Biotech Entrepreneur Ready to Spend $100 Million to Design Cheap and Easy-to-Use Handheld Ultra-sound Scanners That Can be Used in Drugstores

Radiology poised to be disrupted as entrepreneurs work to create smaller, cheaper imaging devices that perform as well or better than big, expensive imaging systems Handheld ultra-sound scanners that are as “cheap as a stethoscope” is the goal of a $100 million development project. Just as the clinical laboratory industry is seeing entrepreneurs pour hundreds of millions of dollars into projects intended to create miniature medical laboratory testing devices, so also is radiology and imaging a...

Start-up Company Hopes Its Revolutionary Hand-Held Device May Render Current MRI and Ultrasound Testing Obsolete

Venture capitalists are betting $100 million that an entrepreneur can develop an inexpensive and portable imaging device that can be used by office-based physicians There’s a serious effort, funded by venture capitalists, to create a compact medical imaging device with the capabilities to disrupt the existing radiology profession. Developers intend to create a more accurate imaging technology that also costs much less than the expensive imaging systems in common use today. Biomedical...
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