News | January 20, 2015

Veran Medical Completes $12 Million in Financing For Lung Cancer System

Funds to support commercial expansion in the U.S. and international launch of the Thoracic Navigation System

Lung cancer, Biopsy System, Thoracic Navigation System

Image courtesy of Veran Medical

January 20, 2015 — Veran Medical Technologies announced the completion of a $12 million financing to support the company's continued commercial expansion in the United States and international launch of the Veran Thoracic Navigation System.

Jason Pesterfield, president and CEO of Veran Medical Technologies comments: "The development of a Thoracic Navigation System that combines electromagnetic navigation bronchoscopy (ENB) and the Veran SPiNPerc navigated percutaneous lung biopsy procedure, enables physicians to biopsy lung nodules whether they are inside or outside the airways with a single system in one procedure."

Lung cancer causes more deaths in men and women than colon, breast and prostate cancer combined. If lung cancer is diagnosed at Stage III or IV, the five-year survival rate is only 15 percent. With early detection, there can be an 88 percent survival rate at 10 years and a 92 percent survival rate with the immediate removal of the lesion. Prior to the development of Veran's Thoracic Navigation System, only 16 percent of lung cancer patients have been diagnosed at an early stage 3.

For more information: www.veranmedical.com

Related Content

Matrix Analytics Beginning Validation of Deep Learning Lung CT Tools
News | Lung Cancer | September 13, 2017
Matrix Analytics announced it will clinically validate its LungDirect deep learning and predictive analytics tools for...
Hologic Announces Availability of Brevera Breast Biopsy System With CorLumina Imaging Technology
Technology | Breast Biopsy Systems | August 31, 2017
Hologic Inc. announced U.S. commercial availability of the Brevera breast biopsy system with CorLumina imaging...
20/20 GeneSystems Launches AI-Based Lung Cancer Detection Technology in China
Technology | Lung Cancer | August 28, 2017
20/20 GeneSystems Inc. recently released in China what is believed to be the world’s first machine learning algorithm...
The American Lung Association created LUNG FORCE, a national movement to defeat lung cancer
News | Lung Cancer | August 02, 2017
To raise public awareness of lung cancer—the leading cancer killer of men and women—the American Lung Association's...
Synergy Radiology Associates Employs UroNav Fusion Biopsy System for Better Prostate Cancer Diagnosis
News | Biopsy Systems | July 17, 2017
Radiologists from Synergy Radiology Associates (SRA) in Houston are using the power of 3-D medical imaging and...
Fujitsu Develops AI-Based Technology to Retrieve Similar Disease Cases in CT Inspections

Newly developed technology to retrieve similar cases. Image courtesy of Fujitsu.

News | Artificial Intelligence | June 26, 2017
Fujitsu Laboratories Ltd. announced development of a technology to retrieve similar disease cases from a computed...
ASTRO Issues Guideline for Stereotactic Radiation Use in Early-Stage Lung Cancer
Feature | Lung Cancer | June 23, 2017
The American Society for Radiation Oncology (ASTRO) recently issued a new clinical guideline for the use of...
ClearRead CT Nearing 50 Installations Milestone
News | Computed Tomography (CT) | June 22, 2017
June 22, 2017 — Riverain Technologies announced that it is now processing data from nearly 50...
Third Annual Data Science Bowl Winners Advance Low-Dose CT Lung Cancer Screening
News | Lung Cancer | May 09, 2017
Management consulting firm Booz Allen Hamilton and data science company Kaggle recently announced the winners of the...
low-dose lung CT scan

An example of a low-dose CT scan of the lungs, showing lung cancer. Image courtesy of Toshiba.

Feature | Lung Cancer | May 05, 2017 | Alison Grimes
The term mesothelioma was coined in 1909, just a few years after the introduction of medical X-ray imaging.
Overlay Init