Butterfly Network Receives $5 Million Grant to Advance Maternal and Fetal Health

Butterfly will provide 1,000 healthcare workers in sub-Saharan Africa with the technology and training needed to enable better clinical decision-making through point-of-care ultrasound

GUILFORD, Connecticut and NEW YORK, March 09, 2022–(BUSINESS WIRE)–Butterfly Network, Inc. (NYSE: BFLY), a digital health company transforming care through wearable full-body ultrasound, today announced that it has received a grant from a $5 million from the Bill & Melinda Gates Foundation to improve maternal and fetal health. With this grant, Butterfly will provide 1,000 healthcare workers in sub-Saharan Africa with Butterfly iQ+, the world’s only wearable full-body ultrasound probe.

Pregnancy complications are among the major contributors to morbidity and mortality in resource-limited health care settings. Butterfly will bring 1,000 Butterfly iQ+ probes to sub-Saharan Africa to improve community access to medical imaging. As part of this initiative, 500 catheters will be donated to mid-level practitioners in Kenya and 500 will be distributed to healthcare workers in South Africa; both distributions will focus on improving maternal and fetal health.

“Many places around the world, especially low- and middle-income countries, are diagnostic deserts, leaving practitioners with virtually no imaging modalities to aid in the diagnosis and subsequent treatment of patients,” said Dr. Todd. Fruchterman, President and CEO of Butterfly Network. “At Butterfly, we have long imagined and innovated for the next generation of points of service. With this grant, we are taking another important step towards improving global access to medical imaging and will also demonstrate how mid-level practitioners can significantly improve care for pregnant women and their unborn children. »

“For years, the Gates Foundation has supported Butterfly’s efforts to improve healthcare where it’s needed most,” said Darius Shahida, director of strategy and business development at Butterfly Network. “This new grant represents an important step towards that goal in its ability to signal the transformational impact of Butterfly’s technology in some of the most remote settings.

Butterfly Network will document best practices for the use of point-of-care ultrasound that can be leveraged to optimize the qualitative and quantitative clinical and economic impact of Butterfly iQ+ deployments in other care settings. Additionally, a portion of this grant will also be used to accelerate the launch of new maternal and fetal health features available in the Butterfly iQ+ mobile app.

To learn more about the impact of Butterfly technology and to view a demonstration of Butterfly iQ+, please visit: https://www.butterflynetwork.com.

About the Butterfly Network
Founded by Dr. Jonathan Rothberg in 2011 and listed on the New York Stock Exchange as part of a business combination with Longview Acquisition Corp., Butterfly has created the world’s first portable, single-probe body ultrasound system using semitrailer technology. -drivers, the Butterfly iQ+. Butterfly’s mission is to democratize medical imaging and contribute to the aspiration for global health equity, by making high quality ultrasound affordable, easy to use, globally accessible and intelligently connected. , including for the 4.7 billion people worldwide who do not have access to ultrasound. . With its proprietary Ultrasound-on-Chip™ technology, Butterfly is leading the way in early detection and remote management of health conditions worldwide. Butterfly iQ+ can be purchased online today by healthcare professionals in the United States, Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Ireland, Italy, the Netherlands, New Zealand, Norway, Poland, Portugal, Spain, Sweden, Switzerland and the United Kingdom.

Butterfly iQ+ is a prescription device intended for qualified healthcare professionals only.

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contacts

butterfly network

Mmedia
spring holly
781.888.8219
[email protected]

Investors
Agnes Lee
650.677.9138
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