iTech Medical, Inc. (OTCBB: IMSU) (FWB: 0IM), an information technology company, showcased the Company’s proprietary information technology platform, Muscle Pattern Recognition (MPR), at BioContact Quebec 2009.
The presentation was well received by both the conference attendees from the biomedical industry, as well as the business development and investment communities. MPR is a patented clinical tool that analyzes patterns of muscle recruitment. MPR provides detailed physiological information on muscle function that can assist in the diagnosis and treatment of back and neck injuries and illness.
“According to the U.S. Bureau of Labor Statistics, back problems make up almost 25% of all work injuries and account for a third of every dollar spent for workers’ compensation. The lowest estimate I’ve seen of the combined direct and indirect costs of back pain to the US economy is $50 billion a year, and I’ve seen estimates as high as $150 billion per year,” stated Wayne Cockburn, President and CEO of iTech Medical.
“A new EU-wide study by The Work Foundation (September 2009) found that musculoskeletal disorders (MSDs) such as back and neck pain and repetitive strain injury (RSI)-type conditions account for nearly half (49%) of all absences from work and 60% of permanent work incapacity in the EU. According to the study, the estimated cost to society in Europe is up to €240 billion every year,” added Cockburn.