Half yearly report

MedaPhor Group plc (AIM: MED), the intelligent ultrasound software and simulation company, announces its unaudited half year results to 30 June 2018. Highlights Simulation division sales increased 23% on the comparative period to £2.5m (H1 2017: £2.1m) Strong revenue contribution from the newly launched BodyWorks Eve driven by high uptake from our reseller network Intelligent Ultrasound successfully integrated into the Group and new Clinical software division created ScanNav artificial intelligence (AI) ultrasound peer review pilots commenced in two UK hospitals NeedleGuide AI software development commenced Cash balance at 30 June 2018 of £2.5m (31 December 2017: £4.3m) Commenting on the [...]

July 25th, 2018|

MedaPhor expands ScanNav AI pilot

MedaPhor Group plc (AIM: MED), the intelligent ultrasound software and simulation company, announces that it has expanded the pilot of its ScanNav artificial intelligence (“AI”) image analysis software into its second UK hospital, at the Princess Anne Wing Ultrasound Department of the Royal United Hospitals (“RUH”), Bath. ScanNav is the first CE marked AI system to carry out an automated, real-time “peer review” of obstetric ultrasound images as the patient is scanned. Initially targeted at the UK pregnancy screening programme, offered to all women at approximately 20 weeks of pregnancy, ScanNav uses deep-learning to evaluate over 50 individual criteria to [...]

July 23rd, 2018|