OXOS Medical is a medical technology company that has developed an innovative handheld X-ray system called the Micro C. This device, which received FDA 510(k) clearance in 2021, is designed to capture both static and dynamic digital radiographic images of the extremities. The Micro C utilizes advanced image processing, computer vision, and an innovative X-ray tube architecture to deliver exceptional image quality while significantly reducing radiation exposure compared to traditional X-ray solutions like C-Arms.
One of the key advantages of the Micro C is its low radiation profile, providing up to 80% less radiation than conventional X-ray devices. This makes it a safer and more accessible option for various healthcare settings, including urgent care centers, sports teams, home care, and international mission operations. The device's compact and portable design allows for real-time diagnosis and imaging in virtually any environment.
OXOS Medical's technology is aimed at addressing the growing global shortage of radiology resources and the increasing demand for imaging services. The company's Micro C system connects directly to the OXOS Cloud Platform, enabling physicians to access radiographic studies from anywhere on any device. This cloud-based platform is fully HIPAA-compliant and can seamlessly integrate with existing radiology infrastructure or leverage OXOS' nationwide teleradiology service for rapid study interpretation.
In 2023, OXOS Medical acquired USD 23 million in Series A funding, bringing its total funding to USD 45 million. The company has gained traction across various sectors, including outpatient clinics, the military, the Veterans Administration, sports teams, hospitals, imaging centers, and bioskills labs. In April 2023, OXOS Medical was acquired by an undisclosed company.
Key customers and partnerships
OXOS Medical has established notable partnerships and customer relationships across various industries and sectors. The company has collaborated with the US Department of Veterans Affairs (VA) under a Cooperative Research and Development Agreement (CRADA). Through this partnership, OXOS Medical works closely with radiologist Dr. Beth Ripley, the Deputy Chief of the VA's Office of healthcare Innovation and Learning, to increase access to radiographic care for US veterans by deploying OXOS solutions in multiple care settings.
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