Diagnos Inc V.ADK

FDA ADK !

[u2bob]

When I read the articule below about FDA approving new AI applications ...it makes me smile to think that ADK already has FDA Approval for Diabetic screening...and with Cardio to follow and piggyback on the same platform well one could see how we could become a very quick takeover target ...A few items that caught my eye !

- $30 billion into AI in 2016, with another $9 billion going into AI start-ups.

- The science is unstoppable, and so is the flow of funding. But at least one roadblock stands in the way...FDA

- FDA now applies to everything from pharmaceuticals to hospital equipment to medical software.

- getting a basic ISO can cost two years and seven figures. “How many investors are going to give you that amount of money just so you can get to the starting line?”

- “There’s a reason that tech companies like Google haven’t been going the FDA route.”

- “For those few companies who do make it through, they have an enormous competitive advantage,”

- “We won’t have to worry about the usual scenario: Two guys from Stanford in a garage inventing some app that instantly takes away all our business. We only have to worry about the big players—who might just buy us out instead of competing with us.”

https://webcache.googleusercontent.com/search?q=cache:Axf7IskVxzMJ:https://www.theatlantic.com/technology/archive/2017/10/algorithms-future-of-health-care/543825/+&cd=13&hl=en&ct=clnk&gl=ca