Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Intelligent Ultrasound Group plc    MED   GB00BN791Q39

INTELLIGENT ULTRASOUND GROUP PLC

(MED)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancials 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector news

Medaphor : Patent Infringement Settlement

12/16/2016 | 03:08am EST

MedaPhor Group plc

('the Group' the 'Company')

Patent Infringement Settlement

Further to the statement made by the Company on 27 April 2016 (RNS No. 4638W: Notice of Patent Infringement Proceedings), the Group subsidiaries, MedaPhor Limited and MedaPhor North America Inc. (collectively 'MedaPhor'), announce that MedaPhor and SonoSim Inc. and The Regents of the University of California have reached an agreement in principle on a patent license and patent infringement settlement. As a result, the parties will proceed to formalize their agreement in writing, following which the lawsuit between the parties will be dismissed.

The settlement will be satisfied from the existing cash resources of the Group. The Company will provide a further update on the settlement once all documents are finalised.

This announcement contains inside information which is disclosed in accordance with the Market Abuse Regulations which came into effect on 3 July 2016.

Enquiries:

MedaPhor Group plc

www.medaphor.com

Stuart Gall, CEO

Tel: +44 (0)29 2075 6534

Cenkos Securities

Tel: +44 (0)20 7397 8900

Bobbie Hilliam (Nominated Adviser)

Julian Morse (Corporate Broking)

Walbrook PR

Tel: +44 (0)20 7933 8780 or medaphor@walbrookpr.com

Paul McManus / Anna Dunphy

Mob: +44 (0)7980 541 893 / Mob: +44 (0)7876 741 001

Medaphor Group plc published this content on 16 December 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 16 December 2016 08:08:06 UTC.


© Publicnow 2016
All news about INTELLIGENT ULTRASOUND GROUP PLC
2020INTELLIGENT ULTRASOUND : Says GE Healthcare Machine Using Its Technology Granted..
DJ
2020INTELLIGENT ULTRASOUND : ISO13485 certification for medical devices
PU
2020INTELLIGENT ULTRASOUND : Growth & Innovation Forum 2020
PU
2018MEDAPHOR : Trading and IUL integration update
PU
2017MEDAPHOR : Innovate UK Grant Award
PU
2017MEDAPHOR : Director Appointment
PU
2017MEDAPHOR : wins first ScanTrainer customer in India
PU
2017MEDAPHOR : Result of Annual General Meeting
PU
2017MEDAPHOR : Grant of options
PU
2017MEDAPHOR : University of Hertfordshire achieves 100% transvaginal pass rate with..
PU
More news
Financials
Sales 2019 5,92 M 8,04 M 8,04 M
Net income 2019 -4,22 M -5,74 M -5,74 M
Net cash 2019 7,22 M 9,80 M 9,80 M
P/E ratio 2019 -4,23x
Yield 2019 -
Capitalization 41,1 M 55,8 M 55,8 M
EV / Sales 2018 1,23x
EV / Sales 2019 2,50x
Nbr of Employees 45
Free-Float 78,2%
Chart INTELLIGENT ULTRASOUND GROUP PLC
Duration : Period :
Intelligent Ultrasound Group plc Technical Analysis Chart | MED | GB00BN791Q39 | MarketScreener
Technical analysis trends INTELLIGENT ULTRASOUND GROUP PLC
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Managers and Directors
NameTitle
Stuart Arthur Gall Chief Executive Officer & Executive Director
Riccardo Pigliucci Non-Executive Chairman
Ian George Whittaker Chief Operating Officer & Executive Director
Helen Mary Kinsey Jones Group Finance Director & Director
Nicholas Sleep Executive Director & Chief Technology Officer