25th Mar 2020 15:56
(Alliance News) - Inspiration Healthcare Group PLC said its technology for Project Wave has been granted a patent by the US Patent Office.
The medical technology company said that Project Wave is technology for a respiratory device designed for use in neonatal intensive care.
"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," said Chief Executive Neil Campbell.
The stock was trading 3.8% lower at 74.55 pence each on Wednesday afternoon in London.
By Ife Taiwo; [email protected]
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