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NANO-X IMAGING LTD Ordinary Shares - NNOX STOCK NEWS

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NANO-X IMAGING LTD (Nasdaq: NNOX) is at the forefront of revolutionizing medical imaging through its cutting-edge nanotechnology. The company is developing the next generation of X-ray emitters that aim to bring X-ray imaging into the digital era. Its primary offering, the Nanox System, is a combination of hardware and software designed to enhance and modernize medical imaging.

The key component of this system is the Nanox.ARC, a digital X-ray source that incorporates novel nanotechnology to create detailed 3D images. Accompanying this is the Nanox.CLOUD, a cloud-based software platform that enables the delivery of medical screening as a service.

Nano X Imaging Ltd has made significant strides with its Nanox.AI subsidiary, which focuses on deep-learning medical imaging analytics. This arm of the company leverages AI technology to extract valuable clinical insights from routine medical imaging, facilitating early detection and preventative care pathways for patients globally.

One of the latest achievements includes a remarkable study conducted in partnership with the NHS under the Falls and Fragility Fracture Audit Programme (FFFAP). The study revealed a substantial increase in patient identification for spine fractures using the Nanox.AI algorithm, surpassing the national average by up to sixfold. This success highlights the potential of AI-powered solutions in early diagnosis and improved patient care.

Moreover, Nanox has been actively involved in enhancing its AI capabilities with the development of HealthVCF and its updated version HealthOST, both of which received FDA 510(K) clearance. These AI tools focus on highlighting low bone mineral density and measuring the severity of vertebral compression fractures, thus playing a crucial role in osteoporosis management.

The company also offers Second Opinions, an online medical consultation service through its subsidiary USARAD Holdings INC. This platform integrates Nanox.AI's FDA-cleared AI solutions, allowing patients to gain second opinions from medical experts, promoting early detection and preventive management of chronic conditions.

By providing accessible and affordable diagnostic tools, Nanox's vision is to improve early detection and treatment, thereby enhancing global health outcomes and saving lives. The company's comprehensive ecosystem—including Nanox.ARC, Nanox.AI, Nanox.CLOUD, and USARAD's teleradiology services—creates an innovative network connecting medical imaging solutions from scan to diagnosis.

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NANO-X IMAGING LTD collaborates with Beilinson Hospital to conduct a clinical study evaluating the Nanox.ARC 3D imaging system for lung and chest disease detection. The study aims to assess the diagnostic capabilities of the system compared to conventional radiography, potentially reducing the need for advanced imaging and radiation exposure.
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Nanox's HealthFLD AI software receives FDA clearance for automated liver attenuation analysis from CT scans, aiding in the early detection of metabolic diseases like MASLD. The software demonstrated high performance in detecting hepatic steatosis in a study, expanding Nanox's AI solutions for population health.
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Nanox Imaging Ltd announced the passing of its founder and non-executive chairman, Ran Poliakine, due to a medical condition. Mr. Poliakine was a serial entrepreneur with over 35 years of experience, who founded more than 20 companies and held over 70 patents in various fields. After founding Nanox and taking it public in 2020, he moved to a non-executive role in 2021. The company's CEO, Erez Meltzer, expressed deep condolences and emphasized the goal of bringing Nanox imaging solutions into widespread use to honor Ran's legacy and vision.
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NANO-X IMAGING LTD (NNOX) announced its third quarter results for 2023, revealing a net loss of $21.4 million and $2.5 million in revenue. The company achieved significant milestones such as entering into a manufacture and supply agreement with Varex Imaging Corporation and establishing its first U.S.-based commercial site and demonstration center. The company also received regulatory approvals and started the process of securing the CE mark designation in the European Union.
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NANO-X IMAGING LTD (NASDAQ: NNOX) announced the release of its financial results for the quarter ended September 30, 2023 on November 28, 2023, and its upcoming Investor Day on December 4, 2023 in New York City. Interested parties can register for the conference call and access the live webcast through links provided on the Nanox website.
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NANO-X IMAGING postpones Investor Day due to recent events in Israel
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NANO-X IMAGING LTD enters into a manufacture and supply agreement with Varex Imaging Corporation to supply X-ray tubes for the Nanox.ARC system. Nanox believes the digital cathode X-ray source can achieve the same functionalities as legacy X-ray cathodes at a lower cost. Nanox intends to add AI technology in the future. Varex will receive a revenue-sharing fee based on Nanox's pay-per-scan revenue. Nanox received FDA clearance to market the Nanox.ARC system. Nanox.ARC systems have been installed in Nigeria, Morocco, and Ghana for demonstration and training purposes.
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NANO-X IMAGING LTD (NASDAQ: NNOX) to host Investor Day at Nasdaq on Oct. 17, 2023.
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Nanox.AI's HealthCCSng solution used in study finds 58% of patients had moderate to severe levels of coronary artery calcium (CAC), a predictor of future cardiac events.
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Nanox to participate in Cantor Fitzgerald Global Healthcare Conference 2023
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FAQ

What is the current stock price of NANO-X IMAGING Ordinary Shares (NNOX)?

The current stock price of NANO-X IMAGING Ordinary Shares (NNOX) is $6.76 as of December 20, 2024.

What is the market cap of NANO-X IMAGING Ordinary Shares (NNOX)?

The market cap of NANO-X IMAGING Ordinary Shares (NNOX) is approximately 389.8M.

What is NANO-X IMAGING LTD?

NANO-X IMAGING LTD is a company specializing in the development and manufacturing of advanced medical imaging systems using nanotechnology.

What are the main products of NANO-X IMAGING LTD?

The company offers the Nanox System, which includes the Nanox.ARC, a digital X-ray imaging system, and Nanox.CLOUD, a cloud-based platform for medical screening.

What is the Nanox.AI subsidiary?

Nanox.AI is a subsidiary focused on deep-learning medical imaging analytics, leveraging AI to extract clinical insights from routine imaging and facilitating early diagnosis.

What recent achievements has Nanox reported?

Nanox has reported significant improvements in patient identification for spine fractures through the NHS FFFAP study and has developed AI tools like HealthVCF and HealthOST.

What is HealthOST?

HealthOST is an updated AI tool by Nanox that highlights low bone mineral density and measures the severity of vertebral compression fractures, aiding osteoporosis management.

What is Second Opinions?

Second Opinions is an online medical consultation service provided by USARAD Holdings INC, a subsidiary of Nanox, offering second opinions from medical specialists.

How does Nanox aim to improve global health outcomes?

Nanox aims to improve global health outcomes by providing accessible and affordable diagnostic tools that enhance early detection and treatment of diseases.

What is the significance of the Nanox.ARC?

Nanox.ARC is a digital X-ray source that uses nanotechnology to create detailed 3D images, advancing the field of medical imaging with its innovative approach.

How does Nanox.CLOUD contribute to the Nanox System?

Nanox.CLOUD is a companion software platform that enables the delivery of medical screening as a service, making the Nanox System more efficient and user-friendly.

What are some of the benefits of using Nanox.AI's solutions?

Nanox.AI's solutions help clinicians extract actionable clinical insights from routine imaging, facilitating early diagnosis, preventive care, and potentially improving patient outcomes.

NANO-X IMAGING LTD Ordinary Shares

Nasdaq:NNOX

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