Message #4 From:
Stock News Bot Date: October 25, 2006 06:15:00 AM
CMPD News CompuMed Participates in 2nd Peripheral Bone Densitometry Workshop in Chengdu, China
LOS ANGELES--(BUSINESS WIRE)--CompuMed, Inc. (OTCBB:CMPD) -- a medical informatics company
leading the development of advanced imaging and medical informatics to
provide cost effective analysis and monitoring -- served as a featured
sponsor of the 2nd Peripheral Densitometry Workshop held October
19 in Chengdu, China.
“We were pleased to be among the sponsors for
this international event,” said CompuMed CEO,
Jerry McLaughlin. “Peripheral densitometry
devices, such as the OsteoGram, could play an increasingly important
role in developing nations, where expensive, dedicated bone mineral
density screening equipment is simply not cost effective. This presents
an opportunity for CompuMed’s expansion of its
services in those markets.”
At the Workshop, Dr. Jianhua Wang, a renowned orthopedic surgeon from
the Aviation Industry Center Hospital in Beijing, a hospital that
recently earned international attention when it was designated as an
orthopedic treatment center for the upcoming 2008 Summer Olympics,
highlighted his clinical experience with CompuMed’s
OsteoGram with more than 6,000 patients. Dr. Wang received an award from
the Beijing city government for his continuing work with CompuMed’s
OsteoGram in screening at risk patients for osteoporosis.
The Workshop was held in conjunction with the 2006 International
Osteoporosis Conferenceand was co-hosted by a distinguished
panel including Dr. Didier Hans of Geneva University Hospital, Dr. John
Shepherd of the University of California at San Francisco and Dr. Wei Yu
of Peking Union Medical College Hospital (Beijing, China). Drs. Hans and
Shepherd are taking the lead in supporting peripheral densitometry users
around the world by creating a course to meet their specific educational
needs. In the future the course will be traveling to areas where there
is greatest need. The workshop was organized by the Chinese Medical
Association, the Department of Radiology at the University of California
at San Francisco, and Geneva University Hospital, with corporate
sponsorship from companies including CompuMed, GE Healthcare China,
Hologic, DMS-Apelem, and Synarc.
As the global population ages, the costs associated with
osteoporosis-related disease are predicted to rise dramatically.
Osteoporosis is a silent disease that affects more than 200 million
people worldwide and is especially prevalent in China, where there are
more than 125 million postmenopausal women at risk. Of these, more than
100 million are estimated to currently have the disease in various
stages. The traditional Chinese diet lacks calcium, which is a
requirement to build strong bones.
The goal of the workshop was to raise the awareness of the utility of
using peripheral devices for fracture risk assessment, especially in
developing countries where there is a significant under utilization of
densitometry to identify women at high risk. Topics and curriculum were
developed with input from many of the world’s
foremost osteoporosis experts working in partnership with leading
medical device manufacturers.
CompuMed’s OsteoGram is a software-based
system for screening, diagnosing and monitoring osteoporosis. It
provides an accurate, low-cost alternative to DXA bone mineral density
(BMD) screening, and can be utilized in conjunction with rapidly
proliferating digital (i.e., filmless) x-ray equipment, as well as
existing film-based machines. CompuMed is planning to leverage its
expertise in computer aided diagnosis represented by the OsteoGram to
provide solutions and services designed to improve the workflow of
healthcare providers, improve patient’s care
and reduce costs. The OsteoGram’s vast
benefits in terms of cost and efficiency facilitate wider osteoporosis
screening and treatment of at-risk patients. It is far less costly and
cumbersome to use than conventional BMD testing systems, which require
dedicated and expensive equipment, computers, office space and staff.
About CompuMed:
Founded in 1973, CompuMed, Inc. (OTCBB:CMPD) is leading the development
of advanced imaging and medical informatics to provide cost effective
analysis and monitoring solutions. The Company focuses on cardiovascular
and musculoskeletal diseases and other diseases associated with aging
populations. The Company has unique expertise in telemonitoring, imaging
and analysis, which it is deploying to provide solutions and services
designed to improve the workflow of healthcare providers, improve patient’s
care and reduce costs. The company's core products are the OsteoGram and
CardioGram systems. The OsteoGram, which is cleared by the FDA for
commercial use, is an accurate and precise technology for low-cost
osteoporosis testing. The CardioGram system remotely interprets
electrocardiograms and is used by private practice, government and
corporate healthcare providers nationwide. The CardioGram has the
additional capability to automatically provide an over-read (i.e.,
follow-up review) by a cardiologist. CompuMed is headquartered in Los
Angeles. Visit CompuMed at www.compumed.net.
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not limited to, product and service demand and acceptance, changes in
technology, ability to raise capital, availability of appropriate
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constraints or difficulties, government regulation and other risks
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