TIDMIUG

RNS Number : 4735D

Intelligent Ultrasound Group PLC

20 October 2022

20 October 2022

Intelligent Ultrasound Group plc

(the "Group" or the "Company" or "Intelligent Ultrasound")

FDA grants ScanNav Anatomy PNB clearance for sale in the USA

Intelligent Ultrasound (AIM: IUG), the 'classroom to clinic' ultrasound company, specialising in artificial intelligence (AI) software and simulation announces that the US Food & Drug Administration (FDA) has granted De Novo clearance for clinical use of its AI medical device, ScanNav Anatomy Peripheral Nerve Block (PNB) in the USA. The ScanNav Anatomy PNB product can now be launched into the USA anaesthesiology ultrasound market.

ScanNav Anatomy PNB uses the latest AI technology to assist qualified healthcare professionals to identify and label anatomy in live ultrasound images in preparation for ultrasound guided regional anaesthesia. The real-time anatomy highlighting supports healthcare professionals who perform ultrasound-guided procedures on a less frequent basis by making it easier for them to interpret the ultrasound view of the patient's anatomy.

By classifying ScanNav Anatomy Peripheral Nerve Block (PNB) under its de novo programme, the FDA has concluded that there are no devices already on the market which meet the same clinical need. It has therefore created the new generic type of device classification of real-time anatomy visualization and labelling device for ultrasound guided regional anaesthesia.

ScanNav Anatomy PNB highlights the anatomy associated with 9 common peripheral nerve blocks and will be sold as a stand-alone device that can be plugged into compatible general-purpose diagnostic ultrasound systems. Users can also re-familiarise themselves with scanning for specific blocks by using the system's integrated 3D animation reference materials.

Ultrasound-guided peripheral nerve block injections are increasingly used for pain relief after surgery and trauma, or as a prudent alternative to general anaesthesia. However, many practitioners do not carry out the procedures regularly, often due to under confidence with ultrasound anatomy. Through the adoption of ScanNav Anatomy PNB, it is hoped that hospitals will be able to increase their delivery of ultrasound-guided nerve blocks.

The Company intends to launch the system to the US market shortly through its existing in-house sales resources based in Alpharetta, Georgia. In addition, the Company continues to seek to license an integrated version of the product to the major ultrasound manufacturers. ScanNav Anatomy PNB is already licensed for clinical use in the UK and Europe. A training simulator is available for medical training on volunteers, prior to patient contact, outside the USA, UK and Europe.

Stuart Gall, CEO of Intelligent Ultrasound Group plc, commented: "We're delighted to have received the FDA De Novo grant for our second AI product, and to build on the success of ScanNav Assist, our obstetric AI software. ScanNav Anatomy PNB will launch into the US anaesthesiology ultrasound market, continuing the expansion of our AI-based real-time clinical ultrasound image analysis software. Although all new medical markets take time to develop, we are excited about the long-term potential of our increasing range of AI image analysis products."

Enquiries:

 
 Intelligent Ultrasound Group                                    www.intelligentultrasound.com 
  plc 
 Stuart Gall, CEO                                                     Tel: +44 (0)29 2075 6534 
 Helen Jones, CFO 
 
 Cenkos Securities                                                    Tel: +44 (0)20 7397 8900 
 Giles Balleny / Max Gould (Corporate 
  Finance) 
 Dale Bellis / Julian Morse (Sales) 
 
 Walbrook PR                  Tel: +44 (0)20 7933 8780 or intelligentultrasound@walbrookpr.com 
 Anna Dunphy                                                          Mob: +44 (0)7876 741 001

About Intelligent Ultrasound Group

Intelligent Ultrasound (AIM: IUG) is one of the world's leading 'classroom to clinic' ultrasound companies, specialising in real-time hi-fidelity virtual reality simulation for the ultrasound training market ('classroom') and artificial intelligence-based clinical image analysis software tools for the diagnostic medical ultrasound market ('clinic'). Based in Cardiff in the UK and Atlanta in the US, the Group has two revenue streams:

Simulation

Real-time hi-fidelity ultrasound education and training through simulation. Our main products are the ScanTrainer obstetrics and gynaecology training simulator, the HeartWorks echocardiography training simulator, the BodyWorks Eve Point of Care and Emergency Medicine training simulator with Covid-19 module and the new BabyWorks Neonate and Paediatric training simulator. To date over 1,400 simulators have been sold to c. 700 medical institutions around the world.

Clinical AI software

Deep learning-based algorithms to make ultrasound machines smarter and more accessible using our proprietary ScanNav ultrasound image analysis technology. Current products on the market utilising this technology are GE Healthcare's SonoLyst software that is incorporated in their Voluson Expert 22 and SWIFT ultrasound machines; ScanNav Anatomy PNB that simplifies ultrasound image interpretation by providing the user with real-time AI-based anatomy highlighting for a range of ultrasound guided regional anesthesia procedures; and NeedleTrainer that teaches real-time ultrasound-guided needling and incorporates ScanNav Anatomy PNB.

www.intelligentultrasound.com

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