INVERNESS, SCOTLAND--(MARKET WIRE)--Jul 20, 2006 -- IVMD Inc., a novel medical device company (OTC BB:IVME.OB - News), today announced that it has applied for a significant development grant for Veterinary applications of its Labour Prediction technology. IVMD has already received a feasibility grant in 2005. The project successfully proved the application of human technology into equine and allowed all of the technical and commercial activities to be assessed in a full study. The study was undertaken using Veterinary support and successfully tracked a number of equine pregnancies.