The MedCity INVEST Precision Medication healthcare convention earlier this month drew collectively healthcare and life science executives spotlighting many subjects tied to precision drugs. In a sequence of movies from the digital convention, we spotlight a few of these compelling conversations.
Healthcare startups are an vital a part of MedCity’s occasions. The Well being IT observe of the Pitch Good contest highlights the work of 5 healthcare startups.
They embody:
Destroke is a digital well being firm growing a cellular app for automated scientific stroke detection. This app makes use of speech, face, and movement recognition applied sciences to detect the indicators of stroke, primarily based on the validated NIH stroke scale, and might report these findings to sufferers, family members, telestroke suppliers, healthcare suppliers, and EMS. This app is meant for use by these in danger for stroke, reminiscent of sufferers who’ve had a stroke or these with cardiovascular danger elements, in addition to healthcare suppliers who might not have experience in stroke detection.
CEO: Evan Noch, MD
Headquarters: New York, NY
DrugViu’s digital platform makes medical analysis extra inclusive and accessible by making it simple for various individuals dwelling with autoimmune ailments to contribute their scientific grade information to analysis and take part in scientific analysis.
CEO: Kwaku Owusu
Headquarters: New York, NY
Backdrop Well being, Inc. has created novel machine-learning and AI software program that maximizes the worth of digital medical data, enabling a brand new degree of precision predictive drugs. Backdrop’s answer radically extends the established idea of comorbidity (the incidence of a couple of situation in a affected person at a time, reminiscent of weight problems and diabetes). Given any physique of medical data our software program creates the backdrop for these data. A backdrop is a wealthy and complete information graph that captures the connection of each scientific and demographic issue to each different issue. Querying the backdrop can deliver huge advantages to scientific trials of latest medication, making it simpler for pharmaceutical corporations to deliver new therapies to market, and to all features of personalised drugs, enabling well being care suppliers to preemptively determine well being points and enhance affected person outcomes. Backdrop Well being was launched in 2020 to commercialize this mature expertise developed over 4 years at The College of Utah.
CEO: Jerry Rudisin
Headquarters: Salt Lake Metropolis, UT
Parallel Profile is on a mission to avoid wasting lives and billions in wasted healthcare spending by stopping opposed drug reactions.
CEO: Cathy Cather
Headquarters: Fort Lauderdale, FL
Siris Medical
As a result of oncology is so advanced, therapies are extremely patient-specific, and outcomes are closely depending on clinician experience and expertise. This complexity is much more difficult for healthcare payers, which have restricted scientific data to evaluate worth for remedy authorization. These challenges may cause remedy delays and subpar care. Siris Medical’s AI-driven decision-support software program solves these challenges concurrently by offering high-quality care insights for clinicians, whereas automating prior authorization, leveraging a large, skilled library of over 25,000 affected person therapies built-in into scientific workflow.
CEO: Colin Carpenter, PhD
Headquarters: Burlingame, CA and Boston, MA
The judges are:
Siddarth Sridhar is a company improvement affiliate with Centene’s world M&A gaggle.
Aron Starosta is VP of Commercialization and New Ventures, College Metropolis Science Heart.
To seek out out who gained, click on right here.
To learn to apply for the Pitch Good contest at INVEST 2021, click on right here.
Featured Picture: Adam Taylor, Getty Pictures