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Daxor Corporation (NASDAQ:DXR), the global leader in blood volume measurement technology, today announced that the United States Defense Health Agency (DHA) has awarded the Company a $1.1 million sequential Phase II Small Business Innovative Research (SBIR) contract to add the capability of electronic medical record (EMR) integration to its small, portable, highly accurate, battery-powered blood volume analyzer.
"This award represents our fifth SBIR contract to support the continued development of our next generation technologies," said Michael Feldschuh, CEO of Daxor Corporation. "EMR integration into our next generation device has been identified by military and civilian subject matter experts as a valuable capability to accelerate successful commercialization. We are focused on making volume measurement easier and quicker to perform, whether in a hospital lab, on the battlefield, or at the patient bedside."
"Direct blood volume measurement has been shown to improve outcomes in a broad range of acute and chronic medical conditions," commented Jonathan Feldschuh, Chief Science Officer of Daxor. "Building on Daxor's core technology, our new devices will enable caretakers and clinicians to make precise and timely decisions for medication administration and determining patient-specific treatment."
Posted In: DXR
