Check-Cap Ltd. (Check-Cap), incorporated on April 5, 2009, is a clinical-stage medical diagnostics company. The Company is engaged in the development of an ingestible imaging capsule that utilizes low-dose X-rays for the detection and imaging of colonic polyps and colorectal cancers, or CRC. The Company's system consists of main components, such as ingestible scanning capsule; Capsule Positioning System (CPS), a recorder worn on the patient's back, and a personal computer (PC)-based work station for data reconstruction and image processing.
The Company's scanning capsule will be swallowed and propelled by natural motility through the gastrointestinal tract and excreted naturally with no need for retrieval for data collection. Its scanning capsule employs low-dose X-rays, which allow the system to image the interior lining of the colon even when surrounded by intestinal content.
The Company's capsule transmits information to a receiving device worn on the patient's body that stores the information for off-line analysis. Its capsule consists of an X-ray source and several X-ray detectors. The X-ray source is contained in a rotating radiation shield, enabling the generation of 360-degree angular scans.
The Company's scanning capsule was designed to measure, collect and transmit the clinical data, and consists of various components, such as X-ray source, collimator, X-ray sensor, tilt sensor, rotation motor, compass sensor, source concealment mechanism, batteries, memory and CPS coil. The Company's CPS is a disposable system of biocompatible stickers. CPS tracks the imaging capsule's positioning and orientation across the gastrointestinal tract transition, control the capsule scan mechanism through an embedded scan control algorithm, capture imaging data from the capsule through radio frequency communication to a non-volatile memory device and enable data retrieval through wired or wireless communication to an external processor. The Company's workstation technology is a personal computer-based software package designed to retrieve and process clinical data from the CPS and to reconstruct and produce three-dimensional (3D) visualization of the colon surface. The workstation consists of various software components, such as communication driver software, data processing software, and data display and management software.
The Company competes with Olympus, Pentax, Richo Company Ltd., Hoya, Covidien plc, Fuji Film, General Electric Healthcare Systems, Siemens Medical Solutions, Philips Medical Systems Ltd., Toshiba Corporation, IntroMedic, RF System, Exact Sciences and CapsoVision.
Check-Cap Building
The company trades on NASDAQ exchange. The company headquarter is located in Israel. The company was established in the 2004.| Ticker | CHEK |
| Long Name | Check-Cap Ltd. |
| Short Name | Check-Cap |