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Latest World News Update > Blog > Business > RNT Health Insights Private Limited Receives FDA Breakthrough Device Designation for Early Gastric Cancer Detection Tool – World News Network
Business

RNT Health Insights Private Limited Receives FDA Breakthrough Device Designation for Early Gastric Cancer Detection Tool – World News Network

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Last updated: May 31, 2024 12:00 am
worldnewsnetwork 1 year ago
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BusinessWire India
Chandigarh [India], May 31: RNT Health Insights Private Limited, a clinical stage medical diagnostics company, is pleased to announce that the U.S. Food and Drug Administration (FDA) has granted Breakthrough Device Designation for their Early Gastric Cancer detection tool. Their innovative solution is designed to detect lesions present in the upper gastrointestinal tract indicative of Early Gastric Cancer, as well as gastric malignancy, inclusive of gastric atrophy, nodules, polyps, masses and growths present in the stomach, in real-time during standard endoscopy examinations.
The FDA Breakthrough Device Designation is granted to medical devices that have reasonable clinical evidence to offer significant advancements representing breakthrough technology in diagnosis or treatment of life-threatening or irreversibly debilitating diseases or conditions, with no available approved alternatives, and their availability is in the best interest of patients. The program is intended to provide patients and healthcare providers with timely access to medical devices by speeding up development, assessment, and review for premarket approval and marketing authorization. Benefits of the program include expediting device development, prioritizing subsequent regulatory submissions, and potentially provides for faster reimbursement after clearance.
Gastric cancer is the fourth leading cause of cancer related mortality across the globe, with a five-year survival rate of less than 40%. However, it is reported that the early accurate detection of gastric cancer can increase the 5-year survival rate to 90%. Despite gastrointestinal endoscopic procedures being the gold standard method for the diagnosis of this disease, the current miss rate for the diagnosis of Gastric cancers during these procedures stands at 4.6-25.8%, depending upon the endoscopists’ experience and visual observations. RNT Health Insights’ Early Gastric Cancer detection technology can be used in real-time during endoscopic procedures to detect these pathologies, and currently displays a detection accuracy of 96% in accordance with the preclinical validation conducted. With the Breakthrough Device Designation, RNT Health Insights will benefit from an expedited review pathway to obtain the necessary permits for marketing their device. The company anticipates this will accelerate the timeline for bringing their innovative tool to market, ultimately benefiting patients and healthcare providers.
(ADVERTORIAL DISCLAIMER: The above press release has been provided by BusinessWire India. ANI will not be responsible in any way for the content of the same)

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