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Deltex makes loss – but seals NHS Supply Chain deal

Blood monitoring group Deltex Medical remained loss-making last year, but continued to position itself as a major supplier to the NHS.

In results for the year ended 31 December 2011, the company reported an operating loss of £1.4 million – the same as the previous year.

Revenue also remained flat at £6.3 million as the company announced a loss per share of one pence.

However, Deltex chairman Nigel Keen claimed the company “is in an exciting and unique position” after the company also announced its selection, through a tender process, to sell cardiac output monitoring equipment to the NHS in England through NHS Supply Chain.

The deal means NHS hospitals are able to purchase Deltex Medical's products from NHS Supply Chain rather than go through a separate tendering process under EU procurement rules. The agreement covers an initial period of two years, followed by the opportunity to extend for up to a further two years.

“The NHS, the world's largest healthcare provider is actively pursuing the rapid and wide-scale implementation of our products,” said Keen. “We are making considerable advances towards creating similar opportunities in other major healthcare systems around the world.”

In March 2011, the clinical watchdog NICE recommended that Deltex’s CardioQ-ODM product be considered for use in all patients undergoing major and high risk surgery.

Posted on: 07/03/2012

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