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ICAD Announces Distribution Agreement With Carestream For MR Image Analysis And Mammography CAD

Stocks in this article: ICAD

iCAD, Inc.(Nasdaq: ICAD), an industry-leading provider of advanced image analysis, workflow solutions and radiation therapies for the early identification and treatment of cancer, today announced that it has entered into a global distribution agreement with Carestream Health. Under the agreement, iCAD’s MRI product suite of SpectraLook ®, PrecisionPoint ® , VividLook ®, OmniLook ®, and VersaVue ® Enterprise, and iCAD’s SecondLook ® Digital Multi-Vendor mammography CAD solution will be available for purchase with Carestream’s market-leading Vue PACS. iCAD’s MRI and mammography solutions assist radiologists in distinguishing potential cancers as part of their overall analysis of MRI and mammography studies.

“We are pleased to announce this partnership with Carestream Health, a worldwide leader in medical imaging technologies. It will further our goal to extend the global access of our advanced image analysis and workflow solutions for both MRI and mammography,” said Ken Ferry, President and CEO of iCAD. “In doing so, this will continue to strengthen our commitment to improving the early detection of cancer.”

iCAD’s MR product suite is a comprehensive quantitative image analysis solution that encompasses iCAD’s SpectraLook for breast image analysis, PrecisionPoint for MRI guided breast biopsies , VividLook for prostate image analysis, and OmniLook for image analysis of other organs of interest, such as liver, kidney and brain. These unique technologies offer a comprehensive quantitative image analysis suite for cancer detection, staging, localization, treatment planning and serial monitoring. When coupled with VersaVue Enterprise, iCAD’s image review and analysis software, this comprehensive solution improves the analysis workflow, interventional planning and reporting of MRI results while streamlining the radiologist’s workflow and diagnosis. iCAD’s SecondLook Digital Multi-Vendor solution allows hospitals and imaging facilities using several different brands of digital mammography systems to process cases using a single server for all input devices, eliminating the need to purchase a separate server for each manufacturer's digital mammography system.

“Our agreement with iCAD allows us to provide PACS platforms that streamline workflow, boost productivity and reduce operating costs for healthcare providers of all sizes,” said Ron Muscosky, Worldwide Product Line Manager for Carestream Health. “By combining iCAD’s advanced image analysis technologies with Carestream’s Vue PACS system we are providing radiologists with a valuable offering for imaging management.”

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