News

NanoKnife Destroys Prostate Cancer In Under An Hour

Surgeons praise the game-changing therapy as a breakthrough in tumor removal procedures.

Published

8 months ago

November 22, 2023

Nour Nasir

NanoKnife

A groundbreaking “NanoKnife” operation has been developed to help fight prostate cancer. Developed by AngioDynamics, the procedure uses electrical pulses guided by MRI scanning to eradicate hard-to-reach tumors, delicately opening cell membranes and reducing the risk of damage to surrounding tissues.

Traditional treatments for prostate cancer involve radiotherapy or removal surgery, often resulting in complications. The NanoKnife therapy offers greater efficiency and could soon be used as an alternative treatment option by the UK’s NHS.

The NanoKnife trials saw six successful operations performed by surgeons from University College London Hospital (UCLH), who praised the treatment’s simplicity and speed. It is now thought that in the future, overnight hospital stays could be eliminated, reducing strain on healthcare systems.

UCLH consultant urologist Mark Emberton said: “We are delighted to have been the first hospital in the NHS to use irreversible electroporation for patients with prostate cancer. And at times like this, when the NHS is under great pressure, day surgery avoids the need for overnight stays in hospital and means that we can use our operating theaters more efficiently”.

Meanwhile, Neil Gershon, one of the recipients of NanoKnife therapy, added, “It was completed in a day, which was fantastic. After the effects of the general anesthesia subsided, I felt perfectly fine, with no discomfort. It couldn’t have gone any smoother”.

Also Read: Google Is Developing An AI Cancer-Spotting Microscope

According to experts, early studies indicate that NanoKnife and similar focal therapies could revolutionize prostate cancer treatment by attacking tumors with unparalleled accuracy. However, the road to widespread adoption depends on the success of more extensive clinical trials.

For the 50,000+ men diagnosed with prostate cancer each year, this new procedure offers a beacon of hope, with swift, effective, and minimally invasive operations redefining the standard of cancer treatment and care.

News

Mamo Completes $3.4M Funding Round To Enhance Fintech Services

The startup will use the influx of cash to expand into Saudi Arabia and across the wider GCC while improving its product offering.

Published

2 days ago

July 25, 2024

Nour Nasir

Mamo

UAE-based fintech Mamo has announced the completion of a $3.4 million funding round that will help the startup extend its market presence and improve its product offering. Investors included 4DX Ventures, the Dubai Future District Fund and Cyfr Capital.

Mamo’s platform offers “payment collection, corporate cards and expense management” to help small and medium-sized businesses consolidate and streamline their operations. With the latest influx of capital, Mamo will further develop its comprehensive suite of services and begin testing its product lines in Saudi Arabia, further extending its footprint across the GCC.

Imad Gharazeddine, co-founder and CEO of Mamo, stated: “We’ve been in the market for a while now and are incredibly proud of what our team has achieved. The holistic and expansive nature of our product offering has helped us continue to grow sustainably. This additional funding will allow us to reach our medium-term goals even faster. The support from new and existing investors is a testament to our strong expertise and the ability to deliver on our customer promise”.

Daniel Marlo, General Partner of lead investor 4DX Ventures, added: “We have immense trust in Imad’s vision, leadership and Mamo’s innovative approach to provide a user-friendly and comprehensive financial solution for SMEs that makes financial management more accessible and efficient. We are proud to partner with them and support their mission”.

Also Read: A Guide To Digital Payment Methods In The Middle East

Amer Fatayer, Managing Director of Dubai Future District Fund’s investment team, also commented: “Mamo’s localized product lines serve as an infrastructure for SME payments and spend management in UAE, a segment that is underserved by the country’s current banking infrastructure. The team has taken a product-first approach to consolidating SMEs’ financial journeys and building a fintech solution deeply embedded in a business’s core operations”.

To date, Mamo has raised around $13 million in investment funding and now boasts a team of 30 people. The company’s intuitive financial services platform has allowed over 1,000 businesses to consolidate their financial operations and significantly reduce payment fees.