180 likes | 188 Views
"We are here to support your startup funding journey.<br>To learn more about us please visit- https://www.equitymatch.co
E N D
PANEL DISCUSSION The future of Healthcare and life sciences in the HighTechEra Key Discussion Points 17thMarch2022
Topic 1 What is the current status of healthcare and life sciences?
Treating the Disease, not the symptom: The term “cure” means that, after medical treatment, the patient no longer has that particular condition anymore. Thus, the diseases can be cured. Healthcare and life sciences is now in an era where you do not address the symptom but cure diseases. “We have been witnessing great innovations that really gain changes, sometimes never thought about years before.” Bruno Montanari Partner at Seroba Life Sciences
Technology: Technology has also improved medical supplies and equipment which can make them easier to use, as well as provide a better experience and improve longevity. Thus, technology is transforming the way services are delivered in the field of healthcare. “Technology has an incredible play because it’s all about using what we have, to innovate and transform the patient experience in an affordable way.” Dr. Pamela Walker Healthcare investment, Value Creation and Strategy Expert
Topic 2 How can HealthTech be leveraged to improve biotech/pharma?
“The beauty of technological approaches is that you can leverage them across any component that you look at.” Simon Turner Partner at Sofinnova Partners
Data generation: Mostly work is done via machines and requires a skilled mind to make sense out of it. “We need to align the processes where all data generated from lab work becomes easily accessible and understandable by software and to make sense out of it. ” AlenaIvashenka Postdoctoral researcher at the Mount Sinai Hospital
Data Analysis: This is entering information from experiments and from anything that is done into a spread sheet or any type of software with the purpose of making sense out of it. Moreover, getting leverage information out is required by the human mind. Thus, by aligning the two processes of getting information and data putting into a spreadsheet, it will be easily accessible. Thereafter, Artificial Intelligence (AI) will make a huge amount of groundbreaking news out of this discovery.
Topic 3 Can Tech make diagnoses faster and more accurate?
There is an increase in demand for tech from patients and consumers. This is mainly because there is an increased aging population, burden of chronic conditions and an increasing consumer base. • “Taking enormously complex data sets and being able to alternatively break down very complex questions was what science have been doing for the past thousand of years very successfully.” • Simon Turner • Partner at Sofinnova Partners • Currently, we are in a stage where we have built an extremely complex model and standard for healthcare. More and more of the technologies will be applied before we even start thinking of the treatments to be used. As it is very important to improve the quality of care given to patients, these products designed with the help of Tech can aid in this process.
Topic 4 Which technology will enhance the capability and effectiveness of remote care?
Remote medical care is • a telemedicine service, which allows constant monitoring of the patient’s condition and performance of preventive and control check-ups outside medical facilities. • Anything we can see has the potential to be leveraged to bring the insights into a patient’s state of health. It is more of what it is been used for and how it is intended to use afterwards. • The majority of the end users of this technology will be individuals who are in their 70s or more.
Topic 5 If you were to do a healthcare startup today, which area would you chose to focus?
Topic 6 How to make sure the extensive promotion of AI in healthcare results in concrete and useful application?
AI in healthcare is an umbrella term to describe the application of Machine Learning (ML) algorithms and other cognitive technologies in medical settings. • This can be achieved by demonstrating that there is utility in impact. The objective and the use of the AI in the past cases must be understood. It can be seen that, in certain cases there have been no use at all whereas in certain cases is has done a fantastic task. However, in reality, it is required to make sure that there is a clear understanding of the need in order to invent or create something with the help of AI.
CLICK to watch the panel discussion To get to know more about EM visit – www.equitymatch.co