VENTRIPOINT RESUMES TRADING

CORPORATE UPDATE

Ventripoint had halted its operations for a brief timeframe in November 2018, but the Company resumed operations in early February 2020 with a determination to successfully restructure the Company  and position it for growth.

The company is accelerating product development regarding the VMS+ with a further focus on advanced analysis and  a goal to increasing our competitive edge. Moreover, we are aligning our product development priorities with the goal of cutting costs to manufacturing and making the system more accessible so as to meet our fundamental commitment to corporate sustainability,  allow for growth and deliver on customer service.   

We are helping in the 

 global fight against Covid.

The Company has continued its ongoing dialogue with leading cardiologists, who recently have been focused on the cardiac complications of COVID-19.  The Company has engaged with three major cardiac centres to conduct clinical studies on COVID-19 patients.  The Company anticipates it will be able to significantly improve the analysis of echocardiograms from COVID-19 patients. This will be important to establish a baseline during the acute phase of COVID-19 infection and monitoring, to see which patients continue into chronic heart failure, and which patients recover.  

 

Remote Installation and Training.

The VMS+ can be installed remotely  In order to support hospitals and clinics as part of infection control.  The VMS was adapted to be immediately operational and can be remotely installed into the hospital infrastructure. In fact, the system is already being installed remotely in Europe and North America without any problems.

 VMS      3.0 

 

 

The Novel Use of AI 

Leading to Powerful Cardiac Imaging Analysis

What is Needed for Todays' Demands in Cardiac Care.

VMS+ 3.0 marries the ingenuity of the cardiac MRI and Echo with the power of Ventripoint's KBR technology. Our proprietary Knowledge Based Reconstruction  algorithm leverages a MRI shape catalogue and anatomical landmarks from standard 2D echocardiogram images to construct complete 3D models of the heart's  four chambers that can be viewed in 2D planes.  The system produces advanced and  reliable qualitative results and insights into the structure of the heart. In fact, the results are comparable to the MRI, the current gold standard in medical imaging. 

 

The system was developed in order to meet the immediate needs of healthcare providers,  whereby existing medical imaging such as MRI is seen as too restrictive and the Echo offers imperfect anyalysis. The VMS is to provide an aid that seamlessly can be adopted in the current standard model of care. It perfectly augments the Echo, the preferred method of monitoring cardiac conditions.   It is able to significantly improve clinical diagnosis and treatment decisions, help track the progression of conditions more closely and assist with managing  ever increasing patient loads.

Any reference to names is for demonstration purposes.

Cost effective technology

          Point of care technology-fits into Echo exam, light weight and portable 

  

          Improved patient experience- no sedation, allows repositioning 

   

Intuitive interface-minimal training required

 

          Applicable with all cardiac conditions and with pediatrics

          Quick qualitative measurements that are reproducible 

          Performs analysis of right ventricle (hardest to image due to ribcage)

     Easily integrated in the hospital network

           

 

 

VMS      Adoption Potential

Into Current Standard Of Care

Comparing the 2 types of medical imaging  illustrates the utility of the  VMS+  and how it could bridge the gap between the MRI and Echo.

Technology Milestones

In the most recent Company update, we announced that we have made the VMS+ more user friendly, less costly and able to provide advanced analysis as part of our strategic efforts to  increasing our competitiveness and positioning ourselves for growth.  

Eliminating Barriers to Adoption of VMS

Universal calibration for all echo probes to eliminate the need for on-site installation

Remote training programs to eliminate the need for on-site training

Self-contained system to eliminate need for internet connection and improve security

These calibration files are loaded into the system during manufacturing and then the system uses the correct calibration when it is connected to an ultrasound machine. This has eliminated the need for in person installation.  

Consequently, the Company has now developed an online training capability and has already used it to successfully train new users in a few hours. 

The Company has elected to encrypt the catalogues and analysis software into the VMS+.3.0 This change will allow the devices to be self-contained and function completely inside the hospital using the internal PACS (archive) to store and retrieve echocardiograms and the resultant analysis.  

Reducing the Cost of Goods

Refactor the source code for KBR to bring it to modern standards

Eliminate the need for video capture and use direct feed from ultrasound machine to reduce hardware costs and improve image quality

Allow for use of smaller, more-portable computers to reduce size and cost of the VMS.

This complete review of the source code has allowed our software team to understand the algorithms at a fundamental level and identified a number of potential places for improvement. These improvements will be discussed in future news releases.

With the refactoring of the source code, the Company has taken the opportunity to import the digital images from the ultrasound machine and use them for analysis. This improved the image quality, which was degraded during the video-capture step. While the VMS+3.0 is exceptionally good at analyzing low quality images by using a “sparse-data” approach - the few dots per view - better images always lead to faster and better analysis.  

This will increase the portability and reduce the space required in a commonly-crowded echocardiography suite.

More Effective Integration within Clinical Workflow

Provide templates for all views with recommended points to speed up manual point selection and reduce analysis time

Allow use with all ultrasound machines in a clinic to eliminate the need to locate and access a specific machine or echo suite

Allow remote analysis of echocardiograms from central PACS (archive) database on

a  workstation

The Company has developed a template system to allow multiple anatomical landmarks to be placed at a time for each standard view. The system now leads the user through the process for each chamber of the heart and each view captured allowing for relocation of landmarks by the operator if necessary.  

With the development of a universal calibration process, the VMS+3.0 can be twinned with any the ultrasound machines in the clinic as required.  

The VMS+3.0 now uploads the probe tracking information along with the images into the PACS server in the standard DICOM format. This image file can be read on the VMS+3.0 or on any remote viewing device which has the VMS workstation module installed. The DICOM image file can still be viewed using any standard reading software as the VMS tracking information is invisible to these analysis packages.

 

Dr. George Adams, CEO speaks to Proactive on the latest news about the VMS+ as we emerge from restructuring.

Check it out
Dr. George Adams speaks to biopub.co about the utility of the  VMS and its applicability to the right ventricle.
Check it out

2 Sheppard Avenue East, Suite 605

Toronto Ontario M2N 5Y7

Canada

+1-416-848-4156

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