ROCHESTER, N.Y., May 27, 2015 /PRNewswire/ -- VirtualScopics, Inc. (NASDAQ: VSCP), a leading provider of clinical trial imaging solutions, announced today, ahead of the International Society for Magnetic Resonance in Medicine (ISMRM) Annual Meeting in Toronto, that it has made scientific and operational investments in Magnetic Resonance Elastography (MRE). VirtualScopics, Inc. has recently been awarded two new projects supporting pharmaceutical companies integrating MRE into their global, multi-site clinical trials.
MRE is an emerging imaging technique that uses Magnetic Resonance Imaging (MRI) coupled with low frequency mechanical waves to provide quantifiable measurements of liver stiffness. In the clinical setting, liver stiffness is used as a surrogate indicator of liver disease and fibrosis. Initially approved by the FDA in 2009, MRE is becoming the preferred method for evaluating patients with liver fibrosis due its non-invasive and highly-sensitive capabilities.
Dr. Edward Ashton, Chief Scientific Officer at VirtualScopics, said, "We are seeing a growing demand for this relatively new technology to be implemented in clinical trials as a means to quantitatively characterize liver stiffness. VirtualScopics has been working closely with academic and industry leaders in the MRI field to develop our own MRE acquisition and analysis techniques. Our efforts are putting us in the un-paralleled position to offer our customers seamless implementation of MRE in their trials." Dr. Ashton is a sitting member of the Radiological Society of North America (RSNA)/Quantitative Imaging Biomarkers Alliance (QIBA) committee for MRE. QIBA aims to advance quantitative imaging and the use of imaging biomarkers in clinical trials. As a member of the committee, Dr. Ashton is actively engaged in advancing MRE development in the industry.
Erik Jensen, Vice President Global Business Development and Marketing at VirtualScopics, said, "VirtualScopics is pleased to have enhanced its imaging solutions offering with MRE. We continue to share our MRE expertise and help educate potential pharmaceutical companies looking to integrate MRE in their clinical trials. Through our collaborative work ethic, we strive to partner with our customers to minimize risks and maximize results."
Dr. Jennifer Dolan Fox, an imaging scientist at VirtualScopics, produced a white paper titled "Magnetic Resonance Elastography (MRE) of Liver Disease" which can be reviewed and downloaded under the Educational Resources section of the company's new website. In addition, Dr. Ashton will be conducting a free educational webinar titled "Magnetic Resonance Elastography (MRE) in Multi-Site Clinical Trials" on Wednesday, June 10, 2015. The registration link to this webinar can be found on VirtualScopics' website at www.virtualscopics.com
About VirtualScopics, Inc.
VirtualScopics, Inc. (NASDAQ: VSCP) is a leading provider of clinical trial imaging solutions to accelerate drug and medical device development. For risk-averse, time-constrained Clinical Trial Study Teams, Medical Directors and Imaging Scientists who require quality imaging data delivered on-time, within budget and on a consistent basis, VirtualScopics' clinical trial imaging solutions are an inspired true exception to commonly-accepted services provided by other clinical trial imaging providers. Because of the scientific and operational flexibility and responsiveness they can offer, VirtualScopics' clinical trial imaging solutions deliver special performance advantages compared to other image service providers that offer common, everyday clinical trial imaging services. For more information on VirtualScopics, Inc. please visit www.virtualscopics.com.
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