MAY 2021
www.swiftnlift.com
Top 10 HealthTech Solution Providers In Singapore 2021
ANWAR RAFIQUE Co-founder & CEO
The Risks IoT Could Pose to Healthcare Industry Natural Language Processing is on the Brink of Redefining Healthcare Industry Artificial Intelligence Is Projected To Change Healthcare Sector
SSIVIX LAB PTE. LTD
Introducing BGBF-I Fund. South East Asia’s First Insured BTC Fund https://www.cgcx.io/
Swiftnlift Media And Tech SwiftNLift is the Best Business Magazine across the globe for enterprises
MAY 2021
www.swiftnlift.com
Top 10 HealthTech Solution Providers In Singapore 2021
ANWAR RAFIQUE Co-founder & CEO
The Risks IoT Could Pose to Healthcare Industry Natural Language Processing is on the Brink of Redefining Healthcare Industry Artificial Intelligence Is Projected To Change Healthcare Sector
SSIVIX LAB PTE. LTD
From t he E d itor . . .
I
’m revived by the criticism we’ve gotten from perusers and associations partnered with our distribution. Much obliged to you such a great amount for the entirety of your diligent effort, my gathering. The existence of a business visionary is troublesome, and we are much of the time faced with a detour. If you like it, going into business starting from the earliest stage requires everything that is in you, soul, blood, and sweat. With regards to industry and execution, there will never be sufficient ability. While you may have your arrangement of abilities, as a business person you should stay current with your environmental factors. What’s going on, what’s not, and what’s coming up later on. Based on what’s going on, what’s not to what exactly will occur in the coming day, you should be knowledgeable? The main story has included an amazing character that is the founder of SSIVIX Lab Anwar Rafique & G Jha. SSIVIX Lab is a Singapore based Social Enterprise HealthTech Company, focused on connected health also known as Technology-Enabled Care (TEC) which involves the convergence of health technology, digital media, and mobile devices. It enables patients, carers, and healthcare professionals (HCP’s) to access data and information more easily and improves the quality and outcomes of healthcare and social care. SwiftNLift magazine is not, at this point simply a print or advanced distribution; all that we do is educated by its long-standing character, approach, and quality - Even however the print release is as yet being distributed. Although we keep on putting out the print version with a similar excitement as in the past.
- Nilesh Sabe Nilesh Sabe Chief Editor
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CONTENTS COVERS
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SSIVIX LAB PTE. LTD
PROFILES
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I3 Precision
Trendlines Medical
Smart Future
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26
28
DocDoc
Tessa Therapeutics
Aktivo Labs
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34
36
Kambyan Network
Saver’s Med Pte Ltd
Neeruo
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The Risks IoT Could Pose to Healthcare Industry
Natural Language Processing is on the Brink of Redefining Healthcare Industry
ARTICLES Artificial Intelligence Is Projected To Change Healthcare Sector
Top 10 HealthTech Solution Providers In Singapore 2021
The art of medicine consists of amusing the patient while nature cures the disease.
ANWAR RAFIQUE Co-founder & CEO
Top 10 HealthTech Solution Providers In Singapore 2021
ANWAR RAFIQUE Co-founder & CEO
SSIVIX LAB PTE. LTD B
elow are the highlights of the conversation between Swiftnlift Business Magazine and SSIVIX Lab. The company was founded in the year 2017 byAnwar Rafique & G Jha. We are glad to share this exclusive interview with all the readers.
Tell us something about your company. Its vision and mission. SSIVIX Lab is a Singapore based Social Enterprise HealthTech Company, focused on connected health also known as Technology-Enabled Care (TEC) which involves the convergence of health technology, digital media, and mobile devices. It enables patients, carers, and healthcare professionals (HCP’s) to access data and information more easily and improves the quality and outcomes of healthcare and social care. We combine Artificial Intelligence, IoT &
Big Data Technology to develop a Digital Health Ecosystem for the community to use. The Initiative is a journey towards affordable preventive care from curative. Vision: Enabling Digital Health Ecosystem for the betterment of the community. Mission: Smart Choices in Digital Health beyond Hospital & Clinics.
What or who has been your greatest influence in health tech and why? Giving back to society is something I personally believe in. As a result, I am very involved in community volunteer work in the neighbourhood, where I realised that the community, especially the geriatric/aging population, requires better healthcare services. As a result, my co-
founder and I decided to start SSIVIX Lab for the betterment of the community.
What were the impediments you faced at the time of inception? One of the key roadblocks we encountered was the technology's adaptability within the end-patient and provider communities, and many doctors and clinics were hesitant to use our AI digital health ecosystem. COVID-19, on the other hand, accelerated this process, causing the adaptability ratio to skyrocket.
What qualities make you stand different from others who are already in this field? Our vision and mission are what set us apart from the competition. There are no title challengers that provide comprehensive healthcare facilities in one location or who can meet all of a family's healthcare needs. We assume that each family has members of varying ages and that each family has unique healthcare needs. So, how do we get it together in one network or ecosystem, from online doctor visits to drug delivery, caregiver/nurse treatment, ambulance/ hospital transport, remote vital sign tracking, and medical product purchases?
How do you see the future of the health tech industry? I believe that the HealthTech industry has a bright future ahead of it in terms of developing health technologies and processes that will provide quality treatment, greater preparedness, and more equitable delivery of best-in-class life-saving services. COVID-19 has driven digital transformation, and there are numerous areas where the HealthTech industry is playing and will continue to play a critical role, such as gene therapeutics, which enable personalised care/medicine, and digital therapeutics, which allow care to be moved from the hospital to the home. How do you stay informed with current healthcare advancements? • Acquire professional certifications in areas of interest • Join a professional organization • Network at health care conferences and meetings • Read online journals, blogs, and professional news outlets • Find an internship or fellowship in an interesting area
How can digital health technologies be implemented to enable health systems to enhance universal access in resource-limited settings? Improving access to quality primary health care (PHC) is challenging for resource-constrained countries with chronic infrastructure deficits and shortages of the trained health workforce. There is an increasing international consensus that information and communication technology (ICTs) will provide innovative ways to improve health systems and expand the scope of primary health care programmes to areas with the most serious health care challenges. Increasing the number of digital options available to end patients is simple to implement and affordable.
