Radiaction at work (from website)
Radiaction Medical Ltd, an Israeli medtech startup that is focused on radiation protection in the interventional cardiology and electrophysiology sectors, received FDA 510(K) clearance for the marketing of its Shield System in the US. In addition, the company has completed a $10 million round of financing led by current investors, InnovaHealth Partners.
Proceeds from the raise will be used to launch Radiaction’s Shield System in the US and to further commercialize in Europe.
Ever wonder why the dentist always leaves the room when he x-rays your teeth and you just get a heavy metallic blanket spread over your body below the neck? If it so dangerous when taking the x-ray; even though it is aimed directly at your mouth, then maybe you should not be in the room either, right? Well, you only have to sit through this once or twice, while doctors and radiologists are around it all day long. And this is where Radiaction comes into the picture, or the x-ray as it were.
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The company has new tech to help protect people from radiation exposure when they work with things like x-Rays, or just get scanned by Superman and his x-ray vision a lot. Even while focused on a specific point, a significant part of the radiation is scattered throughout the area by its interaction with the patient’s body and X-ray table. Mounted directly on the C-arm, Radiaction’s Shield System blocks and captures the scattered radiation at the source. Clinical studies demonstrate that the device reduces radiation in the entire cath lab by over 90%, with even higher reduction rates to the head and upper body of all personnel in the room.
Founded in 2014 by Amir Belson MD, Radiaction has developed the Shield System to provide a radiation-safe environment for the entire healthcare team. The Company boasts that it is revolutionizing X-ray protection by providing full-body shielding to all medical personnel during fluoroscopy-guided procedures. Placed on the C-arm, the Shield System encapsulates the imaging beam and blocks the scattered radiation at its origin, creating a paradigm shift in medical staff radiation protection. First installations will target the Interventional Cardiology and Electrophysiology markets, where physicians experience the highest radiation exposure.
Jonathan Yifat, Radiaction’s CEO, said, “We are very pleased with the FDA clearance of our device and look forward to protecting the physicians and medical personnel performing interventional procedures in the US. This financing will drive our commercialization in the US and Europe, and allow us to build our team and market presence. We are excited to take this next step with our long-time partner, InnovaHealth Partners, who has tremendous experience backing the fast commercial growth of technology companies.”
