US deal for Fusion IP firm
The Sheffield company, which turns university research into business, said MedaPhor, one of its Cardiff portfolio firms, has signed its first US distribution agreement for its ultrasound training simulator - ScanTrainer.
The non-exclusive agreement with Florida based Rotherfield Technologies LLC will enable ScanTrainer to access the "vast" US market for ultrasound training.
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Hide AdStuart Gall, chief executive of MedaPhor, said: "ScanTrainer's unique ability to teach the core ultrasound examination skills, without the need for an ultrasound machine or a patient and with reduced involvement by a trainer, speeds up the learning process and enables the trainer to supervise a larger number of trainees.
"We believe the system has the potential to become the world's leading ultrasound training system."