Nanox continues to expand its global footprint and advance its vision to democratize healthcare through a partnership with
Subject to regulatory approval
The Nanox System is composed of the Nanox.ARC, an innovative medical imaging system with a smaller footprint and lower cost than legacy x-ray technology, and the Nanox.CLOUD, a companion cloud-based software designed to complement the Nanox.ARC and provide end-to-end medical imaging services. The Nanox.CLOUD is expected to include image analysis and repository, radiologist matching, online and offline diagnostics review, annotation, billing, and reporting.
The Nanox System is also designed to support advanced AI-based diagnostic and decision support systems that are expected to provide radiology services to remote populations and alleviate the acute lack of radiologists worldwide.
According to the
"We are very excited to sign the agreement with
"We are very pleased to deepen our presence in
Nanox, founded by the serial entrepreneur
Serving Public & Private Hospitals in
This press release may contain forward-looking statements that are subject to risks and uncertainties. All statements that are not historical facts contained in this press release are forward-looking statements. Such statements include, but are not limited to, any statements relating to the initiation, timing, progress and results of Nanox's research and development, manufacturing and commercialization activities with respect to its X-ray source technology and the Nanox.ARC. In some cases, you can identify forward-looking statements by terminology such as "can," "might," "believe," “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “should,” “could,” “expect,” “predict,” “potential,” or the negative of these terms or other similar expressions. Forward-looking statements are based on information Nanox has when those statements are made or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Factors that could cause actual results to differ materially from those currently anticipated include: risks related to Nanox's ability to complete development of the Nanox.ARC; Nanox's ability to successfully demonstrate the feasibility of its technology for commercial applications; Nanox's expectations regarding the necessity of, timing of filing for, and receipt and maintenance of, regulatory clearances or approvals regarding its X-ray source technology and the Nanox.ARC from regulatory agencies worldwide and its ongoing compliance with applicable quality standards and regulatory requirements; Nanox's ability to enter into and maintain commercially reasonable arrangements with third-party manufacturers and suppliers to manufacture the Nanox.ARC; the market acceptance of the Nanox.ARC and the proposed pay-per-scan business model; Nanox's expectations regarding collaborations with third-parties and their potential benefits; Nanox's ability to conduct business globally; and risks and business interruptions related to the COVID-19 pandemic, among others. For a discussion of other risks and uncertainties, and other important factors, any of which could cause Nanox's actual results to differ from those contained in the forward-looking statements, see the section titled “Risk Factors” in Nanox’s Annual Report on Form 20-F for the year ended