Infraredx prepares for IPO

AuntMinnie.com staff writers

Jan 19, 2015

Coronary imaging technology developer Infraredx has begun a road show in advance of its upcoming initial public offering (IPO).

Infraredx plans to offer 4 million shares of its common stock, with underwriters receiving a 30-day option to buy an additional 600,000 shares, according to the firm. The company expects the IPO price will range from $13 to $15 per share.

RBC Capital Markets, Canaccord Genuity, and BMO Capital Markets are serving as joint book-running managers for the IPO, while Oppenheimer & Co. and BTIG are co-managers. The firm's shares are expected to trade on the Nasdaq Global Market under the symbol REDX.

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Test set images with ground truth (teal, red) and model predictions (green, yellow), with true positives (green), false positives (yellow), and false negatives (red). Predictions from the 6x-YOLOv5 ensemble trained on histogram equalized input images with a y = 0.2 avalanche scheme, achieving 0.536 precision, 0.795 recall, and 0.723 F2 score. Image and caption courtesy of Scientific Reports.

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Stroke Skull Xray 400

AI proposed to help radiologists detect child abuse injuries

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Test set images with ground truth (teal, red) and model predictions (green, yellow), with true positives (green), false positives (yellow), and false negatives (red). Predictions from the 6x-YOLOv5 ensemble trained on histogram equalized input images with a y = 0.2 avalanche scheme, achieving 0.536 precision, 0.795 recall, and 0.723 F2 score. Image and caption courtesy of Scientific Reports.

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Transgender Heart

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(a) Raw example of a dynamic digital radiograph. (b) Contrast equalization using contrast-limited adaptive equalization shows improved anatomical visualization. (c) Training data is generated through manually labeling using SLEAP’s graphical user interface. (d-e) Neural network detection schematic. For each quadrant a series of two networks were used. The first identifies the quadrant center, the second using input of the first, then identifies individual anatomical landmarks within a quadrant. (d) Four neural networks were trained, each with the objective of identifying a chest quadrant centroid. The four separate quadrants are visualized as colored boxes (right upper quadrant, green; right lower quadrant, blue; left upper quadrant, red; left lower quadrant, yellow). (e) Serial centroid then anatomical identification. Two quadrant examples showing confidence maps of trained neural networks identifying quadrant centroids (left) and then anatomical confidence maps (right). Image and caption courtesy of Chest Pulmonary.

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An image illustrating the use of novel x-ray technology in crash tests.

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The tumor localization/visualization results obtained by the proposed AI algorithm. Original chest x-ray images with a lesion (red circle = radiologists’ annotation of the lesion location) and AI's lesion localization result. These examples demonstrate that the proposed technique can successfully detect humeral tumors. Image and caption courtesy of Radiology: Artificial Intelligence.

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Image of patient (upper-left) in which, according to the radiologist's report, there is only consolidation, but the algorithm detects an abnormal rib (upper-right), consolidation (lower-left), and two nodules (lower-right). It is worth noting the confusion of a consolidation with mammary tissue and of two nodules with the two mammary areolae. Image courtesy of Scientific Reports.

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