TRICE MEDICAL closes $19.3M in Series C financing for their tiny needle-based camera to analyze joint injuries and expedite orthopedic diagnosis without the need for an MRI.
Mi-Eye2 is a hand-held imaging scope which received FDA-clearance. It enables doctors to diagnose a sports-related injury in the office, without an MRI.
It consists of a hypodermic needle with a small camera tethered to a Microsoft surface tablet that shows high-definition pictures.
Jeffrey O’Donnell, Sr. who is President and CEO of Trice Medical says this latest round of financing is a “significant milestone” and will help expand the company’s U.S. market.
Check out CBS2’s Dr. Max Gomez report:
CBS 2’s DR. MAX GOMEZ: If you’ve ever injured your knee it can be hard to tell exactly what’s causing the pain, so the doctor usually sends you for an expensive MRI and maybe an arthroscopy in the O.R. to take a look inside. But what if you could do a scope in the doctor’s office cheaper and safer.
Lemouchi Soufinae injured his knee in a car accident two years ago. Since then he hasn’t been able to play his beloved soccer, because of the pain in his knee.
“I can’t walk more than three blocks, have to lay down, have trouble sleeping at night, lot of strong pain,” he said.
DR. MAX GOMEZ: Two MRIs later, it still wasn’t completely clear what was causing his knee pain.
Lemouchi, Liz Meris has been having severe knee pain. “I couldn’t kneel or straighten without pain, can’t get out of car, swelling in back of knee, hurts to walk, feels unstable,” she said.
DR. MAX GOMEZ: Worse yet, Liz is claustrophobic in an MRI.
“I hate em, I’m claustrophobic. I’m out, I’m in, I’m out again,” she said.
DR. MAX GOMEZ: The next is usually a trip into the operation room to look around by sticking a scope in the knee. It’s expensive and requires anesthesia. Why not do that in the office, under a local anesthesia?
Thanks to a tiny scope with a hi-def camera on the tip, doctors can do in the office what once took a trip to the O.R.
“It’s a huge game changer, been trying to do for 10 to 15 years, clarity and resolution are now tremendous,” Dr. James Gladstone, Mt. Sinai Health System said.
DR. MAX GOMEZ: Using only a local anesthesia, Dr. Gladstone inserts the MI-Eye-2™ into Liz’s knee. She was actually watching the same thing Dr. Gladstone was seeing.
It allows him to check and see what and where there’s damage inside the knee.
“Almost as good as O.R. scope, and in many ways better than MRI because it can give you direct visualization,” Dr. Gladstone said.
DR. MAX GOMEZ: Better yet, if the damage is minimal it saves the patient a trip to the O.R. for a conventional scope, and here’s the best part; it costs under $500 to do this in the doctor’s office as opposed to the $1,500 or $2,000 for an MRI and thousands more for an O.R. scope.
Almost any joint that you can scope can be done with the MI-Eye™: shoulder, wrist, ankle, elbow.
FOR MORE INFORMATION on THE INNOVATIVE MI-EYE2 VISIT:
Also, check out Dr. Max Gomez’s new book available for preorder on Amazon:
“Cells Are the New Cure”
by Robin Smith, MD + Max Gomez, Ph,D; Foreword by Sanjay Gupta, MD of CNN
Maria Dorfner, a 33 year veteran of broadcast news is the founder of this blog.