Ventripoint Files Regulatory Submissions for Next-Generation
VMS+ 3.0 System in Major Markets
Toronto, Ontario, June 5, 2019 – Ventripoint Diagnostics Ltd. (“Ventripoint” or the “Company”, TSXV:VPT, OTCQB:VPTDF) is pleased to announce that they have submitted for regulatory approvals in Canada, United States and Europe for their next-generation VMS+ 3.0 system.
"I am proud of the exemplary work performed by the regulatory affairs and design and development teams as we embark on this major milestone of submitting for regulatory approvals to the FDA, Health Canada and CE Notified Body for our VMS+ 3.0 system. We are now focused on our pre-launch marketing awareness strategy and global distribution plans,” commented Dr. George Adams, Ventripoint CEO.
The VMS+ 3.0 system is designed to use Artificial Intelligence (AI) for volumetric measurements and ejection fractions for all 4 chambers of the heart, which are key indicators in cardiac diseases. It is a cost-effective diagnostic tool for measuring whole heart function utilizing standard 2D ultrasound. The system has a new patent-pending position sensor technology developed at Ventripoint to improve patient management and overall experience during the cardiac echo exam for pediatric and adult patients. An onscreen interactive guide has also been integrated to increase efficiency and ease of use for the clinician while performing imaging and analysis. The new compact and portable system can be set up within minutes providing a streamlined approach within the clinical environment where patient case load is continually increasing.
Until regulatory approvals have been received, the VMS+3.0 system is not commercially available but is available for investigational use.
About Ventripoint Diagnostics Ltd.
Ventripoint’s technology is a leading Artificial Intelligence (AI) approach known as Knowledge-Based Reconstruction (KBR), used to create applications to monitor heart disease, a leading cause of death worldwide. The VMS+ is the first cost-effective and accurate AI tool for measuring whole heart function using conventional ultrasound. The Company has developed a suite of applications for all major heart diseases and is actively commercializing the approach to improve cardiac care.
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