Grants and Contributions:
Grant or Award spanning more than one fiscal year (2017-2018 to 2018-2019).
The technology developers have produced a handheld diffuse optical breast scanning probe to measure opticalx000D
properties of breast tissue and create functional and compositional cross-sectional images of the breast. Tox000D
evaluate performance and usability of the device, the developers, first tested the probe on breast tissuex000D
mimicking materials which have similar optical properties to breast tissue. They then tested the device onx000D
human subjects.x000D
The key questions on the commercial viability of this technology relate to validation of the potential marketx000D
size for the technology, validation of the end-user need and willingness/ability to purchase.x000D
The planned market study will help identify key market segments and key demographics together with potentialx000D
addressable market size. There has been investment interest from various sources in North America and Asia.x000D
The study will help set an initial range for potential valuation in any investment discussions.