Inspiration Healthcare has announced an additional order worth over £1.25m for ventilators to be sold through its Chinese distributor. This new order follows the regulatory approval of the SLE6000 ventilator in China, announced in April 2021, and the £250k order placed at that time. We note that these Chinese orders follow on from the announced Japanese regulatory approval of the ventilator and c£400k order placed at that time. We maintain our Buy recommendation.
17 May 2021
Cenkos: Inspiration Healthcare Group Plc -- Continued progress in Asia
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Cenkos: Inspiration Healthcare Group Plc -- Continued progress in Asia
Inspiration Healthcare Group PLC (IHC:LON) | 29.5 0.3 3.5% | Mkt Cap: 20.1m
- Published:
17 May 2021 -
Author:
Chris Donnellan -
Pages:
6
Inspiration Healthcare has announced an additional order worth over £1.25m for ventilators to be sold through its Chinese distributor. This new order follows the regulatory approval of the SLE6000 ventilator in China, announced in April 2021, and the £250k order placed at that time. We note that these Chinese orders follow on from the announced Japanese regulatory approval of the ventilator and c£400k order placed at that time. We maintain our Buy recommendation.