Investment reports

Creo Medical Group PLC Reports Strong Current Trading

Creo Medical Group PLC (AIM:CREO) said trading so far this year has been strong, continuing the momentum seen in 2021.

“The solid progress made over the past year reinforces the board’s continued confidence in the group’s opportunities in 2022 and beyond,” Chairman Charles Spicer said in a statement released ahead of the AGM. ‘today.

The medical device company focused on surgical endoscopy saw its total sales in 2021 rise to £25.2m from £9.4m the previous year.

READ: Creo Medical signs collaboration with NASDAQ-listed medical technology Intuitive

Spicer said the commercialization of the company’s endoscopy devices continues apace.

“We anticipate that high vaccination rates in Europe and the United States will continue to mitigate the impact of COVID-19 through the remainder of 2022, allowing clinicians to focus on the huge backlog of elective cases, increasing the activity in our main areas of clinical interest. – Removal of the gastrointestinal nucleus and soft tissues,” he added.

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