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Pin to quick picksCreo Medical Share News (CREO)

Share Price Information for Creo Medical (CREO)

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Share Price: 32.25
Bid: 32.00
Ask: 32.50
Change: 0.00 (0.00%)
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IN BRIEF: Creo Medical sees first human use of MicroBlate device

Wed, 16th Jun 2021 11:56

Creo Medical Group PLC - medical device company headquartered in Chepstow, Wales - Notes the first in-human use of its "life-changing" MicroBlate Fine device, treating a patient with an unresectable pancreatic neuroendocrine tumour.

Device is used to successfully ablate pancreatic tumour tissue under endoscopic ultrasound guidance and can add months to patients life expectancy and well-being, Creo says.

The procedure was performed at Instituto Ecuatoriano de Enferemdades Digestives in Ecuador with a successful resulting outcome. Creo says the patient suffered with a condition that could not be treated surgically using traditional methods and instead required a less invasive treatment. Subsequent scans of the patient's pancreas continue to "confirm the treatment's durability".

Creo Chief Executive Craig Gulliford comments: "We are delighted to report such a positive update. The device was successfully used for the first in-human minimally invasive endoscopic ultrasound guided treatment in a patient with an unresectable pancreatic neuroendocrine tumour in December 2020.

"The outcome of the procedure was a success, with subsequent follow up scans not only showing no return of the tumour, but also an absence of any obvious scar tissue."

Current stock price: 220.00 pence; up 6.8% on Wednesday

Year-to-date change: up 13%

By Will Paige; willpaige@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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