How do you keep your subordinates motivated? Tell me about your approach to leading a diverse team. Positive communication, a friendly atmosphere, appreciating peers and colleagues, encouraging one another, and team spirit, in my opinion, seem to be the most important factors in leading and motivating team members.
What are your accomplishments? ▶ Delivered Digital healthcare ecosystem with digital choices for end patient to take care of primary healthcare (PHC) needs. A few of the digital healthcare choices delivered are; • Doctor digital appointment (Time Saving) • Telemedicine (Affordable, Convenience and Time saving) • Medical Transport booking (Affordable, Convenience and Time saving) • Medical caregiver/Nurse/Medical Befriending requests (Friendly environment, Convenience and Time saving) • Medical e-Commerce (Discounted rates, Convenience and Time saving) • Patient Education (Awareness & Education)
Details of the company e Year of Founding: 2017 e Funding Information: Self & Family funding e Founding Members: Anwar Rafique & G Jha e Office Locations: 08-14, 100 Peck Seah ST, Singapore 079333 e Company Strength: 10+ e Website: https://ssivixlab.com
• Patient Vital sign monitoring – Manual Input & Analysis (Preventive analysis) • Enable Digital Health screening capability from home or office. ▶ Digital healthcare ecosystem helps store multiple family profiles with secure payment gateway within one mobile application, which makes it unique.
Is there anything else you’d like to share with our readers? SSIVIX Lab plans to bring more digital solution in AI predictive healthcare area especially in Genomic analysis and Sleep analysis. Our focus is patient-centric and focused on home Healthcare.
I3 Precision TECK SIN Co Founder
■ Medication images are regularly updated and easily accessible from the cloud repository Reliable:
About Company
■ Multiple verifications are performed before release
■ Medication parameters like color, shape and size are I3 Precision is a medical technology company that evolved automatically computed from a joint collaboration between I3 Precision founders ■ Medication images are standardized and Advanced Digital Science Centre in 2011. The initiative came about when the I3 Precision founders realise that Integrative: there is strong market demand for products that will ■ Available as a full-fledged solution or individual modules improve safety and traceability in medication management. ■ Integratable into other existing legacy systems or current While many healthcare providers have spent millions on pharmacy processes technologies such as barcode and RFID, serious safety and productivity gaps in the processes still prevail. Recognising ■ Products enable medication safety from hospital to home the situation, I3 Precision aims to use its flagship brand – MedSafe to enable safe medication management from hospitals-to-homes. MedSafe is a patented technology that has been developed to minimize medication errors at MedSafe different stages of the pharmacy process and medication Convenience, reliability and integrative solutions are the regime. It uses advanced imaging algorithms to generate, key hallmarks of I3 Precision’s products, designed for verify and identify medications during the preparation, healthcare professionals and home patients. All products dispensing and administration. are preloaded with MedSafe’s advanced imaging algorithms. The products can be seamlessly integrated into legacy or new hospital information systems. The MedSafe suite of Features products is classified in the following categories – Systems, Contents and Mobile. Convenient: ■ Systems: The Systems offering consists of products ■ Readily deployable for various pharmacy processes that allow healthcare professionals register, verify and ■ Products are designed to be user-friendly
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Aims To Use Its Flagship Brand – Medsafe To Enable Safe Medication Management From Hospitals-To-Homes
Top 10 recognise medication images in a few simple steps. Products include MedSafe Registration, MedSafe Tabletop, MedSafe Cart and MedSafe Return. ■ Contents: The Contents offering is a SaaS subscription based repository management system. This system aggregates digitalized medication images. Depending on the usage, these digitalized images can be subscribed for visual reference or vision inspection. This subscription also publishes the latest medication images, regulatory updates and generates timely alerts to subscribers.
HealthTech Solution Providers In Singapore 2021
■ Mobile: The Mobile is a software application that can be installed on smartphones. The application is able to verify medication accuracy and provide timely reminders for patients to consume their medications when needed. MedSafe Registration: MedSafe Registration is a system that generates digitalized medication images both consistently and rapidly. MedSafe TableTop: MedSafe TableTop is a system that identifies various types of medications in different forms and factors. MedSafe Cart: MedSafe Cart is a compact system specially designed to fit on medication carts or trolleys commonly used in the in-patient wards. MedSafe Return: MedSafe Return is a modular system that verifies if the medications returned from the in-patient wards are reusable.
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Top 10 HealthTech Solution Providers In Singapore 2021
TODD DOLLINGER Chairman & CEO
About the Company
Trendlines story rests on Steve and Todd’s longstanding, solid business relationship, and beyond that, their We are an investment group. Trendlines invents, friendship. discovers, invests in, and incubates innovation-based Like all strong partnerships, mix and balance make it medical and agricultural technologies. work. We invest principally through our incubators: our two Israeli government-franchised incubators, Trendlines It combines Steve’s 35 years of finance, banking, and Medical and Trendlines Agtech, our Singapore investment experience with Todd’s 35 years of business incubators, Trendlines Medical Singapore and AFIC – development, investment, sales, and marketing an agrifood incubator, our in-house innovation center, expertise. Partnership plays a vital role at Trendlines; in Trendlines Labs, and our funds: the Trendlines Agrifood fact, it’s at the very core of our culture. The dedicated Fund and the Bayer Trendlines Ag Innovation Fund. Trendlines team of nearly 40 employees brings together As intensely hands-on investors, we are involved in all wide-ranging expertise (banking, finance, law, R&D, aspects of our portfolio companies from technology business development, communications, media, and development to business building. Simply stated, we marketing) to capitalize on Trendlines’ partnerships create and develop companies to improve the human with entrepreneurs, investors, strategic players, inventors, and governments. condition. It’s almost impossible to describe Trendlines without The early ’90s saw Israel take its first steps on its journey talking about Steve Rhodes and Todd Dollinger, toward becoming the “start-up nation.” In 1993, Steve the company’s founders, chairmen, and CEOs. The and Todd founded Trendlines International as a business development consultancy focused on assisting 18
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Trendlines Medical Invents, Discovers, Invests In, And Incubates Innovation-Based Medical And Agricultural Technologies and guiding innovation-based Israeli companies in the complex U.S. market. Todd and Steve were among the trailblazers in Israel’s fledgling high-tech start-up nationhood. See Trendlines timeline. From the start, Steve and Todd said two things about working with early-stage, innovation-based business: It’s about the people, and it’s about building relationships. These two principles remain at the foundation of their philosophy.
