SUNY Upstate Medical University Selects iCAD’s Xoft Electronic Brachytherapy System for Early-Stage Breast Cancer Treatment

Premier center becomes first in the region to offer intraoperative radiation therapy with the leading-edge Xoft System to advance quality patient care in New York State

NASHUA, N.H. and SYRACUSE, N.Y., Oct. 09, 2018 (GLOBE NEWSWIRE) -- (NASDAQ: ICAD), a global medical technology leader providing innovative cancer detection and therapy solutions, today announced that its is now available at . Affiliated with the State University of New York, Upstate Cancer Center is the first facility in central New York State to offer treatment of early-stage breast cancer using intraoperative radiation therapy (IORT) with the advanced Xoft System. The hospital is the only academic medical center in the area and serves 1.8 million people.

"We are pleased to be the first facility in central New York to use this technology and offer this breakthrough treatment to our patients,” said Lisa Lai, MD, Director of the Breast Cancer Program at the Upstate Cancer Center. “With the adoption of this system, the Upstate Cancer Center now offers a valuable treatment option that significantly benefits early-stage breast cancer patients by providing shorter treatment times, fewer side effects, reduced costs and improved quality of life.”

The Xoft System uses a miniaturized X-ray source to deliver one precise, concentrated dose of radiation to a tumor site at the time of breast-conserving surgery (lumpectomy). The treatment can be completed in as little as eight minutes, making it possible for appropriately selected patients to replace six to eight weeks of traditional radiation therapy with a single treatment. The Xoft System is cleared by the U.S. Food and Drug Administration (FDA), CE marked, and licensed in a growing number of countries for the treatment of cancer anywhere in the body, including early-stage breast cancer, non-melanoma skin cancer, and gynecological cancers. It has been used to successfully treat more than 15,000 patients worldwide.

“Healthcare facilities around the world are increasingly adopting the Xoft System, recognizing the unique benefits this state-of-the-art technology offers to both patients and clinicians in the fight against cancer,” said Ken Ferry, CEO of iCAD. “New York is one of the states with the highest breast cancer incidence rates, with approximately being diagnosed annually. We are pleased to join with SUNY Upstate Medical University to provide unprecedented access to this important treatment option to patients in New York State.”

 established that IORT with the Xoft System is clinically proven to be the preferred method of treatment for early-stage breast cancer as compared to external beam radiation therapy due to significant cost savings, reduced radiation exposure and improved quality of life. The research demonstrated a direct cost savings of $630 million annually for the U.S. healthcare system and $10,500 per breast cancer patient annually over the lifetime of a patient.

The new IORT treatment solution with the Xoft System is available at the Upstate Cancer Center at SUNY Upstate Medical University. Patients interested in learning more about IORT can call 1-855-964-HOPE (4673) to schedule an appointment.

About iCAD, Inc.

Headquartered in Nashua, NH, iCAD is a global medical technology leader providing innovative cancer detection and therapy solutions. For more information, visit .

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Contact:

Media Inquiries:

ARPR, on behalf of iCAD, Inc.

Paul Barren, (855) 300-8209

SUNY Upstate Medical University:

Darryl Geddes, (315) 464-4828

Investor Relations:

LifeSci Advisors, on behalf of iCAD, Inc.

Jeremy Feffer, (212) 915-2568