sam patrick posted an articlePensievision earns a rare perfect score from the National Institutes of Health (NIH) on its grant applicationNIH recognizes outstanding performance bySouth Carolina organization see more
Pensievision, the Charleston based company that develops AI-based, 3D medical imaging technologies, earned a rare perfect score from the National Institutes of Health (NIH) on its grant application for developing a low-cost, handheld, 3D imaging system for improved screening of cervical neoplasia, to help prevent cervical cancer. The grant funds awarded by the National Cancer Institute (NCI) will be used for a clinical study, in collaboration with the University of California, San Diego (UCSD).
The proposal submission, led by Pensievision’s CTO, Dr. Joe Carson, who is also an Associate Professor in the Department of Physics & Astronomy at College of Charleston, received a perfect score of 10, ranking in the top one percentile of all grants submitted to the NIH.
The NIH review board indicated that “the proposal was perceived as exciting, highly innovative, extremely significant, with an exceptional investigative team, and outstanding environment”.
“We knew that we wrote a strong grant proposal, but we were still surprised by the rare perfect score” says Tal Almog, Pensievision’s Co-founder and President. “We are honored and very excited with the opportunity to enhance screening and diagnostic technologies that could save lives”
Earlier this year, Pensievision completed development of CervImage™, the world’s first portable colposcope capable of producing high-resolution 3D images to assist in early-stage detection and analysis of pre-cancer cervical lesions. The team decided to focus on cervical cancer (the third most common cancer worldwide and the leading cause of cancer death in women in developing economies) where screening efforts in low resource communities have only achieved limited success due to lack of laboratory infrastructure, shortage of trained personnel, and high costs, leading to high mortality rates. CervImage™ could improve existing screening methods by offering a point of care screening & diagnostics solution to enable single-visit screen-and–treat without the need for return visits or lab results.
Experienced Team and Advisory Board
Pensievision was founded by a unique team of four interdisciplinary professionals: Dr. Joe Carson, a professor of Astrophysics, Dr. YT Liu, a medical doctor, Tal Almog, a technology entrepreneur/executive, and Ben Carson, a business attorney. They are assisted by a seasoned advisory board, including Dr. Dennis Carson, a renowned cancer researcher and the former Director of the UCSD Moores Cancer Center, and Raymond McDaniel, CEO and President of Moody’s Corporation, a $50B financial services company.
Novel Imaging Technology
The company develops medical-grade 3D imaging technologies using Dr. Carson’s untraditional approach of borrowing imaging techniques used in astronomy, such as for NASA’s space telescopes. He used his own experience in extraterrestrial imaging, including his direct-imaging discovery of a ‘super-Jupiter’, and his discovery of the coldest imaged companion of a sun-like star (which was recognized as ‘TIME magazine top 10 science discoveries of 2009’).
Pensievision is working to miniaturize its devices and is developing a fiber-optic based endoscope to achieve precise 3D imaging of pre-cancerous lesions inside the body, including within the cervical canal, the ovaries, and the esophagus.
Pensievision’s 3D imaging software could further be adapted to applications in consumer electronics, smartphones, and digital health. The company is currently working with market-leading strategic partners to license its technology.
sam patrick posted an articleHITACHI TO EXPAND ITS CLINICAL REPORTING AND ANALYTICS FOR DIAGNOSTIC IMAGING WITH THE ACQUISITION OF VIDISTARHitachi Healthcare Americas Corp. has entered an agreement to acquire Greenville, SC's VidiStar, LLC see more
Twinsburg, OH January 9, 2018 - Hitachi Healthcare Americas Corporation, a wholly owned subsidiary of Hitachi, Ltd. (TSE: 6501) and a leading provider of medical imaging modalities to hospital and ambulatory clients nationwide, today announced that it has entered into an agreement to acquire VidiStar, LLC, a Greenville, SC-based company focused on reinventing how doctors review and report on diagnostic exams to drive productivity, portability, and improved communication and clinical decision making. Hitachi expects that the acquisition of VidiStar will advance the company's informatics strategy and analytics capabilities to improve workflow and intelligence for physicians, particularly with those providers conducting diagnostic ultrasound examinations.
"VidiStar has developed a cloud-based diagnostic viewer and customizable structured reporting solution for medical imaging and clinical decision support. With VidiStar, physicians can interpret exams over the web and deliver improved visualization and timely results with the extended care teams.” said William Burns, Senior VP, Hitachi Healthcare Americas.
“We are very excited about VidiStar becoming part of the Hitachi team and believe this partnership will further our client’s ability to reduce inefficiencies in clinical and operational workflows. We will work together to create the next generation of healthcare informatics and analytics solutions so providers and healthcare professionals can take full advantage of the power of informatics." said Craig Walker, CEO of Vidistar.
“This acquisition will add significant talent and expertise in expanding our Healthcare Informatics business at Hitachi. As the healthcare market transitions from volume to value-based care, structured reporting and advanced analytics will play a critical role in enabling and supporting this transition.” said Yasuhiko Taniguchi, CEO of Hitachi Healthcare Americas.
Structured reporting can help standardize and improve the quality of clinical reports and streamline communication among care teams while reducing errors. Advanced analytics and data mining can help identify key value drivers, improve decision making, and ensure that providers and healthcare professionals are informed and efficient in their mission to deliver high quality care.
Upon completion of the transaction, VidiStar and its employees will become part of the Hitachi Healthcare Americas business group within Hitachi. VidiStar will maintain its current headquarters office in Greenville, SC.
About VidiStar, LLC
VidiStar, LLC is based in Greenville, SC (USA) and has developed a web-based diagnostic viewer and patented structured reporting solution (US Pat. No. 8,200,505) for medical imaging and clinical decision support. VidiStar's technology allows physicians and healthcare providers the ability to read and interpret diagnostic studies over the internet for timely interpretation, improved patient diagnosis, clinical decision support, and advanced patient data analytics and notification. VidiStar is a 2012 and 2013 Innovision Award Winner and a 2008 and 2010 SCLaunch Portfolio Company.
About Hitachi Healthcare Americas Corporation
Hitachi Healthcare Americas Corporation, located in Twinsburg, Ohio, a wholly owned subsidiary of Hitachi, Ltd. offers a broad range of diagnostic imaging equipment including MRI, CT and Ultrasound. Hitachi’s MRI, CT and Ultrasound technologies provide speed, comfort and quality for both physicians and patients alike and play an important role in the diagnosis and treatment of disease while driving social innovation into healthcare. Visit www.hitachihealthcare.com.
About Hitachi, Ltd.
Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, delivers innovations that answer society’s challenges. The company’s consolidated revenues for fiscal 2016 (ended March 31, 2017) totaled 9,162.2 billion yen ($81.8 billion). The Hitachi Group is a global leader in the Social Innovation Business, and it has approximately 304,000 employees worldwide. Through collaborative creation, Hitachi is providing solutions to customers in a broad range of sectors, including Power / Energy, Industry / Distribution / Water, Urban Development, and Finance / Government & Public / Healthcare. For more information on Hitachi, please visit the company’s website at http://www.hitachi.com/.