Agrifood At Trendines Agrifood, we “grow” great ideas from seed to success by investing in agricultural and food technologies (“agrifood tech”) that help solve the global food crisis. We partner with entrepreneurs, innovators, leading players, and investors to develop an environment that encourages the free exchange of ideas. Our access to Israel’s world-leading agricultural experts and research centers places Trendlines Agrifood at the forefront of creating and developing companies to truly improve the human condition. This dynamic professional, entrepreneurial community shares know-how, best practices, and the mutual support necessary to enable Trendlines Agrifood’s portfolio companies to succeed and flourish.
Labs Trendlines Labs is our one-of-a-kind innovation and invention house. The Trendlines Labs team has a clear focus on inventing new technologies and products that meet critical unmet needs.
leaders, our highly experienced team delivers ■ New product development ■ NextGen product development We turn ideas into high-promise opportunities for our partners who seek to expand their portfolios and grow their revenue streams with new product development or NextGen product development. We also create, invent and develop technologies that form the seeds for new companies in which The Trendlines Group invests. These new companies are further developed in one of the Group’s incubators.
Medical Trendlines Medical teams with passionate innovators, entrepreneurs, and investors to establish innovationbased companies developing medical devices and technologies to improve the human condition. We seek to improve patient outcomes and reduce healthcare costs, often in collaboration with multinational corporations. In 2013 and 2009, Trendlines Medical was named Best Incubator by the Israel Innovation Authority (previously, Office of the Chief Scientist of the Ministry of Economy). The dynamic entrepreneurial community of medical visionaries and experienced business development professionals team to share know-how, best practices, and the mutual support necessary to enable Trendlines Medical’s portfolio companies to succeed and flourish.
We capitalize on The Trendlines Group’s longstanding relationships with decision makers and clinical experts in the medical industry. Via close partnership with multinational corporations, hospitals, and key opinion MAY 2021
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Smart Future SUMIT KHEMANI Founder & CEO
companies, corporates, insurers and caregivers to develop a broad portfolio of meaningful innovations that improve outcomes and reduce costs.
About Us Smartfuture Pte Ltd is a Singapore-based company with offices and partners in 10 cities. Our aim is to bring together a network of healthcare providers and with the help of IoT and AI, streamline effective solutions, improves health literacy and allows users the option of ownership of their own health data. We are dedicated to forming a network of healthcare providers, government bodies, medical device companies, corporates, insurers and caregivers to develop a broad portfolio of meaningful innovations that improve outcomes and reduce costs... With over 80 clients on our portfolio in over 10 cities, our team is trained to provide tailor-made solutions for every budget, needs, and requirement. We count government bodies, hospitals, clinics, employers, and insurers as our partners and clients. We are part of Google for Startups Accelerator: Southeast Asia 2020, winner of SLUSH Singapore 2018 and shortlisted nominee for the APICTA Awards, SG: D Techblazer among many others.
Our Services We are dedicated to forming a network of healthcare providers, government bodies, medical device
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Online Screeners: We help users to do their health assessment in a matter of minutes with our online screeners. ■ COVID-19 ■ Diabetes ■ Sleep Apnea Onsite Diagnosis: We provide kiosks, pods and kits to users and healthcare providers for instant and regular vitals monitoring. ■ Contactless Monitoring System ■ Health Kiosk ■ Telemedicine Pod ■ Home Kit ■ Home Testing ■ Teleconsultation ■ We provide video calls with doctors and wellness experts for treatment and advice. ■ Doctors and Specialists ■ Nutritionists and Trainers Data Analytics: We do analytics on data that is collected to provide insights to healthcare providers
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Transforming healthcare in 3 simple steps – Screen, Diagnose and Manage
and users. ■ Predictive Analytics ■ Diet and Fitness Recommendations ■ Aggregated Reports
Top 10 HealthTech Solution Providers In Singapore 2021
White Label: We provide our platform in white label to healthcare providers. and integrity of your personal data and will only share your data with authorised persons on a ‘need to know’ ■ Mobile App basis. ■ Web portal ■ HIPAA and GDPR Compliant We at Smartfuture Pte Ltd respect the privacy and confidentiality of personal data in our possession or under our control. We have implemented policies and practices to safeguard the collection, use, disclosure, storage and other processing of personal data provided to us.
Retention of Personal Data We will not retain any documents containing personal data about you as soon as it is reasonable to assume that the purpose for which we collected that personal data is no longer being served by retention of it and retention is no longer necessary for legal or business purposes.
We have a Document Retention Policy that spells out when we must cease to retain personal data and that Protection of Personal Data requires documents and personal data to be destroyed We have implemented an Information Security Policy (paper documents) or deleted (electronic documents that governs how we protect personal data. We make and data stored in databases) securely. Certain reasonable security arrangements to protect personal retention periods are based on statutory or regulatory data about you that is in our possession or under our requirements. control to prevent unauthorised access, collection, use, disclosure, copying, modification, disposal or similar risks. All our employees will take reasonable and appropriate measures to maintain the confidentiality
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The Risks IoT Could Pose to Healthcare Industry
T
he Internet of Thing (IoT) has been a subject of global interest over a couple of decades and the healthcare sector has started to comprehend its enormous potential and benefits in recent years. The technology has recalibrated the care space with its limitless applications in the structure.
As the usage of IoT devices is growing rapidly in healthcare, it can also pose solemn risks to patient care and has the potential of causing major harm to people. Since the technology is not unique to healthcare at all, care centers have quickly embraced single-function IoT devices to advance mobility, expedite the patient care procedures and augment clinical productivity.
