International partnership announced to develop superior imaging technology
The Oxford Electromagnetic Acoustic (OxEMA) technology can radically improve identification of tumours and other anomalous tissue, which is not currently possible with standard ultrasound technology. It has the potential to enable earlier diagnosis and more accurate treatment of conditions such as prostate and liver cancer. Dr Masoom Haider, Chief of the Department of Medical Imaging at Sunnybrook Health Sciences Centre, said: “This technology is uniquely positioned to improve prostate management for both imaging and therapy”.
Professor David Edwards said: “Our technology uses a combination of electromagnetic and acoustic waves in order to create advanced medical images at a cost comparable to ultrasound. The benefits of this are much greater clarity of image and unparalleled tissue-type characterization when compared to ultrasound. OxEMA will provide clinicians with MRI-like information using an ultrasound instrument. This will allow quick, accessible and cost-effective diagnosis, particularly for patients in remote areas without easy access to MRI services”.
Isis Innovation has been leading the commercialisation of the OxEMA system, and has engaged with CIMTEC to develop the technology further through a new start-up, Enhanced Medical. Amol Karnick, CEO of Enhanced Medical, said: “Through discussions with several physicians about our technology and its potential, they have confirmed that improving biopsy targeting using ultrasound is a significant clinical need. OxEMA is well-positioned to solve this clinical problem, and will be able to improve outcomes for patients and hospitals using it. I am confident that the partnership with CIMTEC will accelerate our development and bring OxEMA to market earlier”.
Bart Sullivan, CEO of CIMTEC, said: “We are excited to be able to help bring this novel technology to the marketplace by applying our best-in-class technical expertise in medical imaging”.
Tom Hockaday, Managing Director of Isis Innovation, said: “We are pleased to have entered into a unique relationship with CIMTEC, who are extremely well placed to advance the Oxford technology”.
About the Centre for Imaging Technology Commercialization (CIMTEC)
CIMTEC provides services to develop world-leading medical imaging technology. CIMTEC’s mission is to enable and accelerate commercialisation of medical imaging innovations ensuring that Canada’s investment in imaging technology translates into economic growth and job creation.
CIMTEC provides researchers and small to medium-sized companies with critical expertise, technical capabilities and infrastructure to allow them to grow and create Canadian high-tech jobs and economic growth.