{"id":474627,"date":"2021-04-12T07:03:33","date_gmt":"2021-04-12T11:03:33","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-fda-grants-de-novo-clearance-for-first-and-only-artificial-intelligence-system-for-colonoscopy-medtronic-launches-gi-genius-intelligent-endoscopy-module\/"},"modified":"2021-04-12T07:03:33","modified_gmt":"2021-04-12T11:03:33","slug":"u-s-fda-grants-de-novo-clearance-for-first-and-only-artificial-intelligence-system-for-colonoscopy-medtronic-launches-gi-genius-intelligent-endoscopy-module","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-fda-grants-de-novo-clearance-for-first-and-only-artificial-intelligence-system-for-colonoscopy-medtronic-launches-gi-genius-intelligent-endoscopy-module\/","title":{"rendered":"U.S. FDA Grants De Novo Clearance for First and Only Artificial Intelligence System for Colonoscopy; Medtronic Launches GI Genius\u2122 Intelligent Endoscopy Module"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>&#8211; <i>The GI Genius<span>\u2122<\/span>\u00a0Module Assists Physicians in Detecting Pre-Cancerous Growths; Potentially Addressing 19 Million Colonoscopies Annually <\/i><\/p>\n<p>&#8211; <i>Transformative AI Colorectal Cancer Prevention<\/i><i>\u00a0Platform Expands Medtronic Capabilities in Medical Technology Data Analytics and Insights<\/i><\/p>\n<p>\n        <span class=\"xn-location\">DUBLIN<\/span>, <span class=\"xn-chron\">April 12, 2021<\/span> \/PRNewswire\/ &#8212; <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3063009-1&amp;h=4077412979&amp;u=https%3A%2F%2Fwww.medtronic.com%2Fus-en%2Findex.html&amp;a=Medtronic+plc\" rel=\"nofollow noopener\">Medtronic plc<\/a>\u00a0(NYSE:MDT), the global leader in medical technology, today announced the U.S. Food and Drug Administration (FDA) granted de novo clearance for GI Genius\u2122 intelligent endoscopy module in <span class=\"xn-location\">the United States<\/span>. The GI Genius module is the first and only commercially available computer-aided detection (CADe) system using artificial intelligence (AI) to identify colorectal polyps. The module, compatible with any colonoscope video, provides physicians with a powerful new solution in the fight against colorectal cancer \u2014 the third most common form of cancer globally with 1.8 million new cases in 2018.<sup>1<\/sup><\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1629\">\n<p title=\"This side-by-side comparison shows a colonoscopy with and without the GI Genius\u2122 intelligent endoscopy module. The GI Genius module works in real-time, automatically identifying and marking (with a green box) abnormalities consistent with colorectal polyps, including small flat polyps.\">\n<\/p><\/div>\n<p>&#8220;More than 19 million screening colonoscopies are performed in <span class=\"xn-location\">the United States<\/span> each year. A key factor in the prevention of colorectal cancer is the integration of leading-edge technologies into gastroenterology practices to increase detection rates,&#8221; said Dr. <span class=\"xn-person\">James Weber<\/span>, a gastroenterologist and chief executive officer of the GI Alliance.\u00a0&#8220;Detection of adenomas during colonoscopy is an important quality metric. The addition of AI can increase the quality of colonoscopies, potentially improving diagnosis and outcomes for colon cancer patients.&#8221;<\/p>\n<p>&#8220;Colonoscopies allow highly skilled gastroenterologists to identify polyps and lesions that might develop into cancer. With GI Genius we can tap into the potential of artificial intelligence approaches to increase detection rates. This important new development helps us in our mission to detect colon cancer early and to improve patient outcomes,&#8221; said <span class=\"xn-person\">Michael Sapienza<\/span>, chief executive officer of the Colorectal Cancer Alliance.<\/p>\n<p>The GI Genius module uses advanced AI to highlight the presence of precancerous lesions with a visual marker in real-time \u2013 serving as an ever vigilant second observer. It processes images using advanced algorithms that can identify and mark abnormalities consistent with polyps, including small flat polyps\u00a0that might otherwise go undetected by the human eye. Studies have shown that having a second observer can increase polyp detection rates and every 1% increase in adenoma detection rate (ADR) reduces the risk of colorectal cancer by 3%.