The Medical Industry Briefin g
The latest news, approvals and clinical trials you need to know about this month
Australia’s electronic health record market set to reach $227.5m by 2025
Miraki Innovation has launched a $175m medical technology breakthrough fund
The amount that Altoida has raised to provide digital Alzheimer's biomarkers in augmented reality
Eli Lilly has revealed that it plans to pay Atomwise $1m for each AI-discovered drug
The amount that Japan’s medical device market is set to reach in 2025
Fears of medical equipment shortage because of
Hospital across Europe face the prospect of a shortage of critical medical supplies thanks to a growing backlog of products that still need to be re-certified under fresh EU rules due to come into force next year.
NHS trials 5G to keep patients away
The National Health Service (NHS) has opened a digital testing space in Liverpool – the Livernerds Lab – aimed at trying out the latest healthcare technologies over 5G. The idea is to monitor patients in their own homes rather than have them traipse into hospital.
Source: Digital Health London
AI-powered system for skin cancer detection
Medical imaging systems manufacturer FotoFinder Systems has developed Automated Total Body Mapping technology that enables the use of total body dermoscopy. In addition to the platform for skin cancer diagnostics, the device offers optional modules for hair diagnostics, aesthetics as well as for the management of psoriasis patients using the PASIscan.
Source: Med Tech News
New tech could provide early diagnosis for hearing conditions
New technology developed by a UK-based engineering and design consultancy, Plextek, could provide early diagnosis and treatment of debilitating hearing conditions, such as tinnitus, for people working in high-risk environments, such as manufacturing, construction and entertainment.
Source: Med Tech News
Embracing Emerging Technologies
London-based healthtech startup Feebris has received £1.1m in seed money for AI-powered disease diagnosis. The company develops machine learning algorithms that allow healthcare providers to detect complex respiratory conditions in the field. Signal processing algorithms extract important clinical insights and machine learning algorithms fuse information into actionable diagnostic outputs.
Mobile monitoring solution CompanionMX uses AI technology to produce key mental health metrics. To use, patients simply speak into their phone and the system captures voice and behavioural data, which is analysed to create a measure of the user’s mental health.
French startup Sim&Cure has developed a tool, which uses advanced computer computation to simulate the endovascular deployment and apposition of devices for the treatment of intracranial aneurysm.
Healthtech start-up NuroKor has developed a hand-held device that uses ‘quadwave microcurrent’ technology to block pain signals to the brain. The device delivers bioelectrical pulses to mimic the body's natural electrical microcurrent system through sticky pads which are attached to the skin.
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