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Izotropic Corporation is a medical device company specializing in IzoView, a CT imaging system used for non-invasive tissue characterization, particularly in breast imaging. The company recently completed a pre-submission application to the FDA for market clearance of IzoView as a Class II device through a 510(k) pre-market notification submission. Izotropic is also focusing on collaborations with hospitals to generate clinical data supporting new products and regulatory submissions.
Izotropic (CSE: IZO) (OTCQB: IZOZF) announces plans to launch IzoView, a breast CT imaging system, as a diagnostic device for patients with dense breast tissue in the U.S. and EU. The company is pursuing a Pre-Market Authorization (PMA) clinical study in the U.S., estimated to cost $3.5M USD and involve 400 patients. The study aims to prove the superiority of Digital Breast Tomosynthesis (DBT) combined with Contrast-Enhanced Breast CT over DBT alone for breast cancer detection in women with dense breasts.
Izotropic is also seeking CE Mark approval in the EU, which may result in earlier commercialization. The company's strategy focuses on patients with BI-RADS C and D breast density classifications, addressing a significant market as nearly half of U.S. women aged 40+ have dense breasts, which increases breast cancer risk.
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