IoT in healthcare can improve the quality of service and drastically condense healthcare costs. It has already taken As per the reports, network-connected glucose meters, place in some parts of healthcare, and it has much more bedside heart monitors, EKG machines, infusion pumps, and environmental monitors are now littering the potential to radically transform hospitals and medicine. Increasing adoption of IoT has potentially offered life- healthcare access networks in a move to escalate mobility saving applications within healthcare. By gleaning data and flexibility to accelerate the delivery of critical care from bedside devices, observing patient information and services.
diagnosing in real-time, the entire system of patient care IoT devices can be utilized to subvert hospital networks, could be advanced with the help of this tech, including the control the impact of hospital operations or even be monitored to steal private patient data. This is simply not patient experience. an isolated problem with a few devices. Just take a look IoT Risks in Healthcare 22
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at environmental sensors, which market is projected to reach US$2.3 billion by 2023. These network-connected sensors are designed to monitor everything, including temperature, humidity, air, and water quality. In healthcare, environmental sensors are used for a number of essential purposes.
was indeed handing out the corporate DNS servers, the environmental sensors still reached out to unauthorized DNS servers.
Similarly, most devices on a network, IoT devices also use a common network process, called DNS (Domain Name Server) to get the IP address of a remote server to make a connection. But unlike traditional client devices like laptops or smartphones, IoT systems are generally designed to connect to the specific manufacturer’s servers to checkin or gain software upgrades.
that will allow various wicked attacks or unencrypted data from the devices that can be amassed. And this will create the nastiest scenario for healthcare organizations.
It means the IoT devices receive false data that caused them to connect to very vulnerable service in the cloud that they don’t suppose to. This may lead to a major security and Environmental sensors and other new emerging IoT devices protocol breach, as well as hijacking web traffic to deliver have been built to provide Biomed clinicians and healthcare ransomware. facilities the essential information about maintaining and Once a device within the corporate network is formed a supervising a sterile environment, critical for patient health connection with a non-sanctioned device elsewhere, a and necessary treatment. Besides the benefits, some big range of breaches can take place. Afterward, the breaches risks also appeared or come with these devices. potentially enable the software to be placed in the IoT device
The DNS process is utilized to translate a server name into an IP address to which they can connect. And the DNS servers that client devices are supposed to utilize for this purpose is typically mandated by the network administrator for any given company through static configuration or using a DHCP service. In this case, several environmental sensors were simply avoiding their configured DNS and redirecting the devices to illegal DNS servers. While the DHCP service
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The presence of artificial intelligence-powered technologies in the market can help in overcoming these challenges and other IoT threats. The solutions are designed to employ constant network traffic analysis to recognize anomalies that indicate potential issues. In such solutions, machine learning algorithms are one used to quickly establish baselines, analyze behavior or link all the dissimilar dimensions of the network to determine which network is best.
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Top 10 HealthTech Solution Providers In Singapore 2021
GRACE PARK Co-Founder & President
Company overview
for thinking about healthcare quality. We define healthcare quality as a function of outcome, price, DocDoc is the world’s first patient intelligence and experience. company. We combine the power of artificial intelligence with human intelligence to deliver Outcome: Clinical result of your case, including powerful healthcare solutions to insurance improvement in health, recovery time, and risk of companies, employers, and governments. By complication. combining AI-powered doctor discovery, Price: Charges associated with your care, including telemedicine, and cashless services on a unified bills related to physician care, medications, and platform, we help patients to optimise healthcare clinic or hospital services. outcomes and costs, as well as enhance the patient’s Experience: Feeling of satisfaction or end-to-end healthcare journey. dissatisfaction with care, including wait time, DocDoc has established the largest and most cleanliness, friendliness, and knowledge ability. comprehensive doctor network in Asia. Doctors At DocDoc, we seek physicians, clinics, and are selected based on expertise only. We are not hospitals with excellent outcomes who believe they paid by doctors in any way. are the best at what they do. We then spend hours Our mission is to empower patients to take charge with each doctor, investigating quality of care and of their healthcare journey and help them find documenting procedures and conditions where specialised high quality care at a fair price. The first the physician excels. We review national records to step in doing this is to create a common framework confirm credentials and discover any legal action. 24
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Doc Doc We combine the power of artificial intelligence with human intelligence to deliver powerful healthcare solutions to insurance companies, employers, and governments Then, we enter information from multiple sources into HOPE (heuristic for outcome, price, and experience), our artificial intelligence (AI) powered doctor discovery engine. HOPE applies our state-of-the-art knowledge model and learning algorithms to extensive proprietary data on healthcare quality collected from the DocDoc network to find a best match between a unique patient need and unique physician experience. Our model is that everyone wins. The patient finds a highly qualified doctor to treat their condition. The physician, who excels in specific treatments and procedures, has a company validate their expertise and send select patients to them so they can focus on clinical care. The insurance firms and employers, knowing that happy patients maintain memberships and healthy employees are more productive, pay us a modest fee to assure their patients make informed medical decisions. The service is free of charge to doctors to ensure transparency and avoid conflict of interest.
■ Reduce project delays ■ Strengthen company reputation
Bend the cost curve through the use of data In an opaque industry, DocDoc uses medically relevant data to help patients receive efficient high quality care the first time around. ■ Reduce upfront medical payout ■ Improve efficiency of care delivery ■ Enhance quality of care by complications and readmissions
Build loyalty engagement
through
reducing
positive
We delight policyholders because we understand their needs and provide real value.
The end result is that we are a company that focuses ■ Improve Net Promoter Score entirely on the patient, partnering with them to ■ Gain a competitive edge with a differentiated product find a high quality doctor to meet their needs. Our medical concierge will spend as much time with ■ Make your agents heroes by enabling exceptional each patient as needed. Patients can feel confident customer support in knowing we have no incentive but to assure they receive the best possible care.
Mitigate risks of expat assignment failures We help your employees mitigate the risks of flying blind in healthcare. We support your employees with medically relevant data needed to successfully navigate foreign medical environments. ■ Improve employee productivity MAY 2021
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Tessa Therapeutics DR. GORAN ANDO Chairman
our own state-of-the-art commercial manufacturing facility. We are also currently setting up our United States headquarters in New Jersey.
