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ST. JOSEPH, Mo. - Clipper Distributing LLC and Butterfly Network, Inc. (NYSE:BFLY) announced Monday a partnership to commercialize Butterfly’s handheld ultrasound devices for veterinary practices.
The agreement will make Butterfly iQ+ Vet, a handheld ultrasound imaging system, more widely available to veterinarians across the United States. The device is designed for multi-species imaging at the point of care, utilizing Butterfly’s proprietary Ultrasound-on-Chip technology.
"As we continue to elevate our services and offerings to both veterinary distributors and veterinary hospitals, we are thrilled to partner with Butterfly," said Corey Shigematsu, Chief Executive Officer of Clipper Distributing.
Jenna Mutch, Butterfly Network’s Vice President of Veterinary, stated that the technology "gives practitioners the ability to make more informed, better decisions, earlier in care."
The collaboration aims to leverage Clipper’s distribution network to increase adoption of Butterfly’s second and third generation veterinary products, which feature enhanced imaging capabilities and procedural guidance tools.
Butterfly Network’s iQ3 device recently received recognition as Best Medical Technology at the 2024 Prix Galien USA Awards.
The Butterfly iQ+ Vet system includes cloud-based workflow management software called Butterfly Cloud, designed to integrate into clinical workflows. According to the press release, the technology is currently available to trained animal health professionals in various regions globally.
Clipper Distributing has been operating in the animal health market for nearly four decades, while Butterfly Network has been developing its ultrasound technology since launching its first handheld device in 2018.
This information is based on a press release statement from both companies.
In other recent news, Butterfly Network reported its financial results for the second quarter of 2025, achieving a record revenue of $23.4 million, which marks a 9% increase compared to the previous year. The company’s earnings per share (EPS) was a loss of $0.03, outperforming the anticipated loss of $0.05. Alongside these financial results, Butterfly Network has adjusted its full-year revenue guidance to range between $91 million and $95 million. Despite these positive developments, the company’s stock experienced a decline in pre-market trading. These recent developments highlight key financial metrics that are crucial for investors.
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