Imagin Medical (CSE: IME) (OTCQB: IMEXF) is a surgical imaging company focused on advancing new methods of visualizing cancer during minimally invasive surgical procedures. Imagin Medical is run by an experienced management team that is preparing their i/Blue(TM) Imaging System for the industry. An FDA approval process is underway.
The company’s patented ultrasensitive imaging product, the i/Blue(TM) Imaging System, based on optics and light sensors, has potential early-stage cancer-detection abilities. The company’s first target for treatment is bladder cancer.
The Patented i/Blue(TM) Imaging System
White light cystocopy does not always discern cancer from healthy tissue. The company hopes to overcome this handicap using its advanced patented ultrasensitive imaging product, the i/Blue(TM) Imaging System (https://ibn.fm/0qXzk).
Imagin Medical uses Blue Light technology that combines the improved image quality of blue light with the location orientation that white light provides. The device uses an already FDA-approved contrast agent, that is administered through a catheter one hour before the surgery.
The i/Blue(TM) Imaging System is compatible with most endoscopes through the plug-and-play method. The surgeon can simultaneously view both white and blue light video streams in a single frame and in real-time on the surgical monitor, without having to toggle between the two images. The company believes this breakthrough technology will advance the accuracy and efficiency of bladder cancer detection and removal. And potentially reduce bladder cancer recurrence rates and as well as healthcare costs (https://ibn.fm/Qg9R3).
In a recent announcement made by Imagin Medical, the company stated that it has closed the second tranche of US$1,415,500 of the Convertible Note offering. Total Convertible Note amount of $2,165,500 raised earlier this year (https://ibn.fm/KyKxg).
Imagin Medical’s Focus on Surgical Imaging Market
The global endoscopy market is valued at $46B. Imagin’s bladder cancer target is estimated to be a $400M slice of this market. The demand for improved visualization during Minimally Invasive Surgery (“MIS”) has increased manifold in recent years. MIS is less painful, offers speedy recovery, and cost-savings.
For more information, visit the company’s website at www.ImaginMedical.com.
NOTE TO INVESTORS: The latest news and updates relating to IMEXF are available in the company’s newsroom at https://ibn.fm/IMEXF
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