Abdul Latif Jameel Health & Butterfly Network enter strategic distribution partnership to bring Butterfly iQ+ ultrasound device to a potential 2 billion people across the Middle East, North Africa, Turkey & India.
Abdul Latif Jameel Health intro Butterfly Networks to Middle East Africa Turkey and beyond
- The Butterfly iQ+ is the world’s only single-probe, whole-body, handheld imaging device with the potential to bring medical imaging to remote communities often for the first time and assist physicians in difficult medical situations.
- The innovative device has been described as ‘the stethoscope of the future – a true window into the body’ – Butterfly Network is committed to democratizing healthcare by making medical imaging accessible to everyone around the world.
- Founded in 2020, Abdul Latif Jameel Health was created as a response to the ongoing global disparity in access to modern medical care, focusing on accelerating healthcare inclusion across the global south.
Guilford, CT/New York, NY, and Dubai, UAE: November 15, 2021:
Abdul Latif Jameel Health, part of international diversified family business Abdul Latif Jameel, and Butterfly Network, Inc. (NYSE: BFLY), an innovative digital health company working to democratize medical imaging and contribute to the aspiration of global health equity, today announced a strategic distribution partnership to broaden the availability of Butterfly iQ+ – the world’s only single probe, whole-body handheld ultrasound solution.
From underserved communities in the United States, to remote areas of Africa, more than 4.7 billion people around the world lack access to medical imaging. Abdul Latif Jameel Health will introduce the innovative ultrasound product, powered by Butterfly’s Ultrasound-on-ChipTM technology to markets across the Middle East, North Africa, Turkey, and India.
Fusing semiconductors, artificial intelligence, and cloud technology, Butterfly has the potential to usher in a new era of healthcare with a device that is expected to cost less than US$ 2,400. The product is designed to dramatically expand the capabilities of practitioners working within and outside of hospitals in developed, underdeveloped and remote areas.
Healthcare providers can collect advanced imaging, perform rapid assessments, and guide critical procedures no matter where they are, and share those images seamlessly with doctors across the globe to help with reading and interpreting scans.
Dr. Akram Bouchenaki, Chief Executive Officer, Abdul Latif Jameel Health, said: “The mission that is so clearly driving the development of Butterfly Network and the innovation on display is entirely aligned with our vision at Abdul Latif Jameel Health, of how to improve access to healthcare for those who need it most and drive inclusive health care through innovation.
“The capabilities of this innovative, portable and versatile handheld ultrasound solution know no bounds and we are committed to delivering this technology to serve more than 2 billion people. It is our mission to collaborate with sector disruptors, those who question how healthcare services have always been delivered, and how the billions of people in underserved communities can be better served.”
Butterfly recently announced that its iQ+ device is even being delivered beyond Earth, providing medical imaging on the International Space Station, as part of the 22nd SpaceX Dragon cargo resupply payload in June 2021. Once delivered, astronauts will provide feedback on the ease of using the device, the quality of the produced ultrasound images, and the efficiency of image acquisition.
“Our partnership with Abdul Latif Jameel Health is about more than democratizing medical imaging and making it more accessible; it is about empowering all healthcare practitioners with an invaluable, advanced assessment tool,” said Dr. Todd Fruchterman, President and Chief Executive Officer, Butterfly Network. “The power of the Butterfly solution transcends the limits of traditional ultrasound by delivering valuable information to improve clinical decision-making and the care that is delivered. We are excited to work with an aligned partner, like Abdul Latif Jameel Health, to not only get Butterfly in the hands of more clinicians worldwide to improve global health equity, but to level the playing field for all by empowering practitioners to be better clinicians, wherever they may be.” To learn more about the impact of Butterfly technology and to view a demo of Butterfly iQ+, please visit: https://www.butterflynetwork.com. As part of this collaboration, Butterfly IQ+ will be brought to new markets as detailed above, beginning in the first quarter of 2022.
 https://ir.butterflynetwork.com/news/news-details/2021/The-Butterfly-iQ-Catches-a-Ride-on-the-SpaceX-Dragon-to-Space/default.aspx https://finance.yahoo.com/news/butterfly-iq-catches-ride-spacex-120000013.html
 Cumulative population figures from World Bank/United Nations data for markets subject to the distribution agreement.
Notes to Editors
About Abdul Latif Jameel Health
Backed by Abdul Latif Jameel, one of the most respected diversified family businesses and investors with a 75-year heritage, deep roots, and established networks alongside a multi-sector presence in 30 countries across six continents, Abdul Latif Jameel Health is uniquely positioned as a trusted partner in realizing major innovations and opportunities in the healthcare world.
Abdul Latif Jameel Health reflects the Jameel family’s long-established commitment to innovating for a better future through Community Jameel, an international organization supporting science and technology-led solutions to global challenges. Community Jameel and MIT co-founded the Abdul Latif Jameel Clinic for Machine Learning in Health (Jameel Clinic) in September 2018 – which has rapidly become the very epicenter of AI and healthcare at MIT – and the Abdul Latif Jameel Institute for Disease and Emergency Analytics (Jameel Institute) co-founded with Imperial College London, in October 2019, using novel data analytics to reduce global risk of preventable disease most recently including the 2020 COVID-19 pandemic, and strengthening health systems in the most fragile settings.
Abdul Latif Jameel Health takes this commitment into the commercial environment addressing tangible real-world needs today, for a better tomorrow. It is focused on health care inclusion in the global south, accelerating access to modern medical care for those who need it most by opening up/growing new markets for distribution of existing solutions and investing in the future of MedTech.
Abdul Latif Jameel actively invests in innovative, early-stage and breakthrough ventures and technology, aiming to positively shape the future of core industries driving the global economy through its’ investments that span medical and healthcare industries, from pharmaceuticals and vaccines to cutting-edge medical technology, along with emergent technologies across FinTech, InsurTech, electric vehicles and future mobility solutions.
About Abdul Latif Jameel
Abdul Latif Jameel is a global investor and diversified, private family owned business celebrating its 75th anniversary in 2020. It is comprised of a number of independent entities across a number of major industry sectors including: passenger vehicles; commercial vehicles and equipment; logistics; engineering and manufacturing; financial services; energy and environmental services, health; land and real estate: consumer products and advertising and media. Strong trusted networks and long-established relationships make Abdul Latif Jameel a powerful business and investment collaborator across the world. It currently has a presence in more than 30 countries on six continents and employs more than 11,000 people of over 40 nationalities.
For further information, visit: https://aljhealth.com.
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About Butterfly Network
Founded by Dr. Jonathan Rothberg in 2011 and recently listed on the New York Stock Exchange through a business combination with Longview Acquisition Corp., Butterfly Network created the world’s only handheld, single-probe whole-body ultrasound system using semiconductor technology, the Butterfly iQ. Its mission is to democratize medical imaging and contribute to the aspiration of global health equity 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. Through its proprietary Ultrasound-on-Chip™ technology, Butterfly is paving the way for earlier detection and remote management of health conditions around the world. The Butterfly iQ+ can be purchased online today by healthcare practitioners 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 trained and qualified healthcare professionals only.
For more information, visit www.butterflynetwork.com.
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Butterfly Network Forward Looking Statements
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