FemtoDx and Canon Medical Systems Corporation announce partnership
BEVERLY HILLS, CA -- FemtoDx and Canon Medical Systems Corporation (Canon Medical) announce a capital partnership to revolutionize monitoring for chronic conditions and develop an at-home medical diagnostic test that can detect heart failure and ischemic strokes before they happen.
Leveraging extensive research and development, as well as advancements in artificial intelligence and machine learning developed by FemtoDx, FemtoDx will create a product that monitors patients' biology. The vision is to develop an ultrasensitive and ultra-specific diagnostic test performed with a portable device in a home setting and supported by mobile connectivity and AI.
The test will detect warning signs for heart failure and ischemic stroke by continuously monitoring key health indicators at home with a molecular diagnosis capable of detecting clinically relevant levels at a fraction of the cost and time.
"The data we gather will arm healthcare providers with more information needed to make critical clinical decisions in real time for early intervention," said Raj Mohanty, Ph.D., CEO and Founder, FemtoDx. "Both FemtoDx and Canon Medical share the belief that patient care should be personalized and that new technologies can provide peace of mind in a home setting for those with chronic conditions or who are at risk for heart failure or an ischemic stroke."
"As well as our innovative imaging solutions, We believe FemtoDx's capabilities for monitoring health indicators at home, can create breakthrough technologies and transform the patient experience," said Toshio Takiguchi, President and CEO at Canon Medical.
With over six million heart failure patients in the U.S., FemtoDx and Canon Medical are partnering to improve the lives of millions of heart failure and stroke patients. According to Centers for Disease Control and Prevention, about 50 percent of patients who develop heart failure die within five years. However, there are currently no mechanisms for regular monitoring of these patients at home with a system that is sensitive enough and affordable for the general public's use.
ABOUT FEMTODX
Founded on years of academic research, FemtoDx is committed to providing the resources to solve some of the most challenging clinical problems and transform current healthcare solutions. We perform product design, development, and manufacturing in partnership with the country's leading companies. FemtoDx is headquartered in Beverly Hills, California.
For more information, visit the FemtoDx website: https://femtodx.com
ABOUT CANON MEDICAL SYSTEMS CORPORATION
Canon Medical offers a full range of diagnostic medical imaging solutions including CT, X-Ray, Ultrasound and MR, across the globe. In line with our continued Made for Life philosophy, patients are at the heart of everything we do. Our mission is to provide medical professionals with solutions that support their efforts in contributing to the health and wellbeing of patients worldwide. Our goal is to deliver optimum health opportunities for patients through uncompromised performance, comfort and safety features.
For more information, visit the Canon Medical website: https://global.medical.canon
Contact:
Paige Strott