CapsoVision, Inc. has entered into a development agreement with Canon Inc. for the creation of CMOS image sensor samples, crucial for evaluating functionality in capsule endoscopies. The agreement includes a total fee of approximately $4.1 million, with an initial payment of $1 million and a remaining fee contingent on the delivery of specified sensors. This strategic partnership aims to enhance CapsoVision's product offerings and secure FDA clearance for new technologies.

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