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ENDRA Life Sciences Inc. (symbol: NDRA), is revolutionizing the field of ultrasound with its groundbreaking photo-acoustic solutions. The company’s innovations enable medical researchers to screen and modify disease models with unmatched quality and speed. ENDRA Life Sciences has established a global installed base of top-tier institutions utilizing their Nexus-128 system, the only comprehensive 3D imaging solution designed for imaging anatomy, physiology, and labeled molecular targets.
The Nexus 128 is a sophisticated preclinical photoacoustic computed tomography (CT) scanner tailored for small animal imaging. It facilitates quick, non-invasive quantification of physiological parameters, such as tumor vasculature, without the need for ionizing radiation. The fully 3D imaging technology of the Nexus 128 enhances sensitivity compared to traditional slice-based scanners, and its dynamic (4D) photoacoustic CT scans support advanced applications like quantification of probe uptake. Currently, leading imaging laboratories worldwide leverage the Nexus 128 for various research purposes.
Additionally, ENDRA Life Sciences is developing Thermo Acoustic Enhanced UltraSound (TAEUS) technology, which aims to visualize tissue with MRI-like clarity but at a fraction of the cost and at the point of patient care. The TAEUS technology is designed to integrate with approximately 400,000 cart-based ultrasound systems in use globally. Initially, TAEUS focuses on measuring liver fat to assess and monitor Non-Alcoholic Fatty Liver Disease (NAFLD) and Non-Alcoholic Steatohepatitis (NASH), chronic liver conditions affecting over a billion people worldwide, for which there are currently no effective diagnostic tools. Beyond liver applications, TAEUS is also being explored for several other clinical uses, such as visualizing tissue temperature during energy-based surgical procedures.
ENDRA Life Sciences continues to push the boundaries of medical imaging technology, collaborating with various partners to further enhance their solutions. Stay updated with the latest achievements, projects, and news from ENDRA Life Sciences to understand their impact and progression in the medical technology landscape.
ENDRA Life Sciences (NASDAQ:NDRA) reported its second-quarter 2021 results, highlighting significant operational developments. The company continues patient screenings at Rocky Vista University and anticipates the University of Pittsburgh Medical Center to start soon. ENDRA initiated in-person sales for its TAEUS system in Europe, supported by a growing patent portfolio of 87 global assets. Despite a net loss of $3.2 million and operating expenses rising to $3.2 million, cash reserves stand at $14 million. CEO Francois Michelon expressed optimism for FDA clearance in 2021, despite potential delays.
ENDRA Life Sciences Inc. (NASDAQ:NDRA) will report its Q2 2021 financial results on August 12, 2021, following the market close. The management will host a conference call and webcast at 4:30 p.m. ET to discuss results and recent corporate updates. The company is known for its innovative Thermo Acoustic Enhanced UltraSound (TAEUS) technology, aimed at visualizing tissue at a fraction of MRI costs, particularly for assessing liver conditions like NAFLD and NASH. The technology is compatible with numerous existing ultrasound systems.
ENDRA Life Sciences Inc. (NASDAQ:NDRA) will participate in A.G.P.'s Virtual MedTech Summer Conference on July 29, 2021. This event includes 1-on-1 virtual investor meetings, allowing investors to connect with the management team. ENDRA is a pioneer of Thermo Acoustic Enhanced UltraSound (TAEUS®), a technology that visualizes tissue at a fraction of MRI costs. TAEUS® targets chronic liver conditions like Non-Alcoholic Fatty Liver Disease (NAFLD) and Non-Alcoholic Steatohepatitis (NASH), affecting over one billion people globally.
ENDRA Life Sciences (NASDAQ:NDRA) has expanded its patent portfolio with three newly issued patents from the USPTO related to its Thermo Acoustic Enhanced UltraSound (TAEUS®) technology. The patents include methods for estimating liver fat content, determining material parameters, and monitoring temperature during thermal ablation. This growth in intellectual property, now totaling 86 assets, is aimed at enhancing the commercial application of TAEUS®, which targets significant medical challenges like Non-Alcoholic Fatty Liver Disease. The company emphasizes protecting its innovations in key global markets.
ENDRA Life Sciences (NASDAQ:NDRA) has appointed Irina Pestrikova as the new Senior Director of Finance and Principal Financial Officer, effective June 18, 2021. She will take over the responsibilities previously held by David Wells, who is departing to pursue another opportunity. Pestrikova has been with ENDRA since 2014, contributing to its financial planning and accounting functions. Wells will assist in the transition until September 2021.
This leadership change comes as ENDRA continues to innovate with its Thermo Acoustic Enhanced UltraSound (TAEUS) technology for liver and other clinical applications.
ENDRA Life Sciences (NASDAQ:NDRA) is set to be added to the Russell Microcap Index, effective June 28, 2021, following a preliminary announcement on June 4. The CEO, Francois Michelon, expressed enthusiasm for this milestone, highlighting its potential to enhance the company's visibility in the investment community. Membership in this index serves as a benchmark for smaller growth stocks and facilitates automatic inclusion in various growth and value style indexes, benefiting approximately $10.6 trillion in asset benchmarks.
ENDRA Life Sciences (NASDAQ:NDRA) reported its Q1 2021 financial results, revealing a net loss of $2.3 million ($0.06 per share), an improvement from a loss of $3.3 million ($0.29 per share) in Q1 2020. Operating expenses decreased to $2.6 million from $3.1 million year-over-year. The company secured a total of $12.6 million through warrant exercises and its ATM facility. Significant advancements include partnerships with Hepion Pharmaceuticals and Inselspital University Hospital for clinical validation of the TAEUS system, aimed at assessing liver conditions. Cash reserves stood at $16.8 million as of March 31, 2021.
ENDRA Life Sciences Inc. (NASDAQ:NDRA) announced it will report its first quarter 2021 financial results on May 17, 2021, after market close. A conference call and webcast will follow at 4:30 p.m. ET to discuss the results and recent corporate developments. ENDRA is known for its Thermo Acoustic Enhanced UltraSound (TAEUS®), a cost-effective ultrasound technology aimed at assessing liver conditions affecting over 1 billion individuals worldwide. More information can be found on their website.
ENDRA Life Sciences Inc. (NASDAQ:NDRA) announced the issuance of two U.S. patents related to its Thermo Acoustic Enhanced UltraSound (TAEUS®) technology. The patents include the '624 patent, which enhances TAEUS probe functionality, and the '163 patent, which protects the design of its thermoacoustic imaging probe. Both patents aim to improve diagnostic capabilities for conditions like Non-Alcoholic Fatty Liver Disease (NAFLD), affecting over 1 billion globally. ENDRA also highlighted its growing intellectual property portfolio, now at 85 assets, and ongoing clinical partnerships, especially with GE Healthcare.
ENDRA Life Sciences (NASDAQ:NDRA) will present its Thermo Acoustic Enhanced Ultrasound (TAEUS™) technology at the AIUM Annual Integrative Ultrasound Meeting on April 14, 2021, at 11:45 am ET. The presentation, led by CTO Michael Thornton, will overview TAEUS and its application in measuring liver fat, targeting conditions like Non-Alcoholic Fatty Liver Disease (NAFLD) affecting over one billion people worldwide. ENDRA will also showcase its TAEUS liver system in a virtual booth from April 11 to April 25.
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