RapidAI acquires EndoVantage to expand scope to cerebral aneurysm

By Akshay Kedari  Date: 2020-06-10

RapidAI acquires EndoVantage to expand scope to cerebral aneurysm

RapidAI, an advanced stroke imaging leader, has recently announced the acquisition of a medical stimulation technology developer, EndoVantage. The deal will enable RapidAI to expand its scope from ischemic stroke, hemorrhagic stroke to cerebral aneurysm.

EndoVantage develops a comprehensive cerebral aneurysm management platform, Find, Track & Treat™. Cerebral aneurysm is a neurological condition, with nearly 1 in 50 U.S. people suffering from unruptured cerebral aneurysm. One rupture leads to brain hemorrhages among patients in every 18 minutes.

RapidAI unveiled Rapid ICH in 2019, which adopts the latest AI technology to help clinicians remain notified of possible hemorrhages. EndoVantage has developed a computational platform at Mayo Clinic & Arizona State University that offers a comprehensive management for cerebral aneurysm. It automates the entire workflow, including the initial assessment, treatment planning, and growth monitoring. It deploys MRA and CTA scans to help physicians discover and track aneurysm progression as well as leverages the data from the 3D rotational angiograms to offer detailed 3D models of the vasculature of the patients. Additionally, it provides room for presurgical planning for repairing aneurysm.

According to Don Listwin, RapidAI’s CEO, the company can strengthen its position as a cerebrovascular imaging leader across the globe through the recent acquisition deal. By leveraging the technology developed by EndoVantage, it can offer a complete product portfolio, encompassing aneurysm, hemorrhagic stroke, and ischemic stroke to the hospitals. These end-to-end solutions can help enhance patient outcomes across a wide spectrum of cerebrovascular disorders.

The Rapid® platform includes:

  • Rapid ICH: Automatically triages CT scans that are non-contrast to rapidly detect brain hemorrhages with a 95% sensitivity and 94% specificity.
  • Rapid ASPECTS: Identify early ischemic change areas automatically on non-contrast CT scans, predicting irreversible injury.
  • Rapid CTA: Assess reduced blood flow regions automatically to alert, locate, and identify stroke teams in the presence of LVOs (large vessel occlusions).
  • Rapid CTP: Accurately quantifies reduced transit time, cerebral blood volume, and cerebral blood flow.
  • Rapid MRI: Quantify delayed contrast arrival and brain areas with the low ADC values.

Source credit:

https://www.rapidai.com/press-release/rapidai-acquires-endovantage

About Author

Akshay Kedari     aeresearch.net

Akshay Kedari

A qualified computer engineering graduate, Akshay Kedari takes pride in having his way with words. Following his passion for content creation, he writes insightful pieces on aeresearch.net and a few other portals. Also endorsed with a short-term experience in web deve...

Read More

More News By Akshay Kedari

Boeing expects European carriers to have 8,705 new airplanes by 2040

Boeing expects European carriers to have 8,705 new airplanes by 2040

By Akshay Kedari

Aerospace major Boeing is anticipating the European commercial aviation industry to need nearly 8,705 new airplanes by 2040. The requirement will be driven by the growing leisure travel market and focus towards replacing the current fleet with more f...

Facebook to drop staunch defensive stance to revamp its public image

Facebook to drop staunch defensive stance to revamp its public image

By Akshay Kedari

Facebook CEO Mark Zuckerberg has reportedly approved a new initiative named Project Amplify, which will consist of implementing various strategies to shed a positive light on the social media giant’s public image. The idea, which was conceived...

Shell intends to scale its Sustainable Aviation Fuel production by 2025

Shell intends to scale its Sustainable Aviation Fuel production by 2025

By Akshay Kedari

Multinational oil and gas company Royal Dutch Shell plc is reportedly planning to begin scaling the production of low carbon jet fuel by 2025, to promote the practice of greenhouse gas emission reduction among the world’s airlines. The oil gia...

Fintech firm Xendit becomes a unicorn following USD 150 million funding

Fintech firm Xendit becomes a unicorn following USD 150 million funding

By Akshay Kedari

Indonesian financial technology company Xendit has reportedly secured USD 150 million during a Series C funding round which was led by Tiger Global. Other investors that participated in the latest fundraising included Justin Kan’s Goat Capital,...

Samsung Biologics to participate in 2050 carbon-neutral initiative

Samsung Biologics to participate in 2050 carbon-neutral initiative

By Akshay Kedari

South Korean biotechnology firm Samsung Biologics recently revealed the signing of a Memorandum of Understanding (MoU) to join the ‘Frontier 1.5D initiative’ to devise a climate risk management model. The company is set to join the 2050 C...