Aclarion Expands Commercial Engagement With The London Clinic to Grow Access to Nociscan Throughout Greater London
25 Giugno 2024 - 2:30PM
Aclarion, Inc.,
(“Aclarion” or the “Company”) (Nasdaq: ACON,
ACONW), a healthcare technology company that is leveraging
biomarkers and proprietary augmented intelligence algorithms to
help physicians identify the location of chronic low back pain,
announced today they are extending their commercial agreement with
the prestigious London Clinic in London, UK. The contract extension
establishes a higher price point for Nociscan, engages The London
Clinic to secure payer coverage decisions from leading private
health insurers, and aligns Aclarion with The London Clinic in
expanding access to referring physicians throughout the greater
London market.
“Aclarion uses MR spectroscopy to analyze the physiological
status of lumbar intervertebral discs. Being able to quantify the
chemical biomarkers content of discs in chronic low back pain
patients adds an entirely new dimension of clinically relevant
information that anatomical imaging alone simply can't provide,”
said Dr. Simon Blease, Consultant Musculoskeletal Radiologist.
“Having progressed through a careful integration of Nociscan into
patient care pathways, we have found compelling results in over 20
patients so far. We are convinced this will be a game changer for
how we will evaluate and plan treatment for this common and
distressing clinical condition."
The initial contract with The London Clinic was aimed at
allowing The London Clinic physicians to evaluate the clinical
value of Nociscan in treating their chronic low back pain patients.
After utilizing Nociscan in just 20 patients, the physicians saw
enough value to support a contract extension aimed at increasing
access to Nociscan for patients. Increased access is being pursued
through outreach to referring physicians, increasing the
reimbursement to Aclarion, and approaching the payer community to
secure private insurance coverage for Nociscan.
“The UK is an important global market, and London specifically
represents the large, dynamic nature of sophisticated healthcare,”
said Brent Ness, Chief Executive Officer at Aclarion. “We are
pleased to extend our relationship with The London Clinic as the
Nociscan hub throughout greater London, a market with over nine
million residents. The London Clinic and their referring physicians
have become exemplary partners delivering world-class spine care
while serving as validation of our process to drive Nociscan to
standard of care. We started with an initial evaluation contract
for physicians to become familiar with the unprecedented biomarker
data Nociscan provides and how to apply that data for surgical
decisioning. After only 20 patients The London Clinic took the
initiative in extending the contract by increasing the payment rate
for Nociscan, advocating with payers for coverage, and working with
Aclarion to expand access to referring physicians. This is the
exact process we are pursuing with our KOLs across the U.S. at
similarly prestigious institutions and we believe we will achieve
similar results.”
Chronic low back pain (cLBP) is a global healthcare problem with
approximately 266 million people worldwide suffering from
degenerative spine disease and low back pain. Low back pain has
been estimated to affect up to one third of the UK adult population
each year.
For more information about The London Clinic, please visit:
www.thelondonclinic.co.ukFor more information about the London
Spine Clinic, please visit: www.londonspineclinic.com
About Aclarion, Inc.
Aclarion is a healthcare technology company that leverages
Magnetic Resonance Spectroscopy (“MRS”), proprietary signal
processing techniques, biomarkers, and augmented intelligence
algorithms to optimize clinical treatments. The Company is first
addressing the chronic low back pain market with Nociscan, the
first, evidence-supported, SaaS platform to noninvasively help
physicians distinguish between painful and nonpainful discs in the
lumbar spine. Through a cloud connection, Nociscan receives
magnetic resonance spectroscopy (MRS) data from an MRI machine for
each lumbar disc being evaluated. In the cloud, proprietary signal
processing techniques extract and quantify chemical biomarkers
demonstrated to be associated with disc pain. Biomarker data is
entered into proprietary algorithms to indicate if a disc may be a
source of pain. When used with other diagnostic tools, Nociscan
provides critical insights into the location of a patient’s low
back pain, giving physicians clarity to optimize treatment
strategies. For more information, please visit
www.aclarion.com.
Forward Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995, Section 27A of the Securities Act of 1933 and Section 21E of
the Securities Exchange Act of 1934 about the Company's current
expectations about future results, performance, prospects and
opportunities. Statements that are not historical facts, such as
"anticipates," "believes" and "expects" or similar expressions, are
forward-looking statements. These forward-looking statements are
based on the current plans and expectations of management and are
subject to a number of uncertainties and risks that could
significantly affect the Company's current plans and expectations,
as well as future results of operations and financial condition.
These and other risks and uncertainties are discussed more fully in
our filings with the Securities and Exchange Commission. Readers
are encouraged to review the section titled "Risk Factors" in the
Company's Annual Report on Form 10-K for the year ended December
31, 2023, as well as other disclosures contained in the Prospectus
and subsequent filings made with the Securities and Exchange
Commission. Forward-looking statements contained in this
announcement are made as of this date and the Company undertakes no
obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise.
Disclosure
The information stated above was prepared by Aclarion and
reflects solely the opinion of Aclarion. Nothing in this statement
shall be construed to imply any support or endorsement of Aclarion
or any of its products by The London Clinic. Mr. Blease is a
shareholder in Aclarion.
Investor Contacts:Kirin M. SmithPCG Advisory,
Inc.646.823.8656ksmith@pcgadvisory.com
Media Contacts:Jodi LambertiSPRIG
Consulting612.812.7477jodi@sprigconsulting.com
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