Philips receives $60M from Bill and Melinda Gates Foundation for AI tech

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Editor’s be aware: This story has been up to date with a remark from Philips. 

Royal Philips obtained an extra $44.6 million from the Bill and Melinda Gates Foundation, bringing its complete obtained to $60 million, to help the worldwide deployment of the tech big’s AI-enabled, FDA-cleared Lumify Ultrasound System.

In 2021, Philips obtained an preliminary grant of $15.4 million from the Gates Basis to develop AI-enabled functions to enhance obstetric care in low- and middle-income international locations, specializing in underserved communities. 

Philips developed its AI to assist frontline well being employees, similar to midwives, establish attainable issues throughout being pregnant. 

The device, which makes use of informatics, digitization and AI to provide operators with an interpretation of picture outcomes, was utilized throughout a trial interval in Kenya with optimistic outcomes. 

With the brand new spherical of funding, Philips will work to broaden the adoption of its AI algorithm globally, aiming to lower the coaching time of frontline employees in rural underserved communities who triage pregnant ladies.

“The Kenya pilot underlines the facility of the answer we’re growing. Inside hours the healthcare professionals can conduct ultrasound scans to triage pregnant ladies on six important parameters. Usually, this is able to require weeks of coaching. At Philips, we consider that this resolution has the potential to enhance entry to care to underserved communities and thereby positively impression the statistics of maternal mortality,” Matthijs Groot Wassink, basic supervisor for level of care and obstetric ultrasound at Philips, advised MobiHealthNews in an e-mail.

THE LARGER TREND

Medtech big GE Healthcare obtained $44 million from the Bill and Melinda Gates Foundation in September to develop AI-enabled functions and instruments to help less-experienced well being professionals in low- and middle-income international locations with performing ultrasound scans that deal with fetal and maternal well being and respiratory ailments.

Caption Well being, which makes AI-enabled ultrasound steerage software program and was acquired by GE HealthCare earlier this 12 months, is slated to guide the event of the know-how.

Final 12 months, Butterfly Network, maker of a handheld, smartphone-connected ultrasound system, obtained a $5 million grant from the Invoice and Melinda Gates Basis to broaden entry to its imaging know-how in Sub-Saharan Africa. 

Butterfly announced the completion of phase one of its deployment and coaching program in Kenya final December, via which the corporate equipped 500 Butterfly iQ+ gadgets – the corporate’s FDA 510(k) cleared flagship product – and coaching to 1,000 healthcare employees within the area.

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