Tern Share Discussion Threads

[oldishrocker] 26/9/2019 10:17

The rns yesterday had some good clues, it was just wrote in Al's glass half empty way. Looking forward to his glass being full to the brim with a nice head on it. Gla

[goofrob] 26/9/2019 10:15

More great news this morning...FVR expanding very quickly plus DA working hand in hand with most of the key big players...many..many pounds not pence here. Ignore the paid trolls. GLA serious holders.

[jonc] 26/9/2019 10:07

Nonsense.

FVR operate in a niche area.

[mike routhorn] 26/9/2019 10:03

Kk, global indeed. From yesterday's interrims -

'A June 2019 report by MarketsandMarkets highlighted that the medical simulations market is expected to reach US$5.16 billion by 2027'

And FVR are after pretty much all of it.

That sound you can hear is unicorn hooves approaching.

And to briefly touch on something someone mentioned earlier, it is highly likely that DA have dedicated teams dealing with the likes of Intel, Thales/Gemalto and Microsoft and as these bespkoke solutions get rolled out by these top drawer blue chips revenue will snowball.

Wonder if we'll get something meaty before the conference call.

[duxy786] 26/9/2019 09:58

The latter of what jonC has stated, will happen if no further funding is provided to tern.

[kkrr11ss2] 26/9/2019 09:52

FVR Going global

“Our team is dedicated to providing every surgeon and trainee in the world......... with safe and accessible surgical simulations that they can use to train and improve their skills throughout their careers,” ;said Richard Vincent, Founder and CEO of FundamentalVR. “The new addition of the Facetectomy simulation along with the Fundamental Surgery Score continues this effort by giving our users full free decisioning over both tool choice and operative approach”

[ebomber] 26/9/2019 09:45

FUNDAMENTAL SURGERY EXPANDS EDUCATIONAL SURGICAL SIMULATION PLATFORM WITH NEW FACETECTOMY PROCEDURE AND FUNDAMENTAL SURGERY SCORE

Platform Introduces New Simulation Offering and Performance Score that Provides Trainees and Instructors with Clear Assessment of Each Users’ Step by Step Performance and Growth

LONDON – September 26th, 2019 - Today, FundamentalVR, pioneers of immersive HapticVRTM training technology, which combines virtual reality (VR) with haptics (sense of touch), has announced its educational platform, Fundamental Surgery, has extended its simulation offering with a new Facetectomy procedure. Additionally, the platform is rolling out the Fundamental Surgery Score, aimed at providing users and their mentors with even more reporting and assessment around their individual surgical performances.

Orthopedic Simulation Offering Extended with Facetectomy Procedure

With the mission to democratize surgical simulations and make safe training platforms easily accessible to every surgeon in the world, FundamentalVR created Fundamental Surgery to provide surgeons with similar visuals, feelings and scenarios expected during surgery to allow them to practice and hone their skills anywhere, at any time. The new Facetectomy procedure joins a range of additional orthopedic and spine simulations and gives users the opportunity to repeatedly train in the removal of the facet joint using a bone nibbler and Kerrison Rongeur using HapticVRTM technology.

The Facetectomy simulation lets trainees and surgeons practice the surgical procedure through an immersive, self-directed experience where they can remove a volume of bone material piece-by-piece, anywhere on the joint. Through the platform’s voxel technology, users can make decisions and execute every step of their desired approach and anatomical involvement. In relevant areas of the procedure, users can make realistic and meaningful choices around tool use, with the potential to make mistakes giving the opportunity to learn correct methods through practice.

The procedure also incorporates Fundamental Surgery’s new eye-tracking capability which is available through the HTC Vive Pro Eye headset.

Introducing the Fundamental Surgery Score

The facetectomy procedure is our first to include the new Fundamental Surgery Score. Users are assessed on their ability to meet surgical objectives throughout the procedure. These scores are combined to give an overall percentage score for their session. This is augmented with an Independent Practice Grade between A and D, indicating the amount of help and assistance the user needed to reach their score.
Created in-hand with medical experts in their respected fields, the Fundamental Surgery Score delivers a new level of simulation engagement and facilitates effective independent learning, by providing users and their mentors with continuous feedback and performance data on each surgical step.

The score aligns with U.S. and European resident and fellow reporting mechanisms and is a combination of a user’s skillset, knowledge of each assessment as well as the level of independence they are able to demonstrate. Fundamental Surgery Scores are displayed on the results screen at the end of each simulation and are also available on the online data dashboard. All users can then view the development of skills and cognitive learning over time through the online portal.

“Our team is dedicated to providing every surgeon and trainee in the world with safe and accessible surgical simulations that they can use to train and improve their skills throughout their careers,” said Richard Vincent, Founder and CEO of FundamentalVR. “The new addition of the Facetectomy simulation along with the Fundamental Surgery Score continues this effort by giving our users full free decisioning over both tool choice and operative approach”

Named as one of the best inventions of 2018 by Time magazine and 2019 winners of the SXSW Innovation Award for VR/AR & MR, the Fundamental Surgery platform was launched in August 2018. It is the only VR simulator to be fully accredited by the Royal College of Surgeons. It combines virtual reality (VR) with cutting-edge haptics to create a scalable ‘flight simulator’ experience for trainee and qualified surgeons, allowing them to experience and navigate the same visuals, sounds and feelings they would during a real surgical procedure.

