- The grant from the Medical Technology Enterprise Consortium (MTEC) will support the continued development of its fully portable handheld DeepView device
- It aims to allow battlefield burns to be triaged allowing those burns victims with more severe injuries to be prioritised for evacuation
Spectral MD said ‘The technology aligns with MTEC’s mission of advancing technologies to protect and enhance the health and performance of US military personnel.’
Chief executive Wensheng Fan added: “We are honoured to receive this award to support the military with the continued development of our DeepView technology, taking overall non-dilutive government funding commitments received to nearly US$130mln.
“We look forward to partnering with MTEC to advance our AI-driven diagnostic technology as we work toward FDA submission for the burn indication. Ultimately, we anticipate that our DeepView SnapShot M will transform wound care in many limited-access areas.”
The grant is milestone-driven and should allow Spectral MD to progress development of the portable DeepView device from the current functional handheld prototype to approaching FDA filing using the same algorithms developed with the larger hospital-based system (the larger system is funded by BARDA).