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Strategic alliance between Quibim and Feedback Plc to improve prostate biopsy

From the Spanish medical website Tu hospital investiga para ti

The Spin-Off of the IIS La Fe, Quibim has established a strategic alliance with UK company Feedback Plc to develop Prostate Checker, a tool that will improve the diagnosis of prostate cancer.

Feedback Plc acquired last year TexRAD company dedicated to the analysis of tumor from medical images textures, and began negotiating with Quibim in June this year in order to integrate the analysis modules of cell broadcasting and angiogenesis tumor that develops the Valencian company.

The information provided by Quibim be integrated with the texture analysis of Feedback in a single tool, under the name of Prostate Checker. These imaging biomarkers can be obtained from the advanced processing of MRI and is now considered the revolution He is undergoing radiology to become an indispensable tool in the framework of Medicine Precision “.

Quibim is an innovative company, founded in 2012, especially dedicated to medical image processing and extraction of imaging biomarkers in the radiological workflow.

More information Prostatechecker

More information Quibim

Malcolm Stacey of ShareProphets – Feedback and the Big Spanish Connection

ShareProphetsHello Share Thrashers. It’s not my custom to return to promising shares I’ve brought to your attention in the recent past. I normally wait at least six months or so – with only a few exceptions.
But the story is growing fast for one bio science company that I’ve featured quite recently – Feedback (FDBK).
I’ve had one or two scares with the old prostate gland. My father died of prostate cancer and it makes my very nice consultant a bit wary.
So I was interested to learn the very latest RNS from Feedback. The company has formed a 50-50 alliance  with a big Valencia company which is also in the field of diagnosis of serious illnesses. The name of this new set-up is Prostate Checker.
Now I happen to know, having an prostate family history, that cancer of this prostate can be serious or non-serious. This new link up between Feedback technology and the Spanish company should make spotting that difference easier.
I probably don’t need tell you how common prostate cancer is. A couple of years ago, Uncle Tom grew a funny moustache to emphasise the point.
So this technology will probably interest many consultants and hospitals around the globe.
A study of 100 prostate cancer patients by the University College of London has already demonstrated the ability of Feedback technology to differentiate between significant and not-so significant cancers.
The shares are still not at their year’s high of  3.20p, but a few tidy jumps over the last two weeks means we could be getting there.
It doesn’t look to this old punter that the market has woken up to the fact that the technology, known as TexRad, is so useful.
Obviously, if surgeons can identify the stage of cancers more easily, the treatment will be more specific and thus more effective. This is an important medical advance, and worthy I think of my punting money.
As always, though, gang, we must bear in mind that medical pioneers can be vulnerable to competitors and regulations. So not for the more cautious share-shifter.
And now it’s back to the Punter’s Return.
Malcolm Stacey has been writing about shares for more than 20 years. His first book “The Armchair Tycoon” was first published in 1998 but a revised 2014 e-version is now available. To obtain a FREE copy fill in the form HERE

– See more at: http://www.shareprophets.com/views/15537/feedback-and-the-big-spanish-connection#sthash.d1mviXV7.dpuf

Feedback PLC forms JV with Quibim SL to develop Prostate Checker TexRAD application

FBKlogoFeedback plc is pleased to announce the incorporation of a 50:50 joint venture company, Prostate Checker Ltd, with QUIBIM S.L., to develop a specific application of TexRAD texture analysis in combination with multiple extracted parameters from MR images for the computer assisted detection and diagnosis of prostate cancer. To facilitate this, Feedback Plc has granted a licence of certain TexRAD intellectual property to PC.

QUIBIM, which is based in Valencia, Spain, derives its name from Quantitative Imaging Biomarkers In Medicine. It has collaborative relationships with Spanish hospitals and is especially dedicated to medical image processing and the extraction of imaging biomarkers for medical imaging workflows. Prostate Checker will combine texture analysis with other image analysis parameters from QUIBIM such as diffusion and perfusion to develop an integrated product which would potentially assist clinicians in diagnosing and assessing treatment options for prostate cancer. The potential implications for patient care are very significant, with the additional information to be derived from PC’s analysis of routinely acquired MR images allowing for better risk stratification of patients and more personalised treatment. A presentation is available onhttp://prostatechecker.co.uk .

