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Scantek Medical files for Chapter 11 voluntary bankruptcy

Scantek Medical, a medical device company, has filed a voluntary petition in the US Bankruptcy Court pursuant to Chapter 11 of Title 11 of the US Code.

Scantek has also shipped 35,000 units of its BreastCare/BreastAlert differential temperature sensor product (BreastCare) to a medical equipment supplier for hospitals and doctors in Brazil (the ‘purchaser’).

The purchaser paid Scantek an aggregate of $100,000 to date, and will pay the balance of the purchase price 180 days after its receipt of the units, the company said.

BreastCare is a single-use medical device which detects tissue heat differentials between the breasts. The pads are placed inside of a woman’s bra for 15 minutes, after which the device registers a digital reading of the heat conducted from within the breast tissue.

BreastCare has received marketing clearance from the FDA to be used by physicians as an adjunct to clinical breast examination, mammography and other established modalities for the detection of breast disease.