PhotoniCare, Inc. Signs Exclusive Distribution Agreement With Adachi Co., LTD to Commercialize the TOMi Scope in Japan
CHAMPAIGN, Ill., February 19, 2019 (Newswire.com) - PhotoniCare, Inc., a medical device company headquartered in Champaign, Illinois, has signed an exclusive distribution agreement with Adachi Co., LTD (Osaka, Japan) to commercialize PhotoniCare’s TOMi™ Scope device throughout Japan.
PhotoniCare’s TOMi Scope uses an advanced light-based technology to see through the eardrum. For the first time, physicians can view a high-resolution depth image on-screen to directly visualize the middle ear contents. Current diagnostic tools can only provide a view of the surface of the eardrum, so physicians are left to guess, or, unfortunately, employ invasive surgical procedures to diagnosis middle ear pathologies. PhotoniCare’s non-invasive solution eliminates the guesswork, providing users with objective data upon which to base their decisions.
Ryan Shelton, PhotoniCare’s Co-founder and CEO, commented, “We are very excited and honored to partner with the team at Adachi. Adachi’s strong market presence in Otolaryngology, as well as their expertise in navigating Japanese regulatory and reimbursement pathways, will ensure a powerful launch of the TOMi Scope in the Japanese marketplace. We see this partnership as further validation of our technology and its potential to impact healthcare in a meaningful way. We look forward to a long and fruitful relationship with Adachi.”
"The TOMi Scope technology can help explain the current condition of the middle ear which will be very useful in the diagnosis and treatment of middle ear infections,” said Mr. Saburo Adachi, President and CEO of Adachi Co., Ltd. “We believe that with technologies like the TOMi Scope, we can play a role in improving the quality of medical care in Japan.”
Adachi Co., Ltd. is a global leader in the distribution of medical devices in Japan. With over 80 years of experience, Adachi has successfully introduced a variety of cutting-edge technologies to the Japanese market.
PhotoniCare is a medical device company developing a handheld, low-cost imaging platform for the front-lines of medicine. The TOMi Scope, the first product on the platform, provides physicians with a clear view of middle ear infections, one of the most common diseases in the world. Founded out of the University of Illinois at Urbana-Champaign, and grown in partnership with some of the best incubators and accelerators in the health industry, PhotoniCare is focused on bringing better decision-making power to the front lines of medicine. The PhotoniCare team believes that decisions made at the front lines of care can have the largest impact on improving long-term patient outcomes and reducing unnecessary healthcare costs. For more information about PhotoniCare visit www.photoni.care or connect with PhotoniCare on Facebook, Twitter, LinkedIn, and Instagram.
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Source: PhotoniCare, Inc.