Vancouver, B.C. and Boston, MA, May 24, 2016 – Imagin Medical (CSE: IME) (OTC PINK: IMEXF) (Frankfurt & Stuttgart Symbol: DPD2) (the “Company”), as previously reported, attended the 2016 American Urologic Association Annual Meeting, held in San Diego, CA, May 6-10, attended by over 16,000 urologic healthcare providers from around the world. More than 260 companies exhibited their products at the city’s main convention center.
Jim Hutchens, Imagin’s President and CEO and Thom McMahon, Imagin’s VP of Sales, attended the conference with three objectives in mind: conduct market research, meet with potential medical and pharmaceutical partners and establish relationships with additional key physicians to join Imagin’s Scientific Advisory Board.
After much interaction with attendees and exhibitors, it became apparent that there is a significant need for a more practical method to visualize and detect bladder cancer more rapidly and accurately. The vast majority of cancers are detected using a traditional cystoscope with white light, which is less effective with cancers that don’t protrude beyond the bladder wall, i.e, flat cancers. New methods use chemical imaging agents with blue light that can better visualize bladder cancer. This procedure has been accepted into the AUA Guidelines. However, the imaging agents require an hour to be absorbed by the bladder, making the logistics of using these products in the operating room challenging. Our research and recent meetings with some of the world’s top physicians continue to support demand for the i/Blue Imaging system that can produce better images in less than 15 minutes.
Mr. Hutchens held successful meetings with medical device companies with large distribution channels, as well as pharmaceutical companies that are involved with fluorescent drugs.
Lastly, Mr. Hutchens and Dr. Ralph deVere White, the Director of the Comprehensive Cancer Center at UC Davis, a worldwide leader in bladder cancer, and the Chairman of Imagin’s Scientific Advisory Board, met with many physicians from leading institutions in the United States who had significant interest in working with the Company. Over the course of the summer, Imagin plans to announce new members of its Scientific Advisory Board.
About Imagin Medical
Imagin Medical is developing imaging solutions for the early detection of cancer through the use of endoscopes. The Company believes it will radically improve the way physicians detect cancer. Imagin’s initial target market is bladder cancer, a major cancer worldwide, the sixth most prevalent in the U.S., and the most costly cancer to treat due to a greater than 50% recurrence rate. Developed at the Lawrence Livermore National Laboratory, this advanced, ultrasensitive imaging technology is based upon improved optical designs and advanced light sensors. Learn more at www.imaginmedical.com.
ON BEHALF OF THE BOARD:
President & CEO
For further information, contact:
Bill Galine, Investor Relations
Telephone: (775) 737-3292
Email: [email protected]
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