MEDIAN Technologies has ISO 13485 certification - the internationally recognized quality standard for the medical device industry. The company's LMSs gained FDA approval in 2007 and a class IIa CE mark was awarded in 2010. The LMSs are used by key opinion leaders in over 102 centres in Europe, the USA and (most recently) Australia.
"Receiving OSEO Innovative Company accreditation emphasizes MEDIAN Technologies' focus on innovation and proves the relevance of our software solutions and services. In fact, our solutions provide the pharmaceutical industry and physicians with essential tools based on new-generation biomarkers, which help detect cancerous lesions early and optimise patient follow-up", commented MEDIAN Technologies' Chairman and CEO Fredrik Brag.
Cancer is now the world's leading cause of mortality, with 12.4 million patients affected every year and 7.6 million deaths per year. These figures are set to double by 2030 and there is strong demand for solutions which can improve diagnosis and treatment. Whilst medical imaging is an important tool, standard methods for image interpretation do not enable all lesions to be detected and optimally monitored over time.
MEDIAN Technologies offers the pharmaceutical industry and the medical world a number of integrated LMSs which help interpret medical images and thus improve the diagnosis and monitoring of cancer patients. The LMS software automatically quantifies the lesions and allows the flexible,
(source: IARC, World Cancer Report 2008) 2
effective management of lesion-related information. In combination with high levels of automation and standardization, the LMS uses biomarker identification to assist with lesion detection, interpretation, quantification and monitoring over time.
MEDIAN Technologies' solutions represent a true revolution in imaging-based medicine by enabling a paradigm shift from the subjective evaluation of medical images (biased by variability in lesion selection and response tracking) to quantitative, objective, optimized interpretation.
MEDIAN Technologies is targeting the oncology clinical trial market, its primary market, and the cancer patient care market.
About Lesion Management Solutions (LMS)
Lesion Management Solutions detect, evaluate and follow-up lesions identified in computed tomography (CT) scans. The LMS performs a number of measurements automatically (such as lesion dimensions, volume and density); these parameters are used in both routine clinical practice and during clinical trials to evaluate patient responses to cancer therapies.
LMS solutions are adaptable and compatible with all CT scanners. They can be integrated into heterogeneous IT environments and easily installed on sites with very diverse equipment and software configurations.
MEDIAN Technologies' LMSs are provided as "software as a service" ; they are web-based, fully distributed (with cloud computing) and available anywhere in the world.
About MEDIAN Technologies
MEDIAN Technologies was founded in 2002 by Fredrik Brag (the current Chairman and CEO), Gérard Milhiet and Arnaud Butzbach. It is based at Sophia Antipolis (southern France) and has a subsidiary in the USA. The company currently has a staff of 40, over half of whom work in R&D. MEDIAN Technologies offers solutions and services for diagnosing and monitoring cancer patients. It is targeting both the oncology clinical trials market and the patient care market.
MEDIAN Technologies has collaborated with leading institutes in the field of medical imaging, including the French National Institute for Computer Science and Control (INRIA), Chicago University and the Swiss Federal Institute of Technology in Lausanne, Switzerland (EPFL). MEDIAN Technologies has been present in the market since 2007 through direct sales of its LMS solutions and alliances with specialist cancer centres in Europe and the USA.
Since its incorporation, the company has raised about €16 million in three rounds of financing (in 2003, 2004 and 2006/7) with major internationally respected investors, including AGF Private Equity (France), Auriga Partners (France), Draper Fisher Jurvetson ePlanet Ventures (DFJ/USA) and the University of Chicago Hospitals (USA). MEDIAN Technologies also benefited from €2.8 million in financial support awarded to its LESIO project by OSEO (the French state innovation agency) over the period 2008-2010. For more information about MEDIAN Technologies, visit: www.mediantechnologies.com
Press contacts MEDIAN Technologies ALIZE RP Fredrik Brag, CEO Caroline Carmagnol +33 492 90 65 82 + 33 6 64 18 99 59 // + 33 1 42 68 86 43 fredrik.brag@mediantechnologies.com caroline@alizerp.com
Anne-Sophie Cosquéric + 33 1 42 68 86 41 Anne-sophie@alizerp.com
