Report

Spectral MD - $4m funding for DeepView SnapShot® M

Spectral MD has been awarded $4m for the further funding of its DeepView SnapShot® M handheld device under development for the US military. The funding is to be provided by the Medical Technology Enterprise Consortium. This award follows a total of $1.8m in funding already provided by the Defense Health Agency toward the development of a handheld device with similar capabilities to Spectral MD's cart based DeepView SnapShot® technology and continues Spectral MD's ongoing success in gaining US government support for the development of its technologies specifically targeting burn evaluation but which have wider application, for example in the assessment of Diabetic Foot Ulcers.
Underlying
SPECTRAL MD HOLDINGS LTD.

Provider
Capital Access Group
Capital Access Group

Capital Access Group advises companies on effective engagement with investors. Our experienced team offers market-leading access with hard-to-reach investors, including smaller institutions, pension funds and private client fund managers. These under-serviced investors are located not only in London but across the regions of the UK and Europe. We have an unrivalled knowledge of this extensive audience, to whom our published research is distributed, as well as to larger institutions. We offer this service as part of an integrated investor communications strategy to promote a company’s investment story.

Our clients, ranging from AIM to FTSE 100 companies, benefit from our professional, long-term relationships with investors. Not only do we identify and target investors, we contact them directly and relay their views back to clients with analysis, interpretation and advice. This ensures that our clients are in control of their investor engagement. The objective is to improve the reach and engagement with investors, which in turn strengthens the share price.

Analysts
Colin Smith

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