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 portable 'NeedleTrainer Plus'

By Josh White

Date: Friday 09 Feb 2024

LONDON (ShareCast) - (Sharecast News) - Intelligent Ultrasound announced a new product on Friday, the portable 'NeedleTrainer Plus' ultrasound-guided needling training simulator, catering to the demands of military field-based hospitals and clinical networks in remote areas.
The AIM-traded firm said the system, encased in a durable pelicase, comes equipped with a GE HealthCare Vscan handheld ultrasound device, offering flexibility and accessibility in training scenarios.

It said the NeedleTrainer employs a retractable needle and virtual image overlays to replicate needling procedures on live volunteers, facilitated by real-time ultrasound scans.

The setup would enable trainees to hone their hand-eye coordination, positioning, and precision in ultrasound-guided interventional techniques within a lifelike clinical environment, minimising inherent risks associated with practical training.

This release supplemented Intelligent Ultrasound's expanding portfolio, including the 'ScanNav Anatomy Peripheral Nerve Block', an artificial intelligence (AI)-driven tool aiding healthcare professionals in identifying and annotating anatomy within live ultrasound images.

Particularly tailored for ultrasound-guided regional anaesthesia and analgesia, the technology automatically highlights pertinent anatomy related to common peripheral nerve blocks.

Intelligent Ultrasound explained that ultrasound-guided peripheral nerve block injections had gained traction for postoperative and trauma-related pain management.

Recent findings published in the British Journal of Anaesthesia revealed a 40.4% relative increase in the use of peripheral nerve blocks in trauma cases with the availability of ScanNav Anatomy PNB, indicating enhanced clinical practice without compromising quality of care.

"We hope this new version of NeedleTrainer will support clinicians in more remote areas and help to open up additional markets for our simulators and AI software in the US, UK and through our resellers around the world as we continue to grow our classroom-to-clinic business," said chief executive officer Stuart Gall.

At 1152 GMT, shares in Intelligent Ultrasound Group were up 2.86% at 9p.

Reporting by Josh White for Sharecast.com.

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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

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