- Butterfly iQ3 is built on the next-generation P4.3
Ultrasound-on-Chip™ technology with the world’s fastest digital
data transfer, enhancing frame rates, frequency and new 3D imaging
capabilities – all on a smaller, lighter and more ergonomically
designed probe.
- Effective today, Butterfly iQ3 is available for purchase via
direct sales representatives and Ecommerce in the United
States.
Butterfly Network, Inc. (“Butterfly”, “the Company”) (NYSE:
BFLY), a digital health company transforming care through the power
of portable, semiconductor-based ultrasound technology and
intuitive software, announced today the commercial launch of its
third-generation handheld point-of-care ultrasound (POCUS) system,
Butterfly iQ3™, which received FDA clearance last month. Butterfly
iQ3 is powered by the Company’s most advanced semiconductor chip
with a data transfer rate that is double that of its predecessor.
The result is unparalleled image quality and faster
micro-beamforming for advanced 3D capabilities: iQ Slice™ and iQ
Fan™.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20240213652085/en/
The Butterfly iQ3 device featuring a new
user-centric ergonomic design that is smaller, lighter and better
weight distributed.
“Butterfly iQ3 is a pivotal moment in Butterfly’s trajectory,
further validating the company’s initial hypothesis that
semiconductor-based digital ultrasound is not only viable, but the
future of all ultrasound,” said Joseph DeVivo, Butterfly Network’s
President, Chief Executive Officer, and Board Chairman. “With the
introduction of iQ3, we’re witnessing a paradigm shift in
ultrasound. iQ3 sets a new standard where digital image quality
matches that of traditional handheld devices, and even certain
carts. This device will attract more seasoned POCUS experts to
choose Butterfly and support new learners to gain confidence and
competency through artificial intelligence and advanced imaging
tools.”
Unparalleled image quality.
Butterfly iQ3 brings best-in-class, high-resolution image
quality with twice the processing power compared to Butterfly iQ+
and a novel “no focus” rubber lens, enabling providers to
intuitively identify anatomy, observe small structures, and
ultimately, make more confident diagnostic decisions. In a blind
survey distributed by third-party vendor, Intellisurvey, 475
clinicians across more than eight specialties compared Butterfly
iQ3 images to GE Vscan Air™ CL, with the majority across all
categories ranking iQ3’s overall image quality better than that of
GE Vscan Air™ CL.*
"Healthcare is at a cornerstone in the adoption of point-of-care
ultrasound. Bedside ultrasound has the potential to vastly increase
the information available to clinicians for proper assessment,
intervention, and prevention of cardiovascular diseases and other
conditions across the human body," said Partho Sengupta, MD, Henry
Rutgers Professor and Chief of Cardiology at Rutgers Robert Wood
Johnson Medical School and Robert Wood Johnson University Hospital.
"I use Butterfly in my clinical practice and in clinical research.
The introduction of Butterfly iQ3 includes a focus on higher
precision capabilities for cardiovascular point-of-care ultrasound
applications to inform complex decisions. In my early experience, I
found that the enhancements in visualization technology and
artificial intelligence, as well as image quality will greatly
assist health care professionals in our efforts to continually
improve outcomes for our patients.”
Novel tools: iQ Slice and iQ Fan.
Launching on Butterfly iQ3 are two new, advanced 3D imaging
capabilities designed to make image capturing easier: iQ Slice and
iQ Fan. These tools join Butterfly’s existing robust feature list
of over 20 anatomical presets, six imaging modes (B-Mode, M-Mode,
Color Doppler, Power Doppler, Pulsed-Wave Doppler, and Biplane
Imaging™) and collection of artificial intelligence (AI) and
advanced imaging tools (e.g, Auto Bladder Volume Capture, Auto
B-Line Counter, NeedleViz™, and a rich set of Calculation
tools).
- Butterfly iQ Slice: The world’s first automated,
sequential ultrasound capture mode on a handheld device, made
uniquely possible by Butterfly’s proprietary Ultrasound-on-Chip™
technology. iQ Slice automatically steers the beam to scan an organ
and capture up to 46 ultrasound slices at a time across a wide
angle. The imaging mode is designed to make it easier and faster to
acquire excellent images without skilled maneuvering. These files
can either be immediately read and measured at the bedside by
skilled scanners, or for those less experienced, can be sent to a
specialist for further review – similar to the workflow of a CT or
MRI.
- Butterfly iQ Fan: A dedicated lung tool that further
builds on the core iQ Slice technology to allow providers to
benefit from real-time, back-and-forth virtual fanning, making it
easier to visualize A-lines and other lung conditions. With iQ Fan
the user no longer needs to manually fan the probe, and can just
focus on analyzing the images.