<sup>2,3<\/sup> Use of the GI Genius module has demonstrated a 14% absolute increase in ADR compared to colonoscopy alone for both flat (42% increase) and polyploid (36% increase) lesions, thus increasing accuracy and reducing the rise of interval cancers which can occur between colonoscopies.<sup>4<\/sup><\/p>\n<p>&#8220;Medtronic is committed to preventing colorectal cancer and improving patient outcomes with disruptive technologies that aid screening, increase patient compliance, and improve treatment,&#8221; said <span class=\"xn-person\">Giovanni Di Napoli<\/span>, president of the Gastrointestinal business, which is part of the Medical Surgical Portfolio at Medtronic. &#8220;With FDA de novo clearance for the GI Genius and its AI capabilities, we expect to enhance and improve colonoscopies and polyp detection. By introducing AI technology into the colonoscopy market, we anticipate improving colonoscopy detection rates and reducing variability in patient outcomes.&#8221;<\/p>\n<p>Medtronic is the exclusive worldwide distributor of the GI Genius module, which was developed and is manufactured by Cosmo Pharmaceuticals. The GI Genius intelligent endoscopy module received de novo clearance from the U.S. FDA on <span class=\"xn-chron\">April 9, 2021<\/span>. In addition to <span class=\"xn-location\">the United States<\/span>, the GI Genius module is available in <span class=\"xn-location\">Europe<\/span> and select markets in <span class=\"xn-location\">Asia<\/span>, <span class=\"xn-location\">Australia<\/span> and the <span class=\"xn-location\">Middle East<\/span>.<\/p>\n<p>\n        <b><br \/>\n          <u>About Medtronic <br \/><\/u><br \/>\n        <\/b>Medtronic plc (<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3063009-1&amp;h=1522291358&amp;u=http%3A%2F%2Fwww.medtronic.com%2F&amp;a=www.medtronic.com\" rel=\"nofollow noopener\">www.medtronic.com<\/a>), headquartered in <span class=\"xn-location\">Dublin, Ireland<\/span>, is among the world&#8217;s largest medical technology, services and solutions companies \u2013 alleviating pain, restoring health and extending life for millions of people around the world. Medtronic employs more than 90,000 people worldwide, serving physicians, hospitals and patients in more than 150 countries. The company is focused on collaborating with stakeholders around the world to take healthcare Further, Together.<\/p>\n<p>\n        <b>Any forward-looking statements are subject to risks and uncertainties such as those described in Medtronic&#8217;s periodic reports on file with the Securities and Exchange Commission. Actual results may differ materially from anticipated results. <\/b>\n      <\/p>\n<p>\n        <i>For detailed information regarding the instructions for use, indications, contraindications, warnings, precautions, and potential adverse events, please consult the device manual. For further information, contact your local Medtronic representative.<\/i>\n      <\/p>\n<ol type=\"1\">\n<li>Globocan. Estimated number of deaths in 2018 worldwide, both sexes, all ages. Globocan Cancer Data. Published 2018. Accessed <span class=\"xn-chron\">Jan 2021<\/span>. <\/li>\n<li>Wang P, Berzin TM, Glissen Brown JR<i>, <\/i>et al. Gut 2019; 68:1813-1819. <\/li>\n<li>Corley DA, Jenson CD, Marks AR JR, et al. NEJM 2014;370:1298-306. <\/li>\n<li>Repici, A., Badalamenti, M., Maselli, R., et al. Gastroenterology 2020; doi: <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3063009-1&amp;h=397574537&amp;u=https%3A%2F%2Fdoi.org%2F10.1053%2Fj.gastro.2020.04.062&amp;a=https%3A%2F%2Fdoi.org%2F10.1053%2Fj.gastro.2020.04.062\" rel=\"nofollow noopener\">https:\/\/doi.org\/10.1053\/j.gastro.2020.04.062<\/a>.<\/li>\n<\/ol>\n<p>\u00a0<\/p>\n<div>\n<table id=\"convertedTablec460\" cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prnsbt0 prnsbr0 prnbcc prnsbb0 prnsbl0\">\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <u>Contacts:<\/u><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prnsbtb0 prnrbrb0 prnvab prnsbtb0 prntar prnpl6 prnsblb0 prnpr6\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">John Jordan\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Ryan Weispfenning<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Public Relations <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Investor Relations<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">+1-508-452-4891\u00a0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">+1-763-505-4626<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder0\">\n<p title=\"Giovanni DiNapoli, president, Gastrointestinal, Medtronic, discusses the GI Genius\u2122 intelligent endoscopy module.