Notice of Patent Infringement Proceedings

MedaPhor Group plc (AIM: MED), the global provider of advanced ultrasound training simulators for medical professionals, has been informed that a federal complaint for patent infringement has been filed in the United States District Court for the Central District of California against the Group. The complaint covers one patent held by the claimant and relates to the Company’s ultrasound training systems, including the ScanTutor. The Company has also been asked by the claimant to withdraw various patent applications MedaPhor has made. The complaint has been lodged by a competitor, Sonosim Inc. Following an initial review, the Directors believe that the [...]

April 27th, 2016|

Result of General Meeting

MedaPhor is pleased to announce that at its General Meeting held earlier today, all resolutions in connection with the placing of 6,397,112 new ordinary shares, as announced by the Company on 1 April 2016, were duly passed.

April 19th, 2016|

Notice of Annual General Meeting

MedaPhor Group plc (“the Company” or “the Group”), the global provider of advanced ultrasound training simulators for medical professionals, wishes to advise its shareholders that the Company’s Annual General Meeting (“the AGM”) will be held on 11 May 2016 at 10.30 a.m. at the Company’s registered office, Cardiff Medicentre, Heath Park, Cardiff, CF14 4UJ. The Group’s 2015 Annual Report which contains the formal notice of the AGM has today been posted on the Group’s website, www.medaphor.com. Hard copies of the Annual Report including the Notice and a form of proxy for use at the AGM have been posted to all [...]

April 8th, 2016|

Final audited results for the year ended 31 December 2015

MedaPhor Group plc (“MedaPhor” or “the Company” or “the Group”), the global provider of advanced ultrasound education simulators for medical professionals, announces its final audited results for the year ended 31 December 2015 and its intention to raise £3.2m in a placing with new and existing shareholders. Whilst the Company was not incorporated until 7 May 2014, it acquired MedaPhor Limited on 15 August 2014 and these final audited results have been prepared as if MedaPhor Limited had been owned and controlled by the Company throughout the current and comparative accounting periods. Highlights Sales increased 22% to £2.2m (2014: £1.8m); [...]

April 1st, 2016|

Placing to raise £3.2 million

Cardiff, UK; 1st April 2016: MedaPhor Group plc (AIM: MED), the global provider of advanced ultrasound training simulators for medical professionals, has conditionally raised £3.2 million by way of a placing of 7,111,112 new Ordinary Shares at 45 pence each with certain existing and new shareholders.  The Placing Shares have been conditionally placed by Cenkos, as agent for the Company, with institutional and other investors. On 1 March 2016, the Company announced that it had signed a three year agreement with the American Board of Obstetrics and Gynecology (“ABOG”) for the planned use of ScanTrainer as the ABOG’s ultrasound skills examination simulator within [...]

April 1st, 2016|