Update regarding NPXe plc

RNS Number : 2195A

Inspiration Healthcare Group PLC

28 May 2019

 

28 May 2019

Inspiration Healthcare Group plc

("Inspiration Healthcare", or the "Company") 

Update regarding NPXe plc

(formerly Neuroprotexeon Limited)

Inspiration Healthcare Group plc (AIM:IHC), the global medical technology company notes that further to the statement made on 7 December 2018 regarding the potential IPO of NPXe plc, it has recently been informed that NPXe plc is no longer looking to IPO in the UK but is pursuing a private offering in the USA, which will be conducted under US securities law. 

UK Investors remain able to participate in this private offering which is eligible for EIS/VCT relief and should contact NPXe plc directly should they wish to do so. Further announcements will be made should the Company be made aware of material developments. 

Enquiries:

Inspiration Healthcare Group plc Neil Campbell, Chief Executive Officer Mike Briant, Chief Financial Officer	Tel: [phone]
Nominated Adviser & Broker Cenkos Securities plc Mark Connelly Cameron MacRitchie	Tel: [phone]
Cadogan PR                                                                                          Alex Walters	Tel: [phone]

About Inspiration Healthcare

Inspiration Healthcare (AIM: IHC) is a global provider of medical technology for use in critical care & operating theatres. The Company provides high quality innovative products to patients around the world which help to improve patient outcomes and it actively invests in innovative product opportunities and disruptive technologies. 

Through investment in research and development the Company has 6 key own brand products that can be used within the first 6 hours of life to help premature and sick babies; helping with assessment, resuscitation, stabilisation as well as preventing brain damage.  Additionally the Company has its own range of products for maintaining normothermia pre- during and post-surgery.

With product availability extending to over 50 countries through a distribution network, Inspiration Healthcare's success has been built on continuous innovation, excellent customer service and an inherent commitment to improving patient outcomes, working in close collaboration with key opinion leaders across the globe.

In the UK and Ireland the Company has a direct sales team selling Inspiration Branded and complementary products from third parties, with an additional range of home healthcare products.  This is supported by Technical Support for planned preventative maintenance and emergency assistance.

Further information on Inspiration Healthcare can be seen at www.inspiration-healthcare.com

 

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