Qritive : Artificial Intelligence Powered Pathology
Cancer is a word that strikes fear into the hearts of many. It’s a leading cause of death worldwide. The World Health Organization reports nearly 10 million deaths from cancer in 2020 alone. That’s about 1 in 6 deaths globally being cancer-related. These are not just numbers; they represent families, friends, and loved ones. Qritive is one such revolutionary company that makes diagnosis more efficient with Artificial Intelligence (AI).
Lessons From Qritive
Build on Strong Foundations
The Lesson: A successful startup is built on a foundation of thorough research and a clear understanding of the industry’s needs. Solid groundwork ensures your solution is not just innovative but also relevant and necessary. It sets the stage for meaningful impact.
Implementation: Conduct extensive market research. Understand your target audience’s pain points and how your product can solve them.
How Qritive Implements It: Qritive backed their AI solutions with extensive research and collaboration with pathologists. They understood the specific needs of cancer diagnosis and tailored their technology accordingly.
Prioritize Compliance
The Lesson: Ensuring high standards and regulatory compliance is non-negotiable. It builds trust with customers and regulatory bodies crucial for success especially in healthcare and tech industries.
Implementation: Adhere to industry standards, certifications, and regulatory requirements.
How Qritive Implements It: Achieving certifications like ISO 13485 for their quality management system.
Data is Gold
The Lesson: Collecting and analyzing data can unveil opportunities and enhance decision-making. Leveraging data drives precision in product development and tailoring to market needs.
Implementation: Utilize big data analytics to inform strategy and product development.
How Qritive Implements It: Analyzing over 400,000 patient samples to refine their AI algorithms.
Global Mindset
The Lesson: Think beyond local borders to tap into international markets for expanded opportunities. A global approach opens up larger markets and diverse revenue streams, securing long-term growth.
Implementation: Design products and strategies that cater to a global audience.
How Qritive Implements It: Making their AI solutions applicable and available to healthcare providers worldwide.
Embrace Cutting-Edge Technology
The Lesson: Stay ahead by leveraging the latest technologies to solve real-world problems. It positions Qritive as a leader in healthcare innovation, showcasing the power of AI in improving patient care.
Implementation: Research and development in emerging tech sectors.
How Qritive Implements It: Qritive harnesses AI to revolutionize pathology, making cancer diagnosis faster and more accurate.
With Artificial Intelligence (AI) being the talk of town, It’s not just for techies anymore. By 2021, the AI healthcare market value hit $6.6 billion.
Limits of Traditional Tools
For years, diagnosing cancer has relied on the keen eyes of pathologists. They examine tissue samples under microscopes, looking for signs of disease. This process, while critical, is time-consuming, highly specialized, and subject to human error. As cancer cases rise, the demand on pathology services has never been higher.
Tech to the Rescue
AI and machine learning offer speed, accuracy, and efficiency far beyond traditional methods. AI doesn’t tire or get overwhelmed by volume. It can analyze thousands of cases, learning and improving with each one. Research has shown AI can match or even surpass human accuracy in identifying cancerous cells.
Two Visionaries Unite
Aneesh Sathe and Kaveh Taghipour are the brains behind Qritive. Both founders come from strong academic backgrounds, honed at the National University of Singapore (NUS). Aneesh, holding a PhD in Mechanobiology, created computer vision systems to spot cancer cells. Kaveh, with a PhD in Natural Language Processing, developed systems for extracting information and text classification.
Their expertise in imaging and data analysis, became Qritive’s foundationβ. The journey began when Aneesh and Kaveh realized the untapped potential of computational tools in pathology.
With 70% of pathologists concentrated in just 10 countries, nearly half the global population lacked basic diagnostic access. This disparity in healthcare services, coupled with the increasing complexity of diagnostics, urged them to act.
What Does Qritive Do?
Qritive makes cancer diagnosis faster, cheaper, and more accurate. How? By merging AI with pathology. Their innovative tools are designed to analyze both microscopic images and electronic medical records, offering potential diagnoses that aim to elevate the standards of patient care.
Qritive’s portfolio includes Pantheon TM and QAi Prostate, among others. These tools are designed to support pathologists providing critical insights needed for diagnosing cancer.
Qritive’s technology is not just limited to diagnosis. They offer a complete ecosystem for pathology. This includes preparing whole slide imaging and using deep learning techniques.
Qritive’s Game-Changing Products
Pantheon TM
Pantheon TM is the flagship product of Qritive. This AI-driven ecosystem is transforming pathology by digitizing the entire workflow. From case management to AI analysis of whole-slide images. It helps pathologists examine slides digitally.
QAi Prostate
QAi Prostate is a targeted solution for prostate cancer. This AI module accurately identifies prostate cancer from biopsy slides. It employs deep neural networks to grade cancer, significantly reducing manual measurement errors and enhancing diagnostic precision.
Other AI Modules
Qritiveβs suite of AI modules extends to lymphadenopathy, breast, colon cancer, and more. Each module is designed to improve diagnostic confidence by analyzing immunohistochemistry and grading diseases accurately, streamlining pathologists’ work and optimizing patient outcomes.
Pantheon Academy
Itβs where Qritive shares its knowledge. Pathologists and scientists learn about AI in pathology here.
The Tech That Makes It Happen
Whole Slide Imaging (WSI) is the foundation of Qritive. WSI involves scanning or digitizing entire glass slides containing tissue specimens into high-resolution digital images. Qritive uses over 400,000 patient samples. This vast data pool trains its algorithms, making them incredibly accurate.
They’re designed to mimic and enhance the expert eye. These algorithms can spot what humans might miss. Deep learning digs into data, finding patterns no human eye could catch. Pathologists train Qritive’s algorithms. This blend of human expertise and AI precision creates a powerful diagnostic tool.
What is Whole Slide Imaging?
The core of WSI technology is the scanner, equipped with high-quality optics, precise mechanical movements, and cameras capable of capturing images at different magnifications.
Scanners convert the physical slides into digital images by taking multiple high-resolution pictures of different sections of the slide and stitching them together seamlessly. This process captures every detail of the slide, allowing pathologists to zoom, scan, and analyze with a click.
Recognition And Partnerships
The implementation of Qritive’s technology in pathology practices has led to clinical studies showing up to 90% faster diagnoses and 80% less discordance. Achieving Class C IVD certification from Singapore’s Health Sciences Authority (HSA) is a testament to Qritive’s high standards. Class C devices are recognized for their demanding rigorous review and quality assurance.
Qritive’s AI has also integrated with Corista’s advanced digital image management. Looking forward, they plan to rope in 4,000 pathologists into their network. They also have partnered with Metropolis Healthcare, Rajiv Gandhi Cancer Institute, and CΕRE Diagnostics in India to bolster AI adoption in pathology workflows.
Financial Milestones
Qritive started its journey with a kickstart from an accelerator program, bagging $56.2K. As it began showing promise, early stage VCs saw potential, injecting another $600K into the startup. The big leap came on January 9, 2023. Qritive secured a whopping $7.5M in a Series A funding round. This round was led by heavyweights such as MassMutual Ventures, SEEDS Capital, and Exfinity Venture Partners.
A Future Shaped by AI
Cancer diagnosis could be lightning-fast and pinpoint accurate. This is what Qritive is building. Let’s watch where Qritive goes next. Dive deeper. Ask questions. Seek answers. Whether you’re a future entrepreneur, a healthcare professional, or simply someone fascinated by this new era in technology, your curiosity can lead to the next big breakthrough.
Questions To Ponder
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