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ORTHO Optix Reader Receives CE Mark and Available in Countries That Accept the CE Mark

"The ORTHO Optix Reader allows transfusion medicine labs with smaller testing volumes the same high-quality, consistent results demonstrated from the award-winning, fully automated ORTHO VISION Analyzer," said Bob Stowers, Ortho's head of transfusion medicine product portfolio.

Medtronic and the Medtronic Foundation Announce Additional and Generous $3.8 Mil Commitment to Protect and Support Healthcare Workers During COVID-19

"As the coronavirus pandemic surges around the world and in our own backyard, healthcare, food assistance, and mental health pressures are at all-time highs; it is crucial for us to deliver support quickly to counteract the disproportionate effect the virus has on underserved, marginalized communities," said Paurvi Bhatt, president of the Medtronic Foundation. "In this season of giving, we are also turning our gratitude into action by coming together with our partners to support these issues and the brave frontline health workers who are in need of services themselves."

Canon Medical at RSNA 2020: Virtual Showcases Aquilion ONE / PRISM Edition, AUTOStroke Solution, Compressed SPEEDER

Canon Medical at RSNA 2020 Breaking News: To meet the growing cardiovascular needs of healthcare providers today, Canon Medical Systems USA, Inc. is breaking ground once again with the introduction of Deep Learning Spectral CT for cardiovascular imaging and more!

3M and Rad AI Team Up to Offer Rad AI’s Advanced Technology for Generating Customized Radiology Reporting

November 30, 2020 3M and Rad AI goals: “Rad AI and 3M share a common goal of helping radiology teams become stronger and more resilient...

Samsung Introduces Its Latest Radiology Innovations at RSNA 2020

Samsung to highlight its medical imaging portfolio with its latest radiology innovations in ultrasound, digital radiography and mobile computed tomography.

PhotoniCare Achieves More Than $7 Million in Funding for Commercial Expansion of First-In-Class Ear Imaging Technology

September 3, 2020

PhotoniCare, Inc., a company dedicated to revolutionizing healthcare by providing physicians with better diagnostic tools, today announced an oversubscribed $5.2 million Series A financing led by i2E Management Company Inc., with co-investment from OSF Ventures, Sony Innovation Fund, and Dreampact Ventures. The company also announced that it has received a $2.1 million Phase II Small Business Innovation Research (SBIR) grant from the National Institutes of Health (NIH). The competitive NIH SBIR program funds early-stage small businesses seeking to commercialize innovative biomedical technologies.

PhotoniCare, in January of this year, announced that the U.S. Food and Drug Administration (FDA) had granted clearance for its TOMi™ Scope for non-invasive imaging of the middle ear. The only technology capable of visualizing through the eardrum to assess middle ear fluid directly, the simple-to-use TOMi Scope helps to determine the presence or absence of fluid in the middle ear and to characterize the type of fluid.

The presence of fluid in the middle ear is a primary indicator for determining ear infection, which is the leading cause of hearing loss, surgery and antibiotic use, especially in children. More than ten million children per year experience ear infections in the U.S. alone; however, the current gold standard of otoscopy is a rudimentary tool that looks only at the surface of the eardrum, leading to misdiagnosis rates as high as 50%.

Designed to eliminate subjectivity and speculation, the TOMi Scope allows physicians, for the first time, to directly visualize fluid in the middle ear where ear infections reside, and to measure the fluid’s density even in the presence of wax – providing objective data upon which to base their decisions. A recent 70-patient study with Children’s National Health System in Washington, D.C., demonstrated 91% sensitivity and 90% specificity for TOMi Scope’s technology for detecting fluid through the intact eardrum.

The funds will be used to expand PhotoniCare’s executive team, ramp up manufacturing, execute on the company’s sales and marketing plan, fuel artificial intelligence development to enable real-time decision support for the TOMi Scope, and expand reimbursement activities and customer support.

Latest Posts

ORTHO Optix Reader Receives CE Mark and Available in Countries That Accept the CE Mark

"The ORTHO Optix Reader allows transfusion medicine labs with smaller testing volumes the same high-quality, consistent results demonstrated from the award-winning, fully automated ORTHO VISION Analyzer," said Bob Stowers, Ortho's head of transfusion medicine product portfolio.

Medtronic and the Medtronic Foundation Announce Additional and Generous $3.8 Mil Commitment to Protect and Support Healthcare Workers During COVID-19

"As the coronavirus pandemic surges around the world and in our own backyard, healthcare, food assistance, and mental health pressures are at all-time highs; it is crucial for us to deliver support quickly to counteract the disproportionate effect the virus has on underserved, marginalized communities," said Paurvi Bhatt, president of the Medtronic Foundation. "In this season of giving, we are also turning our gratitude into action by coming together with our partners to support these issues and the brave frontline health workers who are in need of services themselves."

Canon Medical at RSNA 2020: Virtual Showcases Aquilion ONE / PRISM Edition, AUTOStroke Solution, Compressed SPEEDER

Canon Medical at RSNA 2020 Breaking News: To meet the growing cardiovascular needs of healthcare providers today, Canon Medical Systems USA, Inc. is breaking ground once again with the introduction of Deep Learning Spectral CT for cardiovascular imaging and more!

iHeartMedia Los Angeles’ KOST 103.5 to Join Children’s Hospital Los Angeles for Fifth Annual Giving Tuesday Fundraising Event

Starting with The Ellen K Morning Show, nationally syndicated on 40 stations, KOST 103.5 will dedicate 12 hours of programming to Giving Tuesday and highlight the world-class pediatric medical care that Children’s Hospital Los Angeles provides by featuring interviews with patient families, hospital leaders, celebrity supporters and sponsoring partners.

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INTERCEPT Blood System for Cryoprecipitation Receives FDA Approval States Cerus Corporation

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Stoke Therapeutics Announces Proposed Public Offering

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