Intelligent Ultrasound Group (IUG)

Sector:

Health Care

Index:

FTSE AIM All-Share

8.85p
   
  • Change Today:
    -0.35p
  • 52 Week High: 15.80
  • 52 Week Low: 8.00
  • Currency: UK Pounds
  • Shares Issued: 326.87m
  • Volume: 30,109
  • Market Cap: £28.93m
  • RiskGrade: 164

Intelligent Ultrasound unveils new prenatal AI programme

By Josh White

Date: Thursday 23 Nov 2023

LONDON (ShareCast) - (Sharecast News) - Intelligent Ultrasound unveiled a new artificial intelligence (AI) development programme focused on gestational age estimation in prenatal care on Thursday.
The AIM-traded firm said the initiative introduced the ScanNav FetalCheck scanning technology, designed to provide accurate gestational age (GA) assessments with minimal training, catering to both skilled and unskilled users.

It explained that pregnant women typically undergo two routine ultrasound scans during their pregnancy journey.

The initial scan, conducted between 11 and 14 weeks, confirms the viability of the foetus and determines the gestational age, which is crucial for pinpointing the expected due date.

The second scan, conducted at 18 to 20 weeks, aims to identify congenital abnormalities. Additional scans may be recommended for monitoring high-risk or complex pregnancies.

Intelligent Ultrasound said the accuracy of gestational age measurement was vital in pregnancy management, facilitating the assessment of foetal growth and aiding in treatment decisions if complications arise.

However, in low and middle-income countries (LMICs), determining GA remains challenging as it requires trained sonographers, a skill that often needs to be improved among front-line healthcare workers.

The company said the ScanNav FetalCheck software could revolutionise antenatal care in LMICs and high-income countries (HICs) by enabling non-skilled users to obtain precise GA measurements with minimal training.

Furthermore, it eliminated the need for expensive high-end ultrasound machines, making it accessible in primary care settings where it can benefit pregnant women.

Additionally, Intelligent Ultrasound announced that a prominent African university had acquired four ScanNav FetalCheck systems.

The systems would be used in a trial to evaluate biomarkers and other factors affecting the likelihood of stillbirth.

"The use of ScanNav FetalCheck in this first field study is a testament to the ease of use of our new AI software," said chief operating officer Nicholas Sleep.

"Our mission is to make ultrasound easier to learn and simpler to use.

"This is the next step on our journey to achieving this and putting ultrasound into the hands of front-line health practitioners."

At 1100 GMT, shares in Intelligent Ultrasound Group were up 3.66% at 9.2p.

Reporting by Josh White for Sharecast.com.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

IUG Market Data

Currency UK Pounds
Share Price 8.85p
Change Today -0.35p
% Change -3.80 %
52 Week High 15.80
52 Week Low 8.00
Volume 30,109
Shares Issued 326.87m
Market Cap £28.93m
RiskGrade 164

IUG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
21.45% below the market average21.45% below the market average21.45% below the market average21.45% below the market average21.45% below the market average
3.23% below the sector average3.23% below the sector average3.23% below the sector average3.23% below the sector average3.23% below the sector average
Price Trend
53.96% below the market average53.96% below the market average53.96% below the market average53.96% below the market average53.96% below the market average
2.7% below the sector average2.7% below the sector average2.7% below the sector average2.7% below the sector average2.7% below the sector average
Income Not Available
Growth
35.46% above the market average35.46% above the market average35.46% above the market average35.46% above the market average35.46% above the market average
50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average

IUG Dividends

No dividends found

Trades for 26-Apr-2024

Time Volume / Share Price
11:50 30,000 @ 9.00p
10:36 109 @ 9.10p

Top of Page