Nano-X Imaging (Nanox) is entering into a manufacture and supply agreement with x-ray components manufacturer Varex Imaging for the latter to supply x-ray tubes for Nanox's Nanox.ARC system.
Nanox.ARC is a 3D tomosynthesis multisource imaging system that uses a proprietary and novel digital cathode x-ray source. Nanox said this has the same functionalities as legacy x-ray cathodes while allowing for lower-cost production than existing medical imaging systems. The system received 510(k) clearance from the U.S. Food and Drug Administration (FDA) in April 2023. The company added that it intends to add AI technology for improved image capturing and interpretation by radiologists.
Under the agreement, Varex will manufacture and supply the x-ray tubes in exchange for payment in the form of a revenue-sharing fee based on Nanox's pay-per-scan revenue from Nanox.ARC systems using Varex X-ray tubes worldwide. Nanox has also agreed to use Varex x-ray tubes in a minimum percentage of all Nanox.ARC systems that are deployed and operating, subject to receipt of requisite local regulatory clearance.