What sets Fundamental Surgery apart from other solutions is that it is designed to be equipment agnostic, compatible with any VR-enabled PC laptop, VR headset or haptic device enabling it to be delivered at a fraction of the cost. Furthermore, its remote data analytics and data dashboard covering surgical skills and knowledge provide invaluable insight into surgical capability and education progression.
Today, Fundamental Surgery is deployed with a number of medical institutions including Mayo Clinic and UCLA in the U.S., UCLH in the U.K. and Sana in Germany with initial training packages focused on the orthopedic surgical disciplines. The procedures it currently supports include Spinal Pedicle Screw, Total Hip Arthroplasty (Posterior), Total Hip Arthroplasty (Anterior) and Total Knee Arthroplasty. All Fundamental Surgery simulations are accredited by the Royal College of surgeons as an activity that demonstrates sufficient educational value to contribute to individual surgeons’ CPD, for which 6 CPD points can be claimed. It can be seen in action here.

NASS 2019

Fundamental Surgery, including the new Facetectomy procedure and Fundamental Surgery Score, will be available for demo at NASS 2019 in Chicago on September 25-28, 2019. Attendees can visit booth #2106 to try out the platform themselves.
For further information about Fundamental Surgery, please visit: www.fundamentalsurgery.com.

-END-

[warrenfingerfood] 26/9/2019 09:43

Yeah Tern have a choice to fund DA or not, they have a choice how they do it too.
It would be a stupid choice not to fund the expansion and progress now that the product is gaining traction and momentum with Blue chip clients. It’s there in the rns. Traction, momentum and blue chip clients.

[sweepie2] 26/9/2019 09:38

Pity they won't bother to release that FVR news

[sweepie2] 26/9/2019 09:37

Our team is dedicated to providing every surgeon and trainee in the world with safe and accessible surgical simulations that they can use to train and improve their skills throughout their careers,” said Richard Vincent, Founder and CEO of FundamentalVR. “The new addition of the Facetectomy simulation along with the Fundamental Surgery Score continues this effort by giving our users full free decisioning over both tool choice and operative approach”

[andrbea] 26/9/2019 09:33

When you hear both Intel (August) and Thales/Gemalto (yesterday) doing webinars with DA (each one ca. 50 minutes, with constant interaction between the speakers), it makes you think, this could be huge, down the line.

With complex slides showing how the two parties are working hard behind the scenes to provide comprehensive services to the vendor's clients.

In each case the spadework is almost done. That SAAS revenue model (or royalty fees) is about to roll. And probably is already rolling at Tech Mahindra, HID, CumuloCity, Multos, Multitech, Team Viewer, 3D Systems and Wipro. Commodo too? (now Sectigo)

Microsoft on Oct 16. Another high-level webinar, with almost perfected (?) solutions, this time for Microsoft Azure?

SP: one 'holy cow' disconnect.....

[jonc] 26/9/2019 09:33

TERN have little choice with DA.

It is ether pony up the cash or appoint receivers.

[likya123] 26/9/2019 09:33

"Momentum" "blue chips"

Make no mistake...


Many many pounds not pence.

[warrenfingerfood] 26/9/2019 09:29

...and we get a conference call. A lot revealed lately. Time effort and money spent on a deal that in the end didn’t tick the boxes. Recent momentum I wonder if that can be expanded on. FVR just getting faster and faster. For once AS might not be defending on the back foot.

[warrenfingerfood] 26/9/2019 09:23

If the latest rns were the bad news the trolls would have you believe, they could take the week off, job done for them. Yet they are having to work harder.... I wonder why.

[likya123] 26/9/2019 09:18

Clever move again by AS, maximising as much of DA as possible before the inevitable.

Many many pounds not pence.

[wardy333] 26/9/2019 09:16

warren ..Correct the trolls don't like to read this bit//
We are pleased to provide this additional capital and look
forward to continuing to working closely with DA's management team as it
focuses on building on the recent momentum established."

[hawkind] 26/9/2019 09:14

WFF if we get Microsoft on board all the pain of the up and down share price over a long period would have been worth it!I made the decision to make this an investment rather than a trading share, so I am going to leave it alone and not get emotionally involved in daily movements irrespective of how the share price reacts.I am not overly pleased with the BOD communications but clearly something is happening and then if you then look at the flip side of CEO's that communicate regularly with shareholders such as SKIN and VRS their share price hasn't done amazing even with that if the goodies don't come with it in the form of contracts/increasing revenues/profits, so who knows maybe silience and minimal communication from the CEO is a good thing. Time will eventually tell. Pent house or cardboard box awaits as always we decide which we feel that will be..... GLA genuine holders.

[warrenfingerfood] 26/9/2019 09:10

“...DA's management team as it
focuses on building on the recent momentum established."
There was a lot in this rns hidden by numbers, “recent momentum”.

[dave444] 26/9/2019 09:07

If Thales or someone else came in with a knockout offer now for every $100m we would receive $50mI will let you all work out what 200,300,500 would mean!Even the knockers should be able to work that out!

[jonc] 26/9/2019 09:04

I get the feeling that you are wrong.

[warrenfingerfood] 26/9/2019 09:03

I think Microsoft coming on board is our rocket ship. More so than the others, I think AS sees it that way, it’s a brakes off run for DA now, I get the feeling Microsoft think this is the way forward more so than the others. As for who will buy DA... I’m now thinking Microsoft will be leading the negotiations.

[jonc] 26/9/2019 09:01

Lol.

You can supply the team canapes.