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Butterfly Network inc   (BFLY)
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    Sector  Healthcare    Industry Medical Laboratories
   Industry Medical Laboratories
   Sector  Healthcare

Butterfly Network inc

Business Description


Butterfly Network Inc is a medical technology company that specializes in creating portable and affordable ultrasound devices. The company was founded in 2011 by Dr. Jonathan Rothberg with the vision of making high-quality medical imaging accessible to everyone.

Butterfly Network*s flagship product is the Butterfly iQ, which is a handheld, pocket-sized ultrasound device. Unlike traditional ultrasound machines that use a large console and various transducers for different imaging needs, the Butterfly iQ combines all the necessary components into a single probe.

The key innovation behind the Butterfly iQ is its use of a semiconductor chip that replaces the bulky piezoelectric crystals found in traditional ultrasound transducers. This chip uses capacitive micromachined ultrasound transducers (CMUTs), which are smaller, lighter, and more durable than their traditional counterparts.

The Butterfly iQ is connected to a smartphone or tablet via a custom mobile app, enabling medical professionals to capture and interpret ultrasound images with ease. The app also provides advanced features like image manipulation, measurements, annotations, and the ability to securely share images with other healthcare professionals.

One of the biggest advantages of the Butterfly iQ is its versatility. It can be used for a wide range of medical imaging applications, including abdominal, cardiac, obstetric, musculoskeletal, vascular, and pediatric imaging. The device has a broad range of clinical applications, from general practice and emergency medicine to cardiology and critical care.

Butterfly Network*s mission is to democratize medical imaging by making it more affordable and accessible to healthcare professionals globally. The company aims to improve healthcare outcomes by empowering medical professionals with portable and easy-to-use ultrasound technology. As the Butterfly iQ is significantly cheaper than traditional ultrasound machines, it has the potential to revolutionize patient care in resource-limited settings or remote areas where access to medical imaging is limited.

Butterfly Network has also undertaken initiatives to address global healthcare disparities. They have collaborated with various organizations to provide Butterfly iQ devices to underserved communities, both domestically and internationally. These efforts contribute to the company*s commitment to improving global health equity.

In summary, Butterfly Network Inc is a pioneering medical technology company known for its innovative and portable ultrasound devices. With their flagship product Butterfly iQ, they are transforming how medical imaging is done, making it more affordable, portable, and accessible worldwide.



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