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flag Ferronova raised $6M to advance nanoparticle tech that improves cancer detection in surgery, with a clinical trial underway and U.S. expansion planned.

flag Australian medtech company Ferronova has raised $6 million to advance its nanoparticle-based image-guided surgery technology, designed to improve cancer detection during operations, particularly for stomach and oesophageal cancers. flag The system uses super-paramagnetic iron oxide nanoparticles to highlight cancerous cells in lymph nodes, aiming to reduce undetected residual disease. flag The funding, led by existing investors including Uniseed/UniSuper and Renew Pharmaceuticals, brings total Series A financing to $17.5 million. flag A 60-patient clinical trial is underway across major Australian research centers, with 54 patients enrolled and results expected in early 2026. flag The company plans to expand into the U.S. and aims to improve surgical precision for the 1.8 million people diagnosed globally with these cancers annually.

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