Presentation by: Stuart Gall unlocking the potential of ......•Taught on >350,000 graded obstetric...
Transcript of Presentation by: Stuart Gall unlocking the potential of ......•Taught on >350,000 graded obstetric...
![Page 1: Presentation by: Stuart Gall unlocking the potential of ......•Taught on >350,000 graded obstetric images • Guides and supports sonographer in a live 20 week scan • Reduces scanning](https://reader033.fdocuments.in/reader033/viewer/2022060408/5f0ff92f7e708231d446cf54/html5/thumbnails/1.jpg)
Presentation by:
Stuart Gall
CEO
AIM: MED
unlocking the potential of ultrasound
UNAUDITED 2018 HALF YEAR RESULTS
![Page 2: Presentation by: Stuart Gall unlocking the potential of ......•Taught on >350,000 graded obstetric images • Guides and supports sonographer in a live 20 week scan • Reduces scanning](https://reader033.fdocuments.in/reader033/viewer/2022060408/5f0ff92f7e708231d446cf54/html5/thumbnails/2.jpg)
3
*Estimate includes Doctors, GPs, midwives, nurses
Our aim is to not only
helpmedical professionals
but to use AI to unlock
ultrasound for
everyone
![Page 3: Presentation by: Stuart Gall unlocking the potential of ......•Taught on >350,000 graded obstetric images • Guides and supports sonographer in a live 20 week scan • Reduces scanning](https://reader033.fdocuments.in/reader033/viewer/2022060408/5f0ff92f7e708231d446cf54/html5/thumbnails/3.jpg)
http://www.un.org/en/development/desa/population/publications/pdf/ageing/WPA2015_Report.pdf
▪ An aging population will cause
clinician demand to outstrip supply
▪ AI can help meet this need
▪ AI market in automated diagnosis
is valued at $3B
Healthcare trends
Accenture
https://www.accenture.com/us-en/insight-artificial-intelligence-healthcare
![Page 4: Presentation by: Stuart Gall unlocking the potential of ......•Taught on >350,000 graded obstetric images • Guides and supports sonographer in a live 20 week scan • Reduces scanning](https://reader033.fdocuments.in/reader033/viewer/2022060408/5f0ff92f7e708231d446cf54/html5/thumbnails/4.jpg)
Presentation by:
Stuart Gall
CEO
AIM: MED
TESTING
Training ultrasound specialists with hi-fidelity
SIMULATION
SIMULATION DIVISION
SUPPORTING
GUIDING
ENABLING
Supporting and enabling scanning with
deep-learning based
ARTIFICIAL
INTELLIGENCE
CLINICAL DIVISION
TRAINING
SIMULATION
MedaPhor is split into two divisions
![Page 5: Presentation by: Stuart Gall unlocking the potential of ......•Taught on >350,000 graded obstetric images • Guides and supports sonographer in a live 20 week scan • Reduces scanning](https://reader033.fdocuments.in/reader033/viewer/2022060408/5f0ff92f7e708231d446cf54/html5/thumbnails/5.jpg)
SIMULATION DIVISION
![Page 6: Presentation by: Stuart Gall unlocking the potential of ......•Taught on >350,000 graded obstetric images • Guides and supports sonographer in a live 20 week scan • Reduces scanning](https://reader033.fdocuments.in/reader033/viewer/2022060408/5f0ff92f7e708231d446cf54/html5/thumbnails/6.jpg)
Echocardiography simulator range aimed at teaching cardiology and anaesthesiology schools
General Medical and OBGYN simulator aimed at medical schools and hospitals globally
New ultra-realistic simulator aimed at the Emergency, Intensive Care and Critical Care PoCUS market
SIMULATION DIVISION Three of the world’s leading ultrasound simulator platforms
![Page 7: Presentation by: Stuart Gall unlocking the potential of ......•Taught on >350,000 graded obstetric images • Guides and supports sonographer in a live 20 week scan • Reduces scanning](https://reader033.fdocuments.in/reader033/viewer/2022060408/5f0ff92f7e708231d446cf54/html5/thumbnails/7.jpg)
-
1,000,000
2,000,000
3,000,000
4,000,000
5,000,000
6,000,000
2013 2014 2015 2016 2017 2018E
H1 H2
H1 2018 GLOBAL REVENUE UP 23% to £2.5m
• UK sales up 66% to £0.5m (2017: £0.3m)
• US sales comparable in the period at £0.7m (2017: £0.7m)
– Strong H2 expected
• ROW sales up 22% at £1.3m (2017:1.1m)
SIMULATION DIVISION – revenue performance
![Page 8: Presentation by: Stuart Gall unlocking the potential of ......•Taught on >350,000 graded obstetric images • Guides and supports sonographer in a live 20 week scan • Reduces scanning](https://reader033.fdocuments.in/reader033/viewer/2022060408/5f0ff92f7e708231d446cf54/html5/thumbnails/8.jpg)
