Company’s Innovative Breast Cancer Detection Product is Compatible with Hologic, GE and Siemens Digital Breast Tomosynthesis Systems Significantly Expanding iCAD’s Global Market Opportunity
VIENNA, Austria, March 01, 2018 (GLOBE NEWSWIRE) -- iCAD, Inc. (NASDAQ:ICAD), a global leader in medical technology providing innovative cancer detection and therapy solutions, today announced receipt of CE Mark approval for PowerLook Tomo Detection 2.0, the company’s second deep-learning based computer aided detection solution that transforms the way radiologists manage and interpret digital breast tomosynthesis data. This innovative breast cancer detection solution is compatible with Hologic, GE and Siemens systems.
PowerLook Tomo Detection 2.0 will be showcased in the iCAD exhibition booth (Expo X1, Booth 153) during the European Congress of Radiology 2018, taking place February 28-March 4, in Vienna, Austria, as well as in the partners’ exhibits.
“With growing demand for powerful detection and workflow solutions leveraging Artificial Intelligence (AI), especially to assist in cancer detection, we are thrilled to introduce PowerLook Tomo Detection 2.0 to the European market, in addition to making our platform compatible with leading digital breast tomosynthesis providers, including Hologic, GE and Siemens,” said Ken Ferry, CEO of iCAD. “This compatibility considerably increases the market opportunity for iCAD’s AI solutions. Most importantly, both providers and patients alike will now have greater access to one of the most advanced breast cancer detection solutions available in healthcare today.”
“PowerLook Tomo Detection 2.0 is a unique, high-performance concurrent read cancer detection solution for breast tomosynthesis that delivers critical benefits to both radiologists and their patients,” said Jeff Hoffmeister, MD, Vice President and Medical Director at iCAD. “PowerLook Tomo Detection 2.0 is a highly accurate product, delivering an increased cancer detection rate and a low false positive rate that should help increase the confidence of radiologists, while also driving improvements in reading workflow.”
Using a unique algorithm that is trained to detect malignancies and determine the probability of cases having malignant findings, PowerLook Tomo Detection 2.0 provides radiologists with a “certainty of finding” score for each detected lesion, which represents the algorithm’s confidence that the detected soft tissue densities (masses, architectural distortions and asymmetries) and calcifications are malignant.
About iCAD, Inc.
Headquartered in Nashua, N.H., iCAD is a global leader in medical technology providing innovative cancer detection and therapy solutions. For more information, visit www.icadmed.com.
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