{"id":6524,"date":"2024-02-29T01:47:17","date_gmt":"2024-02-29T01:47:17","guid":{"rendered":"https:\/\/economicherald.net\/?p=6524"},"modified":"2024-02-29T01:47:17","modified_gmt":"2024-02-29T01:47:17","slug":"asx-health-stocks-emv-gets-strategic-us15m-investment-from-nyse-listed-giant","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=6524","title":{"rendered":"ASX Health Stocks: EMV gets strategic US$15m investment from NYSE-listed giant"},"content":{"rendered":"<p>EMvision receives strategic investment from NYSE-listed firm<br \/>\nRadiopharm doses first patient in Phase 1 pancreatic cancer trial<\/p>\n<p>\u00a0<\/p>\n<h2>EMVision receives investment from NYSE-listed Keysight<\/h2>\n<p><strong><a href=\"https:\/\/stockhead.com.au\/company\/emvision-medical-devices-emv\/\">EMVision Medical Devices (ASX:EMV)<\/a> <\/strong>soared as high as 10% this morning after announcing that it has secured a strategic $15.28 million investment from <strong>Keysight Technologies<\/strong>, a long-standing technology collaborator of the company.<\/p>\n<p>California-based Keysight is a global leader in radiofrequency testing and measurement technology, with a portfolio of Vector Network Analysers (VNAs), core to the sensors used in EMVision\u2019s <strong>\u201cemu\u201d device brain scanner<\/strong>.<\/p>\n<p>Keysight is also <strong>listed on the NYSE under the ticker KEYS<\/strong>, and is part of the S&amp;P 500, with a market cap of approximately US$26 billion.<\/p>\n<p>EMV says the investment by Keysight will support EMVision\u2019s market entry by expanding the capacity of \u201cemu\u201d production capacity in clinical trial initiatives, which include initiatives held at prestigious stroke institutions in the US.<\/p>\n<p>EMVision\u2019s emu device is a portable brain-scanning technology which seeks to improve stroke and other neurological disorder diagnosis.\u00a0The device introduces a new imaging modality at the point of care, using ultra-high frequency radio signals.<\/p>\n<p>\u201cThis will raise our profile in the US, our key target market, providing future growth and commercial opportunities,\u201d said <em>EMVision CEO &amp; MD, Scott Kirkland.<\/em><\/p>\n<p>\u00a0<\/p>\n<h2>Radiopharm doses first patient in Phase 1 trial<\/h2>\n<p><strong><a href=\"https:\/\/stockhead.com.au\/company\/radiopharm-theranostics-rad\/\">Radiopharm Theranostics (ASX:RAD)<\/a><\/strong> announced that the first patient of its <strong>Phase 1 Pancreatic Imaging Study<\/strong> has been dosed with <strong>68Ga-Trivehexin (RAD 301)<\/strong>.<\/p>\n<p>The trial is studying the effects of RAD 301 on <em>\u03b1v\u03b26 integrin<\/em> for the detection of lesions in patients with <em>Pancreatic Ductal Adenocarcinoma (PDAC).<\/em><\/p>\n<p>It will specifically assess the safety, radiation dosimetry and imaging characteristics of RAD 301 in patients with advanced PDAC.<\/p>\n<p>RAD 301 or trivehexin is a peptide-based molecule that\u2019s designed to target \u03b1v\u03b26-integrin, a cellular marker for tumour invasion and metastatic growth.<\/p>\n<p>The \u03b1v\u03b26-integrin receptor is found in high density on most pancreatic carcinoma cells, making it an attractive diagnostic and therapeutic target.<\/p>\n<p>A total of 99 patients have been previously imaged with RAD 301 under compassionate use or as part of an Investigator-Initiated Study, with no arising safety issues reported.<\/p>\n<p>In May 2023, the FDA granted Radiopharm with an Orphan Drug Designation (ODD) for RAD 301 in pancreatic cancer.<\/p>\n<p>\u00a0<\/p>\n<h2>Share prices today:<\/h2>\n<p>\u00a0<\/p>\n\n<p><span class=\"mce_SELRES_start\">\ufeff<\/span><span class=\"mce_SELRES_start\"><\/span>\u00a0<br \/>\n<span class=\"et_bloom_bottom_trigger\"><\/span><\/p>\n<p>The post <a href=\"https:\/\/stockhead.com.au\/health\/asx-health-stocks-emv-gets-strategic-us15m-investment-from-nyse-listed-giant\/\">ASX Health Stocks: EMV gets strategic US$15m investment from NYSE-listed giant<\/a> appeared first on <a href=\"https:\/\/stockhead.com.au\/\">Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>EMvision receives strategic investment from NYSE-listed firm Radiopharm doses first patient in Phase 1 pancreatic cancer trial \u00a0 EMVision receives investment from NYSE-listed Keysight EMVision <a href=\"https:\/\/economicherald.net\/?p=6524\" class=\"read-more-link\">[more&#8230;]<\/a><\/p>\n","protected":false},"author":0,"featured_media":6525,"comment_status":"","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-6524","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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