
Renewal of Tecotherm and Micrel Agreements.
About this update from Inspiration Healthcare Group Plc
[{"type":"text","content":"\n \nRNS Number : 3458T Inspiration Healthcare Group PLC 03 July 2018 \n\n \n \n3 July 2018\n \n \n \nInspiration Healthcare Group plc\n(\"Inspiration Healthcare\", the \"Company\" or the \"Group\")\n \n \n \nRenewal of Tecotherm and Micrel Agreements\n \n \n \nInspiration Healthcare Group plc (AIM: IHC), the global medical device company, is pleased to announce that it has renewed its long term distribution contract with TecCom GmbH (\"TecCom\"). TecCom manufactures a range of the highly successful Tecotherm Neo product which is used to cool and warm babies in neonatal intensive care settings. The Company also announces that it has agreed the renewal of its long term contract with Micrel Medical Devices SA (\"Micrel\"), the manufacturers of a range of infusion pumps.\n \nInspiration Healthcare has been the exclusive distributor of Tecotherm products on a worldwide basis for over 11 years and has, through supporting clinical research, helped establish the range as market leader in many countries around the world. The range of products include the Techotherm Neo designed for the cooling and warming of babies particularly in the treatment of Neonatal Encephalopathy that may cause cerebral palsy in a newborn.\n \nAn earlier version of the Tecotherm Neo, the Tecotherm TSmed200 was used in the TOBY study in the UK, which researched whole body hypothermia for the treatment of perinatal asphyxial encephalopathy and demonstrated the benefits of cooling in this patient cohort. \n \nInspiration Healthcare has been the distributor of Micrel products in the UK and Ireland for a number of years. The products are used in a wide range of infusion therapies including parenteral feeding, post operative pain management, regional analgesia, chemotherapy and a range of other applications. Micrel currently has a number of new products under development and the directors believe that Inspiration is well positioned to explore the potential of these once they are released.\n \nCommenting today, Neil Campbell Inspiration Healthcare's Chief Executive Officer said: \" We have worked successfully with both these companies for many years and are delighted to have been able to extend the relationship for future years. Both companies have outstanding products which ha...