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ClearPoint Neuro Expands Software License and Research Agreement with Philips to Power Expansion of the ClearPoint Platform into the Operating Room

SOLANA BEACH, Calif., April 27, 2022 (GLOBE NEWSWIRE) -- ClearPoint Neuro, Inc. (Nasdaq: CLPT) (the “Company”), a global therapy-enabling platform company

articleClearpoint Neuro Inc.April 27, 20224/company/clearpoint-neuro-inc/news/clearpoint-neuro-expands-software-license-and-research-agreement-with-philips-to
ClearPoint Neuro Expands Software License and Research Agreement with Philips to Power Expansion of the ClearPoint Platform into the Operating Room

About this update from Clearpoint Neuro Inc.

[{"type":"text","content":"SOLANA BEACH, Calif., April 27, 2022 (GLOBE NEWSWIRE) -- ClearPoint Neuro, Inc. (Nasdaq: CLPT) (the “Company”), a global therapy-enabling platform company providing navigation and delivery to the brain, today announced expansion of their worldwide license and research agreement with Philips, a global leader in health technology, to include access to technology to enable surgical navigation using Computed Tomography (CT). The design goal of the ClearPoint Maestro™ Brain Model for the Operating Room (OR) is to enable highly accurate procedures with the ClearPoint platform, using CT for live navigation instead of MRI, while maintaining procedural step continuity to facilitate training and adoption. “A visible part of our strategy at ClearPoint is to offer advanced neurosurgery navigation and delivery tools to surgeons around the world, regardless of the arena in which the procedure is performed,” commented Joe Burnett, President and CEO of ClearPoint Neuro. “Physicians routinely choose the location and technique based on the needs of each individual patient and their disease presentation. There are procedures like drug delivery and laser ablation which are more commonly performed in the MRI because the live MRI images provide important feedback on the success of the procedure. There are other procedures like biopsy, deep brain stimulation (DBS) and brain-computer interface (BCI) implantation which take place primarily in the Operating Room today and use ancillary imaging and navigation tools to get important feedback along the way. By expanding into the OR, we can leverage more than a decade of experience in Neuro MRI navigation and apply those principles to CT and Optical Navigation using the ClearPoint platform, partnerships, and the same clinical specialist support team. This, in-turn, builds centers of excellence and delivers scale.” The Philips Brain Model, which is integrated into Maestro, emerged over 10 years ago from research aimed at detecting subtle volumetric and shape abnormalities in patients with mild traumatic brain injury. The cover of the Journal of Neurotrauma featured Maestro’s first study. The unique methodology of the brain model combines deformable surfaces with active shape models and machine learning. More importantly, it provides point-based correspondence longitudinally and across patients. Cross-validati...

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