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Oblique Back-illumination Microscopy Jerome Mertz. June 15, 2012. Oblique Back-illumination Microscopy (OBM ) Breakthrough imaging allows DIC-like images in thick samples. 600μm field-of-view with 6.5μm resolution 240μm field-of-view with 2.5μm resolution
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Oblique Back-illumination MicroscopyJerome Mertz June 15, 2012
Oblique Back-illumination Microscopy (OBM)Breakthrough imaging allows DIC-like images in thick samples • 600μm field-of-view with 6.5μm resolution • 240μm field-of-view with 2.5μm resolution • No labeling or contrast required • Video rate
OBM offers superior imaging and high clinical impactin a simple, robust, and cost-effective platform Superior imaging capabilities with high clinical impact • Exquisite high resolution phase images (DIC-like) of in vivo tissue morphology • Simultaneous phase and amplitude microscopy with tissue imaging depth of 60-100μm • improves diagnostic imaging in thick tissue • applications in endoscopy • Works at video rate with a standard camera Simple, robust, cost effective, and safe • Add-on to current microscopes or endomicroscopes, with no moving parts • Noninvasive, no tissue labeling required • Illuminated using LEDs rather than expensive and unsafe lasers
Both research and clinical applicationsare possible with OBM Research Applications • $3B US Microscope Market in 2011 with 6% CAGR through 20151 • Several Established Players: Leica, Carl Zeiss, Olympus, etc • 790 Potential Target Labs in US2 Clinical Applications3 • GI Endoscopy • > 10 MM Procedures / year • Colorectal, Gall, Esophageal • Blood flow analysis in plastic / reconstructive surgery • >1MM surgeries per year • Bladder imaging • Jon Groberg, Dane Leone, CFA, “Danaher: BEC is the key to continued success”, Macquarie (USA) Equities Research, 16 Aug 2011 • Source: http://www.lltechimaging.com/ • Source: Mauna Kea Investor Presentation, published June 2011
GI screening offers a compelling opportunity for OBM Colorectal Screenings Barrett’s Esophagus • 3.1 MM colorectal screenings in US annually • High percentage of biopsied polyps are benign • Strong market opportunity for technologies that aid in biopsy site determination • > 1 MM screenings in US annually • American Gastroenterological Assoc. recently increased recommended screening schedule for high risk patients • 85% mortality rate for Esophageal cancer (BE increases cancer risk)
OBM combines high resolutionimaging with tissue depth, wide field-of-view and video capabilities Technology OBM OCT1 Confocal fluorescenceEndomicroscopy2 Lateral Resolution (μm) 2.5 / 6.5 3.5 1 - 3.5 Axial Resolution (μm) 6 1.8 3 - 8 Imaging Depth (μm) 0 - 80 100 5 - 100 Field of View (μm) 240 / 600 1.5 x 1.5 mm (scanning) 240 / 400 Frame Rate (Hz) 17.5 1 12 (200 optional) 1. Optical Coherence Tomography – data points based on lltech Light-CT 2. Confocal Laser Endomicroscopy – data points based on various CellVizio models
Rigid endoscope market exceeds $500M annually; Karl Storz is the market leader • Market Size (2010): • $529M WW, 4% CAGR • $176M US, 4% CAGR • Laparoscopic, Hysteroscopicuses Source: “Rigid Endoscopes - Global Pipeline Analysis, Competitive Landscape and Market Forecasts to 2017”, Global Data, 31 May 2011
In vivo Imaging Technologies 1. Thomson Reuters Streetevents, “Edited Transcript: GTHP.OB-Q4 2011 Guided Therapeutics Inc. Earnings Conference Call”, 29 March 2012, 3:00PM GMT 2. Source: Mauna Kea Investor Presentation, published June 2011 3. Josh Jennings, M.D., Denis Kelleher, Ian Sanderson, Doug Schenkel, “Mela Sciences – Initiating with Outperform (1)”, Cowen and Company, 23 May 2012 4. Matt Miksic, SachinKulharni, Young Li, “ Novadaq: Overweight”, PiperJaffray, Company Note, 16 April 2012