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Tempus AI's Strategic Push to Expand Beyond Oncology
ZACKS· 2025-12-11 13:11
Key Takeaways Tempus AI is expanding its algorithms beyond oncology into pathology, radiology, cardiology and neuropsych.TEM secured two FDA 510(k) clearances for its cardiac imaging update and ECG-Low EF software. Tempus AI strengthened its platform by acquiring Arterys in 2022 and Paige's digital pathology dataset. Tempus AI (TEM) is developing and deploying a suite of advanced algorithms and diagnostic software that run on its multimodal data. These algorithms span beyond oncology, including digital path ...
Nanox Engages with Althea France to Accelerate European Commercialization of Nanox.ARC System
Globenewswire· 2025-11-25 13:10
Core Insights - Nanox Imaging Ltd has entered into a distribution agreement with Althea France to introduce its CE-marked Nanox.ARC system in the French healthcare sector, marking its fourth distribution agreement in Europe [1][2][3] Company Overview - Nanox is focused on advancing medical imaging technology, aiming to drive the transition to preventive healthcare through affordable solutions that leverage AI and proprietary digital X-ray sources [4][5] Partnership Details - Althea France will manage the market introduction, sales, and service of the Nanox.ARC, which is a multi-source digital tomosynthesis system designed to enhance diagnostic capabilities at a lower cost compared to traditional systems [2][3] - The partnership is expected to leverage Althea's established relationships with hospitals and clinics across France, facilitating the introduction of Nanox's imaging platform [3] Market Strategy - France is identified as a strategic market for Nanox, with the partnership expected to expand access to high-quality, affordable imaging services for patients [3] - The collaboration follows previous agreements in Greece, Romania, and the Czech Republic, indicating a growing presence in the European market [1][2]
Nanox.AI Bone Solutions, Advanced AI-Powered Software for Spine Assessment, Recommended by NICE for Early Value Assessment in UK National Health Service hospitals
Globenewswire· 2025-11-24 13:10
Core Insights - Nanox's AI solutions, HealthOST and HealthVCF, have been recommended for use in UK NHS hospitals for three years as part of an evaluation of AI in bone disease detection [1][2][3] - The National Institute for Health and Care Excellence (NICE) has included these solutions in an Early Value Assessment to gather evidence on their effectiveness in detecting vertebral fragility fractures [2][3] - The AI technologies aim to enhance the detection of vertebral fragility fractures through opportunistic detection in X-ray images and CT scans [3] Company Overview - Nanox.AI is a subsidiary of Nanox focused on deep-learning medical imaging analytics, targeting chronic and acute diseases [6] - The company aims to drive the transition to preventive healthcare by providing affordable medical imaging technologies [7] - Nanox's ecosystem includes various components such as Nanox.ARC, Nanox.AI, Nanox.CLOUD, and Nanox.MARKETPLACE, all designed to improve early detection and treatment [8] Product Details - HealthOST and HealthVCF utilize existing CT scans to support early detection of bone diseases without additional imaging or radiation exposure [4] - These solutions are integrated with existing PACS workflows, allowing real-time identification of clinically significant findings [5] - The tools are expected to improve patient outcomes by enabling timely preventive interventions for conditions like osteoporosis [5]
Nanox Announces $15 Million Registered Direct Offering of Common Stock
Globenewswire· 2025-11-24 04:26
Core Viewpoint - Nanox Imaging Ltd has announced a registered direct offering of 3,826,530 ordinary shares, expected to generate approximately $15 million in gross proceeds, aimed at strengthening its balance sheet and supporting growth initiatives [1][3]. Group 1: Offering Details - The offering involves the sale of 3,826,530 ordinary shares to a single institutional investor, with gross proceeds anticipated to be around $15 million before expenses [1]. - The closing of the offering is expected on or about November 25, 2025, pending customary closing conditions [1]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for working capital and general corporate purposes [2]. Group 3: Company Growth Strategy - The CEO of Nanox stated that the capital raise will enhance the company's balance sheet and accelerate key growth initiatives, including technology advancement, market expansion, and AI infrastructure enhancement [3]. - The company aims to make high-quality medical imaging more accessible globally as it scales deployments and expands capabilities [3]. Group 4: Company Overview - Nanox is focused on transitioning to preventive healthcare through affordable medical imaging technologies, leveraging advanced AI and proprietary digital X-ray sources [6]. - The company's ecosystem includes various components such as Nanox.ARC, Nanox.AI, Nanox.CLOUD, and Nanox.MARKETPLACE, all aimed at improving early detection and treatment in healthcare [7].