\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1435914\/Medtronic_GI_Genius_intelligent_endoscopy_module.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1435914\/Medtronic_GI_Genius_intelligent_endoscopy_module.jpg\" title=\"The GI Genius\u2122 intelligent endoscopy module works in real-time, automatically identifying and marking (with a green box) abnormalities consistent with colorectal polyps, including small flat polyps.\" alt=\"The GI Genius\u2122 intelligent endoscopy module works in real-time, automatically identifying and marking (with a green box) abnormalities consistent with colorectal polyps, including small flat polyps.\" \/><br \/>\n          <\/a>\n        <\/p>\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1246632\/Medtronic_Logo.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1246632\/Medtronic_Logo.jpg\" title=\"Medtronic plc (PRNewsfoto\/Medtronic plc)\" alt=\"Medtronic plc (PRNewsfoto\/Medtronic plc)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CG75038&amp;sd=2021-04-12\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/us-fda-grants-de-novo-clearance-for-first-and-only-artificial-intelligence-system-for-colonoscopy-medtronic-launches-gi-genius-intelligent-endoscopy-module-301266276.html\">http:\/\/www.prnewswire.com\/news-releases\/us-fda-grants-de-novo-clearance-for-first-and-only-artificial-intelligence-system-for-colonoscopy-medtronic-launches-gi-genius-intelligent-endoscopy-module-301266276.html<\/a><\/p>\n<p>SOURCE  Medtronic plc<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CG75038&amp;Transmission_Id=202104120700PR_NEWS_USPR_____CG75038&amp;DateId=20210412\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire &#8211; The GI Genius\u2122\u00a0Module Assists Physicians in Detecting Pre-Cancerous Growths; Potentially Addressing 19 Million Colonoscopies Annually &#8211; Transformative AI Colorectal Cancer Prevention\u00a0Platform Expands Medtronic Capabilities in Medical Technology Data Analytics and Insights DUBLIN, April 12, 2021 \/PRNewswire\/ &#8212; Medtronic plc\u00a0(NYSE:MDT), the global leader in medical technology, today announced the U.S. Food and Drug Administration (FDA) granted de novo clearance for GI Genius\u2122 intelligent endoscopy module in the United States. The GI Genius module is the first and only commercially available computer-aided detection (CADe) system using artificial intelligence (AI) to identify colorectal polyps. The module, compatible with any colonoscope video, provides physicians with a powerful new solution in the fight against colorectal cancer \u2014 the third most common form &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-fda-grants-de-novo-clearance-for-first-and-only-artificial-intelligence-system-for-colonoscopy-medtronic-launches-gi-genius-intelligent-endoscopy-module\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;U.S. FDA Grants De Novo Clearance for First and Only Artificial Intelligence System for Colonoscopy; Medtronic Launches GI Genius\u2122 Intelligent Endoscopy Module&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-474627","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>U.S. FDA Grants De Novo Clearance for First and Only Artificial Intelligence System for Colonoscopy; Medtronic Launches GI Genius\u2122 Intelligent Endoscopy Module - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-fda-grants-de-novo-clearance-for-first-and-only-artificial-intelligence-system-for-colonoscopy-medtronic-launches-gi-genius-intelligent-endoscopy-module\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"U.S. FDA Grants De Novo Clearance for First and Only Artificial Intelligence System for Colonoscopy; Medtronic Launches GI Genius\u2122 Intelligent Endoscopy Module - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire &#8211; The GI Genius\u2122\u00a0Module Assists Physicians in Detecting Pre-Cancerous Growths; Potentially Addressing 19 Million Colonoscopies Annually &#8211; Transformative AI Colorectal Cancer Prevention\u00a0Platform Expands Medtronic Capabilities in Medical Technology Data Analytics and Insights DUBLIN, April 12, 2021 \/PRNewswire\/ &#8212; Medtronic plc\u00a0(NYSE:MDT), the