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BioWorld - Friday, December 26, 2025
Home » Topics » Cancer, BioWorld MedTech

Cancer, BioWorld MedTech
Cancer, BioWorld MedTech RSS Feed RSS

PMI receives $7.44M to fund project to cut down on repeat cancer surgeries

June 2, 2020
By David Godkin
TORONTO – Seven years after setting up shop in downtown Toronto, high resolution, surgical imaging med-tech company Perimeter Medical Imaging Inc. (PMI) is still wrestling with a statistical heartbreaker: 1 in 4 patients told to return for a second surgery to remove cancerous breast tissue after the first surgery failed to get it all. Now PMI has said it can cut that number down dramatically thanks to a $7.44 million investment from the Austin, Texas-based Cancer Prevention and Research Institute of Texas (CPRIT) to identify wayward breast cancer cells using artificial intelligence technology.
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Woman in lab

Exact Sciences highlights data backing value of Oncotype Dx in guiding neoadjuvant treatment decisions

June 2, 2020
By Liz Hollis
Exact Sciences Corp., of Madison, Wis., detailed three studies of the Oncotype Dx Breast Recurrence Score test during the virtual 2020 American Society of Clinical Oncology Annual Meeting.
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Illustration of patient undergoing treatment with Reflexion X1

Reflexion, Merck team up on collaboration for biology-guided radiotherapy and Keytruda

June 1, 2020
By Liz Hollis
Hayward, Calif.-based Reflexion Medical Inc. reported a clinical collaboration with Merck & Co. Inc., of Kenilworth, N.J., to evaluate the safety and efficacy of Keytruda (pembrolizumab) in combination with biology-guided radiotherapy (BgRT) in multiple late-stage cancers. The goal is to establish whether treating multiple tumors with BgRT, a novel external beam radiotherapy treatment (EBRT) modality in development, is safe and amplifies Keytruda’s therapeutic effect.
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Lung cancer illustration

Inivata reveals collaboration, investment from Neogenomics

June 1, 2020
By Nuala Moran
LONDON – Neogenomics Laboratories Inc. is to make a $25 million equity investment in Inivata Ltd. and has taken an option to acquire all of the company as part of a U.S. commercialization agreement with the U.K. liquid biopsy specialist. Under the deal, Neogenomics will take over sales, marketing and billing for Inivata’s Invisionfirst circulating tumor DNA lung cancer test, which is intended to replace tissue biopsies.
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Artist’s rendering of patient lying on Izotropic’s 3D breast CT scanning platform

Izotropic, Starfish set to commercialize new breast CT system

May 28, 2020
By David Godkin
TORONTO – Vancouver, British Columbia-based Izotropic Corp. has inked a deal with Victoria, British Columbia-based based Starfish Medical Inc. to commercialize a CT scanner Izotropic CEO Robert Thast said will be a major disruptor of the breast imaging industry. Izotropic has spent approximately $20 million over the past 15 years to develop the system and is counting on Starfish to help translate this into a market-ready 3D breast CT imager by the end of 2020.
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Immune cell density plot
Reversal of ApoE4tune

Germline ApoE variants affect melanoma trajectory

May 27, 2020
By Anette Breindl
Variants in the APOE gene are the strongest genetic risk factor for developing Alzheimer’s disease (AD). Now, researchers at Rockefeller University have demonstrated that APOE variants also affected the risk of progression and metastasis as well as the response to immunotherapy, in melanoma.
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Sozo platform in use

Impedimed unveils software package for Sozo, sees big sales agreements

May 26, 2020
By Liz Hollis
Although many companies have experienced struggles during the COVID-19 pandemic, Brisbane, Australia, and Carlsbad, Calif.-based Impedimed Ltd. has seen success with Sozo, the company’s digital health platform. Indeed, the company has as one of its priorities helping patients with lymphedema with the platform, which is a noninvasive bioimpedance spectroscopy device.
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DNA NGS genome sequencing

Roche snaps up sequencing startup Stratos Genomics

May 26, 2020
By Meg Bryant
Pharma and diagnostics giant Roche Holding AG, of Basel, Switzerland, has acquired Seattle-based Stratos Genomics Inc., an early-stage sequencing technology company, in a move aimed at advancing development of Roche’s nanopore sequencer. Financial terms of the deal, which was first reported on Friday, were not disclosed.
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Quantm Irradiation System product image

Artms raises $19M to back inexpensive, high-volume production of Dx imaging isotopes

May 20, 2020
By Stacy Lawrence
Vancouver-based Artms Inc. has raised a $19 million series A round to develop its approach to the production of many of the most commonly used diagnostic imaging isotopes. Its Quantm Irradiation System enables the inexpensive production of medical isotopes using hospital-based cyclotrons.
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FDA Approved stamp with pills

FDA's approval of Lynparza for mCPRC shades Rubraca win

May 20, 2020
By Michael Fitzhugh
Just days after Clovis Oncology Inc.'s Rubraca (rucaparib) became the first PARP inhibitor approved by the FDA to treat certain cases of metastatic prostate cancer (mCPRC) in third-line care, the agency granted an even broader label in the indication to its first-in-class competitor, Lynparza (olaparib). Endorsement of second-line use of Lynparza in mCPRC and an overall survival (OS) benefit listed in its updated label will help rapidly establish it as "the drug of choice in the [second] line, leaving little commercial opportunities for Rubraca downstream," SVB Leerink analyst Andrew Berens said.
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