IQAI - IB Stroke to be releases soon! In addition to Stonechecker sale8 Aug 2020 19:56
Inknow current re-rate is for Stonechescker sale/rolayties. But don't forget this one, next on major impact to the bottom line.
In November 2019, IQ-AI announced the addition of IB Stroke to its product roadmap. As a logical extension of its current portfolio of proven neuro products, IB Stroke has the advantage of leveraging existing FDA cleared and CE marked algorithms to rapidly generate information commonly used in the diagnosis of stroke in patients. The team at IQ-AI's subsidiary, Imagining Biometrics ("IB") is pleased to announce that the development of IB Stroke is on track. In addition, a subcommittee of the USA Jumpstarting Brain Tumour Drug Development Coalition has recently recommended that the quantitative perfusion capability, exclusive to IB, provides a singular foundation upon which to build IB Stroke and is now the consensus recommended standard for the National Clinical Trials Network.
The technology will first be made available as part of a streamlined workflow within IB Rad Tech and is on target to be released in early Q4!
IB recently passed their annual ISO 13485:2016 recertification audit; an international quality standard and pre-requisite for European distribution.
IB stroke has had recent circa $2.6m development input - so expect it to be sold for multiple of this figure as they complete the final checks. My guess will first go to the new global medical group....as hinted in the last statement/ update in the company.
And there are few more in the piple-line.
IQAI has been a sleeping beuty for a year, oversold abd forgetton, and now just waking up.