"Since launching VeraLook in Europe last year, our technology has become an important tool in helping radiologists find colon cancers earlier and with greater confidence," said Ken Ferry, President and CEO of iCAD. "It is estimated that more than 40 million individuals who are eligible for colon cancer screening do not undergo any screening at all. Virtual colonoscopy is a breakthrough technology that may prompt a greater number of people to have this potentially life-saving test."

Approximately 51,000 Americans will die from colon cancer this year alone. According to the American Cancer Society, colorectal cancer is the second leading cause of cancer-related deaths in the United States. When caught early, colon cancer is highly treatable; but less than half of the Americans who are recommended to be screened for colon cancer are actually tested. This reluctance may be linked to patients' general discomfort with the traditional colonoscopy procedure.

CTC employs cutting-edge, advanced visualization technology to produce three-dimensional images that permit a thorough and minimally invasive evaluation of the entire colorectal structure and is an accurate alternative to colonoscopy to detect polyps. Since it requires no sedation, patients undergoing a CTC exam are able to return to their normal activities immediately following the examination. Reimbursement for screening CTC procedures is available in the U.S. from many private insurers and 22 states and the District of Columbia cover colon cancer screening per the American Cancer Society guidelines which includes virtual colonoscopy.

SOURCE iCAD, Inc.