Home News MVision AI gains $5.8M funding to speed cancer treatment planning

MVision AI gains $5.8M funding to speed cancer treatment planning

by WeeklyAINews
0 comment

Be a part of high executives in San Francisco on July 11-12, to listen to how leaders are integrating and optimizing AI investments for fulfillment. Learn More


Finnish medical imaging and AI startup MVision AI is on a mission to hurry the most cancers remedy planning course of whereas nonetheless delivering high-quality care. Its method requires AI-powered automated segmentation tooling, which lets it streamline the all-important radiotherapy remedy planning workflow. At present, the corporate introduced it secured $5.85 million (€5.4 million) in post-seed financing. 

In comparison with handbook remedy planning, which frequently requires two to a few weeks of anxious ready earlier than radiotherapy remedy planning begins, MVision’s automation permits same-day remedy, MVision’s founder and CEO, Mahmudul Hasan, instructed VentureBeat.

Saving time right here is essential. The Worldwide Company for Analysis on Most cancers estimates that the variety of sufferers handled with radiotherapy will attain upwards of 29 million by 2040.

“Our AI segmentation mannequin takes CT and MRI scans as enter and produces 3D volumes of organs and tumors. Therefore, it automates radio oncologists’ handbook duties. Usually these handbook duties would take half-hour to 90 minutes per affected person. MVision automates this in minutes,” Hasan mentioned.

Auto-segmentation for extra customized most cancers remedy

The corporate’s auto-segmentation instrument permits a extra customized remedy plan, and enforces finest practices to attenuate the radiation dose to which wholesome organs are uncovered. Extra typically, it goals to standardize the standard of worldwide most cancers care, and enhance medical decision-making by its cloud-based determination assist instruments.

MVision’s AI segmentation fashions had been developed by accumulating picture information from medical companions. The platform has a CE-marked and FDA-cleared auto-segmentation function for radiotherapy planning. 

See also  Mistral AI, a Paris-based OpenAI rival, closed its $415 million funding round

The corporate plans to launch extra options for a full planning and segmentation service for MR pictures. 

In response to an analysis by Sociedad Española de Oncologia Radioterapica in Madrid, Spain, MVision AI’s expertise has considerably contributed to lowering contouring time and enhancing affected person care by shortening ready instances. Contour delineation refers back to the a part of remedy planning during which tumors are outlined together with close by organs in danger from potential radiation toxicity.

Encouraging early outcomes from MVision AI

After implementing MVision AI, it was reported that 44% of breast most cancers scans had been able to be deliberate on the identical day. With out MVision AI, solely 10% of the scans had been able to be deliberate on the identical day.

MVision was established in 2017 by Hasan, Saad Ullah Akrram and Jarkko Niemelä with the aim of reworking radiotherapy utilizing progressive AI expertise. The thought got here to Hasan whereas attending a medical coaching session throughout his time working for a serious radiotherapy programs vendor. Throughout the session, he confronted the problem of manually contouring organs from CT scans, and he realized the potential for AI to simplify the method. 

Joined by Akrram and Niemelä, who’re each skilled software program engineers, in addition to being a medical physicist and an AI analysis scientist, Hasan got down to enhance radiology remedy utilizing AI.

Since then, MVision has grown right into a workforce of 30-plus professionals with intensive backgrounds within the medical trade and AI analysis. The corporate mentioned its expertise has been used to deal with over 100,000 most cancers sufferers in 14 international locations, with important wait-time reductions achieved in lots of services, together with the Gainesville Division of Radiation Oncology, College of Florida.

See also  AI in Gaming – Top Trends for The Future of Gaming

Hasan mentioned the brand new funding will probably be used to analysis and develop new options to hurry up remedy planning for radiotherapy and construct a globally scalable cloud-based platform for most cancers remedy. 

“We’re additionally seeking to additional increase and produce the answer [to] extra sufferers globally,” he mentioned. “Our mission is to construct a globally scalable cloud platform for a medical determination assist system for most cancers care.”

Source link

You may also like

logo

Welcome to our weekly AI News site, where we bring you the latest updates on artificial intelligence and its never-ending quest to take over the world! Yes, you heard it right – we’re not here to sugarcoat anything. Our tagline says it all: “because robots are taking over the world.”

Subscribe

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

© 2023 – All Right Reserved.