CLINICAL DIVISION
![Page 9: Presentation by: Stuart Gall unlocking the potential of ......•Taught on >350,000 graded obstetric images • Guides and supports sonographer in a live 20 week scan • Reduces scanning](https://reader033.fdocuments.in/reader033/viewer/2022060408/5f0ff92f7e708231d446cf54/html5/thumbnails/9.jpg)
Benefits of AI in scanning
• Find anatomical structure
• Acquire an image good enough
to diagnose from
• Freeze image
• Label image and save
• Apply measurements
IMAGE AQUISITION
• Confirm structure has been
fully scanned
• Identify abnormal structures
Review
anatomyFreeze
image
Review
image
Save
image
Apply
metricsIdentify
abnormals
In a live scan, the clinician wants to concentrate on:
• Scanning the patient
• Identifying anomalies
• Diagnosing the patients condition
In protocol based scanning, they also need to:
• record an image of every key structure
IMAGE DIAGNOSIS
PHASE ONE PHASE TWO
![Page 10: Presentation by: Stuart Gall unlocking the potential of ......•Taught on >350,000 graded obstetric images • Guides and supports sonographer in a live 20 week scan • Reduces scanning](https://reader033.fdocuments.in/reader033/viewer/2022060408/5f0ff92f7e708231d446cf54/html5/thumbnails/10.jpg)
• Taught on >350,000 graded obstetric images
• Guides and supports sonographer in a live 20 week scan
• Reduces scanning time and standardises image acquisition
• 100% audit trail
• In period we have:
– Launched a CE marked pilot system into 2 UK hospitals
View completeView partially completeImage saved but invalidNo image taken
Criteria required in this image
Criteria can be completed in this or another image
SAVE IMAGE on machine e
CLINICAL DIVISION
ON PILOT IN TWO UK HOSPITALS
PHASE ONE
![Page 11: Presentation by: Stuart Gall unlocking the potential of ......•Taught on >350,000 graded obstetric images • Guides and supports sonographer in a live 20 week scan • Reduces scanning](https://reader033.fdocuments.in/reader033/viewer/2022060408/5f0ff92f7e708231d446cf54/html5/thumbnails/11.jpg)
CLINICAL DIVISION
• Automatically selects key images during scan
• Significantly reduces scanning time
• Standardises image acquisition
• Enables sonographer to focus on diagnosis
• In period we have:
– Produced working system on FASP protocol
– As seen on ITV
– Focussed on identifying OEM partners
PHASE ONE
Note: ScanNav is a pre-market product in development
![Page 12: Presentation by: Stuart Gall unlocking the potential of ......•Taught on >350,000 graded obstetric images • Guides and supports sonographer in a live 20 week scan • Reduces scanning](https://reader033.fdocuments.in/reader033/viewer/2022060408/5f0ff92f7e708231d446cf54/html5/thumbnails/12.jpg)
CLINICAL DIVISION
• Retro-fit software aimed at non-protocol driven scanning
– Kidney
– Liver
– Pancreas etc
• Software automatically detects:
– Potentially abnormal areas of anatomy
– If the area has not been completely scanned
• Lowers risk of sonographer missing abnormals
• In period we have:
– Worked on regulatory pathways
– Developed working proof of concept device
– Developed AI models for first key anatomical structure
PHASE TWO
Note: ScanNav is a pre-market product in development
![Page 13: Presentation by: Stuart Gall unlocking the potential of ......•Taught on >350,000 graded obstetric images • Guides and supports sonographer in a live 20 week scan • Reduces scanning](https://reader033.fdocuments.in/reader033/viewer/2022060408/5f0ff92f7e708231d446cf54/html5/thumbnails/13.jpg)
• AR and AI based needling assistant
– Guides operator to reduce error
– De-skills procedure to increase use
• Working POC and patent filed
• In period have worked on:
– Confirmed Innovate UK grant
– Reviewed regulatory and quality standard
pathways
– Commenced AI models for anatomical
structures
Note: NeedleGuide is a pre-market product in development
CLINICAL DIVISION PHASE TWO
![Page 14: Presentation by: Stuart Gall unlocking the potential of ......•Taught on >350,000 graded obstetric images • Guides and supports sonographer in a live 20 week scan • Reduces scanning](https://reader033.fdocuments.in/reader033/viewer/2022060408/5f0ff92f7e708231d446cf54/html5/thumbnails/14.jpg)
Automated home scanning – the future?
