NDR Medical Technology’s ANT-X Granted FDA Clearance, Paving the Way for Image-Guided Surgeries

VujaDE on July 17, 2023

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Singapore, Singapore, July 17, 2023 –(PR.com)– ANT-X is an interventional robot that leverages C-arm fluoroscopy to help clinicians achieve swift and accurate percutaneous needle placement.

NDR Medical Technology, an AI-empowered interventional robotics company, today announced that the ANT-X has been granted FDA 510(k) clearance by the U.S. Food and Drug Administration (FDA). This clearance makes ANT-X the world’s first automated robotic device to aid in needle positioning and alignment to access the kidney for Percutaneous Nephrolithotomy (PCNL), a urology procedure for kidney stone removal. It is designed to empower clinicians to perform image-guided Fluoroscopic percutaneous access with speed and precision.

Improving treatment outcomes for patients with kidney stones

Approximately 10 percent of the American population is affected by kidney stones in their lifetime1, and there is a pressing need for effective treatment. Among treatment options available for patients, PCNL stands out as the preferred treatment of choice for patients2, as it tends to see higher stone-free rates compared with procedures such as ureteroscopy3. Despite its benefits, PCNL represents only an estimated 7-8 percent of stone procedures conducted in the US today 4. With FDA approval secured for the ANT-X, clinicians will be able to carry out PCNL procedures safely and effectively for a larger number of patients.

“As urologists, we recognise that achieving percutaneous access to the renal collecting system is a crucial step that significantly impacts the success of kidney stone surgery,” said Dr Kazumi Taguchi, Assistant Professor and head of research of Nephro-urology at Nagoya City University, “Despite advancements in surgical techniques, we are still faced with the daunting task of performing this procedure, which demands considerable time and effort.”

Increased market size in the US

With the advancement of PCNL techniques such as mini PCNL and ultra-mini PCNL, more patients can be discharged on the same day without the need for stents, tubing, or any remaining stones5.

“Recent trends show an increase in the use of PCNL targeting stones up to 2cm, while Mini PCNL has been proven to minimise adverse events. We are confident that the adoption of ANT-X reduces the complexity of such procedures,” said Alan Goh, CEO, NDR Medical Technology.

In the US, current reimbursement codes cover procedures for stone sizes up to 2cm or larger, with new updates to the codes allowing urologists to be incentivised for performing their own access in PCNL procedures6. With ANT-X, urologists can now confidently perform image-guided access, which was previously challenging without assistance.

NDR Medical Technology also recently placed second in the MedTech category at SelectUSA Tech 2021, a showcase for entrepreneurs at the SelectUSA Investment Summit 2021, organised by the US Department of Commerce.

Unlocking new possibilities in the future of healthcare

Beyond urology procedures, the versatility of ANT-X extends to other indications. In Singapore, the company successfully conducted its first Neurospine procedure, discoplasty, in June 2023. Driven by a vision to revolutionise the standard of care, NDR Medical Technology is seeking partners and investors to join in the mission of creating breakthrough solutions that transform the future of healthcare.

“Achieving FDA 510(k) approval gives NDR Medical Technology access to the largest healthcare market in the world, and is a critical step ahead for the company,” said Hsien-Hui Tong, Executive Director – Investments, SGInnovate. “This milestone is a sign of consistent good traction made by the team as it continues to expand the applications of its technology, and deliver value to its customers, partners and investors.”

For media and other queries, please contact:
Evangeline Chia
evangeline@ndrmedical.com

About NDR Medical Technology Pte Ltd
NDR Medical Technology was founded in 2015 and developed the patented Automated Needle Targeting system (ANT) that can facilitate safe and accurate needle punctures to organs such as the lungs, kidney, pancreas, and spine. Integrating AI and robotics, we empower surgeons to conduct pioneer image-guided robotic procedures with improved accuracy, precision, and safety for patients.
Our first interventional robot (ANT-X) integrates C-arm fluoroscopy and AI software to assist clinicians in percutaneous needle placements and can be used in a wide range of procedures such as urology, neurology, and orthopedics. ANT-C is a smart lesion targeting system that AI uses CT-can images to automate lesion detection, needle path planning and needle targeting with unparalleled precision and accuracy. Applications include usages in pulmonology and hepatology. As a cut above the rest, our robots cost less than half of the current technology out in the market and can function without the need for external sensors.