T
essa Therapeutics is a clinical-stage biotechnology Oncolytic Virus Combinations company developing a portfolio of novel next- Current CAR-T cell therapies have had limited clinical generation cell therapies for cancer. success in patients with solid tumors. Some of the roadblocks Tessa is leading the way in CD30 targeting using cell therapy. for CAR-T cell therapy in solid tumor targeting includes CD30 is a well validated lymphoma target with homogenous heterogeneity of cancer antigen expression in solid tumors expression in Classical Hodgkin Lymphoma and multiple leading to outgrowth of escape variants, low levels of tumor subsets of non-Hodgkin Lymphomas. Tessa’s approach antigens expressed in organs leading to on-target off-tumor to target CD30-positive cancers using CAR-T (Chimeric activity, presence of physical barriers restricting immune Antigen Receptor) cells has demonstrated excellent safety cell entry, together with the development of an immune and efficacy in early clinical trials. Having received the suppressive microenvironment. Novel approaches for CAR T RMAT and PRIME designation, Tessa is now advancing the cell therapy in solid tumors are therefore urgently warranted. therapy to a pivotal trial. Tessa’s novel approach to overcome the challenges of applying Off-the-shelf allogeneic cell therapy has significant advantages and is the next frontier in cancer treatment. Tessa is developing a unique and potentially transformational allogeneic CD30-CAR EBVST platform capable of targeting a broad range of cancers. This platform is based on decadeslong research and development on unique properties of Virus Specific T-cells (VSTs) by our Scientific Co-Founder, Dr. Malcolm Brenner, and his team at Baylor College of Medicine.
CAR – cells in solid tumors is to is to combine CAR-T cells and binary oncolytic virus therapy. The administration of this therapy is a two-step process: adenoviruses consisting of oncolytic and helper-dependent adenoviruses are administered locally into the tumor, followed by systemic infusion of tumor antigen targeting-CAR-T cells. The oncolytic virus directly kills tumor cells and while doing so, generates an inflammatory tumor microenvironment that would be more accessible to CAR T cell infiltration. Entry of Tessa is proud to be innovators in the field of cancer CAR T cells into these ‘hot’ tumors enables a second wave of immunotherapy, and remains committed to making a tumor killing. The helper-dependent virus encodes for local difference in the lives of cancer patients worldwide. Our production of T cell stimulant IL-12 and checkpoint inhibitor global headquarters are in Singapore, where we are building anti-PD-L1. This further immunologically primes the tumor
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It Is A Clinical-Stage Biotechnology Company Developing A Portfolio Of Novel Next-Generation Cell Therapies For Cancer
Top 10 and super-charges the CAR T cell for tumor killing. We are testing this approach in our TT16 Phase 1 clinical trial in United States, where we combine HER2-CAR-T cells and binary oncolytic virus therapy to target HER2-positive solid tumors.This study is being conducted in partnership with Baylor College of Medicine.
HealthTech Solution Providers In Singapore 2021
Manufacturing Building State-of-the-art, GMP manufacturing facility suited for global regulatory standards Building robust, scalable operational capabilities is a critical aspect of our strategy to rapidly and reliably deliver cell therapies to patients worldwide. We plan to open our state-of-the-art, 90,000 square foot commercial-scale cell therapy manufacturing facility in 2021. Located in Singapore, it will be one of the leading facilities of its kind in Asia. The facility is designed to support manufacturing for both T cell and CAR-T immunotherapies for our clinical development and future commercialisation needs. Apart from manufacturing, the facility will also have integrated CMC capabilities to enable rapid product development. The facility is being developed to be in compliance with current Good-Manufacturing-Practice (cGMP) guidelines from the U.S. Food and Drug Administration, European Medicines Agency and other key regulators in Asia.
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Top 10 HealthTech Solution Providers In Singapore 2021
PROFESSOR DAVID LAI Co Founder
About Us
individuals across cultures, languages and countries to empower all to live long healthy lives. Join us in We believe that a healthy population lays the building fitter, healthier and happier societies. foundations for happy, productive and connected societies. To reach this goal, we harness science to empower the population to live long and healthy Solutions lives and thereby reduce the growing burden of For Life and Health Insurers And Re-Insurers: non-communicable chronic disease. Aktivo helps life and health insurers to engage and Anything is possible when highly motivated people who acquire high value customers, price and manage share similar beliefs apply themselves to solve serious risk at scale, and provide a deeply valued service for global problems. We turned this belief into action meaningful interaction with customers. when we created Aktivolabs to take on the challenge of improving population health. At Aktivolabs, we are ■ An engagement tool with customers: With Aktivo, insurance customers objectively determine the building digital behavioural modification tools using impact of their lifestyle choices on their health best practices and scientific methods to improve the every day. Aktivo helps insurers stay in touch with health of people across cultures and countries. the customers and provide support on what really Our flagship health app, Aktivo, is powered by a matters to the customers, which is their long-term proprietary algorithm generating the Aktivo Score®, health. which is a digital biomarker for health and longevity. ■ Stay ahead with machine learning: Using We are focused on reaching corporations, insurers and historical and customer-behavioural data, the 00
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Aktivo Labs
Aktivo Helps Life And Health Insurers To Engage And Acquire High Value Customers, Price And Manage Risk At Scale, And Provide A Deeply Valued Service For Meaningful Interaction With Customers their medical claims. Aktivo Analytics Engine provides deep insights into Customer Lifetime Values and Population Health Models. With Aktivo Analytic Engine, insurers can use the Campaign Analytics Module and Customer Use the Aktivo Score® to make effective Forecasts to run promotions and programs for workplaces. focused marketing. Aktivo drives corporate engagement with employees through the best digital health and wellness experience. With Aktivo’s digital health tools, corporations Deliver Product Innovation. objectively measure and drive healthy behavioural ■ Seamless accelerated underwriting: With Aktivo, change. The easy-to-use Aktivo Dashboard helps insurers can now launch products that redefine corporations to support people decisions with customer interaction and the ease of doing business. actionable insights from lifestyle data. ■ New and compelling product design: Aktivo For Users empowers insurers to stand out from the competition ■ Living a good life: Many of you aspire to be with new and compelling product design while vastly productive in your work and be an integral part improving the ease of onboarding policyholders. of a community. With these demands placed on For Corporations: With Aktivo, corporations your time, Aktivo helps you make the right lifestyle provide a low touch, high impact platform that