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CORRECTION: Biotechs Working on Potential Preventive Measures and Cancer Treatments

FN Media Group Presents Microsmallcap.com Market Commentary Jeremy Sobotta, CEO atPerimeter Medical,   stated , "our novel technology is addressing an unmet need in breast cancer surgery. As we have heard from our clinician users, we believe our innovative OCT imaging system addresses an unmet need currently in the OR, and is ideally suited to help surgeons visualize the margins of an excised tissue specimen 'real-time' during a clinical procedure." Perimeter Medical's...
NEW YORK, (informazione.news - comunicati stampa - scienza e tecnologia)

Jeremy Sobotta , CEO at , stated , "our novel technology is addressing an unmet need in breast cancer surgery. As we have heard from our clinician users, we believe our innovative OCT imaging system addresses an unmet need currently in the OR, and is ideally suited to help surgeons visualize the margins of an excised tissue specimen 'real-time' during a clinical procedure."

latest technology, the Optical Coherence Tomography (OCT) system, can see 1-2mm below the surface of an excised tissue specimen. It has been reported that breast lumpectomy surgeries have a 25% chance for re-operation because the cancer does not get fully removed the first time. This takes a toll both on the patient and the health care system; however, the OCT tool is looking to become an important change to the way cancer operations are done. This tool has the potential to change the future of cancer treatments and reduce the likelihood of a second operation. Additionally, the OCT tool takes only 10 minutes to provide point-of-care to the patient, whereas, historically, standard assessment practices have taken 2 to 7 days. has future plans to expand this development but is currently focused on the US due to limited use of the OCT device.

In that line, on March 10 , announced that it had received 510(k) clearance from the FDA for its OCT Imaging System. This clearance allows the company to offer the commercial-ready OCT system to the US market.

To enhance its AI, has initiated a 400-patient study at leading breast cancer centers to collect images of breast cancer tumors. The next step will be a randomized, multi-site pivotal study with about 600 patients to test the company's AI against the current standard of care, as well as to assess the impact on re-operation rates for patients undergoing breast conservation surgeries.

 also recently announced the successful completion of its warrant acceleration. The company has received approximately $8.3 million from exercising close to 4.3 million warrants since its last quarterly financial report in September 2020 .

announced last April that the biotech company was in the early stages of a potential blood cancer treatment . When introduced this study, it was performed on six patients with a complex form of leukemia. The cancer treatment is meant to disrupt the interaction between a protein called menin and a gene referred to as MLL1. Three of the six patients had rearrangements of the MLL1 gene and all three had different responses to the treatment. However, it was noted that clinical activity was achieved quickly after one 28-day cycle and is particularly encouraging for patients with few treatment options and a complex condition. 

, a clinical-stage biopharmaceutical company, is working on developing novel therapies for cancer and auto-immune disease, along with commercializing its findings. In February 2021 , announced a joint agreement with SFJ Pharmaceuticals to support the development of Bempegaldesleukin (BEMPEG). The joint venture will see the companies work together on a Phase 2/3 registrational clinical study of BEMPEG plus pembrolizumab in patients with certain types of head and neck cancer.

is described as a clinical biopharmaceutical company that is invested in the development of novel cancer immunotherapies.   is invested in the development of next-generation immuno-oncology drugs and has recently entered into a licensed agreement with 3DMed. Together, the companies are committed to bringing innovative drugs to the market and are in the approval stage for their most recent discovery.

, similar to other biotechnology companies, is running a successful operation focused on several immunotherapy technologies, in addition to other cancer-targeting biologics. The company has been involved in several clinical trials for products that target breast cancer, metastatic melanoma, lung cancer, solid tumors, ovarian cancer, and beyond. Most recently, announced it was expanding clinical development on its candidate for the chronic skin disease prurigo nodularis.

Companies like are working around the clock on new technologies and developments for the cancer industry, giving hope to many as the battle against cancer continues.

For more information on , click here .

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