Medtech startup Lunit has signed a collaboration agreement with the Abu Dhabi Health Services Company (SEHA), part of Pure Health, the UAE’s largest healthcare network. Following the agreement, Lunit and SEHA will proceed with a proof of concept (POC) of the Lunit INSIGHT suite, the company’s AI solution for radiology, at medical institutions across the Middle East.
The POC will include SEHA’s trial of the Lunit INSIGHT CXR, an AI solution for chest X-ray analysis, and the Lunit INSIGHT MMG, an AI solution for mammography analysis, for evaluation.
SEHA is a comprehensive healthcare network under the UAE’s largest healthcare provider Pure Health, a brand of scientific innovation that combines imagination and technological advances. Established in 2007, the independent public joint stock company currently operates 14 hospitals and primary healthcare clinics with more than 3,000 beds.
Data Bridge Market Research shows that the medical imaging market in the Middle East, which surpassed USD 20 billion in 2021, is projected to exceed USD 30 billion by 2029, with an expected CAGR of 5.5% from 2022 to 2029.
SEHA was recently invited by the Korean Hospital Association (KHA) and the National IT Industry Promotion Agency (NIPA) to attend the “K-Hospital Fair 2022” in South Korea, held between September 29 to October 1.
“Lunit entered the Middle Eastern market following our supply contract with Roche and Microsoft Azure in March to export Lunit INSIGHT MMG,” said Brandon Suh, Chief Executive Officer at Lunit. “Through this exciting collaboration with SEHA, we expect to further expand our business in the Middle East.”
“Through this MOU, we will work with Lunit to implement Korea’s world-class medical AI imaging solution during the POC experiments,” said Dr. Afra Rashed Saeed Almesaied Alneyadi, Radiologist at SEHA. “Our goal is to provide better medical services to our patients by improving SEHA’s medical image analysis program.”
Also Read,
- Medical AI startup Lunit makes KOSDAQ debut with 28.7% surge in stock price
- Korean healthcare startup AIRS Medical raises $20 million in Series B funding
- Leading telemedicine platform Dr. Now attracts $ 31 million Series B investment
- VUNO to collaborate with Latin American company Visual Medica for integrated medical solutions