Complete an IRB-approved research study in Q2 2023
Commercialization of BRAIN AGE™ in Q4 2023
TORONTO, Jan. 31, 2023 (GLOBE NEWSWIRE) — DiagnaMed Holdings Corp. (“DiagnaMed” or the “Company”) (CSE: DMED) is an artificial intelligence-driven digital health company focused on improving brain health. , today develops and commercializes BRAIN AGE™, a proprietary electroencephalogram-based (“EEG”) artificial intelligence solution for detecting and monitoring brain age in individuals, as a potential brain health solution for athletes. Updates on plans and expected milestones in 2023. Diagnosed with mental health and a neurodegenerative condition.
“For nearly two years, we have been working to develop a clinical-grade solution for BRAIN AGE™, which has been used by thousands of people working to improve the brain health of over 50 million patients worldwide. It is available in sports, mental health and neurology clinics across the United States,” said Fabio Chianelli, president of DiagnaMed. “BRAIN AGE™ has the potential to become the only simple and affordable solution for licensed professionals to detect and monitor brain age in patients. It will be available in clinics in
We have entered into an exclusive worldwide licensing agreement with Drexel University for BRAIN AGE™ intellectual property. Additionally, it has begun late-stage development under a sponsored research agreement led by Dr. John Kounios, Professor of Psychology and Brain Sciences at Drexel University. Current development of BRAIN AGE™ integrates its software components into an integrated turnkey pipeline, develops standardized EEG recording protocols, collects new EEG data from ongoing research studies, and updates the latest data The focus is on validating BRAIN AGE™ machine learning using .US Regulatory Market Approval Model
Anticipated Milestones and Market Opportunities
In Q2 2023, the company will complete an IRB-approved research study evaluating the stability and reliability of BRAIN AGE™ in 100 subjects and complete the headset, software and brain age estimation module It’s a schedule. If this is completed and successful, the company aims to obtain regulatory approval to market his BRAIN AGE™ as a clinical tool in the United States by the fourth quarter of 2023.
Commercialization and market opportunities
The company is gearing up to build a BRAIN AGE™ clinical provider network, comprising up to 10,000 licensed physicians, professionals (mental health, neurology) and It consists of a sports clinic. Provided to eligible patients. We believe the potential initial target market population for BRAIN AGE™, consisting of athletes, mental health and neurodegenerative patients, is at least 50 million in the United States alone.
almost Brain Age™
Brain age is now detected by a variety of techniques, including magnetic resonance imaging (MRI) and positron emission tomography (PET). Both are expensive, complex, time consuming, unscalable, intimidating, and require a large amount of space to operate. EEG, which measures electrical activity in the brain, shows promise with the development of the next generation of miniaturized EEG headsets. However, using EEG requires advanced and validated machine learning algorithms that precisely place nodules on a person’s head and analyze the data to predict brain age.
BRAIN AGE™ offers an alternative solution to MRI and PET scans. BRAIN AGE™ combines a proprietary 16-channel wearable EEG headset with machine learning technology to assess whether an individual’s brain is aging faster or slower than healthy individuals. This method offers a window into general brain health by detecting the combined effects of physiological, pathological, genetic, environmental, and lifestyle factors that influence the rate of brain aging. increase. Some people’s brains function like they are older than their chronological age. Other people’s brains work as if they were young. The difference between chronological age and brain age is called brain age gap. Understanding how the brain ages is thought to be important for understanding and diagnosing age-related neurological disorders and mental health conditions so that they can be detected, monitored and treated early. BRAIN AGE™ is important for understanding how neurological disorders, brain injuries, and environmental insults prematurely age the brain, and how specific interventions and lifestyles can sustain or strengthen the brain. resource. BRAIN AGE™ is intended to be affordable, easy-to-use, patient-compliant and available in physician’s offices and specialized sports, mental health and neurology clinics worldwide.
About DiagnaMed Holdings Corp.
DiagnaMed Holdings Corp. (CSE: DMED) is an artificial intelligence-driven digital health company focused on improving brain health for mental health and neurodegenerative diseases. The Company develops BRAIN AGE™, an electroencephalogram-based (EEG) artificial intelligence solution to detect an individual’s brain age for clinical and home use.Click here for details DiagnaMed.com.
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