Xoran lands $8M grant for CT scanner, aims to research navigation and imaging in spine

Xoran Technologies raised $8 million through a matching grant program for its xCAT IQ mobile CT imaging platform.

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Four things to know:

1. The xCAT IQ device offers HD cranial imaging in operating rooms and ICUs.

2. A National Institutes of Health initiative will provide $4 million in research and development funds to Xoran over the next three years.

3.. Decathlon Capital Partners will provide the other $4 million through the Small Business Innovation Research grant.

4. Xoran plans to research surgical navigation and intraoperative imaging to decrease time and enhance outcomes in minimally invasive spine procedures.

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