iBiopsy

Median Technologies Continues Its Strong Positioning in Early-Stage Diagnosis with a New iBiopsy Clinical Development Plan on Lung Cancer Screening (LCS) - Seite 2

“Many cancers don’t kill if diagnosed early and AI technologies are the cornerstone to deliver early diagnosis in a very accurate manner, increase cancer screening adoption globally and save patients’ lives from these pathologies”, said Fredrik Brag, CEO and Founder of Median. “Based on the NELSON criteria, more than 34m people are considered at risk for lung cancer in Europe and it is almost the same number in the US. The medico-economic impact of diagnosing early lung cancer could be very significant for patients and payers. The lung cancer screening market is estimated to be between $5b-20bn depending on level of reimbursement for the diagnostic test,” he added.

About iBiopsy

iBiopsy is based on the most advanced technologies in Artificial Intelligence (AI), benefiting from Median’s expertise in Data Science and medical image processing. iBiopsy targets the development of non-invasive image-based diagnosis tesrs, to be used in several indications for which there are unmet needs regarding early diagnosis, prognosis and treatment selection in the context of precision medicine. Several indications are already targeted: liver diseases (NASH and HCC), predicting the efficacy of immuno-oncology drugs and early diagnosis of lung cancer in high-risk populations.

Median’s iBiopsy development program is supported by the European Investment Bank (EIB) through a financial loan of €35 million under the Juncker Plan, the European Fund for Strategic Investments, which aims to support research and innovation projects developed by companies with high growth potential.

About Median Technologies: Median Technologies provides innovative imaging solutions and services to advance healthcare for everyone. We leverage the power of Imaging Phenomics to provide insights into novel therapies and treatment strategies. Our unique solutions for medical image analysis and management in oncology trials and iBiopsy for imaging phenotyping, together with our global team of experts, are advancing the development of new drugs and diagnostic tools to monitor disease and assess response to therapy. Median Technologies supports biopharmaceutical sponsors and healthcare professionals around the world to quickly and precisely bring new treatments to patients in need. This is how we are helping to create a healthier world.