DIAGNOS to File for FDA Pre-Market Authorization of Its AI-Powered CARA SYSTEM and Engages Ora as Regulatory Specialist
February 25 2025 - 9:05AM
Diagnos Inc. (“
DIAGNOS” or the
“
Corporation”) (TSX Venture: ADK, OTCQB: DGNOF,
FWB: 4D4A), a pioneer in early detection of critical health issues
through the use of its FLAIRE platform based on Artificial
Intelligence (AI), is pleased to announce that it is officially
filing for U.S. Food and Drug Administration (FDA) pre-market
authorization of its CARA SYSTEM, a machine-learning-enabled
medical device (MLMD). To ensure a smooth regulatory process,
DIAGNOS has engaged
ORA, a leading clinical
research organization specializing in regulatory affairs and
clinical development for ophthalmic products.
The CARA SYSTEM is designed to assist
optometrists and frontline healthcare professionals in analyzing
fundus images for the early detection of diabetic retinopathy,
age-related macular degeneration, and hypertensive retinopathy. By
leveraging Artificial Intelligence, DIAGNOS aims to enhance
diagnostic accuracy, streamline workflows, and improve patient
outcomes on a global scale.
Strategic Partnership to Facilitate U.S.
Market Entry
This collaboration with ORA represents a major
milestone in DIAGNOS’ expansion strategy. With extensive experience
in guiding ophthalmic products through regulatory approvals, ORA
will play a pivotal role in navigating the U.S. regulatory
landscape and ensuring a successful FDA submission process.
“DIAGNOS is committed to revolutionizing eye
health through Artificial Intelligence technologies,” said André
Larente, CEO of DIAGNOS. “Our expertise in Artificial Intelligence
driven diagnostics is helping to improve patient outcomes
worldwide. The optometry market comprises over 300,000 sites
globally, and our recent partnership with the largest player in the
industry will significantly boost our visibility. Additionally, our
government-related business initiatives are resuming, marking an
exciting phase of growth for DIAGNOS.”
About ORAORA is the world’s leading full-service
ophthalmic drug and device clinical research organization. For over
45 years, we have proudly helped our clients earn more than 85
product approvals. We support a wide array of organizations, from
start-ups to global pharmaceutical and device companies, to
efficiently bring new therapies from concept to market. We bring
together the world’s most extensive and experienced team of
ophthalmic experts, operations professionals, and management
executives to maximize the value of new product initiatives. For
more information, please visit
www.oraclinical.com and follow us on
LinkedIn.
About DIAGNOSDIAGNOS is a publicly traded
Canadian corporation dedicated to early detection of critical
health problems based on its FLAIRE Artificial Intelligence (AI)
platform. FLAIRE allows for quick modifying and developing of
applications such as CARA (Computer Assisted Retina Analysis).
CARA’s image enhancement algorithms provide sharper, clearer and
easier-to-analyze retinal images. CARA is a cost-effective tool for
real-time screening of large volumes of patients.
Additional information is available at
www.diagnos.com and www.sedarplus.com.
This news release contains forward-looking
information. There can be no assurance that forward-looking
information will prove to be accurate, as actual results and future
events could differ materially from those anticipated in these
statements. DIAGNOS disclaims any intention or obligation to
publicly update or revise any forward-looking information, whether
as a result of new information, future events or otherwise. The
forward-looking information contained in this news release is
expressly qualified by this cautionary statement.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
For further information, please contact:
Mr. André Larente, President
DIAGNOS Inc.
Tel: 450-678-8882 ext. 224
alarente@diagnos.ca
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