FINWIRES · TerminalLIVE
FINWIRES

DiagnosTear Seals Deal to Commercialize Eye Imaging Platform

By

DiagnosTear (DTR.CN) on Tuesday said it reached a deal to commercialize the Clarify eye imaging platform developed by Sheba Impact and Tel Aviv University.

Clarify enables AI-driven blood analysis through a simple eye scan, eliminating the need for needles and traditional blood draws. If successfully developed and clinically validated, Clarify could provide instant measurement of critical blood markers such as red blood cells, hemoglobin and potentially white blood cells and other biomarkers through a quick, needle-free eye scan, a statement said.

Under the agreement, DiagnosTear receives exclusive global rights to develop, manufacture, and commercialize Clarify-based products. The licensors retain ownership of the underlying intellectual property.

Key terms include a 3% royalty on annual net sales up to US$20 million.

"This agreement secures exclusive access to a technology that could redefine how blood diagnostics are performed at some selected common clinical scenarios," said Dr. Shimon Gross, DiagnosTear chief executive.

DiagnosTear shares closed unchanged at $0.30, on the Canadian Securities Exchange.

Related Articles

Oil & Energy

EIA Cuts Henry Hub Forecasts for 2026, 2027 as US Production Rises, Inventories Build

The Energy Information Administration has lowered its Henry Hub spot price forecast for 2026 to $3.50 per million British thermal units, down from $3.67/MMBtu in April, the agency said in its Short-Term Energy Outlook for May released Tuesday.It has also lowered its 2027 Henry Hub spot price forecast of $3.59/MMBtu to $3.18/MMBtu, a downward revision of about 11.5%.The revisions were in anticipation of heightened production. "With higher production, we expect natural gas injections into storage during the April-October injection season to be above average," the EIA said.It added that the Henry Hub price is expected to average $2.83/MMBtu in Q2 2026, about 11% lower than a year earlier.US dry natural gas production will rise to 110.6 billion cubic feet per day in 2026 from 107.7 Bcf/d in 2025 before increasing further to 115 Bcf/d in 2027, the EIA forecast showed.US natural gas consumption will ease to 91.24 Bcf/d in 2026 from 91.88 Bcf/d in 2025 before rising to 94.42 Bcf/d in 2027, according to the EIA outlook.The EIA expects US LNG exports to increase to 17 Bcf/d in 2026 from 15.1 Bcf/d in 2025 before climbing further to 18.2 Bcf/d in 2027.The EIA forecasts US natural gas inventories will end the injection season on Oct. 31 at 7% above the previous five-year average.US marketed natural gas output rose 4% to average 120.2 Bcf/d in Q1 2026, compared with the year-ago period."We expect production to keep rising through 2027, with associated natural gas output increasing as higher crude oil prices support more crude oil production," the EIA said.Output growth of about 6% in both the Permian and Haynesville regions pushed natural gas production levels higher.EIA raised its forecast of marketed natural gas production by 1% in 2026 and by 2% in 2027 compared with last month's forecast. This upward revision was based on EIA analysis that shows rising gas-to-oil ratios from many wells in the Permian region.US liquefied natural gas export capacity surged by about 0.9 billion cubic feet per day in April, driven by the first cargo shipped from Golden Pass LNG Train 1 and Corpus Christi Stage 3 additional production, EIA data showed."Corpus Christi Train 6 is scheduled to come online in summer 2026, adding an additional 0.2 Bcf/d of nominal export capacity, but long lead times for adding new export capacity will constrain growth in US LNG exports," the EIA said.However, global LNG prices remain supported by reduced flows through the Strait of Hormuz and a wide spread between US domestic natural gas prices and international markets."Our March and April export estimates are the second- and third-highest ever, behind December 2025 (18.4 Bcf/d)," EIA said.EIA data showed that LNG exports fell to 17.6 Bcf/d in April from 18.1 Bcf/d in March, dragged down by milder weather globally and lower spot-market demand.

Oil & Energy

US Oil Update: Crude Rallies as US-Iran Impasse Dashes Hopes for Peace Deal

Crude oil futures surged in midday trading on Tuesday as prospects for a peace deal to end the conflict between the US and Iran dimmed, as the two countries' stark differences pushed global supply concerns back to the fore.Front-month West Texas Intermediate crude futures rose by 3.40% to $101.44 per barrel, while Brent futures were up 2.97% to $107.30/bbl.On Monday, President Trump said that the ceasefire with Iran was on "life support," citing differences over Iran's demands to end hostilities on all fronts, lifting of a US naval blockade, the resumption of Iranian oil sales and compensation for war damage.Tehran also emphasized its sovereignty over the Strait of Hormuz, a strategic waterway that normally handles about 20% of global oil and liquefied natural gas.During a White House interaction with reporters on Monday, Trump said that the response from Iran to his latest offer was a "piece of garbage", while noting that "it's just a question of time" with Tehran, the US does not need to rush.Iran's parliament speaker Mohammad-Bagher Ghalibaf posted on X on Tuesday, "There is no alternative but to accept the rights of the Iranian people as laid out in the 14-point proposal."Separately, Ebrahim Rezaei, a spokesperson for the Iranian parliament's foreign policy and security committee, said the country could enrich uranium to up to 90% purity if the US-Israeli alliance launches another attack, according to Iranian media."Oil prices climbed for a second day as the global oil market continued to tighten amid limited prospects for a reopening of the Strait of Hormuz," Saxo Bank strategists said in a note Monday.Meanwhile, shipping via the Hormuz has slowed to a trickle, with data analytics firm Kpler projecting that 79% of 53 vessels which entered the Persian Gulf before the outbreak of the conflict are unable to exit.Daniel Hynes, senior commodity strategist at ANZ, said Trump is considering renewing Project Freedom, aimed at guiding vessels through the Strait.The first attempt triggered attacks by Iranian forces on a US military vessel and the UAE's key oil export facility at Fujairah, Hynes said.On the supply front, disruptions to crude oil production in the Middle East have surged since April, with major Gulf producers collectively shutting in about 10.5 million barrels per day, according to the US Energy Information Administration's latest Short-Term Energy Outlook.The EIA said Iraq, Saudi Arabia, Kuwait, the UAE, Qatar and Bahrain have all curtailed output amid the ongoing Middle East conflict, with the Hormuz assumed to remain effectively closed until late May.The agency now projects global crude inventories to fall by an average of 8.5 million barrels per day in Q2, while prices will average $89 per barrel by Q4.

Oil & Energy

EIA to Release Quarterly Energy Security Dataset on Global SPRs, Shipping Chokepoints

The US Energy Information Administration will start releasing a new quarterly energy security dataset from Wednesday, the agency said in a Tuesday update.The dataset will include information on global Strategic Petroleum Reserves and petroleum and liquefied natural gas flows through vital shipping chokepoints.It will be published separately from the EIA's Short-Term Energy Outlook, based on the availability of underlying datasets necessary for the analysis."The timing of resumed oil flows through the Strait of Hormuz and the subsequent rate at which Middle Eastern producers restore output are key factors influencing EIA's price forecast through year end," said Tristan Abbey, EIA Administrator.The new datasets will track global strategic stocks and shipping chokepoints for petroleum and gas markets, providing timely context and additional depth, Abbey noted.