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 ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2477316399?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-10-23 07:58","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2477316399","market":"us","top_or_hot":-1,"title":"4D Medical receives $1.9M grant to boost trials of CT:VQ technology","media":"The Market Herald","content":"<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","source":"markerherald_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>4D Medical receives $1.9M grant to boost trials of CT:VQ technology</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n4D Medical receives $1.9M grant to boost trials of CT:VQ technology\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-23 07:58 GMT+8&nbsp;&nbsp;&nbsp;<a 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,"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","BK1504":"苹果概念","BK1179":"电子设备和仪器","BK7094":"医疗保健技术","4DX.AU":"4DMEDICAL LTD","01478":"丘钛科技"},"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":null,"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; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2477316399"}