Software turning regular heart ultrasound machines into diagnostic tools

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CEO.CA's Inside the Boardroom: Cardiac MRI Alternative Gets FDA Nod - Ventripoint CEO on U.S. and China Sales Plans
Newsfileยท 2025-08-13 12:30
Company Overview - Ventripoint Diagnostics Ltd. has developed software that transforms standard heart ultrasound machines into diagnostic tools that compete with expensive MRI scanners, significantly reducing costs and appointment complexities [4]. Business Model Shift - Following FDA approval, Ventripoint is transitioning from a traditional equipment sales model to a subscription-based service, facilitating easier adoption of their technology by healthcare providers [4]. Cost Comparison - Heart scans using Ventripoint's technology are priced at 5.5 times less than traditional MRI scans in the U.S., and the equipment costs are under 10% of conventional MRI systems [4]. Revenue Expectations - The company anticipates generating real revenue before the end of the year as it moves from product development to actual sales [4].