Digital Diagnostics acquires 3Derm Systems becomes largest in AI autonomous healthcare

Deepika Chauhan
August 30, 2020 2:18 pm
Digital Diagnostics acquires 3Derm Systems

The UAE has been dubbed a key emerging market for autonomous AI healthcare solutions by Digital Diagnostics, a global healthcare autonomous artificial intelligence company formerly known as IDx, which has acquired 3Derm Systems of Boston, USA. The acquisition makes Digital Diagnostics the sole holder of autonomous AI healthcare software tools that are De Novo authorised by the US Food and Drug Administration.

Amid global healthcare access and inequity challenges exacerbated by the Covid-19 pandemic, members of at-risk populations, including specific demographics across the UAE and wider Arabian Gulf, are delaying important specialist care. Digital Diagnostics’ acquisition is an important milestone in efforts to improve the quality, affordability, and accessibility of healthcare through autonomous AI, and helping to reduce suffering through earlier diagnoses.

In autonomous AI, it is the computer, not the clinician, making the medical decisions, enabling patients to obtain diagnoses for serious conditions when and where they receive frontline medical care. The ability to receive an instantaneous diagnosis from frontline care providers has been shown to lead to better outcomes for patients, especially those from underserved populations.

The acquisition makes Digital Diagnostics the global category leader in healthcare autonomous AI. The company rebrand from IDx to Digital Diagnostics reflects the firm’s expanded suite of autonomous AI products in multiple specialisations. This acquisition will help Digital Diagnostics introduce the autonomous AI system that diagnoses skin cancer, elevating the company into an entirely new field of medical specialty. This new diagnostic tool makes early-stage diagnosis of serious conditions possible, ensuring that the disease is less likely to progress and ultimately ensuring an improvement in patient outcomes.

The company’s flagship product, IDx-DR, was the first autonomous AI system De Novo authorised by the FDA for the diagnosis of diabetic retinopathy and diabetic macular edema. The firm also now owns 3DermSpot, the first autonomous AI to receive FDA Breakthrough Device designation for its diagnoses of melanoma, squamous cell carcinoma, and basal cell carcinoma.

Digital Diagnostics’ early-stage products for diabetes and associated medical conditions are particularly relevant to the UAE where 25.1% of the adult population suffers from diabetes and 32% of the adult population is projected to be diagnosed with diabetes by 2030, according to data from the International Diabetes Federation. Furthermore, a study by researchers at UAE University, in Al Ain, published in BMJ Open, which is linked to the British Medical Journal, states that only one in four patients are managing their condition properly

How it works

Digital Diagnostics was founded in 2010 by Dr Abramoff, a practicing, fellowship-trained retina specialist ophthalmologist, neuroscientist and computer engineer who developed a unique, patented biomarker-based approach to build algorithms that perform cognitively complex tasks. These algorithms are integrated into easy-to-use systems that can make instantaneous clinical decisions in which the computer makes the medical decision. Both IDx-DR and 3DermSpot use high quality images of the eyes and skin coupled with autonomous AI, without a specialist operator, to make instantaneous diagnoses.

Digital Diagnostics products are currently in use by the largest and most prestigious health systems in the United States, Poland, Austria, and the Netherlands. The firm has worked closely with regulatory agencies and healthcare organisations to enable adoption of autonomous AI in healthcare.

“There is too much needless suffering from treatable illnesses, and it happens more in populations that do not have equitable access to healthcare, particularly to specialists,” observed Michael Abramoff, MD, PhD, Founder and Executive Chairman of Digital Diagnostics. “Our automated systems allow frontline care physicians and other providers to instantaneously diagnose serious conditions, get patients who need treatment to specialists faster, and therefore improve long-term patient outcomes. In a region at the forefront of global medtech adoption, we are convinced these cutting-edge autonomous AI software solutions will be top-of-mind for healthcare administrators across the UAE and wider Gulf region.”

“The UAE, where over a quarter of the population suffers from diabetes and one of four of those people manage their condition, the potential benefits of AI testing for Diabetic Retinopathy, one of the biggest side effects of diabetes, can be huge.  The benefits of AI for the most tech-savvy health providers doesn’t end there, our acquisition of 3Derm we can now provide AI testing for melanoma is just another way in which providers can provide care even more efficiently by embracing innovation.”

Key takeaways

  • In autonomous AI, it is the computer, not the clinician, making the medical decisions.
  • This acquisition will help Digital Diagnostics introduce the autonomous AI system that diagnoses skin cancer.
  • Digital Diagnostics’ products for diabetes are particularly relevant to the UAE where 25.1% of the adult population suffers from the disease.
  • The systems use high quality images of the eyes and skin coupled with autonomous AI, without a specialist operator, to make instantaneous diagnoses. 

 

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