BFLY - Butterfly Network gets FDA nod for AI-enabled lung tool
2023-04-04 03:16:15 ET
- A digital health company, Butterfly Network ( NYSE: BFLY ) received clearance for a AI-enabled Auto B-line Counter that may simplify procedure for patients with suspected diminished lung function.
- The counter will leverage deep learning technology to produce a B-line count from just a six second ultrasound clip.
- To develop and train its AI algorithms, Butterfly uniquely utilizes its secure Butterfly Cloud to access over 3.5 million de-identified ultrasound cines.
- The company anticipates that the AI-enabled Auto B-line Counter will launch early summer in the US.
- Stock price surged 27% during late after hours on April 3.
- Contributor comments on the stock: ' Butterfly Network: Same Old Slow Growth '
For further details see:
Butterfly Network gets FDA nod for AI-enabled lung tool