*Conceptualised images only. Not actual product
I Healthcheck
Result at home
Auto referral to GP
• Aim to utilise low cost consumer
scanning devices that plug into
phones
• Linking into medical database in the
cloud to provide automated
scanning at home
• In period we have:
– Focussed on identifying potential
product functionality
– Initial scopingScan at home using
ScanNav app
PHASE THREE
![Page 15: Presentation by: Stuart Gall unlocking the potential of ......•Taught on >350,000 graded obstetric images • Guides and supports sonographer in a live 20 week scan • Reduces scanning](https://reader033.fdocuments.in/reader033/viewer/2022060408/5f0ff92f7e708231d446cf54/html5/thumbnails/15.jpg)
Product summary
Estimated
potential
Market Size
up to
$1bn
up to
$50m
Launch to Market
Current 2023+2020
Simulation
Clinical
20212019 2022
Consumer
Phase 1
Phase 3
up to
$100m
Phase 2
![Page 16: Presentation by: Stuart Gall unlocking the potential of ......•Taught on >350,000 graded obstetric images • Guides and supports sonographer in a live 20 week scan • Reduces scanning](https://reader033.fdocuments.in/reader033/viewer/2022060408/5f0ff92f7e708231d446cf54/html5/thumbnails/16.jpg)
FINANCIALS
UNAUDITED 2018 HALF YEAR RESULTS
![Page 17: Presentation by: Stuart Gall unlocking the potential of ......•Taught on >350,000 graded obstetric images • Guides and supports sonographer in a live 20 week scan • Reduces scanning](https://reader033.fdocuments.in/reader033/viewer/2022060408/5f0ff92f7e708231d446cf54/html5/thumbnails/17.jpg)
UNAUDITED 2018 HALF YEAR RESULTS
Summary
• Simulation division sales increased 23% on the comparative period to £2.5m (H1 2017: £2.1m)
• Strong Revenue contribution from the newly launched BodyWorks Eve driven by high uptake
from our reseller network.
• Intelligent Ultrasound successfully integrated and new Clinical software division created
• ScanNav artificial intelligence (AI) ultrasound peer review pilot commenced in first UK hospitals
• NeedleGuide AI software development commenced
• Cash balance at 30 June 2018 of £2.5m (31 December 2017: £4.3m)
![Page 18: Presentation by: Stuart Gall unlocking the potential of ......•Taught on >350,000 graded obstetric images • Guides and supports sonographer in a live 20 week scan • Reduces scanning](https://reader033.fdocuments.in/reader033/viewer/2022060408/5f0ff92f7e708231d446cf54/html5/thumbnails/18.jpg)
CONSOLIDATED INCOME STATEMENT
![Page 19: Presentation by: Stuart Gall unlocking the potential of ......•Taught on >350,000 graded obstetric images • Guides and supports sonographer in a live 20 week scan • Reduces scanning](https://reader033.fdocuments.in/reader033/viewer/2022060408/5f0ff92f7e708231d446cf54/html5/thumbnails/19.jpg)
REVENUE ANALYSIS
![Page 20: Presentation by: Stuart Gall unlocking the potential of ......•Taught on >350,000 graded obstetric images • Guides and supports sonographer in a live 20 week scan • Reduces scanning](https://reader033.fdocuments.in/reader033/viewer/2022060408/5f0ff92f7e708231d446cf54/html5/thumbnails/20.jpg)
CONSOLIDATED BALANCE SHEET
![Page 21: Presentation by: Stuart Gall unlocking the potential of ......•Taught on >350,000 graded obstetric images • Guides and supports sonographer in a live 20 week scan • Reduces scanning](https://reader033.fdocuments.in/reader033/viewer/2022060408/5f0ff92f7e708231d446cf54/html5/thumbnails/21.jpg)
CURRENT LIABILITIES – TRADE AND OTHER PAYABLES
![Page 22: Presentation by: Stuart Gall unlocking the potential of ......•Taught on >350,000 graded obstetric images • Guides and supports sonographer in a live 20 week scan • Reduces scanning](https://reader033.fdocuments.in/reader033/viewer/2022060408/5f0ff92f7e708231d446cf54/html5/thumbnails/22.jpg)
CONSOLIDATED CASH FLOW
![Page 23: Presentation by: Stuart Gall unlocking the potential of ......•Taught on >350,000 graded obstetric images • Guides and supports sonographer in a live 20 week scan • Reduces scanning](https://reader033.fdocuments.in/reader033/viewer/2022060408/5f0ff92f7e708231d446cf54/html5/thumbnails/23.jpg)
Presentation by:
Stuart Gall
CEO
AIM: MED
unlocking the potential of ultrasound