I think I just figured out why Spectrascience acquired Oncoscope..
We all know (or at least should know by now) that the WavSTAT4 can do much more than simply detect colorectal cancer. Studies have been done for the bladder, intestines, and even the throat. It's assumed, at least to me, SCIE acquired Oncoscope for their technology. We know this much from the PR:
But what we didn't know, or at least I didn't know (I'm the only one talking in here, so conversations aren't exactly happening), is that a study was performed in 2013 where..
So this was back in 2013. Which means whatever the results were, SCIE has had 3 years to improve on them.
Side note
Notice the picture of the wavstat4 on page 104. The title says..
Which makes me wonder..will there be an even better WavSTAT5 in the future?
Back on topic..
Benefits of the WavSTAT4..
So.. heres the kicker..
The results of the test in 2013, from the gifted WavSTAT4 to the Glasgow Royal Infirmary states..
This is great! Why is this great? I mean.. it does say 'Unfortunately'. You're reading it wrong. These results don't say the WavSTAT4 doesn't work for detecting colorectal polyps. This wasn't the purpose of the study. This study was for Barrett’s oesophagus! SCIE wants to make their product available to MORE than just the colorectal community.
So.. the reason the results of this specific test is so great, is because this test was from 2013!
Read again..
Further work is in progress. That means SCIE didn't give up on trying to tweek the WavSTAT to work properly for Barrett’s oesophagus.
Keep reading. This is the best part..
What just happened a couple of weeks ago? ONCOSCOPE ACQUISITION! and why? Because Oncoscope's technology..
Which means, for the past 3 years, SCIE has been searching for the optimum excitation wavelength. By acquiring Oncoscope's scattered white light technology, this may mean that SCIE finally found the correct wavelength in order to get the WavSTAT4 to detect Barrett's Esophagus.
One more bit of information which continues to show that SCIE has been working diligently towards sales.
http://theses.gla.ac.uk/4741/1/2013moyesMD.pdf
We all know (or at least should know by now) that the WavSTAT4 can do much more than simply detect colorectal cancer. Studies have been done for the bladder, intestines, and even the throat. It's assumed, at least to me, SCIE acquired Oncoscope for their technology. We know this much from the PR:
Quote:Oncoscope developed a proprietary optical imaging system to provide immediate, minimally-invasive detection of pre-cancerous epithelial tissues using scattered white light. Their first target indication was for Barrett's Esophagus, a precursor for cancer of the esophagus.
But what we didn't know, or at least I didn't know (I'm the only one talking in here, so conversations aren't exactly happening), is that a study was performed in 2013 where..
Quote:The WavSTAT® Optical Biopsy System (SpectraScience Inc, San Diego, USA) was gifted to the endoscopy unit of Glasgow Royal Infirmary, to allow a pilot study to be performed among patients with Barrett’s oesophagus,
So this was back in 2013. Which means whatever the results were, SCIE has had 3 years to improve on them.
Side note
Notice the picture of the wavstat4 on page 104. The title says..
Quote:Image of new generation WavSTAT monitor and optical biopsy forceps. The forceps are single use and able to take an optical and physical biopsy sample
Which makes me wonder..will there be an even better WavSTAT5 in the future?
Back on topic..
Benefits of the WavSTAT4..
Quote:The WavSTAT® Optical Biopsy system has several potential advantages. It is relatively cheap, easy to use and provides the endoscopist with instant results, rather than a delay of days for histology results from physical biopsy. The optical biopsy forceps do not need to be removed from the endoscope unless a physical biopsy is required, allowing the endoscopist to survey long segments of Barrett’s mucosa in a shorter time compared with the standard Settle protocol
So.. heres the kicker..
The results of the test in 2013, from the gifted WavSTAT4 to the Glasgow Royal Infirmary states..
Quote:Future improvements
Optical biopsy sampling has the potential to provide real-time diagnosis of premalignant and early neoplastic tissue in Barrett’s oesophagus. Unfortunately the WavSTAT® Optical Biopsy system in its current state does not meet the necessary criteria . However further work is in progress and once the optimum excitation wavelength has been identified, the results may be more favourable.
This is great! Why is this great? I mean.. it does say 'Unfortunately'. You're reading it wrong. These results don't say the WavSTAT4 doesn't work for detecting colorectal polyps. This wasn't the purpose of the study. This study was for Barrett’s oesophagus! SCIE wants to make their product available to MORE than just the colorectal community.
So.. the reason the results of this specific test is so great, is because this test was from 2013!
Read again..
Quote:However further work is in progress and once the optimum excitation wavelength has been identified, the results may be more favourable
Further work is in progress. That means SCIE didn't give up on trying to tweek the WavSTAT to work properly for Barrett’s oesophagus.
Keep reading. This is the best part..
Quote:once the optimum excitation wavelength has been identified, the results may be more favourable
What just happened a couple of weeks ago? ONCOSCOPE ACQUISITION! and why? Because Oncoscope's technology..
Quote:provides immediate, minimally-invasive detection of pre-cancerous epithelial tissues using scattered white light .
Which means, for the past 3 years, SCIE has been searching for the optimum excitation wavelength. By acquiring Oncoscope's scattered white light technology, this may mean that SCIE finally found the correct wavelength in order to get the WavSTAT4 to detect Barrett's Esophagus.
One more bit of information which continues to show that SCIE has been working diligently towards sales.
http://theses.gla.ac.uk/4741/1/2013moyesMD.pdf
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Invite Only
There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
Disclaimer:
As used herein, the terms "You" and "Your" shall mean you, individually, the reader, and each other party on whose behalf you may use the contained information at any time.
All references to "My", "I", and “The writer of the above post” shall refer to the creator of the username Joey68.
Do NOT invest unless you are prepared to sustain a total loss of the money you have invested plus any commission or other transaction charges.
There is a very high degree of risk involved in trading and investing. Past results are not indicative of future returns. I assume no responsibility for your trading and investment results. You should NOT rely on the information in the above post to make any decision or take any action.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are OPINION and NOT fact and are for entertainment purposes only. Do your own research and make your own decisions based on your own conclusions.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are NOT advice, and are NOT designed to substitute the expertise and judgment of a professional. It is your responsibility to seek investment advice during all stages of your investments. It is your responsibility to evaluate the accuracy, completeness and usefulness of the information in the above post.
I am NOT a professional.
I do NOT work for you.
My posts are NOT investment advice. I am not paid to post.
There is no correlation between the number of posts I write per day and your assumed success of a company.
It is NOT my responsibility to inform you of my own personal investment decisions.
It is NOT my responsibility to inform you when it is time for you to buy, hold, and/or sell a position.
I have no control over, and am not responsible for the actions of others who copy, store, edit, change, prepare any derivative work of or alter in any way any of the content provided in my posts.
Errors and Omissions expected. The writer of the above post accepts no liability or responsibility for any errors or omissions contained in the above post or contained within this Disclaimer.
The writer of the above post shall NOT accept any liability for the accuracy or completeness of the information contained in the above post, for any reliance placed by any person on the information contained in the above post, or for any damage or loss, however caused, in connection with the use or reliance on any information contained in the above post.
The above post may contain links to websites owned and operated by third parties. These links are provided for informational purposes only and are NOT endorsed by the writer of the above post. The writer of the above post has no control over the contents of any linked website and bears no responsibility for the accuracy, legality, or content of the external site or for that of subsequent links.
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The writer of the above post makes no warranties or representations, express or implied about such linked websites, the third parties they are owned and operated by, or the information contained on these websites.
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There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