Nanox Announces Third Quarter of 2025 Financial Results and Provides Business Update
Globenewswire· 2025-11-20 13:00
Core Insights - Nanox Imaging Ltd. reported a net loss of $13.7 million for Q3 2025, slightly higher than the $13.6 million loss in Q3 2024, indicating a marginal increase in losses year-over-year [4] - The company achieved revenue of $3.4 million in Q3 2025, up from $3.0 million in the same period last year, driven by teleradiology services and sales of imaging systems and AI solutions [5] - Nanox is focused on advancing its technologies, expanding its market presence, and enhancing operational efficiency, with significant progress made in these areas during the quarter [3] Financial Performance - The gross loss for Q3 2025 was $2.9 million, with a gross loss margin of 84%, compared to a gross loss of $2.8 million and a margin of 93% in Q3 2024 [6] - Revenue from teleradiology services increased to $3.1 million in Q3 2025 from $2.6 million in Q3 2024, with gross profit from these services rising to $0.8 million, reflecting a gross profit margin of approximately 25% [7] - Revenue from AI solutions decreased to $142 thousand in Q3 2025 from $434 thousand in Q3 2024, with a gross loss of $1.9 million [10] Operational Highlights - The company acquired Vaso Healthcare IT to enhance its AI solutions business and entered multiple global collaborations to accelerate the commercialization of Nanox.ARC and AI solutions [3][8] - Clinical trials have expanded to include Cedars-Sinai in Los Angeles and Olympe Imagerie in Paris, supporting the use of Nanox solutions [8] - Nanox has made strides in the European market, establishing distribution partnerships with EXRAY and Althea France SARL [8] Guidance and Future Outlook - The company anticipates deploying over 100 clinical, demo, and commercial units worldwide by the end of 2025, assuming stable macroeconomic conditions [17] - For the year 2026, Nanox expects revenues to reach $35 million, indicating a positive growth trajectory [19] Liquidity and Capital Resources - As of September 30, 2025, Nanox had total cash and marketable securities of $55.5 million, down from $83.2 million at the end of 2024, with negative cash flow from operations of $30.4 million during the reported period [20] - The company had approximately 65.4 million shares outstanding as of September 30, 2025, an increase from 63.8 million shares at the end of 2024 [22]
Nanox Reaches Agreement with Vaso Corporation to Acquire VasoHealthcare IT, Accelerating U.S. Rollout of AI Solutions
Globenewswire· 2025-11-19 13:30
PETACH TIKVA, Israel, Nov. 19, 2025 (GLOBE NEWSWIRE) -- NANO-X IMAGING LTD (“Nanox” or the “Company”, Nasdaq: NNOX), an innovative medical imaging technology company, today announced that the parties have agreed on the terms and conditions pursuant to which Nanox will acquire VasoHealthcare IT Inc. (“VHC IT”) from Vaso Corporation (“Vaso”) (OTCQX: VASO), subject to certain conditions. This transaction is intended to accelerate deployment of Nanox’s AI solutions across U.S. healthcare facilities and is expec ...
Nanox Partners with French Radiology Group Olympe Imagerie to Advance Clinical Validation in Europe
Globenewswire· 2025-11-14 13:00
Olympe Imagerie to deploy Nanox.ARC at Paris-area Hospital Privé Jacques Cartier MASSY for lung cancer screening applications PETACH TIKVA, Israel, Nov. 14, 2025 (GLOBE NEWSWIRE) -- NANO-X IMAGING LTD (“Nanox” or the “Company”, Nasdaq: NNOX), an innovative medical imaging technology company, today announced a collaboration with Olympe Imagerie, a Paris-based group of independent radiologists, to deploy the Nanox.ARC and expand its clinical research evidence generation program in France. The Nanox.ARC system ...
