TIDMEKF

EKF Diagnostics Holdings PLC

22 December 2022

RNS Reach

EKF Diagnostics Holdings plc

("EKF", the "Company" or the "Group")

Point-of-Care update

Further innovation across established business

Launch of hand-held lactate analyser for the veterinary market

following earlier launch of updated hand-held haemoglobin analyzer with EKF Link digital connectivity

EKF Diagnostics Holdings plc (AIM: EKF), the AIM-listed global diagnostics business , announces further product innovation in its established Point-of-Care ("POC") business with the launch of Lactate Scout Vet , a hand-held lactate analyzer designed specifically for POC testing in veterinary settings. This follows the launch of EKF's enhanced version of DiaSpect Tm , in October 2022, with wireless connectivity powered by the newly released EKF Link middleware , which allows POC test results to be centralised in one place and enables real-time remote management of data.

Lactate Scout Vet

Lactate Scout Vet uses the same proven technology that was initially developed to provide elite sports coaches and athletes with a precise and easy-to-use hand-held lactate test. Lactate Scout Vet has the ability to deliver accurate lactate measurements within 10 seconds, from just a 0.2 uL capillary blood sample, taken via earlobe prick. It has quick and easy species selection options and can store up to 500 results. Lactate Scout Vet is a user-friendly device, and the simple to navigate e-paper display provides excellent readability in varying light conditions, as well as at different viewing angles.

Lactate testing is increasingly used in the veterinary clinic for prognosis and diagnosis in a number of clinical presentations. It can be applied as a rapid triage and risk stratification tool assigning higher and lower risk categories. EKF's new Lactate Scout Vet provides validated results comparable to laboratory-based testing, allowing the veterinarian to obtain rapid, reliable results at the POC and also helps to inform treatment decisions, while providing the opportunity to monitor whole blood lactate concentration in real-time.

DiaSpect Tm launched with secure POC connectivity

In October 2022, EKF launched a new version of DiaSpect Tm, now powered by EKF Link, enabling new functions like Hematocrit calculation, quality control management and patient data management functions. DiaSpect Tm delivers laboratory quality results in one second from the microcuvette being placed into the analyzer.

The haemoglobin analyzer is palm-sized, making it easily transportable, and ideal for use in any screening setting even in challenging climatic environments, and is now compatible with the new state-of-the-art POC data management platform.

Mike Salter, CEO, of EKF, said: " With our vast experience in lactate measurement in the clinical diagnostics market, we are excited to launch our latest analyzer, Lactate Scout Vet, which is designed specifically for the veterinary market. We are already a well-established manufacturer, supplier, distributor and exporter globally of lactate analyzers, delivering dependable pre and post-sales support. We pride ourselves on developing easy-to-use devices that provide reliable, fast and accurate results."

"Just a few weeks ago, our team successfully introduced our POC testing connectivity solutions at MEDICA trade conference, including the enhanced DiaSpect Tm hand-held haemoglobin analyser and the new EKF Link digital connectivity software, both of which were well received. It is great to see that we continue to make further progress on new product and new market initiatives."

EKF's Lactate Scout Vet hand-held analyzer

DiaSpect Tm powered by EKF Link - a hand-held hemoglobin analyzer

 
EKF Diagnostics Holdings plc                                      www.ekfdiagnostics.com 
Mike Salter, CEO                                                Tel: +44 (0)29 2071 0570 
Marc Davies, CFO 
 
Singer Capital Markets (Nominated Adviser &                     Tel: +44 (0)20 7496 3000 
 Joint Broker) 
Aubrey Powell / George Tzimas / Oliver 
 Platts 
 
Investec Bank plc (Joint Broker)                                Tel: +44 (0)20 7597 4000 
Gary Clarence / Daniel Adams / Ben 
 Farrow 
 
Walbrook PR Limited                       Tel: +44 (0)20 7933 8780 or ekf@walbrookpr.com 
Paul McManus / Lianne Applegarth                  Mob: +44 (0)7980 541 893 / +44 (0)7584 
                                                                                 391 303 
 
 

About EKF Diagnostics Holdings plc ( www.ekfdiagnostics.com )

EKF is a leading global diagnostics business with custom manufacturing facilities across sites in the US, UK and Europe for a variety of life science products. EKF is focussed on the following areas:

 
 Point-of-Care            Providing a portfolio of Point-of-Care analysers and 
                           consumables, particularly for use in the area of Hematology 
                           and Diabetes, for use in hospital and research laboratories, 
                           doctor's offices, blood banks and anaemia screening 
                           programmes. EKF has an estimated 80,000 hemoglobin, 
                           hematocrit, HbA1c, glucose and lactate analysers in 
                           regular use across more than 100 countries. 
 Central Laboratory       Clinical chemistry, small lab analysers 
                           Beta-Hydroxybutyrate (<BETA>-HB) LiquiColor , Glycated 
                           Albumin 
 Life Sciences            Small and large-scale enzyme fermentation, custom 
                           and contract manufactured products 
 Contract Manufacturing   Bulk formulation, sample collection kits, private 
                           labelling, molecular and forensic kits 
 Laboratory Testing       Laboratory testing services certified under the Clinical 
                           Laboratory Improvement Amendments ("CLIA") for high 
                           complexity testing 
 

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December 22, 2022 02:00 ET (07:00 GMT)

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