- 4DX
- IPO to raise $55.8M
- 76.42M shares @ $0.73
- MC $193M
- Primary market US$19.7B spent on respiratory diagnostics across 73.5M procedures 2019
- Secondary market AUS$404M across 5.3M procedures.
- FDA approval receivedMay 2020 to use the technology in its ventilation analysis software
- TGA anticipatedapproval next year 2021
- Already have grantedand pending patents in AUS, EUR and ASIA
- Funds used formarketing, operating expenditure, product research and development, sales and distributionin the US, clinical trials, trade shows
- Commercialise lungimaging technology in the US
- Develop patented X-rayimaging platform that scans patients respiratory system to help improve theability of physicians to diagnose and manage lung diseases
- XV Technology platformdelivery via cloud-based SaaS (lower cost option and it doesn’t require capitalexpenditure to be compatible with existing hospital and clinical equipment)
- Aims to supplement orreplace existing respiratory diagnostic systems
- Planning to conduct 10clinical trials in the US
- XV Technology can bedeployed immediately, using the existing hospital and clinical infrastructurewith no capital expenditure or training required, the company noted.
- The process requiresimaging departments to electronically send an X-ray, which is taken usingexisting fluoroscopy equipment, to 4DMedical.
- Dr. Andreas Fouras (MDand CEO)
- 2012 founded
- Board:
o Bruce Rathie (non-exec of PNV and NET)
o Dr Robert Figlin (former CEO LBT and founding partner of IDX)
o More here https://4dmedical.com/team/
Trade shows looking to attend:
- American ThoracicSociety annual conference - May 14-19, 2021
- American College ofChest Physicians annual meeting - October 18-21
- Radiological Society ofNorth America meeting - Nov. 29 toDec. 5
https://www.medicaldevice-network.com/news/us-fda-4dmedical-lung-imaging-technology/
http://fda.einnews.com/article/517874244?lcf=DHhUJxYYvCspG0nkwrpma6-uTQdcDx1sPgpesTXntx0%3D
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Mkt cap ! $135.0M |
Open | High | Low | Value | Volume |
29.0¢ | 29.0¢ | 27.5¢ | $309.2K | 1.097M |
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1 | 1754 | 28.5¢ |
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29.0¢ | 5595 | 2 |
View Market Depth
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2 | 36707 | 0.280 |
3 | 79852 | 0.275 |
9 | 128702 | 0.270 |
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Price($) | Vol. | No. |
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0.290 | 5595 | 2 |
0.295 | 51756 | 2 |
0.305 | 9836 | 1 |
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0.315 | 30000 | 2 |
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