Periodic Reporting for period 1 - iScan (Automated retinal scans for early detection of diabetic eye diseases through use of artificial intelligence)
Reporting period: 2023-01-01 to 2023-12-31
Current solutions for DR screening are often expensive and require extensive operator training, limiting accessibility for patients, especially in developing countries. Oivi’s device is a unique combination of automated, easy-to-use, low-cost and AI-integrated AI solutions in a highly portable design. These features will allow healthcare professionals and pharmacists to carry out screening anywhere with no prior training and address the unmet need for early screening in primary care.
Oivi’s solution will be equally relevant for low- and middle-income countries like India, as for the European and US markets. Oivi envisions moving the standard of care of screening DR from the ophthalmologist's clinic to the primary care level. This leads to a smooth patient flow between primary care and specialists and reduces patient fallout. Also, pharmacies provide excellent coverage and can make DR screening as common as blood glucose tests.
The iScan project constitutes a vital step to prepare the company’s business strategy, mature the device for its diagnostic functionalities and align it with end-user needs, regulatory standards and IP strategy. The project is expected to untap a large unmet need with the first application – DR screening and diagnosis.
The project represents a pioneering effort in healthcare innovation, with its mission to provide accessible and affordable retinal screening for diabetes patients for early retinopathy diagnosis. The significance of this project goes beyond its technological advancements; it lies in its potential to transform lives, prevent blindness, and enhance healthcare delivery.
In 2021, we started a preliminary clinical validation, collaborating with hospitals in India, where product reliability and stability are being tested. Now, we need to mature the HW design and validate it in clinical studies to reach certification and launch our MVP in 2024 in India and the US, and improve the diagnostic AI tool to integrate it and launch a second iteration of the product in 2026.
Our camera was developed to be a turning point for DR screening, especially in LMICs, by relieving the major pains Oivi’s active end-users face, as it is the first solution that offers:
1)a feasible business model. Oivi’s production price can allow for low scan prices, this is particularly important in India where 80-90% of people pay out of pocket, encouraging the diabetes population to get annually screened.
2)portability and easy-to-use allow the DR screening to be spread to sites where this is not possible today, also addressing the eye specialist shortage – most primary care centres, which are located close to the patients incl. in remote areas, do not have an ophthalmologist. Oivi’s autonomous alignment, capture and diagnostics allow for DR screening to be performed by non-trained staff, allowing for the referral of only DR patients for treatment, relieving eye specialists from screening.