Xyken, LLC — Department of Health and Human Services SBIR Phase I: NIA
Xyken, LLC — SBIR Phase I award from Department of Health and Human Services.
- Amount
- $691,946
- Agency
- Department of Health and Human Services · National Institutes of Health
- Program / Phase
- SBIR · Phase I
- Topic
- NIA
- Solicitation
- PA15-052
- NAICS
- —
- Place of performance
- VA
- Period
- 2017-03-01 → 2019-09-30
Description
Project SummaryAging increases the risk of GI disorders such as CRCinflammatory bowel diseaseand appendicitisNIH statistic shows thattomillion people are affected by digestive diseasesIncreasing global geriatric population base is expected to further worsen this situation over the coming yearsAnnuallydiseases of the gastrointestinalGItract account for more thanmillion office visits and more thanmillion GI endoscopic procedures in the United States alone for the examinations of digestive tract including the esophagusstomachsmall intestinecolonand rectumMinimally Invasive SurgeryMISendoscopes are still utilized as the main stream with close to $billon market needs and near double digit growth rate for performing both diagnosis and therapeutic clinic operationsUnfortunatelyexisting video based endoscopes can only provideD images for visual inspection purpose onlyit cannot provideD quantitative information on volume and area and location of the diseaseas well as the relative position of diagnostic and therapeutic equipmentTo address this problemXyken together with its collaborator proposes to develop a novel imaging system to provideDD videoing of the GI anatomical structureThe proposed software system will have the following clinic impact and significanceGreatly facilitating the diagnosisplanningand treatment process through quantitativeassessmentaccurate depth perception and safer navigationProviding more effective clinical training method for residents doctors through in vivoD digitalGI tract modelPotentially replacing CT based image guided surgeryeliminating radiation and registrationcaused errorsPublished research reports find thatdriven by the increasing number of the chronically ill population and agingthe global endoscopy equipment market is expected to reach USDBillion byfrom USDBillion inat a CAGR ofWith the aging population and advancement of the emerging economiesthe global demand is expected to grow with an increased rateThe commercialization potential and economic impact of the proposed system is thus significant