This Maltese-based company's team of experts consisting of neuroscientists, cognitive scientists, programmers, social scientists, and translators have developed a novel approach to detecting mental decline which can serve as a rapid tool for early dementia diagnosis. This is conducted through the use of their tool, an objective measure of cognitive abilities based on fully automatic neuro-scientific brain-wave analysis. The early dementia detection model put forward by this SME can help those suffering from dementia reclaim several healthy life years.They are expected to attain the CE class I medical device certification in March-April 2021, and the class 2A medical device certification in Q2 2023. They are interested in collaborations with partners in the medical field, particularly with hospitals, retirement homes, and nursing homes that are looking for a kind of tool offered by this company. A commercial agency agreement or distribution agency agreement is sought.
Advantages & innovations
-The diagnostic algorithm that this company has developed is
faster than any other method currently used in dementia
diagnosis.
- It is non-invasive and safe
- Electroencephalogram (EEG) testing is affordable
- Electroencephalogram (EEG)-based biomarker can be used by
a minimally trained staff at any facility
- A timely and more wide-reaching diagnosis of dementia,
which leads to reduced long-term costs, reduction of
associated diseases.
- The team is composed of experts in cognitive science,
neuroscience, and medicine.
- Years-long experience in clinical work and research expertise in
dementia-related diseases
Stage of development
Already on the market
Partner sought
This Maltese SME is seeking to collaborate or do business with partners/agents from the wellness sector or healthcare/medical field with particular interest in dementia. Hospitals, nursing homes, clinics, and healthcare centers could be interested in such a cooperation. They would like to expand their business network and therefore reliable partners are sought under a commercial agency agreement or distribution agency agreement.