Noah Medical Company Research Report

Company Overview

• Name: Noah Medical

• Mission: To provide early diagnosis and treatment that enable an improved and prolonged quality of life for lung cancer patients around the world.

• Founded: No information is available regarding the founding date.

• Founders: Jian Zhang is acknowledged as a key figure and the CEO of the company.

• Key People:

• Jian Zhang, Founder & CEO

• Enrique Romo

• Frank Grillo

• Shawn McKenna

• Krish Bhadra, MD (a notable user of the Galaxy System)

• Headquarters: Silicon Valley

• Number of Employees: Over 150 engineers, innovators, and industry leaders.

• Revenue: No information is available regarding revenue.

• Known For: Pioneering next-generation medical robotics, emphasizing early lung cancer diagnosis and treatment via robotic-assisted bronchoscopy solutions.

Products

Galaxy System™

• Description: An all-in-one integrated medical robotic solution for navigated bronchoscopy, primarily used for diagnosing peripheral pulmonary nodules with high accuracy.

• Key Features:

• TiLT+ Technology™: Provides real-time updates and guidance, helping overcome CT-to-body divergence.

• Single-use Bronchoscope and Accessories: Reduces risk of cross-contamination and improves procedural efficiency by eliminating the need for reprocessing.

• Integrated Camera: Offers always-on vision with navigation capabilities to reach any area in the lung.

• Augmented Fluoroscopy and Tomosynthesis: Ensures precise nodule localization.

• Small Footprint and Single-cart Design: Enhances maneuverability and saves space in medical suites.

• Seamless Integration with Any C-arm: Reduces setup complexity and allows direct usage in existing medical environments.

Recent Developments

• New Product Launches:

• No specific new products were mentioned apart from the Galaxy System enhancements.

• New Features Added:

• The integration of TiLT+ Technology for improved diagnostic yield and real-time lesion tracking.

• Augmented fluoroscopy for precise lesion localization during procedures.

• Partnerships and Affiliations:

• Collaborative efforts with leading interventional pulmonologists worldwide.

• Noteworthy Achievements and Milestones:

• Clinical Trials: Data from clinical trials published in the Journal of Respirology showing benefits such as up to 94.7% diagnostic yield.

• Prestigious Recognitions: Recognized as a “Fierce 15” company by Fierce MedTech, and “Best Healthcare Robotics Company” by MedTech Breakthrough.

• 500th Use in the United States: Marked the 500th use of the Galaxy System at CHI Memorial in Tennessee.

• Expansion into Asia: Initiated trials of the Galaxy System at Prince of Wales Hospital in Hong Kong.

• Events and Conferences:

• Showcased diagnostic confidence at AABIP 2024 with interactive simulations and field results.

• Presented preliminary trial results to a full house at AABIP 2023.

In summary, Noah Medical is a cutting-edge medical robotics firm with significant strides in lung cancer diagnosis technology. The company continues to expand its presence and technological capabilities, offering notable innovations and improvements in bronchoscopy and related fields.