Pacific Edge Wins MTANZ Innovation Award for Cxbladder Technology
Pacific Edge has won the Medical Technology Association of New Zealand (MTANZ) Innovation Award for its Cxbladder technology. The award was presented in Auckland at the New Zealand Healthcare Congress Dinner held on 21 June 2016.
The award recognises the innovative and extraordinary contribution of medical technology in improving health outcomes of New Zealand patients. The winning product must demonstrate the following criteria: evidence of significant contribution to improving patient outcomes by enhancing quality of life, evidence of technical excellence, and evidence of innovation.
The MTANZ award judging panel said Cxbladder was “excellent disruptive technology that was personalised to the patient… and will contribute to the precision medicine wave coming at us.”
Cxbladder technology is a suite of tests (Cxbladder Triage, Cxbladder Detect, and Cxbladder Monitor) that use a proprietary system of accurate molecular testing of gene markers from a small volume of the patient’s urine along with clinical characteristics of the patient to detect bladder and other urinary tract cancers without the need for invasive procedures. The system enables patients and doctors to quickly understand if they are dealing with a case of cancer or not so that unnecessary procedures and anxiety are avoided.
The system is innovative in its combination of a robust diagnostic platform coupled with smart, predictive algorithms which provide accurate information and high sensitivity. Pacific Edge is developing export markets and already has a presence in the United States, Australia and Europe.
“Our organisation believes these awards, which are open to both imported and locally developed medical technology, highlight the tremendous innovation in the NZ health technology market. Such innovation delivers better outcomes for patients, better value for our health system and opportunities for export income for NZ,” explains MTANZ chief executive Faye Sumner.
Read the full MTANZ media release here.
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