Optiscan Imaging Ltd - Government grant to support Melbourne Dental School Oral Cancer Trial
Optiscan Imaging Ltd (ASX:OIL)

Government grant to support Melbourne Dental School Oral Cancer Trial

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Highlights

What's happened?

Optiscan Imaging Limited (ASX:OIL) has been awarded a grant of almost $1 million by the Australian Government, which will help fund a trial to improve screening, diagnosis and treatment of oral cancer.

What are the key highlights?

  1. The BioMedTech Horizons Program is an initiative of the Medical Research Future Fund, operated by MTPConnect.
  2. The Program’s latest round of funding, was open to medical device projects targeting innovative solutions to address unmet clinical needs in three key focus areas, including general medical devices in oncology.
  3. The $971,000 BioMedTech Horizons Program grant to OptiScan will enable the University of Melbourne’s Melbourne Dental School to undertake a trial with approximately 150 patients over a 12-month period.

For further information please refer to the announcement linked below.

Executive Chairman's Summary

Darren Lurie

“Oral cancer is one of the most common cancers globally, with a 5-year mortality rate of approximately 50 per cent – particularly if not detected and treated early. Despite this, there are currently limited tools to identify individuals who are likely to develop oral cancer, and patients are subjected to invasive biopsies. Our technology is making cancer screening less invasive and more efficient, enabling early diagnosis and surgical treatment. We’re delighted to receive this grant and excited to collaborate with the Melbourne Dental School to demonstrate how our technology can help save and improve lives."

Darren Lurie
Executive Chairman, Optiscan Imaging Ltd
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