choices in a busy routine for a long and healthy life. gives corporate employees the information to make ■ Start your Aktivo journey to a long and healthy the right choices for healthy lifestyles and long-term life: All you need is your smartphone to begin your health. Aktivo helps corporations engage corporate Aktivo journey. Your Aktivo Score® tells you how employees for health, wellness and productivity healthy is your lifestyle and is your guide to optimal through group activities as well as engaging health. customised content at the Aktivo Social wall. ■ Group up for the Aktivo team experience.: ■ The right kind of motivation with the Aktivo Team up with your family and friends for custom Score®: Aktivo empowers corporate employees challenges to keep each other on the Aktivo track as to live a healthy lifestyle every day. With Aktivo, you improve your Aktivo Score®. Share your journey corporations reward healthy lifestyles across teams, on Aktivo Social while drawing inspiration from departments or as an organisation. Aktivo allow tips and advice. Check your progress with Aktivo corporate employees to recognise the benefits of statistics and stay on course to a long healthy life. their daily lifestyle choices and guide users to attain long-term health. ■ Reduce medical costs with the Aktivo Score®: Aktivo’s leveraging of the latest in digital health technology enables corporate employees to live a healthy life, reduce the risk of chronic diseases, lower their health insurance premiums and decrease MAY 2021
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Natural Language Processing is on the Brink of Redefining Healthcare Industry Natural Language Processing is on the Brink of Redefining Healthcare Industry
Healthcare is one of the major industries in adopting artificial intelligence to detect, analyze and diagnose diseases. From automated eye scans and robotic surgery to assessing the cries of new-born babies, faster drug development, personalized medicine, to virtual medical treatment, AI is being utilized.
framework, a change that may not come to pass being as smooth as CMS could anticipate. This is where Natural Language Processing (NLP) comes in. It’s a focused branch of AI aimed at interpretation and manipulation of human-generated spoken or written data.
Some NLP efforts are attentive regarding beating the Turing test by generating algorithmically-based entities that can mimic human-like retorts to queries or conversations. As The industry is fast realizing the significance of data, NLP is becoming popular for representing and analysing accumulating information from EHRs, sensors, and other human language computationally, the global market for sources. But, to make sense of the data collected always NLP in the healthcare sector is expected to value US$1,756 remains challenging for the healthcare space. Currently, million by the end of 2025, from US$486 million in 2018. the industry is also facing major challenges between the The market will grow at a whopping CAGR of 20.1% over expected end of the EHR (Electronic Health Records) the projected timeframe. Incentive Programs and the deployment of the MACRA Rising Facets behind NLP in Healthcare 30
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In the healthcare industry, NLP can assist in improving the precision and completeness of EHRs by converting the free text into standardized data. Usage of an analytic tool and deep learning to construe medical data and advancing clinical decision-making could stimulate the business growth of the global NLP in the healthcare market. There are few tasks that drive the NLP system in the healthcare industry, including empowering patients with healthy learning; briefing lengthy blocks of narrative text; mapping data elements to present in structured fields from unstructured text in an EHR with the intention of enhancing clinical data integrity; supporting value-based care; responding free-text queries that require the synthesis of multiple data sources; and recognizing patients who require advanced care.
actually utilize unstructured data to deliver better care to patients. In decision support, NLP can be utilized to fill potential care gaps, and also supports healthcare organizations to capture risk scores more precisely. Some healthcare provider organizations leveraging NLP to automate compliance processes. NLP analytics analyze provider documentation and flag those that need clinical coder review, recognizing charts that may have compliance concerns in need of human review.
Despite, there is slow uptake in NLP’s adoption. The first reason behind this is the technology was inadequate for a long time, and clinical technologies weren’t designed to efficiently assimilate with NLP. The second reason is the initial exuberance of large-scale EHR implementations NLP has a range of potential applications. It can improve driven by federal funding in the early to mid-2000s led the completeness and accuracy of EHRs by converting many people to believe EHRs would be able to capture all free text into standardized data. It could be able to make of the distinct data and more of the unstructured data than documentation requirements easier by enabling providers they perform. to command their notes or create personalized educational In a nutshell, NLP could be utilized to examine speech materials for patients ready for discharge. patterns, which could prove to have diagnostic potential How NLP Benefits Healthcare? when it comes to neurocognitive injuries like Alzheimer’s, With NLP, healthcare providers can accomplish several dementia, or other psychological or cardiovascular benefits, especially the ability to deliver better and life- diseases. Its evolution in healthcare industry obviously saving care to patients. The technology can assist in will increase in the coming years as it offers an array of automating and making workflows more effective when it functionalities. used correctly and aptly. It can also help in encouraging and fostering physicians and other care team members to
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Kambyan Network CAPT SUDHIR A K KUMAREN Group Exce
SENTIENT solution platform that allows anyone to connect an intelligent machine or application designed for a specific purpose. We provide expert services for your organization’s mission critical assets using drone technology. Through state-ofthe-art data collection and analysis, and comprehensive About The Kambyan Network program software, we are able to deliver transformative Established since 2017, The Kambyan Network is helmed intelligence that optimizes energy production, protects by Arinaa Kambyan Berhad, which develops, operates and people, and improves infrastructure, all while simplifying maintains the Decentralised Autonomous Platform called maintenance and management processes. ManUsIA™ (Man Using Intelligent Applications). ManUsIA™ is a comprehensive Autonomous Sentient Solution Platform, Our Mission that enhances our daily lives by autonomously managing any and every application, gadgets and robots. ManUsI Mission The Kambyan Network is a technology consortium that enables enterprises to perform autonomous operations through the Autonomous SENTIENT platform ManUsIa™ and to reap the transformative benefits of UAS technology through our comprehensive Specialised Data and UAS & ROBOTICS engineering teams, highly skilled flight operators, data scientists and various personnel with specialised skill sets. We help businesses deploy autonomous solutions at scale, saving thousands of dangerous, dull, dirty and difficult man-hours and helping businesses thrive in these challenging times.
