Periodic Reporting for period 1 - QUIBIM qp-Prostate (Prostate MR Medical Imaging Biomarker Platform)
Reporting period: 2020-10-01 to 2021-09-30
There is therefore a great need for new tools capable of predicting accurately the outcome of the disease to enable physicians to make the best clinical decisions for the benefit of patients, preventing both overtreatment and undertreatment. Quibim set out to transform prostate diagnosis and monitoring by developing a new non-invasive imaging tool using MRI data and advanced computer models to investigate the prostate anatomy in extreme detail. QP-Prostate, Quibim’s AI-based diagnosis solution, is an FDA(510k) cleared prostate MR images processing and quantitative analysis software package to be used by experienced clinicians.
Regarding healthcare impact, QP-Prostate enables physician to make better clinical decisions, preventing the risks, common in PCa, of overtreatment (exposing patients with indolent PCa to invasive biopsies and harsh treatments) and undertreatment because of an understatement of malignancy.
Regarding socio-economic impacts, QP-Prostate will enhance economic savings generated by more accurate diagnosis which lead to cost-efficient treatments, and also savings from costly tests such as biopsies (it requires an anesthesiologist, urologist, ultrasound guidance, pathology assessment, among others). The solution increases the specificity by the automatization in the detection of clinically significant PCa, allowing less experienced radiologists to be involved.