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digital health

Two of Tatton’s Medtech clients featured in an industry ‘ones to watch’ list.

December 8, 2020 By Mark Clayton

Big AI projects in medicine to watch in 2020

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Significant, transformational grants won for both this year – 2021 should see them rocket in growth 🚀 #grants #innovateuk #disrupt #tattonconsulting #startups #innovation #venturecapital

Artificial intelligence (AI) is beginning to touch medicine in many different ways, from making diagnoses to triaging patients. Many AI enterprises will make headlines in 2020:

GlobalData’s medical devices writer Chloe Kent singles out three big projects to watch this year.

Abtrace battles against antimicrobial resistance

Kent says:

Antimicrobial resistance (AMR) is one of the greatest ongoing threats to global health, estimated to cause 25,000 deaths and 2.5 million extra hospital stays per year in Europe alone.

Leading the fight against antimicrobial resistance in the tech world is Abtrace, an AI platform designed to help clinicians prescribe the most appropriate antibiotic for each individual patient they see in their practice. When around 30% of antibiotic prescriptions are inappropriate, this couldn’t come at a more vital time.

The platform makes its recommendations through a process known as natural language processing (NLP), where a patient’s healthcare notes are processed through Abtrace’s augmented decision-making tool. In seconds, it presents a recommendation for whether or not an antibiotic should be prescribed, and which antibiotic would be appropriate if so.

Abtrace is a European Institute of Technology Health (EIT Health) Wild Card Project, and will receive up to €2m from the organization to help commercialize the product.”

Pexxi genetic testing aims to decode contraception

Kent says:

Many women who choose to use hormonal contraceptives, such as the pill, implant or ring, have to navigate several different options through trial-and-error until they are able to find a medication that works for them.

The side effects associated with hormonal contraceptives, such as acne, weight gain, anxiety and depression, can have a huge effect on a person’s life, and it can take months or even years before a woman is able to settle on one with no or only minimal adverse effects.

Healthtech start-up Pexxi is aiming to end the contraceptive roulette wheel through AI-powered genetic testing. Users give Pexxi a spit sample, which contains enough information about where their progesterone and estrogen levels naturally sit, as well as whether they have any genetic predispositions to the potential side-effects of one type of pill over another. Pexxi then provides a list of the contraceptive pills the person is most likely to tolerate, with plans to eventually expand to include the implant and ring as well. Pexxi is currently in beta-testing stages, with a plan to eventually reach customers through a 23andMe-style model where they’ll pay a fee to use its services.”

Source:

GlobalData

Filed Under: Uncategorized Tagged With: digital health, funding, grants, innovateUK, innovation, medtech

Tatton appointed the official Grants Partner of KQ Labs @ The Francis Crick Institute

November 11, 2020 By Mark Clayton

Run once a year by the Crick and supported by LifeArc, ten start-ups with the potential to make an impact on global health outcomes have access to unrivalled support and resources.

KQ Labs helps early-stage data-driven health startup founders to validate their ideas and put their startups on a path to receive investment from business angel investors, venture capital and other sources including non-dilutive funding in the form of grants.

The accelerator is called KQ Labs to represent the ‘Knowledge Quarter’ area around the King’s Cross, Euston and Bloomsbury regions of the city. The KQ Labs accelerator represents a unique opportunity to foster a vibrant ecosystem for data-driven health.

The 16-week programme includes funding (£40k) in the form of a convertible loan, weekly workshops with experts tailored to digital health, training in transferable skills, mentoring by a hand-picked network of experts, and discussions with investors and corporates. In addition, the KQ Labs network facilitates access to data (eg from Health Data Research UK or Genomics England) for start-ups that need to validate their technology further. The programme culminates in a Demo Day, when the startups pitch their propositions to potential investors and partners. All selected startup teams have access to a powerful network of global experts in entrepreneurship, health sector expertise, data science and investment strategies.                                                                           

KQ Labs logo

The KQ Labs accelerator programme

  • Specialised investor introductions
  • Introductions to major corporates, especially pharma
  • Mentoring opportunities with a hand-picked network of experts
  • Tailored and customised weekly workshops covering:
    • Data accessibility and ethics
    • Finance and fundraising
    • Customer and market focus
    • Leadership and team building
    • Communications and pitching practice
    • Regulatory requirements
    • Protecting Intellectual Property
    • Corporate legal aspects
    • Market access (UK and international)
    • Scaling
    • Grant funding and writing

Alumni

Find out more about the previous cohorts of KQ Labs start-ups on our alumni page.

Filed Under: Uncategorized Tagged With: digital health, grants, innovateUK, innovation, KQ Labs, SMART

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