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December 14, 2020
Including a clinical study of more than 500 patients
Pharmaceutical giant Novartis has signed a multi-year agreement to use AI-based tools and IT solutions developed by RetinAI Medical for projects in ophthalmology and digital health.
The companies had previously worked together on successful pilot projects relating to ophthalmology.
The first project under the new agreement will be a study designed to investigate “the influence of optical coherence tomography (OCT) image solutions using AI on the assessment of disease activity.”
The agreement provides for the companies to support a clinical study of more than 500 patients with neovascular age-related macular degeneration (nAMD) in European countries and Canada.
“With previous projects, RetinAI’s services have enabled us to enhance and more efficiently structure retina scans and data collected from our clinical studies,” said Dirk Sauer, global development head of the ophthalmology franchise at Novartis Pharma AG. “Together with RetinAI, we are working on end-to-end solutions to generate swift and comprehensive disease insights to better treat patients and improve patient outcomes.”
The study will use RetinAI’s data management platform Discovery to process information at scale across imaging platforms and devices. The platform is used to navigate imaging data, compute imaging biomarkers, and track changes over time for common forms of eye diseases.
The Swiss company’s tools can collect, organize, and analyze health data from the eyes and support clinical workflows, patient monitoring, and adherence to treatment.
“RetinAI is excited to expand and intensify our partnership with Novartis, one of the top pharma companies in ophthalmology with deep competence, dedication, and focus on digital innovation in eye care,” said Carlos Ciller, CEO of RetinAI.
“We clearly see the value that RetinAI can bring to Novartis. Our Discovery platform and AI tools are enablers to increase efficiency in research and clinical studies and we expect they can also improve medications and treatments for patients. We believe using RetinAI’s technologies to support patients treated with ophthalmic medications will provide enhanced disease insights and create opportunities for more precise treatments."
In May, Novartis announced a partnership with Dyno Therapeutics, which uses AI systems to design gene therapy treatments. That venture is focused developing gene therapies for ocular diseases.
Editorial Director AI & IoT
Chuck Martin, a New York Times Business Bestselling author, futurist and columnist, is Editorial Director at Informa Tech, home of AI Business, IoT World Today and Enter Quantum. Martin has been a leader in emerging digital technologies for more than two decades. He is considered one of the foremost Internet of Things (IoT) experts in the world and his latest book is titled "Digital Transformation 3.0" (The New Business-to-Consumer Connections of The Internet of Things). He hosts a worldwide podcast titled “The Voices of the Internet of Things with Chuck Martin,” where he converses with top executives from the companies driving the Internet of Things.
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