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Biotech / Medical : Knowledge Extraction Technologies

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From: Baywall	12/7/2016 8:58:58 AM
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Canada was quite regulated in the area of retinopathy screening. Maybe there is some health care provider changes being planned. Why would Bayer now enter Canada in this field with Diagnos? 11 months ago the stock was 5.5 cents. Today 14 cents. BAYER CANADA AND DIAGNOS JOIN EFFORTS AGAINST DIABETES (Dec 6, 2016) Diagnos Inc . has signed a pilot project contract for diabetic macular edema and diabetic retinopathy screening with Bayer Canada. Under the terms of the agreement, Diagnos will provide a fully turnkey screening service to benefit 1,000 diabetic patients in the Toronto area. Screening will be offered to diabetics affiliated to their health entities to test the impact of including preventive screening programs. "The opportunity to partner with Bayer offers an immense advantage at detecting treatable diabetic retinopathy using the advanced artificial intelligence technology and eliminating sight-threatening complications of this disease," said Dr. Netan Choudhry, MD, FRCS, DABO, director at Diagnos. Andre Larente, president of Diagnos, added: "We are excited to start our new commercial relationship with Bayer in Canada and begin screening for diabetic macular edema and retinopathy. Following the expected success of this project, we intend to expand the scope of services offered through this pharmaceutical company into other countries."

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