Company Profile
XLV Diagnostics Inc. is a medical device start-up company based in Thunder Bay, Ontario. The company is commercializing Dr. John Rowlands’ X-ray Light Valve (XLV) technology, which was pioneered at the Sunnybrook Research Institute and has been further developed at the Thunder Bay Regional Research Institute (TBRRI) where John Rowlands is Founding Scientific Director. XLV’s CEO is Joel Liederman, B. Eng., MBA, a senior executive with ~40 years of hands-on general management, business development and project management experience in high technology industries, including five years as a partner in an early stage company focused venture capital fund. XLV’s Chief Technology Officer of XLV is Vlad Sukhovatkin, MSc, MBA, who leads the team commercializing the process.XLV’s patent pending technology offers both exceptional performance and a substantial decrease in cost relative to conventional flat panel (typically selenium) detectors. This technology allows x-ray images to be read off of a liquid crystal layer, using a basic digital light scanner, conventional computer technology and a high-voltage power supply. Similar to the components of a digital camera, the images are quick and easy to analyze, manipulate and transfer.
XLV Diagnostics is initially focused on x-ray imaging for mammography applications, the overall market for which is over $1 billion annually. The detector system is intended to replace conventional flat plate selenium detectors in new equipment, and enables the production of much lower cost digital mammography systems.
The company has raised $700,000 in seed funding and is now seeking $3-5 million to complete prototype development and clinical validation.
- Apparatus and method for generating multiple x-ray images of an object from a single x-ray exposure. Family: US Pat. Nos. 5,847,499; 6,052,432; CA Pat. No. 2,228,325
- X-ray Light Valve based digital radiographic imaging systems – Apparatus and Method for generating multiple x-ray images of an object from a single x-ray exposure Family: US Pat. No. 7,687,792; EP Appl. No. 1 982 214; CA Appl. No. 2,641,779
- System and method for resetting photoconductive radiation detectors PCT/CA2011/050556
