05:35:07 EST Thu 05 Dec 2024
Enter Symbol
or Name
USA
CA



Ventripoint Diagnostics Ltd (2)
Symbol VPT
Shares Issued 159,062,805
Close 2024-10-23 C$ 0.15
Market Cap C$ 23,859,421
Recent Sedar Documents

Ventripoint receives CE Mark certification for VMS+4.0

2024-10-24 15:46 ET - News Release

Mr. Hugh MacNaught reports

VENTRIPOINT RECEIVES EU CE MARK FOR NEXT GENERATION, AI-POWERED HEART-SCANNING TECHNOLOGY

Ventripoint Diagnostics Ltd. has received CE Mark certification for its latest offering, VMS+4.0. This marks a significant milestone for Ventripoint as it continues to innovate and provide cutting-edge solutions to health care professionals worldwide.

The certification will allow Ventripoint to engage in the next steps of country-specific entrance of VMS+4.0 in the European Union (EU) and other geographies that recognize CE marking. VMS+4.0 offers a significant improvement in user experience through the automation of the image processing steps. This streamlined workflow leads to a significant reduction in operator time without compromising the accuracy of the measurements. Additionally, this release is optimized to work seamlessly with Ventripoint's magnet-free sensors, further enhancing efficiency and ease of use.

"We are delighted to achieve CE mark certification and will introduce the enhanced capabilities of the new version to European cardiologists and health care providers," said Ventripoint president and chief executive officer Hugh MacNaught. "This is a key step in our commercialization plan as we continue to advance our technology leadership and impact by advancing the state-of-the-art in echocardiography. The advances introduced in VMS+4.0 provide clinicians with the potential to image a broader range of patients which expands our market opportunity. This engineering breakthroughs in this latest version of VMS+ provide health care providers with a powerful tool that delivers accurate and reliable cardiac output measurements in a more efficient manner and without the restrictions associated with MRI."

VMS+V4.0 will be marketed as a premium product in Europe to complement our base product V3.2. VMS+ 4.0 has already a medical device licence in Canada and is under review by the United States Food and Drug Administration. VMS+ V3.2 is being used by leading hospitals in the U.S., European Union, United Kingdom and Canada.

About Ventripoint Diagnostics Ltd.

Ventripoint is an industry leader in the application of AI (artificial intelligence) to echocardiography. Ventripoint's VMS products are powered by its proprietary knowledge-based reconstruction technology, which is the result of a decade of development and provides accurate volumetric cardiac measurements equivalent to MRI. This affordable, gold-standard alternative allows cardiologists greater confidence in the management of their patients. Providing better care to patients serves as a springboard and basic standard for all of Ventripoint's products that guide its future developments. In addition, VMS+ is versatile and can be used with all ultrasound systems from any vendor supported by regulatory market approvals in the U.S., Europe and Canada.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.