global leader in medical technology, today announced the U.S. Food and Drug Administration (FDA) granted de novo clearance for GI Genius\u2122 intelligent endoscopy module in the United States. The GI Genius module is the first and only commercially available computer-aided detection (CADe) system using artificial intelligence (AI) to identify colorectal polyps. The module, compatible with any colonoscope video, provides physicians with a powerful new solution in the fight against colorectal cancer \u2014 the third most common form &hellip; Continue reading &quot;U.S. FDA Grants De Novo Clearance for First and Only Artificial Intelligence System for Colonoscopy; Medtronic Launches GI Genius\u2122 Intelligent Endoscopy Module&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-fda-grants-de-novo-clearance-for-first-and-only-artificial-intelligence-system-for-colonoscopy-medtronic-launches-gi-genius-intelligent-endoscopy-module\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-12T11:03:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/1435914\/Medtronic_GI_Genius_intelligent_endoscopy_module.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/u-s-fda-grants-de-novo-clearance-for-first-and-only-artificial-intelligence-system-for-colonoscopy-medtronic-launches-gi-genius-intelligent-endoscopy-module\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/u-s-fda-grants-de-novo-clearance-for-first-and-only-artificial-intelligence-system-for-colonoscopy-medtronic-launches-gi-genius-intelligent-endoscopy-module\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"U.S. FDA Grants De Novo Clearance for First and Only Artificial Intelligence System for Colonoscopy; 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Medtronic Launches GI Genius\u2122 Intelligent Endoscopy Module - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-fda-grants-de-novo-clearance-for-first-and-only-artificial-intelligence-system-for-colonoscopy-medtronic-launches-gi-genius-intelligent-endoscopy-module\/","og_locale":"en_US","og_type":"article","og_title":"U.S. FDA Grants De Novo Clearance for First and Only Artificial Intelligence System for Colonoscopy; Medtronic Launches GI Genius\u2122 Intelligent Endoscopy Module - Market Newsdesk","og_description":"PR Newswire &#8211; The GI Genius\u2122\u00a0Module Assists Physicians in Detecting Pre-Cancerous Growths; Potentially Addressing 19 Million Colonoscopies Annually &#8211; Transformative AI Colorectal Cancer Prevention\u00a0Platform Expands Medtronic Capabilities in Medical Technology Data Analytics and Insights DUBLIN, April 12, 2021 \/PRNewswire\/ &#8212; Medtronic plc\u00a0(NYSE:MDT), the global leader in medical technology, today announced the U.S. Food and Drug Administration (FDA) granted de novo clearance for GI Genius\u2122 intelligent endoscopy module in the United States. The GI Genius module is the first and only commercially available computer-aided detection (CADe) system using artificial intelligence (AI) to identify colorectal polyps. The module, compatible with any colonoscope video, provides physicians with a powerful new solution in the fight against colorectal cancer \u2014 the third most common form &hellip; Continue reading \"U.S. FDA Grants De Novo Clearance for First and Only Artificial Intelligence System for Colonoscopy; Medtronic Launches GI Genius\u2122 Intelligent Endoscopy Module\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-fda-grants-de-novo-clearance-for-first-and-only-artificial-intelligence-system-for-colonoscopy-medtronic-launches-gi-genius-intelligent-endoscopy-module\/","og_site_name":"Market Newsdesk","article_published_time":"2021-04-12T11:03:33+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/1435914\/Medtronic_GI_Genius_intelligent_endoscopy_module.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-fda-grants-de-novo-clearance-for-first-and-only-artificial-intelligence-system-for-colonoscopy-medtronic-launches-gi-genius-intelligent-endoscopy-module\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-fda-grants-de-novo-clearance-for-first-and-only-artificial-intelligence-system-for-colonoscopy-medtronic-launches-gi-genius-intelligent-endoscopy-module\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"U.S. FDA Grants De Novo Clearance for First and Only Artificial Intelligence System for Colonoscopy; 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