SpectraScience
SpectraScience is a U.S.-based company specializing in the early diagnosis of colorectal cancer through its innovative WavSTAT Optical Biopsy System. This technology uses safe, cool UV laser light to optically illuminate and analyze tissue in real-time, enabling the detection of normal, pre-cancerous, or cancerous conditions without the need for traditional biopsies. By allowing physicians to diagnose and potentially initiate treatment during endoscopic procedures, the WavSTAT system aims to improve patient outcomes, as early detection significantly increases recovery rates. Colorectal cancer is a major health concern, with over 140,000 new cases anticipated in the U.S. annually, making this technology crucial in addressing a leading cause of cancer-related deaths.
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2 past transactions
Oncoscope
Acquisition in 2016
Oncoscope, Inc. is a medical device company based in Durham, North Carolina, founded in 2006. The company specializes in the development of optical imaging systems that focus on epithelial tissues found in various parts of the body, including the oral cavity, esophagus, stomach, colon, lung, cervix, and bladder. These advanced systems deliver in vivo measurements of cell nuclei's diameter and density, offering valuable insights into tissue microstructure for clinical applications.
Luma Imaging Corp
Acquisition in 2007
Luma Imaging Corporation owns the LUMA cervical imaging system. Its system is an optical imaging device, which is used to identify areas on the cervix that may have disease and examine women with pap tests. The company’s system is used by doctors as an adjunct to colposcopy that detects cervical cancer precursors.
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