“The next-generation P4.3 chip we developed with TSMC [“Taiwan
Semiconductor Manufacturing Company Limited”, NYSE: TSM], the
world’s leading semiconductor foundry, is the foundation for the
Butterfly iQ3 hardware platform. From the micron-sized MEMS1 that
transmit and receive ultrasound to the electronics and mechanical
heat dissipation, we’ve improved device performance across the
board. Our customers will have a seamless experience that’s fully
integrated across hardware, mobile app, and enterprise software.”
said Andrei Stoica, PhD, Chief Technology Officer, Butterfly
Network.
“TSMC has partnered with Butterfly to push the boundaries of
ultrasound imaging through innovative CMOS-MEMS2 integration and
our latest collaboration in delivery of Butterfly iQ3 represents
our joint research and development efforts, resulting in incredibly
advanced imaging capabilities,” said Lucas Tsai, Senior Director of
Market Development and Emerging Business Management, TSMC North
America. “TSMC continues to put substantial effort into developing
more advanced CMOS and MEMS technologies to enable our customers
like Butterfly to unleash semiconductor innovation for applications
from traditional motion sensing to microphone, bio-sensing,
micro-speakers, and medical ultrasound to enhance human
convenience, health, and safety.”
The new shape of ultrasound: enhanced
comfort and efficiency.
Butterfly iQ3 features a new user-centric ergonomic design that
is smaller, lighter and better distributed, and with even stronger
battery:
- 17% smaller probe face allows for better intercostal
access for cardiac and lung imaging, as well as vascular
access.
- 7% shorter probe with ergonomic weight distribution
designed to reduce the physical strain on scanners and ensure
better control and maneuverability, which allows for more precise
and comfortable scans.
- 3 configurable control buttons can be tailored for
functionality, allowing for user-friendly, seamless navigation,
quick scans and interpretations, saving critical time during
diagnoses.
- 2.5x faster charge time than Butterfly iQ+ and up to
2 hours of thermal run time for outstanding continuous
scanning.
Butterfly Network’s Chief Medical Officer, John Martin, MD,
concludes, “With Butterfly iQ3, we set out to give clinicians the
clear leading solution in point-of-care ultrasound. We built this
device to meet the needs of the end user every step of the way,
whether they’re an advanced scanner or just starting out, and we
achieved this. We delivered a probe that will always be ready for
them. Immediate boot up to clear imaging, long run time,
fit-in-hand comfort, customizable controls, and rapid charging… all
at a price that’s still below incumbents.”
As of today, February 13, 2024, Butterfly iQ3 is now
commercially available to healthcare providers in the United States
for $3,899 plus membership. To learn more about the Butterfly iQ3
or to purchase, visit: www.butterflynetwork.com/iq3
Butterfly will host a Virtual Launch Event today, February 13,
2024, from 4:30-6:00 pm ET featuring product demonstrations and
thought leader discussion: view details and register.
The news follows Butterfly’s release of ScanLab™ last month, a
separate AI-powered educational application for ultrasound scanning
practice that is available for download to all Butterfly members at
no additional cost, and is compatible with Butterfly iQ3, as well
as prior generations.
About Butterfly Network
Founded by Dr. Jonathan Rothberg in 2011, Butterfly Network is a
digital health company with a mission is to democratize medical
imaging by making high-quality ultrasound affordable, easy-to-use,
globally accessible, and intelligently connected, including for the
4.7 billion people around the world lacking access to ultrasound.
Butterfly created the world's first handheld single-probe,
whole-body ultrasound system using semiconductor technology,
Butterfly iQ. The company has continued to innovate, leveraging the
benefits of Moore’s Law, to launch its second generation Butterfly
iQ+ in 2020, and third generation iQ3 in 2024 – each with increased
processing power and performance enhancements. The disruptive
technology has been recognized by TIME’s Best Inventions, Fast
Company’s World Changing Ideas, CNBC Disruptor 50, and MedTech
Breakthrough Awards, among other accolades. With its proprietary
Ultrasound-on-Chip™ technology, intelligent software, and
educational offerings, Butterfly is paving the way to mass adoption
of ultrasound for earlier detection and remote management of health
conditions around the world. Butterfly devices are commercially
available to trained healthcare practitioners in areas including,
but not limited to, parts of Africa, Asia, Australia, Europe, the
Middle East, North America and South America; to learn more about
available countries, visit:
butterflynetwork.com/choose-your-country.
Endnotes and definitions: *Internal data available upon
request.
1MEMS: Micro-Electro-Mechanical systems
2CMOS-MEMS: are micromachined systems in which MEMS
(Micro-Electro-Mechanical systems) devices are integrated with CMOS
(Complementary Metal-Oxide-Semiconductor) circuitry on a single
chip to enable miniaturization and performance improvement.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240213652085/en/
Butterfly Media: Liz Learned Head of Corporate
Communications, Butterfly media@butterflynetwork.com Butterfly
Investors: Heather Getz Chief Financial and Operations
Officers, Butterfly investors@butterflynetwork.com or Neal
Nagarajan IR Agency Representative, Sloane & Company Sloane
& Company (301) 273-5662 nnagaragan@sloanepr.com
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