Periodic Reporting for period 2 - AiforCancerDX (Deep learning AI in cancer diagnostics)
Reporting period: 2020-11-01 to 2022-04-30
Solution – Aiforia Technologies is revolutionising pathology. Our Aiforia® Cloud platform and the Aiforia Clinical AI models for specific diagnostic use cases augment the efficiency and consistency of pathologists’ clinical sample analysis. They remove the slow, manual, and inconsistent workflow by automatically performing a range of laborious image analysis tasks, in a fraction of time with unprecedented accuracy and consistency. This is enabled by our disruptive Deep Learning AI software, implemented on a cloud platform, and built specifically for pathology applications.
To achieve the overall objective of the project - to scale up the operations of Aiforia® Cloud and become the global leader in automated tissue sample analysis – several actions have been performed.
During the project, Aiforia has strengthened its salesforce and increased its international presence and lead generation activities as planned. Aiforia project management activities have contributed to the overall progress of the project.
The project has had a major effect on Aiforia’s development path, as it has enabled the Company to expand its target market from research and pharmaceutical development to clinical diagnostics. The developed products and the technology which are now brought to the hands of pathologists can have a major impact on clinical diagnostics world-wide. The constantly increasing sample numbers are putting a lot of pressure currently for the pathology laboratories around the world, who oftentimes are lacking expert level pathologist resources. The use of digital pathology tools and AI to support experts in diagnostic tasks may have a major impact in reducing time to diagnosis and in democratising patient's access to expert level diagnosis and personalised treatment regardless of their country or location.
The project has also significantly supported Aiforia in its commercialization efforts and has helped Aiforia in maintaining its position as one of the global leaders in digital pathology & AI. The industry is developing at a fast pace and players in the digital pathology field are aiming to offer integrated AI analysis systems for clinical clients. This project has supported Aiforia in maintaining their leadership position in offering a wide variety of AI algorithms through a cloud-based software platform to support the tissue diagnostic workflows.