Nanox to Launch FDA-Cleared Nanox.ARC X and Present development of new AI innovations at RSNA 2025 Annual Meeting
Globenewswire· 2025-11-13 13:15
Core Insights - Nanox Imaging Ltd will showcase its Nanox.ARC X multi-source digital tomosynthesis system and AI solutions at the RSNA 2025 Annual Meeting from November 30 to December 4, 2025 [1][2] Product Overview - The Nanox.ARC X system, which received FDA 510(k) clearance in April 2025, enables advanced 3D imaging at lower costs and radiation doses compared to CT scans, applicable for various medical indications [2][4] - Live demonstrations of the Nanox.ARC X will occur every 30 minutes at RSNA booth 3914, along with clinical data presentations supporting digital tomosynthesis [3][6] AI Innovations - Nanox is developing a pulmonary nodule AI solution as part of the Nanox.ARC X, along with two standalone AI innovations for measuring aortic valve calcification and body composition [3][4] - The company aims to leverage AI to enhance routine medical imaging efficiency and improve early detection of chronic conditions [9] Event Details - Presentations at RSNA include a focus on AI and digital tomosynthesis in pulmonary nodule detection and applications in the musculoskeletal system [5][6] - A cocktail event discussing the future of radiology and AI will be hosted by Dr. Lawrence Tanenbaum on December 1, 2025 [6][7] Company Vision - Nanox's vision is to expand its technology's reach beyond hospital settings, providing a comprehensive solution from scan to diagnosis, enhancing health outcomes through early detection and treatment [9]
Nanox to Report Third Quarter 2025 Financial Results on November 20, 2025
Globenewswire· 2025-11-07 21:05
Core Insights - Nanox Imaging Ltd will report its financial results for Q3 2025 on November 20, 2025, before market open [1] - The conference call to discuss these results will be hosted by CEO Erez Meltzer and CFO Ran Daniel at 8:30 a.m. ET [1] Company Overview - Nanox is focused on transitioning to preventive healthcare through affordable medical imaging technologies utilizing advanced AI and proprietary digital X-ray sources [3] - The company's vision includes expanding its technology's reach beyond hospitals, providing a comprehensive solution from scan to diagnosis, and leveraging AI for improved diagnostic accuracy [4] Product Ecosystem - Nanox.ARC is a multi-source digital tomosynthesis system designed to be cost-effective and user-friendly [4] - Nanox.AI LTD offers an AI-based suite of algorithms that enhance routine CT imaging readings to detect early signs of chronic diseases [4] - Nanox.CLOUD is a cloud-based platform for managing data from Nanox devices, providing tools for in-depth imaging analysis [4] - Nanox.MARKETPLACE is a decentralized marketplace that offers remote access to radiology and cardiology experts, along with a teleradiology services platform [4]
Nanox Collaborates with Leading Czech Medical Imaging Distributor EXRAY to Expand European Footprint
Globenewswire· 2025-11-06 13:00
Core Insights - Nanox Imaging Ltd has entered into a distribution agreement with EXRAY, a leading Czech radiography supplier, to introduce its advanced imaging solutions in the Czech Republic [1][4] - The Nanox.ARC, a multi-source digital tomosynthesis system, is designed to provide enhanced diagnostic capabilities at a lower cost compared to traditional systems and has received CE Mark certification for commercialization in the EU [2][4] - EXRAY holds over 50% market penetration in the Czech Republic, with installations in more than half of the country's 200 healthcare facilities, making it a strategic partner for Nanox [3][4] Company Overview - Nanox focuses on transitioning to preventive healthcare through affordable medical imaging technologies, leveraging advanced AI and proprietary digital X-ray sources [5] - The Nanox ecosystem includes various components such as Nanox.ARC, Nanox.AI LTD, Nanox.CLOUD, and Nanox.MARKETPLACE, aimed at improving early detection and treatment of diseases [6] Strategic Importance - The partnership with EXRAY is seen as a significant milestone in Nanox's European expansion, utilizing EXRAY's established relationships with healthcare providers to enhance access to imaging services [4] - EXRAY's CEO emphasized the potential for improved diagnostic capabilities and patient outcomes through this collaboration [4]