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home / news releases / PINK - Perimeter Medical Imaging AI shortlisted for grant funding under Biden Cancer Moonshot initiative


PINK - Perimeter Medical Imaging AI shortlisted for grant funding under Biden Cancer Moonshot initiative

(NewsDirect)

Perimeter Medical Imaging AI CEO AdrianMendes joined Proactive's Stephen Gunnion with news that thecompany has been shortlisted in a grant funding process sponsored bythe Advanced Research Projects Agency for Health (ARPA-H) as part ofits Precision Surgical Interventions (PSI) program.

Mendes explained that the initiative aimsto provide groundbreaking tools for surgeons to effectively removecancer in a single operation. Perimeter's technology alignsperfectly with this goal, as they have been working on it for the pastdecade.

Perimeter Medical ImagingAI utilizes a technology called OCT, which has been around for 30years. However, it has developed wide-field OCT, enabling larger imagecapture crucial for examining excised tumors. The company'scurrent S series device is already in use in several operating rooms,gathering user feedback. It is also conducting clinical trials for itsnext-gen B series device, integrating AI technology to enhance surgeonworkflow.

While the base OCT technology isn't new, thecompany's innovations and AI integration represent the latestadvancements.

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Stock Information

Company Name: Simplify Health Care ETF
Stock Symbol: PINK
Market: NYSE

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