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VentriPoint Diagnostics Ltd V.VPT

Alternate Symbol(s):  VPTDF

Ventripoint Diagnostics Ltd. is a Canada-based medical device company. It is engaged in the development and commercialization of diagnostic tools to monitor patients with heart disease. It develops a suite of applications for all heart diseases and imaging modalities, including congenital heart disease, pregnancy, pulmonary hypertension, COVID-19, technically difficult imaging and cardiotoxicity in oncology patients. It provides application of artificial intelligence to echocardiography. Its flagship product, Ventripoint Medical System (VMS+), enhances echocardiography to deliver cMRI levels of accuracy for volumetric measurements and ejection fractions for all four chambers of the heart. It has developed a solution that transforms cardiac care through its 3D ECHO and MRI software. VMS products are powered by its proprietary Knowledge Based Reconstruction technology, which is the result of a decade of development and provides accurate volumetric cardiac measurements equivalent to MRI.


TSXV:VPT - Post by User

Comment by Pandoraon May 27, 2021 1:21pm
133 Views
Post# 33276415

RE:RE:RE:GE healthcare and reconstruction with AI

RE:RE:RE:GE healthcare and reconstruction with AI"...but you have to think that GE knows all this since they are featuring a competitive product on the website."

Graham, what was the name of the competitive product and have you invested in them or are you possibly waiting on them as well? Just wondering how much faith you have and where it lies?


GrahamB wrote: Hi Leonenoel,

Thank you for your thoughts. 
I think your points are very well taken, particularly where you have been a patient and can directly speak to the benefits of a more rapid assessment, but also the importance of the accuracy of that exam.
 
From my reading, it aligns with what you are saying as well, in that MRI still remains the gold standard for high resolution imaging.

The problem is you clearly point out is that the children, in particular, are not suited for an MRI since it can take as you mentioned 45-60 minutes.
 
I think this is whereVentripoint was ahead of the game, as this has been the focus of their work to use knowledge based reconstruction, to provide higher resolution imaging, and to do it in  rapidly.
 
What I thought was interesting, and again validated the approach by Ventrapoint, is that they are now according to the GE website using this artificial intelligence reconstruction with MRI  to not only provide better images but also to shorten the time of the procedure.

As they said:
. “Using a fully sampled acquisition, the images are high quality, but you can, even with a 12-fold acceleration, use more advanced reconstruction techniques such as compressed sensing or deep learning reconstruction, and you can recover the images quite nicely.”
https://www.gehealthcare.com/article/advancing-cardiac-magnetic-resonance-imaging-with-deep-learning-image-reconstruction

If this is true, and validated, then I would take it that MRI now would be able to be done within 5 minutes?
 
I guess at the end of the day, what we think, is speculative, and it really will be up to the cardiologist decide the best risk benefit, in which procedure to order.

I still dont understand why VPT that has been around for a decade hasnt had any significant sales?
 
To me, this is why I am waiting to see sales. 

Thia is where Cardiologists and hospitals validate the story.


People can speculate all they want, but at the end of the day giving away machines to "luminary sites"  or having a promotional video  does not mean the business case us there, if the Cardiologists are not  buying the machines. 

Sales will be the hardcore data that will show whether or not this is being taken up by the professionals that are actually using this, and this is what I am waiting for and would buy into the story right away. 

Someone is going to do well with this as AI KBR is real, and can benefit patients and physicians.,

Of course we need to see margins and make sure that there is actually profit, but you have to think that GE knows all this since they are featuring a competitive product on the website.

The "alliance" alone doesnt mean much in this context, without more granular details.
All IMO-




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