Intelligent Ultrasound (IUG ), the ultrasound AI software and simulation company, announced it would donate a number of its ultrasound training simulators to the World Federation for Ultrasound in Medicine and Biology (WFUMB) in support of the latter's ongoing ultrasound education programme.

Simulators to be donated include IUG's ScanTrainer Compact obstetrics and gynaecology ultrasound simulator as well as the company's new BabyWorks neonate and paediatric training simulator that was launched at the beginning of this year.

Intelligent Ultrasound said it would also provide training for WFUMBs congresses and regional Centre of Education courses using its new web-based training facility in Cardiff.

Two key WFUMB events in 2023 will be the education courses that will be held at EUROSON 2023 in Riga, Latvia in May and the WFUMB Congress to be held in Muscat, Oman in November.

Stuart Gall, CEO of Intelligent Ultrasound commented: "We are delighted to be working with WFUMB to support their ongoing mission to bring sustainable ultrasound programmes to the underserved areas of the world. Education is a key part of this programme and the ScanTrainer and BabyWorks simulators are simulation at its best, providing very realistic practice in necessary and potentially lifesaving skills that are otherwise quite difficult to teach at the bedside. We look forward to working with WFUMB and supporting them in their excellent education programmes."

Cristina Chammas, President and Jacques Abramowicz, President-Elect of WFUMB said: "This amazing donation of a ScanTrainer and BabyWorks for obstetrics, gynaecology and paediatric ultrasound members and trainees will provide invaluable hands-on experience at our worldwide Centres of Education courses and congresses."

 

View from Vox

Intelligent Ultrasound is now an established name in ultrasound training technology, further evidenced by today's announcement. The company's support of the WFUBM and their mission to bring sustainable ultrasound programmes to undeserved areas of the world broadly speaks to IUG's success in the space and willingness to educate health care professionals around the world on the safety benefits of intelligent ultrasound training. For those interested in ethical investing, IUG checks many boxes.

Last month, Intelligent Ultrasound raised £5.2m in an oversubscribed placing at zero discount, keeping the company funded as it continues to develop its simulation and clinical AI portfolios. The new capital should be enough to keep IUG funded until it reaches profitability — a major upcoming milestone that should be on the radar of prospective and existing investors.

Intelligent Ultrasound has grown its sales from £4m in 2017 to a forecast £10m in 2022. With a strong simulation portfolio going into 2023 and three clinical AI related products launched and generating early revenues, IUG's sales growth trajectory should take it to profitability in the near term, with £25m of revenues likely by 2025. For now, IUG remains on target to meet market expectations of £10m revenues in FY22.

Follow News & Updates from Intelligent Ultrasound: