QT Imaging Holdings’ Technology Advances Medical Imaging Research at the University of Oklahoma’s Health Stephenson Cancer Center
June 24 2024 - 8:30AM
Business Wire
QT Imaging Holdings, Inc. (NASDAQ:QTI) a medical device company
engaged in research, development, and commercialization of
innovative body imaging systems, is honored to partner with
University of Oklahoma and OU Health Stephenson Cancer Center to
advance and scale innovative research in medical imaging and to
improve precision in cancer detection and treatment.
University of Oklahoma (OU) is home to the National Cancer
Institute (NCI) designated OU Health Stephenson Cancer Center
(SCC), and the National Institutes of Health Center of Biomedical
Research Excellence (COBRE), Oklahoma Center of Medical Imaging for
Translational Cancer Research. OU’s medical imaging center recently
launched its multidisciplinary biomedical research involving
equipment and facilities that support project investigators in
their quest to improve medical imaging use in cancer detection,
diagnosis, and treatment. Innovative imaging modalities like QTI’s
Breast Acoustic CT™ technology, with its quantitative imaging
predictive markers, will be used to provide an objective measure or
index that can reduce subjectivity and improve consistency for
medical image diagnosis.
“With the help of QTI’s Breast Acoustic CT™ Scanner, we will be
jumpstarting an expandable research platform meant to better
understand how quantitative transmission ultrasound might advance
cancer care in United States. As a translational research center,
our role is to facilitate the movement of ideas between the
biomedical engineering lab and the clinic, investigating how to
improve cancer treatment and care,” said Dr. Javier Jo, Director of
the Oklahoma Center of Medical Imaging for Translational Cancer
Research at OU.
“This collaboration presents an encouraging and validating
opportunity for QTI’s team to better understand the scope and
potential of our technology,” said Dr. Bilal Malik, QTI’s Chief
Science Officer. “In addition to exploring venues in breast cancer
research with clinicians at the prestigious OU Health Stephenson
Cancer Center, we look forward to collaborating with OU
investigators to develop AI/ML-based algorithm tailored for our 3D
images. We intend to take these algorithms through regulatory
clearance pathways to ease the clinical workflows and to derive
further insights from the inherently quantitative images of QTI’s
technology.”
“QTI’s technology provides an unprecedented view into breast
anatomy and pathology by way of acoustic computed tomography (CT)
scans. We plan to incorporate QTI’s technology in our clinical
research to validate its strengths, such as its ability to image
frequently for disease progression as well as to be able to assess
volumetric breast density without exposing the patient to
radiation,” said Dr. Robert Mannel, Director of the OU Health
Stephenson Cancer Center.
About QT Imaging 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 Holdings, Inc. 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 Holdings, Inc., please visit the
company’s website at www.qtimaging.com.
Breast Acoustic CT™ is a trademark of an affiliate of QT Imaging
Holdings, Inc.
About Oklahoma University Health Stephenson Cancer
Center
OU Health Stephenson Cancer Center is Oklahoma’s only National
Cancer Institute-Designated Cancer Center. Stephenson Cancer Center
is one of the nation’s elite centers, representing the top 2% of
cancer centers in the country. It is the largest and most
comprehensive oncology practice in the state, delivering
patient-centered, multidisciplinary care for every type of cancer.
As one of the nation’s leading research organizations, Stephenson
Cancer Center uses the latest innovations to fight and eliminate
cancer. For more information, visit stephensoncancercenter.org.
About University of Oklahoma
Founded in 1890, the University of Oklahoma is a public research
university located in Norman, Oklahoma. As the state’s flagship
university, OU serves the educational, cultural, economic and
health care needs of the state, region and nation. OU was named the
state’s highest-ranking university in U.S. News & World
Report’s most recent Best Colleges list. For more information about
the university, visit ou.edu.
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 collaboration
between QT Imaging Holdings, the University of Oklahoma Health
Stephenson Cancer Center and the Oklahoma Center of Medical Imaging
for Translational Cancer Research, the Breast Acoustic CT™ Scanner,
plans for QT Imaging Holdings, 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:
research results from the use of the Breast Acoustic CT™ Scanner,
the ability of QT Imaging Holdings to sell and deploy the Breast
Acoustic CT™ 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 Holding’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
Holdings as of the date hereof, and QT Imaging Holdings assumes no
obligation to update any forward-looking statement.
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version on businesswire.com: https://www.businesswire.com/news/home/20240624943357/en/
For media inquiries, please contact:
Susan Schaffler Head of Communications
Susan.Schaffler@qtimaging.com
Stas Budagov Chief Financial Officer
Stas.Budagov@qtimaging.com
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