RE:Dr. Adams perspective re: 3D/4D echoThank you for that post Frank. That makes pretty good sense...so, basically the margin of error and lack of accuracy is still the main issues with the 3D/4D scans. Looks like VPT has leapfrogged the bigger more well-known companies with better tech at the 2D level that is faster, more accurate, less expensive and can be learned a lot faster as well by cardiologists. To me that = big win in my books!
SailorFrank wrote: My first post. After taking a position in VPT I saw the various posts about 3D/4D questioning how VMS could possibly compete. So I sent investor relations the question this morning and received the following response from Dr. Adams.....below.
Frank,
Thanks for the interest.
3D/4D US is getting better but it still only provides a readable scan 50% of the time, so it is not used for routine clinical cardiac (need 80%). In the readable scans, the volumes are underestimated by 15% (very poor accuracy) and the standard error is 30% (very poor precision). So 3/4D volume measurements still need a lot of work.
If you pick the best scans and spend an hour doing the analysis you can get decent accuracy and precision if you are an expert (done about 120 cases, so takes months to get good at it).
The VMS has accuracy +/- 2% and error +/- 7% and takes 7 minutes to do and you become an expert after 5 cases (an hour).
We will make 3/4D work as we have the way to make thew analysis fully automated. Next product!
We only hope that GE, Seimnes, phillips, Toshiba, Samsung, Fuji…make 3/4D work better so we can get to 80% readable scans.
Regards,
George Adams, PhD, ICD.D
President and CEO
Ventripoint Diagnostics Ltd..