A preliminary study undertaken at the University College London of around 100 prostate cancer patients demonstrated the potential for TexRAD analysis of MR images to differentiate between significant and less significant cancers. This was presented at the International Society of Magnetic Resonance in Medicine (ISMRM) in Milan in 2014.

Prof. Dr. Luis Martí-Bonmatí, a leading European radiologist and authority on the use of MRI in diagnosing abdominal and pelvic cancers, commented:  “TexRAD MR texture analysis in combination with QUIBIM diffusion & perfusion modelling may be a useful tool for risk stratification to identify patients with significant cancers from less significant prostate cancers and more accurately triaging those prostate cancer patients for appropriate management (treatment or active surveillance)” 

Dr. Balaji Ganeshan, Chief Scientist & New Business Officer of the Company’s subsidiaries TexRAD Ltd & Cambridge Computed Imaging Ltd commented: “We are delighted to be setting up a joint venture company Prostate Checker Ltd, with QUIBIM to develop a composite imaging risk stratification multi-parametric (textures, perfusion, diffusion etc) MR software product dedicated to the management of prostate cancer patients.”

Dr. Angel Alberich-Bayarri, Chief Executive Officer of QUIBIM commented: “We are very pleased in starting this new strategic alliance with Feedback, where our high performance teams will merge under the umbrella of the new JV company, Prostate Checker Ltd. I am sure that we can develop the most advanced MR imaging solutions for prostate cancer diagnosis in the market which wouldn’t be possible with independent strategies”.

For further information contact:

Feedback plc

Tel: 01954 718072

Simon Barrell / Trevor Brown / Tom Charlton

QUIBIM SL

Tel: +34 6867 84484

Angel Alberich-Bayarri

Sanlam Securities UK (Nominated Adviser and Joint Broker)

Tel: 020 7628 2200

Simon Clements / Virginia Bull

Peterhouse Corporate Finance Ltd (Joint Broker)

Tel: 020 7469 0936

Lucy Williams / Duncan Vasey

 

Notes to editors:

TexRAD is a novel sophisticated imaging risk stratification research tool that analyses the textures in existing radiological scans. This research software application analyses textures, detecting and measuring tumour heterogeneity (complexity) from these images, revealing more information from medical images than is readily visible to the naked eye. Research to date has shown that TexRAD could potentially assist the clinician (as an ‘Imaging Biomarker’) in confident decision-making: it has the potential to assess the prognosis, disease-severity (e.g. risk of metastases) and response evaluation of patients with cancer. Currently TexRAD research has shown great potential in many different oncological sites, including, colorectal, breast, lung, prostate, oesophageal, head & neck, lymphoma, liver and renal cancers and could potentially be employed as a heterogeneity assessing tool in the era of ‘Precision and Personalized Medicine’. TexRAD is manufactured under licence by company Cambridge Computed Imaging Ltd, a subsidiary of Feedback plc. More information is available on www.fbk.com and www.texrad.com.

QUIBIM is a company specialized in the analysis of imaging biomarkers from medical images. The company receives the images from the customer, performs the image analysis and provides back an intuitive report with the relevant results for the diagnosis, prognosis and staging of lesions. Therefore the qualitative approach of radiology is complemented by QUIBIM’s quantitative service. The company is currently developing a new platform (QUIBIM-Precision®) under the philosophy of SaaS (software as a service) that will allow the analysis of a spectrum of imaging biomarkers that can be extracted from medical images (magnetic resonance, computed tomography, positron emission tomography, X-ray) in different organs and pathologies (‘from head to toe’ approach). The main solutions of the company beyond the prostate are their advanced analysis of trabecular bone from MR or CT for the microarchitecture characterization in osteoporosis and oncology; the liver fat fraction and iron concentrations quantification; the lung emphysema quantification in COPD (Patented) and neuroimaging techniques (volumetry, morphometry, tractography, lesions detection, iron concentration) for brain diseases diagnosis. More information is available at www.quibim.com.

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