QT Imaging Holdings Announces Partnership with Premier Cancer Center, The Vincere Cancer Center in Scottsdale, AZ
May 08 2024 - 8:30AM
Business Wire
QT Imaging Holdings, Inc. (NASDAQ:QTI) (“QT Imaging”) a medical
device company engaged in research, development, and
commercialization of innovative body imaging systems, together with
its strategic business and distribution partner, is proud to
announce its partnership with The Vincere Cancer Center in
Scottsdale, AZ.
The Vincere Cancer Center is a top cancer center in the U.S.
Founded by Dr. Vershalee Shukla and Dr. Pablo Prichard, the Center
focuses on cancer prevention, early detection, and specializes in
radiation therapy, surgery, and chemotherapy. Using innovative
precision technology, the Center is renowned for its comprehensive
cancer services. Dr. Prichard and Dr. Shukla, a board-certified
reconstructive surgeon and radiation oncologist, built their
practice to deliver superior cancer care to a variety of patients.
They employ innovative technology to mitigate against
over-diagnoses while ensuring cancer is not missed. Dr. Shukla, a
long-standing supporter of QT Imaging and its technology, applies
the QT Imaging Breast Acoustic CT™ Scanner in their breast
screening environment.
“In recent years, there has been an increased rate of breast
cancer incidents, especially amongst women younger than 40, the
recommended age of initial mammogram screening,” said Dr. Shukla,
Director of The Vincere Cancer Center. “Despite this, there has
been very little technological advancement in detection of breast
cancer that is suitable and accessible to all women. By harnessing
the power of the QT Imaging Breast Acoustic CT™ Scanner and
eliminating the discomfort associated with traditional methods, our
partnership with QT Imaging is redefining standards of care and
empowering patients with precision and safety.”
“The QT Imaging team’s mission is to expand access to medical
imaging while ensuring superior patient experience, lowering costs
for providers, and improving health outcomes,” said Dr. Raluca
Dinu, Chief Executive Officer. “We are incredibly excited about the
opportunity to work with such a prestigious cancer center and to be
able to provide women a choice in their care that is safe and
doesn’t jeopardize accuracy or accessibility. The partnership with
Vincere Cancer Center represents the continuation of our swift
commercialization plan since the company went public two months
ago.”
About QT Holding, Inc.
QT Imaging Holdings, Inc. is a public (NASDAQ: QTI) medical
device company engaged in research, development, and
commercialization of innovative body imaging systems using low
frequency sound waves. QT Imaging strives to improve global health
outcomes. Its strategy is predicated upon the fact that medical
imaging is critical to the detection, diagnosis, and treatment of
disease and that it should be safe, affordable, accessible, and
centered on the patient’s experience. For more information on QT
Imaging, please visit the company’s website at
www.qtimaging.com.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. Such statements contain words such as "will," and
"expect," or the negative thereof or comparable terminology, and
include (without limitation) statements regarding the partnership
between QT Imaging and The Vincere Cancer Center, the QT Imaging
Breast Acoustic CTTM Scanner, plans for QT Imaging, new product
development and introduction, and product sales growth and
projected revenues. Forward-looking statements involve certain
risks and uncertainties, and actual results may differ materially
from those discussed in any such statement. These risks include,
but are not limited to: the ability of the parties to sell and
deploy the QT Imaging Breast Acoustic CTTM Scanner, the ability to
extend product offerings into new areas or products, the ability to
commercialize technology, unexpected occurrences that deter the
full documentation and "bring to market" plan for products, trends
and fluctuations in the industry, changes in demand and purchasing
volume of customers, unpredictability of suppliers, the ability to
attract and retain qualified personnel and the ability to move
product sales to production levels. Additional factors that could
cause actual results to differ are discussed under the heading
“Risk Factors” and in other sections of QT Imaging’s (and its
predecessor, GigCapital5, Inc.) filings with the SEC, and in its
other current and periodic reports filed or furnished from time to
time with the SEC. All forward-looking statements in this press
release are made as of the date hereof, based on information
available to QT Imaging as of the date hereof, and QT Imaging
assumes no obligation to update any forward-looking statement.
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version on businesswire.com: https://www.businesswire.com/news/home/20240508165692/en/
For media inquiries: Susan Schaffler Head of
Communications Susan.Schaffler@qtimaging.com
Stas Budagov Chief Financial Officer
Stas.Budagov@qtimaging.com
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