Vantage mHealthcare Improves Design and Technology of its Sensor
09 March 2015 - 11:30PM
Business Wire
Expects to Deploy First 100 Sensors to
Hospitals and Research Facilities in the United States and New
Zealand
Vantage mHealthcare Inc., (OTCQB:VNTH) ("Vantage") or (the
"Company") today announced that Vantage’s manufacturer expects to
deliver 100 Health Sensors over the next month to hospitals and
research facilities in the United States and New Zealand, advancing
to the next phase of its research and development process, in order
to prepare for human clinical trials.
Implementing this deployment is of great significance to
Vantage. Over the past six months, the Company has invested a great
deal of time, effort, and resources in improving the ergonomic
design of the hand-held device; adding blue-tooth communication
capabilities to the unit, increasing the sensitivity of the
nanotube-based chemical sensors, refining the software algorithms
used to interpret the raw sensor data, and automating the
production of the critical components.
Several variations of ergonomic fittings used to capture breath
exhaled by patients were designed, manufactured, tested, and
optimized to produce a device appropriate for initial testing.
Blue-tooth communication capabilities allow the hand-held unit to
communicate in real-time to smart-phones, tablets, and laptops.
Several new nanomaterials used to sense airborne volatile organic
compounds (VOCs) were created, tested, and enhanced to improve the
sensitivity of the device in detecting biomarkers containing a
critical VOC exhaled in low levels by many patients needing an
easy-to-use, non-invasive tool for an early screening of their
medical condition. An early detection of disease, while treatments
can still be initiated before the disease becomes terminal, will
help them fight their condition. The proprietary software algorithm
used to interpret the raw sensor data in the lab setting is now
being translated into apps that will soon allow real-time data
interpretation using the portable displays on smart-phones, tablets
and laptops. Lastly, automating the production allows Vantage to
quickly scale up production for much larger volumes needed to meet
future testing and production goals.
These developments are bringing the disruptive technology closer
to market, where they will be used to screen for specific diseases
by detecting VOCs known by medical experts to be exhaled by
patients with medical conditions such as cancer. Vantage has worked
diligently with its many science partners to overcome some
engineering challenges and looks forward to testing in more
hospitals and research facilities around the world.
About Vantage mHealthcare Inc.
Vantage mHealthcare Health Inc. - a mobile health technology
company - is developing personalized and point-of-care screening
using Apps based upon chemical sensing residing within a Bluetooth
device that works with any smartphone, tablet or laptop. With its
foundations in advanced nanotechnology, the company’s first
product, the Vantage Health Sensor, which is in development, is the
convergence of nano-electronics, bio-informatics, and wireless
technology to create the next generation mobile health application.
The first mobile App is expected to be for lung cancer screening
with additional mobile healthcare Apps in the planning stages. The
Company has offices in New York City and Mountain View, CA. For
more information, please visit
http://www.Vantagemhealthcare.com
This press release contains "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of 1995
that involve risks and uncertainties that could cause actual
results to be materially different from historical results or from
any future results expressed or implied by such forward-looking
statements. Such forward-looking statements include, among other
things statements with respect to our objectives and strategies to
achieve those objectives, as well as statements with respect to our
beliefs, plans, expectations, anticipations, estimates or
intentions. Such forward-looking statements may also include
statements, among other things, concerning the efficacy, safety and
intended utilization of Vantage mHealthcare’s product candidates,
the conduct and results of future clinical trials, plans regarding
regulatory filings, future research and clinical trials and plans
regarding partnering activities. Factors that may cause actual
results to differ materially include, among others, the risk that
product candidates that appeared promising in early research and
clinical trials do not demonstrate safety and/or efficacy in
larger-scale or later clinical trials, trials may have difficulty
enrolling, Vantage mHealthcare may not obtain approval to market
its product candidates, or outside financing may not be available
to meet capital requirements. These forward-looking statements are
based on our current expectations. We caution that all
forward-looking information is inherently uncertain and actual
results may differ materially from the assumptions, estimates or
expectations reflected or contained in the forward-looking
information, and that actual future performance will be affected by
a number of factors, including economic conditions, technological
change, regulatory change and competitive factors, many of which
are beyond our control. Therefore, future events and results may
vary significantly from what we currently foresee.
For a further list and description of the risks and
uncertainties the Company faces, please refer to the Company’s most
recent Annual Report on Form 10-K and other periodic and other
filings Vantage mHealthcare files with the Securities and Exchange
Commission and are available at www.sec.gov. Such forward-looking
statements are current only as of the date they are made, and
Vantage mHealthcare assumes no obligation to update any
forward-looking statements, whether as a result of new information,
future events or otherwise.
Investors:CSIR Group, LLC.Christine Petraglia,
212-386-7082www.csirgroup.com
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