With a renewed vision to lead AI-empowered interventional robotics, we strive to create revolutionary breakthroughs in the industry and transform the healthcare landscape.

References:
1https://www.orlandohealth.com/content-hub/why-southerners-have-a-higher-risk-of-kidney-stones
2https://www.sciencedirect.com/science/article/pii/S1743919116310378
3https://www.urologytimes.com/view/mini-pcnl-has-higher-stone-free-rate-than-ureteroscopy-and-similar-cost-burden
4Chung KJ, Kim JH, Min GE, Park HK, Li S, Del Giudice F, Han DH, Chung BI. Changing Trends in the Treatment of Nephrolithiasis in the Real World. J Endourol. 2019 Mar;33(3):248-253. doi: 10.1089/end.2018.0667. Epub 2019 Feb 13. PMID: 30628473.
5https://reports.mountsinai.org/article/uro2022-11-ultra-mini-pcnl-a-new-approach-to-treating-kidney-stones
6https://community.auanet.org/policyandadvocacyblog/blogs/policy-brie f/2016/11/16/coding-corner-percutaneous-nephrostolithotomy-and-nephrostomy-tract#:~:text=Answer%3A%C2%A0%20CPT%20code%2050080%20Percutaneous%20nephrostolithotomy%20or
%20pyelostolithotomy%2C,are%20the%20base
%20codes%20for%20percutaneous%20stone%20extraction.
7https://www.businesstimes.com.sg/startups-tech/startups/singapore-based-startups-bag-four-wins-us-investment-platform

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The Pros and Cons of Autonomous Vehicles: A Comprehensive Overview

VujaDE on July 17, 2023

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Autonomous vehicles, also known as self-driving cars, have been a topic of great interest and debate in recent years. With rapid advancements in technology, the possibility of having vehicles that can navigate on their own without human intervention is becoming more feasible. While the idea of self-driving cars may seem futuristic and exciting, it is important to consider both the pros and cons associated with this emerging technology. This article aims to provide a comprehensive overview of the advantages and disadvantages of autonomous vehicles.

Let’s start with the pros. One of the biggest advantages of autonomous vehicles is increased safety. As self-driving cars rely on advanced sensors, cameras, and artificial intelligence algorithms, they have the potential to minimize human errors that lead to accidents. According to the National Highway Traffic Safety Administration, human error is the cause of 94% of car accidents. With autonomous vehicles, the elimination of distractions, fatigue, and impaired driving could significantly reduce the number of accidents, injuries, and fatalities on the road.

Another major advantage of self-driving cars is enhanced mobility and accessibility. For individuals with disabilities, the elderly, or those who are unable to drive, autonomous vehicles could provide a newfound freedom and independence. These vehicles have the potential to transport people who cannot drive, opening up possibilities for employment, social activities, and healthcare access.

In addition to safety and accessibility, autonomous vehicles can greatly contribute to improved traffic flow and reduced congestion. Through the use of sensors and interconnectedness, self-driving cars can communicate with each other and make real-time decisions to optimize routes and maintain smoother traffic patterns. This efficiency could lead to reduced travel times, fuel consumption, and emissions, ultimately benefiting the environment.

However, with these advantages come significant drawbacks. One of the primary concerns surrounding autonomous vehicles is the issue of cybersecurity. With advanced technologies controlling essential functions of the vehicle, the risk of hacking and cyber-attacks poses a serious threat. Malicious individuals or groups could potentially gain control over autonomous vehicles, leading to potential accidents or even terrorist activities. As the technology evolves, ensuring robust cybersecurity measures becomes paramount.

Another significant challenge is the need for extensive infrastructure updates to support autonomous vehicles. To fully realize the benefits of self-driving cars, roadways, traffic signals, and infrastructure must be equipped with smart systems and connectivity. Governments and municipalities would need to invest heavily in developing and maintaining this infrastructure, which could be a slow and costly process.

Additionally, there are ethical considerations surrounding autonomous vehicles. One such concern is the dilemma of making split-second decisions in potentially life-threatening scenarios. For example, if a self-driving car is faced with an unavoidable accident, should it prioritize the safety of its passengers or pedestrians? Determining the ethical framework and decision-making algorithms for such situations can be complex and subjective, presenting moral challenges that require careful consideration.

