Cincinnati, Ohio and Guangzhou, China: July 30, 2018. CUBD announced today that Xact Medical, an early stage medical technology company spawned from Cincinnati Children’s Hospital Medical Center and Ben Gurion University in Israel to commercialize the FIND system—Fast Intelligent Needle Delivery will work together to identify opportunities in the China Market. FIND extends and enhances clinician capabilities and control for precisely, quickly, and conveniently placing a needle tip at a point in the body that significantly improves odds of successful vascular access on the first try. CUBD will work with the Xact team to license their technology and expand their distribution in China. Xact CEO Andrew Cothrel will also present at the China Medical Innovation Forum in Suzhou China September 6-9, 2018.
About Xact FIND system (Fast Intelligent Needle Delivery)
Leading the way in point of care robotics, Xact's FIND system is a breakthrough in practical, affordable medical robotics - we automate ultrasound-guided object placement in the body. The FIND technology platform will build off of its initial pediatric central vascular access solution to expand into adult vascular access, regional anesthesiology, biopsy, aspirations, and injections.