Optiscan Imaging Lodges Submission Seeking US FDA Approval for Digital Pathology Device; Shares Rise 4%

MT Newswires Live
Yesterday

Optiscan Imaging (ASX:OIL) lodged a 510(k) submission with the US Food and Drug Administration (FDA) for its InForm medical imaging device designed for pathology workflows, according to a Thursday filing with the Australian bourse.

The submission moves the device beyond its internal development, testing, and validation phase into a formal regulatory assessment process, with clearance being a precursor to its commercial marketing within the US.

The company said the US represents a "substantial commercial opportunity" for InForm given that its pathology market is still largely analogue and is only now starting to shift toward digital workflows.

Optiscan Imaging shares rose 4% in recent Thursday trade.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10