Nanox Announces AI Software Increases Identification Of Patients With Vertebral Compression Fractures, An Early Sign Of Osteoporosis, Up To Six-Fold
Portfolio Pulse from Benzinga Newsdesk
Nanox.AI's software, HealthVCF, significantly improves the detection of vertebral compression fractures (VCFs), a key risk factor for osteoporosis, by up to six times the national average in the UK's NHS hospitals. This early finding from the ADOPT study highlights the potential of AI in enhancing patient identification for osteoporosis treatment, leading to better patient outcomes and healthcare savings. The study, involving collaborations with the University of Oxford and others, will continue until February 2025. Nanox.AI has also developed an updated version of the software, HealthOST, which received FDA 510(K) clearance in April 2022.
March 12, 2024 | 12:49 pm
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Nanox.AI's HealthVCF software significantly enhances the detection of vertebral compression fractures, a crucial indicator of osteoporosis, demonstrating the potential of AI in healthcare. The ongoing ADOPT study and the development of HealthOST, which received FDA clearance, highlight Nanox's commitment to innovation in medical imaging and AI analytics.
The positive early findings from the ADOPT study and the FDA clearance of HealthOST indicate a strong potential for Nanox.AI's technology to impact the healthcare industry significantly. This could lead to increased interest and investment in NNOX, potentially boosting its stock price in the short term. The relevance of this news to NNOX is direct, given its direct involvement in the development and success of the technology.
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