Varian Medical Systems has received FDA 510(k) clearances for its RapidArc(TM) radiotherapy technology, a revolutionary advance that makes it possible to deliver image-guided, intensity-modulated radiation therapy (IMRT) two to eight times faster and more precisely than is possible with conventional IMRT or helical tomotherapy.
QPC Lasers, a company in the development and commercialization of high brightness, high power semiconductor lasers for the consumer, industrial, defense, and medical markets, announced that it has won a major contract to develop and deliver lasers to be used in rear projection televisions based on DLP and LCOS technologies.
NeuroMetrix, Inc., a medical device company advancing patient care through the development and marketing of innovative products used to diagnose and treat diseases of the nervous system, neurovascular disorders, and pain, announced today that it has acquired substantially all of the assets of EyeTel Imaging, Inc. and has assumed certain specified liabilities in connection with the acquisition.
Laser surgery to correct vision problems has been in use since the early 1990s. Photorefractive Keratotomy (PRK) is typically used to correct low to moderate myopia, while laser in-situ keratomileusis (LASIK) is preferred for high myopia corrections. Although over 18 million LASIK procedures have been performed worldwide, there is still some controversy regarding the maximum correction possible and efficacy with this technique.
In the United States, the management of glaucoma costs about $2.5 billion per year. Of the $1.9 billion in direct costs, glaucoma medications account for an estimated 38% to 52% of the total.
Medicsight PLC, a subsidiary of MGT Capital Investments, Inc., and an industry leader in the development of Computer-Aided Detection (CAD) and image analysis software which assists in the early detection of disease, welcomes the initiative by Barbara Cubin, Republican Representative for Wyoming, to introduce legislation to increase patient access to Computed Tomography Colonography (CTC). CTC is the innovative screening test for colorectal cancer that has the potential to save thousands of lives.
Palomar Medical Technologies, Inc., a leading researcher and developer of light-based systems for cosmetic treatments, today announced an agreement with The Gillette Company (a wholly owned subsidiary of The Procter and Gamble Company) to extend the Launch Decision of a home-use, light-based hair removal device for women until no later than February 29, 2008.
PLC Systems Inc. announced today that it has received the CE Mark Certificate for its RenalGuard System(TM), clearing the way for the Company to begin its initial launch of the product in the European Union.
When lasers were developed in the 1960s, they were a solution looking for a problem to solve. Since then, they have become an essential tool in industries as diverse as nanotechnology and biomedicine. A new generation of ultra-fast fibre lasers being developed in Europe is creating even more uses for the beams of high-intensity light, while lowering production and maintenance costs and increasing efficiency.
The U.S. Department of Energy has approved a $912-million price tag and an eight-year construction schedule for the new National Synchrotron Light Source II research installation at Brookhaven National Laboratory.
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