A company formed from Cardiff University is now worth more than £10m. MedaPhor Group plc (“MedaPhor”), the global provider of advanced ultrasound education and training for medical professionals has announced that it has raised £4.7 million ahead of its planned flotation on the AIM market of the London Stock Exchange.
MedaPhor’s lead product is ScanTrainer, a virtual reality based ‘real feel’ ultrasound training simulator that enables trainees, of any level, to literally feel what they see on the computer screen in order to develop the complex mix of cognitive skills and eye-hand movement coordination required to learn all the key ultrasound scanning skills. MedaPhor, as a Cardiff University spin-out company, is based in Cardiff in the UK and San Diego in the USA.
To read more about this story visit the MedaPhor website