Inspiration Healthcare (AIM: IHC ) has announced it has been granted a patent by the US Patent Office for ‘Project Wave’, a respiratory device designed for use in neonatal intensive care.
The Company entered into a licence agreement with a major US West Coast University to develop ‘Project Wave’ in 2019 and continue to work towards a clinical trial for the technology.
Neil Campbell, Inspiration Healthcare's CEO commented, "This is a big milestone, knowing we have greater IP protection gives us more confidence as we move the project forward. We continue to work diligently towards applying for a small clinical trial for this ground-breaking technology which we hope to start in the summer."