Vantage Health Announces Recent Scientific Updates and Corporate Developments
20 Novembre 2014 - 2:00PM
Business Wire
Vantage Health Inc. (OTCQB:VNTH) ("Vantage Health" or the
"Company") today announces recent scientific updates and corporate
developments.
Over the last three months Vantage, and its parent company, has
been developing version 2.0 of its sensor technology. Version 2.0
operates on a Bluetooth platform eliminating the need for physical
connections to multiple smartphone platforms. The new sensor is
wirelessly compatible with all devices that have Bluetooth
capability and will also operate with tablet technology. Version
2.0 of the sensor has the capacity to be scaled up to 256 sensor
channels.
Recently, molecular samples analyzed by the Vantage Sensor 2.0
were sent to a third party laboratory specializing in analytical,
environmental and pharmacological testing. When testing for lower
and higher concentrations of certain molecules, which are important
biomarkers in disease detection, results suggested that the sensor
may actually be more sensitive than Gas Chromatography–Mass
Spectrometry (GC-MS). A GC-MS is considered the gold standard for
molecular analysis typically costing as much as six figures.
Vantage plans to retail this sensor for less than $200.
A provisional patent was filed recently to protect the
proprietary algorithm used to convert the nano-sensor data into
useful calibrated measurements. The key inventor, formerly a NASA
contractor, has been engaged to help imbed the algorithm into
hand-held apps that communicate directly with the new Bluetooth
device. The Company also recruited two additional staff members; a
Chief Scientist for Nanotechnology who brings 10 years of
experience and a Chief Technology Officer who brings 16 years of
experience.
The Company and its partners have just completed version 3.0 of
a breath capture device, which attaches directly onto the sensor.
The breath capture device allows for unlimited use of the sensor
without the risk of contamination between patients and also
includes a filtering mechanism, removing water vapor in the breath,
which could otherwise interfere with the molecular analysis. The
parent company will be filing another provisional patent for this
technology as well.
“I am very pleased that in just a few months we have been
quietly making progress demonstrated by the recruitment of senior
scientists, filing of a provisional patent and the advancements of
our new Vantage Sensor 2.0 making it compatible with all Bluetooth
enabled devices,” stated Joseph C. Peters, President of Vantage
Health, Inc.
Vantage expects to further update its shareholders this winter
on preliminary clinical trial results derived from using the new
sensor for human breath.
About Vantage Health
Inc.
Vantage Health Inc. - a mobile health technology company - is
developing personalized and point-of-care screening using Apps
based upon chemical sensing residing within a Bluetooth device that
works with any smartphone. With its foundations in advanced
nanotechnology, the company’s first product, the Vantage Health
Sensor, which is in development, is the convergence of
nano-electronics, bio-informatics, and wireless technology to
create the next generation mobile health application. The first
mobile App is expected to be for lung cancer screening with
additional mobile healthcare Apps in the planning stages. The
company has offices in Redwood City, CA and New York. For more
information, please visit http://www.vantagehealthinc.com
This press release contains "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of 1995
that involve risks and uncertainties that could cause actual
results to be materially different from historical results or from
any future results expressed or implied by such forward-looking
statements. Such forward-looking statements include, among other
things statements with respect to our objectives and strategies to
achieve those objectives, as well as statements with respect to our
beliefs, plans, expectations, anticipations, estimates or
intentions. Such forward-looking statements may also include
statements, among other things, concerning the efficacy, safety and
intended utilization of Vantage’s product candidates, the conduct
and results of future clinical trials, plans regarding regulatory
filings, future research and clinical trials and plans regarding
partnering activities. Factors that may cause actual results to
differ materially include, among others, the risk that product
candidates that appeared promising in early research and clinical
trials do not demonstrate safety and/or efficacy in larger-scale or
later clinical trials, trials may have difficulty enrolling,
Vantage may not obtain approval to market its product candidates,
or outside financing may not be available to meet capital
requirements. These forward-looking statements are based on our
current expectations. We caution that all forward-looking
information is inherently uncertain and actual results may differ
materially from the assumptions, estimates or expectations
reflected or contained in the forward-looking information, and that
actual future performance will be affected by a number of factors,
including economic conditions, technological change, regulatory
change and competitive factors, many of which are beyond our
control. Therefore, future events and results may vary
significantly from what we currently foresee.
For a further list and description of the risks and
uncertainties the Company faces, please refer to the Company’s most
recent Annual Report on Form 10-K and other periodic and other
filings Vantage files with the Securities and Exchange Commission
and are available at www.sec.gov. Such forward-looking statements
are current only as of the date they are made, and Vantage assumes
no obligation to update any forward-looking statements, whether as
a result of new information, future events or otherwise.
Investors:CSIR Group, LLC.Christine J. Petraglia,
212-386-7082
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