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4DMedical (ASX:4DX) to trial software in California

Health Care
ASX:4DX      MCAP $232.8M
28 January 2021 02:00 (AEST)
4DMedical (ASX:4DX) - CEO, Andreas Fouras

Source: Courier Mail

Medical tech company 4DMedical (4DX) has secured the first U.S. clinical pilot of its XV Lung Ventilation Analysis Software (XV LVAS).

The XV LVAS solution uses the company’s XV technology, which sequences of X-ray images into four-dimensional quantitative data. Using existing hospital equipment, the software can help diagnose respiratory diseases with greater sensitivity and speed. 

The first U.S. clinical trial of XV LVAS will be conducted at St Joseph Hospital in California’s Orange County over the coming months. The pilot will be the first time the software is used on clinic patients in the United States, and therefore marks the start of 4DMedical’s commercialisation phase there.

During the pilot, hospital physicians will use XV LVAS to screen patients for various lung conditions. These include asthma, emphysema, pulmonary fibrosis, lung cancer, and the COVID-19 virus.

St. Joseph Hospital will conduct a full review of the XV LVAS end-to-end solution during the clinical pilot.

4DMedical’s CEO, Andreas Fouras, commented on the company’s first U.S clinical pilot for XV LVAS.

“We are extremely pleased to announce the commencement of the clinical pilot in collaboration with St. Joseph Hospital as it signifies the commencement of our commercialisation phase in the U.S.,” he said.

“We believe that XV LVAS is a unique tool that can assist physicians in diagnosing and managing patients with various lung diseases, including COVID-19, as it provides physicians with a unique picture of how air moves in the lungs,” he added.

4DMedical is down 0.44 per cent and trading at $2.25 per share at 4:10 pm AEDT.

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