Regulatory Filings • Jan 29, 2020
Regulatory Filings
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RNS Number : 2091B
Intelligent Ultrasound Group PLC
29 January 2020
Intelligent Ultrasound Group plc
("Intelligent Ultrasound" or the "Company" or the "Group")
Ministerial visit to Intelligent Ultrasound Head Office
Intelligent Ultrasound Group plc (AIM: MED) announces that the Chancellor of the Duchy of Lancaster, The Rt Hon Michael Gove MP and the Secretary of State for Wales, The Rt Hon Simon Hart MP, visited the Group's head office to experience first hand the advances that the Group's Clinical Artificial Intelligence Division has made with its real-time AI image guidance software, AnatomyGuide.
AnatomyGuide aims to simplify ultrasound-guided needling by providing the user with real-time AI-based needle guidance software for a range of medical procedures. The Rt Hon Michael Gove MP watched a volunteer being scanned and was then scanned himself.
Both MPs were also shown the Group's world leading BodyWorks emergency medicine simulator and successfully scanned a number of simulated patients with both heart and liver conditions.
Stuart Gall, Group CEO, commented: "We were delighted to welcome both the Chancellor of the Duchy of Lancaster and the Secretary of State for Wales to our office in Cardiff. We have benefitted from private investment and also public support from both regional funding, as well as Welsh Government and Innovate UK backed R&D grants and we welcomed the opportunity to demonstrate the results of this investment to both Mr Gove and Mr Hart. Following a strong 2019 and our first major AI licensing agreement, we are now progressing commercial discussions for our second AI software product. This is an exciting time for the Group."
Enquiries:
| Intelligent Ultrasound Group plc | www.intelligentultrasound.com | ||
| Stuart Gall, CEO Helen Jones, Group Finance Director |
Tel: +44 (0)29 2075 6534 | ||
| Walbrook PR | Tel: +44 (0)20 7933 8780 or [email protected] | ||
| Anna Dunphy / Paul McManus | Mob: +44 (0)7876 741 001 / Mob: +44 (0)7980 541 893 | ||
About Intelligent Ultrasound Group
Intelligent Ultrasound (AIM: MED) develops artificial intelligence-based clinical image analysis software tools for the diagnostic medical ultrasound market and hi-fidelity virtual reality simulators for the ultrasound training market.
Based in Cardiff and Oxford in the UK, Atlanta in the US and with representation in Beijing in Asia, the Group operates two divisions:
Clinical AI Division
Focusses on developing deep learning-based algorithms to make ultrasound machines smarter and more accessible. Products in development include ScanNav which uses machine-learning based algorithms to automatically identify and grade ultrasound images to provide scan assessment and audit of protocol-based ultrasound scanning; and AnatomyGuide, which aims to simplify ultrasound-guided needling by providing the user with real-time AI-based needle guidance software for a range of medical procedures.
Simulation Division
Focusses on hi-fidelity ultrasound education and training through simulation. Its three main products are the ScanTrainer OBGYN training simulator, the HeartWorks echocardiography training simulator and the BodyWorks Eve Point of Care and Emergency Medicine training simulator. To date over 800 simulators have been sold to almost 500 medical institutions around the world.
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