To replace the Dirty, Dull, Difficult & Dangerous (4D) manual jobs with highly trained Technopreneur using autonomous systems. Our Goals ManUsIA GOALS: Improve the socio-economic conditions of the rural people with our ManUsIA intelligent Digital Agricultural Systems (MiDAgS)
Careers
We employ high energy, skilled individuals who thrive on being at the top of their game. We pride ourselves on Machine Development maintaining a culture based on integrity, professionalism, and fun. Kambyan team comes from all walks of life, and What we do we keep learning every day. With the increasing demand We develop, operate & maintain an Autonomous of autonomous operations in Malaysia
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To replace the Dirty, Dull, Difficult & Dangerous (4D) manual jobs with highly trained Technopreneurs using autonomous systems
Top 10 Kambyan needs 200 professionals to be fully trained and hired at the Kambyan Network.
Services From turnkey aerial inspections to a la carte training, analysis, and consulting; Measure offers its customers the ability to choose the solution that best meets their needs. ■ ■ Digital Agriculture: Digital agriculture is the use of new and advanced technologies, integrated into one system, to enable farmers and other stakeholders within the agriculture value chain to improve food production. ■ Autonomous UAS Training: UAS and Robotics Academy was set up by a group of Malaysian autonomous flight experts with extensive experience in the aviation and aerospace industry. It provides theoretical and practical training of autonomous UAS in large and small, fixed and rotary with UAVs.
HealthTech Solution Providers In Singapore 2021 Robotics/UAS/AI Research & Development: Is the Research and Development arm of the Kambyan Network. We carry out cutting edge research in the fields of robotics, unmanned aerial systems. Established both in Malaysia and Singapore. Saffron Info Systems an MSC Status Company made its mark by creating a niche in the real estate sector with its flagship solutions; the Electronic Property Valuation System (ePVS). Currently the solutions are being converted into the digital ledger technology as a comprehensive asset management system.
■ IR 4.0 Training Centre: URA is at the forefront of providing the RPA-FO training and academic knowledge to students and working adults. We apply holistic approach in our academic curriculum which has proven effective in producing quality graduates with sound technical ability as well virtuous characters as we inculcate ethical values throughout the course of education.
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Top 10 HealthTech Solution Providers In Singapore 2021
M CHANDAR MOHAN Founder
About Us Our Vision: Affordable Healthcare for All In early 2019, an ordinary meet up of friends comprising veterans from the pharma industry, healthcare sector and general public, touched on a topic close to everyone’s heart; Cost of Healthcare in Singapore. That’s where the spark for Saver’s Med Community got ignited. We envisioned Saver’s Med to be encompassing the following main objectives: Empowering Patients to Collectively Negotiate Best Cost of Medicines/Prescriptions Making self-pay healthcare more affordable for everyone by better managing their prescriptions
promotions to patients. It has not been a practice for doctors to offer discounts to patients when they sell the medicines they prescribe from their clinics. Main Strength in Saver’s Med Business Model: Social enterprise façade. Neither are we an alternate distributor, wholesaler or pharmacy. Not a competition to existing distributors, clinics or pharmacies. First mover advantage with high barrier for new entrants.
In 3 years Saver’s Med wants to have 100,000 members signed up and purchasing their discounted long-term meds generating about $75 million sales. Saver’s Med will charge a 5% transactional fee earning about $3.75 Everyone speaks about healthcare costs all over the million. Massive opportunity to earn by selling other world, from the governments, politicians and industrial OTC and supplements to members using wholesale partners. Consumers/patients always end up struggling direct to consumer approach. MOU signed with a with ever-increasing costs, especially prescription costs. leading pharmaceutical distributor/wholesaler to Prices of medications are high, especially for those who partner Saver’s Med and fulfill the objective. (Proof of Concept) Many clinics already agreed in principle pay out-of-pocket. to be listed on our portal as one of the prescription Clinics are not allowed to advertise discounts and 34
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Saver's Med Pte Ltd Empowering Patients To Collectively Negotiate Best Cost Of Medicines/Prescriptions collection units clearly show that it will be a win-win for patient group industry partnership. (Proof of Concept) Straits Times Health Desk has already reviewed and approved a story to be published on our concept, to be published when we launch. This will be a massive boost to our marketing initiatives. Web portal development project ($30,000) secured as convertible loan and work commenced by RMA Group, to develop Saver’s Med portal’s full functionality including secure member page, payment gateway, e-commerce facilities etc.
Power of Collective Saver’s Med allows patients to join forces to form a collective which enables us to negotiate for better prices for our prescription meds. This will help us save hundreds of dollars in healthcare expenditure annually.
receipt online ■ Collect medicines at your choice Pharmacy*
Acknowledgements: Saver’s Med Community would like to thank all friends and supporters who have helped and contributed in so many ways to set up this platform. They believed in the concept behind Saver’s Med, the power of collective, and how it has the potential to make a difference in society by helping members better manage their healthcare expenses. As the community continues to grow, we welcome any form of help or ideas from members that can improve this platform further and help us achieve our common objective together.
Few Steps to Start Saving ■ Sign Up at Saver’s Med ■ Receive discount updates as others join the collective ■ Pay the discounted price and receive collection
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Neeruo EDDIE CHAU Chairman & Founder
a faster rate than the total population. With the story of an ageing population it will come with mental challenges like dementia.
