Business
European Patent granted for Project WAVE
European Patent granted for Project WAVE.
About this update from Inspiration Healthcare Group Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 1826H\n Inspiration Healthcare Group PLC\n 02 December 2020\n \n \n \n \n \n \n \n Inspiration Healthcare Group plc\n \n \n (\"Inspiration Healthcare\", the \"Company\" or the \"Group\")\n \n \n \n \n \n European Patent granted for Project WAVE\n \n \n \n \n \n Inspiration Healthcare Group plc (AIM: IHC), the global medical technology company, is pleased to announce that \"Project WAVE\" has been granted a patent by the European Patent Office and can now be validated in individual countries within the EU.\n \n \n \"Project WAVE\" is a \n novel technology used \n in a respiratory device for neonatal intensive care\n which was acquired under licence by Inspiration Healthcare in 2019 from \n a major US West Coast University. The \n project has been granted a patent by the US Patent Office which was announced on 25 March 2020.\n \n \n On 16th November 2020 it was announced that the UK Medicines and Healthcare products Regulatory Agency (MHRA) has cleared project WAVE for clinical testing which is expected to commence in the new year at the Trevor Mann Baby Unit, Brighton & Sussex University Hospital (Royal Sussex). \n \n \n Neil Campbell, Chief Executive Officer, commented: \"As we continue to move forward in the development of Project WAVE this is another milestone passed and one which both protects our IP and the investment we have made to ensure that this technology soon becomes adopted in hospitals, and we remain confident that once this happens, we will begin to see improved medical outcomes using this novel technology.\" \n \n \n \n \n \n Enquiries:\n \n \n \n \n \n \n \n \n Inspiration Healthcare Group plc\n \n \n Neil Campbell, Chief Executive Officer\n \n \n Jon Ballard, Chief Financial Officer\n \n \n \n \n Tel: 01455 840555\n \n \n \n \n \n \n \n \n \n Nominated Adviser & Broker \n \n \n Cenkos Securities plc \n \n \n Mark Connelly\n \n \n Stephen Keys\n \n \n \n \n Tel: 0207 397 8900\n \n \n \n \n \n \n \n \n \n Cadogan PR \n \n \n Alex Walters\n \n \n \n [email protected]\n \n \n \n \n \n Tel: 07771 713608\n \n \n \n \n \n \n \n \n \n \n \n \n About Inspiration Healthcare\n \n \n \n http://www.inspiration-healthcare.com\n \n \n \n \n \n \n Inspiration Healthcare (AIM: IHC) is a global provide...