Furthermore, some individuals may express privacy concerns related to the data collection and storage practices of autonomous vehicles. With the multitude of sensors and cameras constantly monitoring the environment, there is potential for the invasion of privacy. Safeguards and transparent policies would need to be implemented to address these concerns and ensure the responsible handling of personal data.

In conclusion, autonomous vehicles hold significant potential for enhancing safety, mobility, and traffic efficiency. The reduction of human errors and the increased accessibility they offer are undoubtedly beneficial aspects. However, challenges such as cybersecurity, infrastructure requirements, ethical decision-making, and data privacy must be carefully addressed to fully capitalize on the benefits of this emerging technology. As the development and deployment of self-driving cars continue to progress, it is crucial to strike a balance between embracing the advantages and mitigating the drawbacks to ensure a safer and more efficient transportation future.
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Drop, the mechanical keyboard maker, is being acquired by Corsair

VujaDE on July 17, 2023

The trend of companies acquiring mechanical keyboard companies continues, with Corsair making its own acquisition. Based in Fremont, California, the peripheral maker has announced the purchase of “certain assets” from Drop, a mechanical keyboard company based in Portland, Oregon. The specific details of the all-cash deal have not been disclosed.

Drop CEO Jef Holove confirmed the acquisition in a blog post, expressing confidence in the move and its benefits for Drop’s community of discerning enthusiasts. Drop is known for its diverse product portfolio, which includes keyboards, keycaps, and audio accessories. Its mechanical keyboards are particularly highly regarded, and the company is also recognized for its collaborations featuring popular intellectual properties like Lord of the Rings and Marvel.

Corsair CEO Andy Paul highlighted the growing trend of personalized keyboards in the gaming peripheral space and praised Drop as a leader in this field. He expressed optimism in the global expansion of the Drop brand through Corsair’s extensive reach. Additionally, Corsair’s acquisition of Elgato’s gaming division in 2018 has allowed for the continued release of products under that branding. Corsair will operate Drop as its own brand and plans to offer specialized Corsair and Elgato products to Drop’s enthusiast community.

Holove emphasized the benefits of being a part of Corsair, including the ability to deliver more products, collaborate with community favorites, and improve supply chain reliability. With the global logistics capability provided by Corsair, Drop aims to better serve international customers seeking an easier and more affordable way to access their coveted products.

Tesla Reveals Initial Cybertruck Production Ahead of Q2 Financial Report

VujaDE on July 17, 2023

Tesla announced that its highly anticipated Cybertruck has rolled off the production line in Texas. This comes just before Tesla’s earnings call for the second quarter of 2023.

The Cybertruck was initially introduced by Tesla CEO Elon Musk in 2019, but production has faced repeated delays due to component sourcing shortages. The truck was originally scheduled to be produced and delivered in 2021.

In July 2022, Musk set a new production schedule for summer 2023 and promised a delivery event for the Cybertruck at the end of Q3 during Tesla’s first quarter earnings call. Musk also stated that once production begins, Tesla could deliver between 250,000 to 500,000 units per year, with mass production scheduled for the end of this year.

Analysts are eagerly awaiting Tesla’s Q2 earnings call for more information on production, delivery, and specifications.

While Tesla has attributed Cybertruck delays to supply chain issues, leaked documents have revealed fundamental flaws in the vehicle’s design and engineering. In January 2022, leaked files showed serious issues with braking, powertrain, suspension, sealing, and structure of preproduction prototypes. This raised concerns and reminded people of the first Cybertruck reveal event when the supposedly unbreakable armor glass windows cracked.

As of November 2022, the Cybertruck had over 1.5 million reservations. Customers have been able to pre-order with a $100 refundable deposit since 2019.

The original estimated starting price for the Cybertruck was $39,900 for the single motor and rear-wheel drive model. However, the price is now expected to start at around $50,000 for that model, with the dual-motor, all-wheel drive version starting at around $60,000 and the priciest version starting at around $70,000.

Tesla’s entry into the pickup truck market will pit it against competitors like Ford’s F-150 Lightning, Chevrolet Silverado EV, and Rivian R1T. The Cybertruck will need to compete with these electric pickups in the profitable EV segment in the US.