Updated on 16 April 2014
Endofotonics' other two Co-founders are Associate Professor Huang Zhiwei, from
the Department of Biomedical Engineering, NUS Faculty of Engineering; and
Professor Lawrence Ho, from the Department of Medicine, NUS Yong Loo Lin
School of Medicine and National University Hospital. They collaborated to pioneer
the IMDX technology, built the IMDX system and used it in more than 500
cancer patients across a diverse range of cancer types. Preliminary data showed
a diagnostic accuracy of more than 90 percent in gastric dysplasia, gastric cancer and oesophageal cancer.
Having built the lab prototype and obtained positive proof of effectiveness, the
next milestone is to translate the lab prototype into a commercial prototype that
can be manufactured in accordance to regulatory requirements.
"We are proud to have the support of Prof Lui Pao Chuen as Chairman of our
Board and Associate Prof Louis Phee, Mr Jen Kwong Hwa and Mr Lu Yoh Chie as
advisors to guide the company forward. We are also heartened by the early
market interest from clinicians across the world expressing intent to buy the
system, we hope to be able to fulfil market demand for the IMDX system by
2018," added Ms Florence Leong.
To date, the team has raised nearly S$700,000 in the founding round. Endofotonics is currently applying for government grants to support the production of the IMDX system.
"NUS Enterprise is delighted that Endofotonics is commercialising this NUS technology - the world's first and only endoscopic device that can provide invivo, real-time, objective cancer diagnosis. This IMDXsystem has the potential
to make tremendous impact on the way cancer is managed," said Dr Lily Chan, CEO NUS Enterprise.