Introducing PregnanTech's LIONESS TM : A groundbreaking device to revolutionize preterm birth TEL AVIV, Israel , July 22, 2024 /PRNewswire/ -- Preterm birth (PTB) is a poorly-noticed crisis impacting millions of families worldwide. Defined as delivery before 37 weeks of gestation, PTB is the most prevalent, devastating, and expensive pregnancy complication. 1 in 10 babies are born preterm – 15 million a year worldwide 1 million will not survive PTB is the leading cause of morbidity in children till the age of 5, enduring lifelong disabilities The earlier a baby is born, the higher the risk of severe health complications.

Every additional day in the womb is critical. The Hidden Toll of Preterm Birth As their newborn fights for life in the Neonatal Intensive Care Unit (NICU), parents face immense emotional and psychological stress creating trauma for years to come. The financial burden is equally overwhelming.

The cost of treating a preterm newborn in the United States is 10X that of a full-term baby, while not accounting for long-term care required for children with disabilities. This burden debilitates the average family and exhausts limited hospital resources. Preterm birth is lose-lose situation for all stakeholders: Payers, hospitals, physicians and families.

A Revolutionary Approach to Delaying Preterm Birth Despite decades of research, traditional methods such as bed rest, tocolytic drugs, progesterone and cervical cerclage have not significantly reduced PTB rates. Int.