The RetinalGeniX system is a cost-effective, ultra-wide imaging system to examine the periphery of the retina for the detection of early signs of diabetic retinopathy (“DR”) without dilating a patient’s pupils. RetinalGeniX was developed by researchers at RTI and is covered by three patents.
ADMT will develop and engineer the RetinalGeniX system to meet regulatory requirements and for quantity manufacturing in ADMT’s FDA-Registered Medical Device Manufacturing Facility in
DR is a leading cause of vision loss globally. Of an estimated 285 million people with diabetes mellitus, about one-third, over 100 million, have signs of DR with approximately one-third of those, or 35 million, threatened with blindness due to diabetic maculopathy. Early detection of diabetes, by observing vascular changes in the peripheral retina, not only serves as an early warning for diabetes but also signals vascular cerebral pathology and early signs of dementia. Early diagnosis leads to more favorable outcomes in both diseases. This technology will facilitate the mass screening of large populations.
“We are excited that RTI has chosen our company for this important project that can help so many people around the world,” stated Andre’ DiMino, President and CEO of ADMT. “Our engineering and regulatory teams look forward to working with
RTI is an emerging medical device company focused on commercializing the next generation of cost-effective, ultra-wide imaging technologies to examine the periphery of the retina, at up to a 200° field of view, to detect early signs of diabetic retinopathy. “We are dedicated to developing technologies that advance the next generation of diagnostics. Detected early and treated effectively, retinopathy can be stopped so that vision can be maintained. The proliferation of tools making early diagnosis easy and inexpensive is a critical factor in broadening care,” stated
About ADMT
ADMT is a diversified, technology-based developer and manufacturer of innovative technologies and products. Its core competency is its ability to conceptualize a technology, bring it through development, into manufacturing and commercialization, all in-house. ADMT has three areas of activity: Proprietary Medical Devices; Medical Device Design, Engineering, Regulatory and Manufacturing Services; and Eco-Friendly, Water-Based Formulations. The Company’s headquarters, laboratories, FDA-Registered medical device, and manufacturing operations are in
Except for historical information contained herein, the matters set forth in this news release are “forward-looking” statements (as defined in the Private Securities Litigation Reform Act of 1995), including statements regarding future revenue growth and performance. Although ADMT believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, there can be no assurance that its expectations will be realized. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from expectations. Factors that could contribute to such differences include those described from time to time in ADMT’s
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