Creo Medical Group plc

 

Company Profile

Company website
Sector
Healthcare Equipment and Services (Medical Equipment)
Description

Creo Medical is a medical device company focused on the development and commercialisation of minimally invasive surgical devices, by applying microwave and RF energy to surgical endoscopy. Creo has developed CROMA, an electrosurgical advanced energy platform that combines bipolar radiofrequency for precise localised cutting and microwave for controlled coagulation. This technology provides clinicians with flexible, accurate and controlled surgical solutions which are safer, less-invasive and more cost-efficient, as well as offering improved patient outcomes (shorter procedures, hospital stays and recovery times).

The Company's strategy is to bring its CROMA platform to market through a suite of medical devices which the Company has designed. Creo's Speedboat device is the first product approved in this suite of tools for minimally invasive surgery. Early applications focus initially on the emerging field of GI therapeutic endoscopy, an area with high unmet needs, but the CROMA platform will be developed further for bronchoscopy and laparoscopy procedures. The CROMA platform and Speedboat have both CE Mark accreditation and FDA 510(k) clearance.

 

Investor Access Events

17Oct
Event information
Creo Medical will be hosting an investor presentation event at their Chepstow facility to update shareholders on company strategy following the recent oversubscribed placing which raised c. £46m in net proceeds.
Venue
Creo Medical Group plc, Creo House, Beaufort Park, Beaufort Park Way, Chepstow, NP16 5UH
Time
2.30pm for 3pm on Wednesday 17 October 2018