4D Medical receives $1.9M grant to boost trials of CT:VQ technology

The Market Herald10-23

4D Medical Ltd (ASX:4DX) has been awarded $1.9 million from the Federal Government under the latter’s CRC-P (Cooperative Research Centres Projects) grant program to fund its expansion and ramp-up of ...

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href=https://themarketonline.com.au/4d-medical-receives-1-9m-grant-to-boost-trials-of-ctvq-technology-2024-10-23/><strong>The Market Herald</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>4D Medical Ltd (ASX:4DX) has been awarded $1.9 million from the Federal Government under the latter’s CRC-P (Cooperative Research Centres Projects) grant program to fund its expansion and ramp-up of ...</p>\n\n<a href=\"https://themarketonline.com.au/4d-medical-receives-1-9m-grant-to-boost-trials-of-ctvq-technology-2024-10-23/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1096","symbol_name":"消费电子产品","start_time":0,"source_url":"https://themarketonline.com.au/4d-medical-receives-1-9m-grant-to-boost-trials-of-ctvq-technology-2024-10-23/","article_id":"2477316399","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2477316399","pubTimestamp":1729641480,"columns":[],"sourceInfo":{"source_id":"markerherald_stock","name":"The Market Herald"},"weMediaInfo":null,"summary":"4D Medical Ltd  has been awarded $1.9 million from the Federal Government under the latter’s CRC-P  grant program to fund its expansion and ramp-up of clinical trials for CT:VQ, being run in collaboration with I-MED and Macquarie University.The clinical trialing project – entitled ‘CT:VQ – A Better Pulmonary Perfusion Test’ – is focused on technology which allows data related to airflow  and blood flow  to be extracted from a CT scan.Being able to do so would sidestep the use of any radioactive tracer or contrast, and facilitating the quantifying of data about V and Q – and differentiating between them – is an important diagnostic tool.The trials for 4D Medical’s CT:VQ technology are specifically attempting to provide the evidence necessary to empower physicians to substitute 4DMedical’s CT:VQ for nuclear medicine VQ scans.The US market size for nuclear medicine VQ scans is over US$1 billion, with approximately1 million tests per year at an average cost of over US$1,000 per scan.Join t","collect":0,"end_time":0,"defaultTopTitle":"themarketonline.com.au","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1096":"消费电子产品","4DX.AU":"4DMEDICAL LTD","BK1504":"苹果概念","01478":"丘钛科技","BK1179":"电子设备和仪器","BK7094":"医疗保健技术"},"translate_title":"4D Medical获得190万美元拨款以促进CT：VQ技术的试验","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01478":1,"4DX.AU":1},"content_text":"4D Medical Ltd (ASX:4DX) has been awarded $1.9 million from the Federal Government under the latter’s CRC-P (Cooperative Research Centres Projects) grant program to fund its expansion and ramp-up of clinical trials for CT:VQ, being run in collaboration with I-MED and Macquarie University.\nThe clinical trialing project – entitled ‘CT:VQ – A Better Pulmonary Perfusion Test’ – is focused on technology which allows data related to airflow (ventilation, or V) and blood flow (perfusion, represented by Q) to be extracted from a CT scan.\nBeing able to do so would sidestep the use of any radioactive tracer or contrast, and facilitating the quantifying of data about V and Q – and differentiating between them – is an important diagnostic tool.\nThe trials for 4D Medical’s CT:VQ technology are specifically attempting to provide the evidence necessary to empower physicians to substitute 4DMedical’s CT:VQ for nuclear medicine VQ scans.\nThe US market size for nuclear medicine VQ scans is over US$1 billion, with approximately1 million tests per year at an average cost of over US$1,000 per scan.\nManaging director, CEO and founder Andreas Fouras said the funding would help propel the testing further and help 4D Medical wok towards commercialisation of the technology.\n“CT:VQ is set to disrupt a billion dollar segment of respiratory diagnostics by replacing nuclear VQ imaging with a technology that is faster, safer, cheaper, more convenient and more accessible,” he said.\n“As a win, win, win change in healthcare practice, CT:VQ represents a once in a generation opportunity.”\n4D Medical shares rose on the news, and at 10:52 AEDT, they were trading at 53.5 cents – a rise of 3.88% since the market opened.\nJoin the discussion: See what HotCopper users are saying about 4DX and be part of the conversations that move the markets.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; 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