Which was shortlisted for its innovative breast cancer staging diagnostic system Sentimag® and Sienna+®, is one of three companies up for the MacRobert Award from the Royal Academy of Engineering.
The award is the longest-running national prize for engineering and has a reputation for spotting the next big thing in the tech sector. Entries are judged on being outstanding innovations, with proven commercial promise and tangible societal benefit and the winner will be announced on 16 July.
The news follows Endomag’s relocation of its Cambridge headquarters to larger offices due to its rapid growth this year, as well as the opening of a new US office in Austin, Texas, in preparation for expansion into the American market.
The company’s pivotal US trial of its Sentimag® and Sienna+® system is underway and significant continued growth is anticipated through international sales expansion. More than 6,000 breast cancer patients have been treated to date across Europe and Endomag is now developing systems for therapeutics in other types of cancer including melanoma, prostate, bladder, thyroid, colon and cervical.
Dr Eric Mayes, CEO at Endomag, said: “It’s fantastic to gain the recognition from such a highly-regarded award and it couldn’t have come at a more exciting time in the company’s history – being a MacRobert Award finalist is a real honour.”
Dame Sue Ion DBE FREng, Chair of the MacRobert Award judging panel, said: “Each of this year’s finalists has demonstrated remarkable drive and determination to achieve technical advances that can make a considerable difference to many aspects of our lives. The variety and standard of engineering skills behind each innovation is testament to the UK’s strength in the sector.
“Innovative engineering is the key to our future growth in the UK and we will have to make increasing use of our knowledge and creative talent if we are to take advantage of this opportunity. These three companies are great examples of engineering for growth in action.”
About Endomag Endomag is dedicated to improving the global standard cancer care for everyone, everywhere, by developing a new, effective clinical platform that uses safe magnetic fields to power diagnostic and therapeutic devices.
Endomag’s first approved products are the Sentimag® and Sienna+®, CE-approved for marketing and sales in Europe, and TGA-approved for Australasia. Sienna+® is a magnetic tracer injected into the body and the Sentimag® is used to track its presence, locating lymph nodes as part of a sentinel lymph node biopsy (SLNB) procedure.
By avoiding the need for traditional radioactive isotopes in sentinel lymph node biopsy, Sentimag® and Sienna+® improve workflow and lower costs, enhance patient comfort and quality of life, and provide a better standard of care available to everyone, everywhere.