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Verisante Technology Inc. V.VRS


Primary Symbol: V.VER.H

Verisante Technology Inc is a Canada based medical device company. It is engaged in commercializing medical systems for the early detection of cancer. The products of the company are Verisante Aura which is for skin cancer detection and Verisante Core which is for lung, colon and cervical cancer detection. It utilizes a cancer detection platform while the operating software and probe technology. The group generates revenue from the sale and renting of its medical devices.


TSXV:VER.H - Post by User

Bullboard Posts
Post by herbaciouson Mar 27, 2011 4:24pm
225 Views
Post# 18347401

AURA IN THE U.S IN 2013

AURA IN THE U.S IN 2013FDA approval would likely come thru PMA and would likely require additional trial data (additional to the 1,000 + lesion study) However ,until we see the full data st from the 1000+lesion study, it is difficult to determine how much additional data the FDS might require.

MELA Sciences quest for FDA approval of its skin imaging device, the FDA set 95% sensitivity (statistical at 95% conf interval ) as one of the END POINTS for the 1,400 patient clinical trial used to support their PMA application.


The interim data set from Verisante's 1,000+ lesion study showed 100% sensitivity!

Although the full analysis may indicate lower sesitivity , Verisante can ADJUST THEIR DEVICE TO INCREASE SENSITIVITY.

This would comprimise specificity somewhat although likely not nearly anywhere near as low as 9.5% specificity logged with MELA'S device in their 1,400 patient trial (an FDA advisory panel voted by a narrow margin that MELA"S device was effective despite the 9.5% sensitivity)

The Verisante management indicated that they will run a small U.S. based trial (150 patients at each of 3 sites)to supplement the data from the 1,000+lesion study.

THE COMBINED DATA , THEY BELIEVE WILL BE SUFFICIENT TO SUPPORT TO GAIN FDA APPROVAL.

do your own due diligence

herb
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