N
In fact, it is estimated that 46.8 million people worldwide currently have dementia and is set to double every 20 years, reaching 74.7 million by 2030. The estimated cost of dementia is US$818 billion in 2015.
eeuro is an innovative Mind Wellness technology company in the Digital Health area. Founded by a team of technopreneur, neuroscientists, data scientists and game specialists, the company is developing Our Belief products to help improve Mental Health and Brain Fitness. Neeuro strongly believes that early diagnosis and early Empowering People to Live Happier, Healthier and More intervention are key mechanisms that can close this treatment gap. It’s always better to seek preventive methods Productive Lives rather than to find a cure. With years of development and collaboration with education institutions and professionals, Neeuro has created modern At Neeuro, we want to be part of this solution towards and fun learning solutions to give children a head start for a addressing this challenge starting from the young, as with many nations addressing an ageing population under Smart sharper mind. Nation and Smart City initiatives. At the same time, we want We believe that by creating these programs, you will be able to reach out and provide our solution to as many people as to strengthen the areas that students are weak and make possible. learning more enjoyable, meaningful and purposeful. Our Mission
Neeuro is a member of Singapore Centre for Social Enterprise (raise.sg) and we have a social mission to aid seniors, care To develop innovative products that empower people to live centers, communities and health service providers with happier, healthier and more productively through the use of brain training. neurotechnology and Gamification.
Our Story and Vision
A Global Crisis
About the Chairman
Our world’s population is ageing fast. According to the United Eddie CHAU - Chairman & Founder Nations, global population aged 60 and above is growing at
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We Have A Social Mission To Aid Seniors, Care Centers, Communities And Health Service Providers With Brain Training
Top 10 A serial entrepreneur who founded e-Cop, Brandtology, V-Key, with successful exits for both e-Cop and Brandtology. He is on the board of several organizations including raiSE (Singapore Centre for Social Enterprise) and Mount Alvernia Hospital.
Be one of the partners of the next big wave in technology Great for organisations, researchers, and everyday consumers, Neeuro’s SenzeBand and accompanying mobile apps gets individuals on track with their brain fitness. SenzeBand is a brainwave sensor that tracks one’s mental states while going through brain training activities. What makes this solution so unique is its ability to track whether you’re really giving your brain a mental workout, based on the attention levels and mental workload that is read through SenzeBand. Collaborate with Neeuro and be part of the next big wave in technology.
Attention Training
HealthTech Solution Providers In Singapore 2021 ■ Use a fun and interactive game to help solve your children’s biggest issues with attention! ■ Easily administer and track progress! Instant Benefits of Attention Training Technology ■ Portable: The solution has been packaged so you can easily use it anywhere. ■ Easy-to-use: It’s easy to use that you’ll have more time having fun during training. ■ Track Progress: Monitor mental states so you know how well the users are performing. ■ Growth: Promote this cutting-edge technology and be featured with by us.
CogoLand is a patented digital attention training programme based on Brain Computer Interface (BCI) technology developed through a decade’s worth of extensive research that improves attention in children. ■ Have the means to train an essential learning skill!
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Artificial Intelligence Is Projected To Change Healthcare Sector
A
will facilitate in designing surgery, facilitate doctors with s per Gartner, most organizations are in the early correct measurements, and assist throughout surgery by stage of Artificial Intelligence adoption. Around 6% tracking vital and other data. AI will facilitate surgeons use it; over 60% of organizations are still attempting to perceive surgery outcomes higher based correlations to grasp it. It’ll take a minute before the $64000 advantages from similar cases. of AI is leveraged. Here are the sectors wherever AI has already created a mark or will build a distinction within ■ Using NLP and vision, AI will assist doctors with the the future. designation, running pharmacy correlations with other drugs, allergy, food, etc. AI will facilitate physicians with ■ Investment vision, deep learning on sensor-based transcripts and voice-assisted case management. All of important data, physicians are higher equipped to these integrated with EHR systems can herald the bestdiagnose ailments. Medical imaging is taken to new of-the-best values. levels wherever AI will accurately diagnose and, in some cases, even predict diseases. Blood smears can use vision ■ Virtual health assistants are tools like chatbots or a to count cells and anomalies. ECG and cardio data will conversational service using smart speakers and may undergo AIto predict outcomes and assist physicians in facilitate answer health-related quires, check symptoms, a correct designation. or assist with appointments, etc. ■ Hospital re-admission has been a grave concern and ■ AI will assist hospitals in quality management of assets, millions are wasted because of lack of post-operative emergency management, and more efficient planning of care. AI will facilitate predict things like this and may processes and functions. assist care suppliers in taking additional precautions. ■ In the field of telemedicine, AI will bring wonders ■ Based on the patient case and needed procedures, AI by enabling correct remote health monitoring and 38
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upon the solution’s ability to integrate with the hospital or doctors’ progress. AI systems mustn’t be perceived as an If we have a tendency to flip to a different aspect of health additional method as which will scale back the worth such care, that’s ‘insurance’, AI will bring services together along systems will probably bring. with the care side to bring down the health care payment However, the adoption of Artificial Intelligence in health care, each clinical and insurance, are slow and can face globally. ■ Outcome, risk, cost comparison for similar cases in some challenges like: predictive diagnosis, leading to cheaper and effective remote/rural health management.
several hospitals/cities can facilitate insurance firms compare cost and higher optimize the plans offered and their premium.
■ Ethical issues thanks to the reduction in Hu element: UN agency takes the liability for a negative event?
■ Regulation and compliance can play a giant role in the adaption of Artificial Intelligence as they’ll govern the method and procedures followed.
■ The predictive element of care will assist suppliers in reaching resolute patients for proactive care management, which might save vital amounts for each ■ Initial adoption each by physicians and patients can see side. hiccups largely associated with trust factors, until the time each party build confidence in such systems. ■ Predictive AI for care, claims, and other info can even facilitate suppliers to come back up with cheaper and ■ Lack of requisite talent sets for technology adoption, more practical health plans. followed by training of finish users. ■ AI systems will sift through clinical and claims knowledge to spotlight errors in designation, payments, frauds, and progress problems, so providing a real valuebased care system.
Finally, AI or any new-age technology can face the ‘Iron Triangle’ of health care (access, quality, and cost) take a look at to prove its value. But in an industry that has continually lacked skilled manpower to manage everyone’s health, AI The real test for Artificial Intelligence systems can depend will do wonders in times to come back.
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