On November 19, 2020 NeoDynamics AB (publ, (Spotlight Stock Market: NEOD), a MedTech company dedicated to advancing diagnosis and care of breast cancer, reported that the Company has received the first UK order from the Buckinghamshire Healthcare NHS Trust, London, of its pulse biopsy system, NeoNavia (Press release, NeoDynamics, NOV 19, 2020, View Source [SID1234571453]).

Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:

Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing

                  Schedule Your 30 min Free Demo!

Product demonstrations at several centres have gained significant interest, and the company has now received the first commercial order of its pulse biopsy system including three needle options for all ultrasound led biopsy procedures. The UK team of NeoDynamics has managed to introduce physicians at key centres to the new pulse biopsy system, despite the difficulties to accessing hospitals and key staff following the pandemic.

"The first order of NeoNavia from a London based Hospital Trust is an important milestone for NeoDynamics, and we will be working closely with the centre to ensure a timely delivery and successful use. The consolidated feedback from the physicians who have participated in hands-on workshops, is very positive. Our long-term goal by introducing the pioneering pulse biopsy technology for ultrasound guided biopsy in breast and axilla is to advance the way biopsies are taken and ultimately improve patient outcomes. Over time, we believe that the versatile pulse biopsy system could transform standard practice", says Ian Galloway, Country Manager UK & Ireland, Neodynamics,

The information in this press release is information that NeoDynamics is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person above on November 19, 2020 at 08.44 (CET).

Breast cancer in UK

Breast cancer is the most common cancer among women in the UK. With around 55,000 cases, it represented 15% of all new cancer cases in 2017. It is critical that new biopsy technologies can offer a controlled way for lesion targeting as well as accurate and reliable diagnosis through high quality tissue samples.