Flying Brands Limited Update on Business Operations (6104U)
October 26 2017 - 1:00AM
UK Regulatory
TIDMFBDU
RNS Number : 6104U
Flying Brands Limited
26 October 2017
FLYING BRANDS LIMITED
("Flying Brands" or the "Company")
Update on Business Operations
Flying Brands (FBDU), the medical services and software company,
is pleased to update shareholders on recent progress.
Prototype testing
The prototype testing and evaluation by the StoneChecker team
has now been successfully completed.
In addition to the original goal of providing the composite
score of likely lithotripsy success, the following observations
were made:
- The semi-automatic calculation of important clinical
information has been well received by clinicians.
- Urologists and Radiologists appreciated the easy click
process, the display of important clinical information such as
stone to skin-surface distance and the map of stone density
architecture on CT.
The original StoneChecker development plans required the
collection of data in order to produce the composite score, but it
is now evident that the display of this information in itself is a
commercially attractive proposition. There is also a higher level
of interest than expected in publishing post-marketing research on
the clinical usefulness of the StoneChecker software.
Other future applications, including non-invasive stone
composition assessment (e.g. uric acid vs non-uric acid) has been
piloted at Peking Union Medical College Hospital, Beijing, China
with promising results. This application has potential benefits in
assisting in treatment selection and/or dietary recommendations.
This new data will be incorporated in future releases of the
commercial software.
CE marking
The StoneChecker team has worked assiduously with the North
American software developer and regulatory consulting partners to
reduce the previously announced delay to the CE marking program and
now anticipates attaining CE marking before the end of 2017.
**ENDS**
For further information please contact:
Flying Brands Limited
Qu Li/Trevor Brown/Vinod Kaushal
Tel: 020 7469 0930
Peterhouse Corporate Finance (Financial Adviser and Broker)
Lucy Williams/Heena Karani
Tel: 020 7220 9797
This information is provided by RNS
The company news service from the London Stock Exchange
END
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