Business
Hyperfine, Inc. Receives Grant for an Additional Three Years to Utilize Innovative Swoop® Portable MR Imaging® System in Low and Middle-Income Countries
Clinical research, supported by funding from the Bill & Melinda Gates Foundation, has the potential to make a profound impact on global maternal and
About this update from Hyperfine, Inc.
[{"type":"text","content":"\nClinical research, supported by funding from the Bill & Melinda Gates Foundation, has the potential to make a profound impact on global maternal and childhood health\n\n\n GUILFORD, Conn.--(BUSINESS WIRE)--\nHyperfine, Inc. (Nasdaq: HYPR), the groundbreaking medical device company that created the Swoop® system, the world's first FDA-cleared portable magnetic resonance imaging (MRI) system, today announced an expansion of clinical research to study the neurological effects of early childhood malnutrition in low and middle-income countries, with funding support from the Bill & Melinda Gates Foundation. The goal of the collaborative, multi-year global study is to address the impact of malnutrition on school readiness and academic achievement in the future development of children.\n\n\nThe three-year extension is covered under a new $3 million grant through which Hyperfine, Inc. plans to make enhancements to the Swoop® Portable MR Imaging® system to improve the system’s functionality, software, and data management specifically for use in remote low and middle-income settings; to continue to support the research of and optimization of neuroimaging MRI sequences for neonates and infants; and provide technical support for all Swoop® systems that are part of the global study. This work will be carried out by Hyperfine, Inc. engineers and scientists working hand-in-hand with leading MRI physicists and imaging scientists also funded by the Bill & Melinda Gates Foundation.\n\n\n“This work is designed to benefit infants and young children throughout the world. Children born preterm, small for gestational age, or who face malnutrition, neglect, or other forms of adversity are at risk for delayed, impaired, or sub-optimal neurodevelopment,” said Dr. Khan Siddiqui, Chief Medical Officer at Hyperfine, Inc. “This investment will fill a critical role in providing an affordable, scalable method for directly evaluating the efficacy of interventions to improve infant and child health and neurodevelopment.”\n\n\nMagnetic resonance (MR) brain imaging for newborns, infants, and young children is essential for early assessment of brain development. In a medical setting, using an MRI at the patient's bedside can quickly help physicians diagnose and treat issues like difficulty breathing at birth, infections, brain inflammation, and other common brain-...