Imaging Biometrics Ltd (LSE:IBAI, OTCQB:IQAIF), a specialist in imaging-based therapies for brain cancers, said it will revise its application for Breakthrough Therapy Designation in the US, following discussions with the Food and Drug Administration. The company is developing oral gallium maltolate, a treatment aimed at aggressive brain tumours that have not responded to standard therapies.
IQ-AI Ltd (LSE:IQAI, OTCQB:IQAIF) told investors that its wholly owned subsidiary, Imaging Biometrics, has submitted an application to the US Food and Drug Administration (FDA) for Breakthrough Therapy Designation. The application is for its oral gallium maltolate therapy, for treating adult patients with a certain kind of brain tumour (recurrent or refractory glioblastoma IDH-wildtype).
IQ-AI Ltd (LSE:IQAI, OTCQB:IQAIF) said it is making significant strides in using artificial intelligence (AI) to improve the diagnosis and treatment of brain tumours. Its subsidiary, Imaging Biometrics (IB), is at the forefront of developing AI-powered imaging solutions, with several updates set for 2025.
Medical - Healthcare Information Services Industry | Healthcare Sector | Mr. Trevor Edward Brown M.B.A. CEO | OTC PINK Exchange | JE00BD4H0R42 ISIN |
JE Country | 7 Employees | - Last Dividend | - Last Split | - IPO Date |
IQ-AI Limited is a company operating primarily in the healthcare sector, with subsidiaries developing advanced software applications. Headquartered in Saint Helier, Jersey, the company extends its services to the United Kingdom and the United States. Originating as Flying Brands Limited, it underwent a strategic rebranding to IQ-AI Limited in October 2018, reflecting its focus on intelligent solutions within the artificial intelligence domain for medical applications. Their offerings span a range of diagnostic and analytical tools, designed to integrate seamlessly with existing medical imaging systems and to support healthcare professionals by enhancing decision-making processes and patient care.
In addition to its product lineup, IQ-AI Limited also offers consulting services, leveraging its extensive expertise in medical imaging software to assist other organizations in navigating the complex landscape of healthcare technology.