Today
before the opening bell, healthcare technology company Zenosense announced
development efforts will commence on a detection device for lung cancer.
Zenosense will be partnering with Sgenia, its development partner for an MRSA
detection device, in these development operations. Full details are given in
Zenosense’s Form 8-k, filed on July 24, 2014.
The device
calls for similar technology and principles (e.g., VOC signature detection)
that are being used in the MRSA device. A revised development budget for both
devices will require $1.41 million on top of the $527k that already has been
spent. Lung cancer is the leading cause of cancer death in the United States; a
low five-year survival rate of 16% is due largely to late-stage diagnosis. Lung
cancer is also difficult to diagnose, as it requires several types of tests for
confirmation. Among other tests, for instance, a doctor can refer a patient for
an expensive tomography scan, followed by a biopsy for a definitive conclusion.
With
Sgenia, Zenosense believes there is potential for the device that has the
capacity to detect lung cancer in its earlier stages. Sgenia’s patent-pending
sensory technology opens up potential for the device to be manufactured with
standard components and to offer it at lower cost. Substantial progress already
has been made on the MRSA device. In development operations of both devices,
there is a top-tier development team in place, consisting of experts in
nanotechnology, sensors, high-level mathematics, molecular biology, and
biochemistry.
The lung
cancer device could be deployed to healthcare settings, where patients could
undergo a breathing test on the device as an indicator test of lung cancer,
whether they are symptomatic or undergoing a routine medical examination.
Zenosense anticipates that the device would be more effective in lung cancer
detection than a tomography scan.
As R&D
moves forward, Zenosense has put collaborations and partnerships in place with
hospitals, universities, and a private laboratory in the fields of sensors,
polymer electrochemistry, microbiology, infectious disease, pneumology,
chromatography, and microorganism identification. Sgenia is also in talks with
a prestigious hospital in Madrid, which has conducted substantial trials on
cancer VOCs and there has access to significant data that directly applies to
development of a lung cancer-detecting device.
For more
information, visit: www.zenosense.net
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