The company is working on both geographic expansion and the expansion of its product offer. At the beginning of 2021, it concluded the first foreign distribution agreements in Great Britain, France, and Luxembourg markets and expanded its sales channels in Poland. After acquiring a distributor in Brazil, she applied to Agência Nacional de Vigilância Sanitária (Brazilian health agency) to obtain a certificate of compliance for the CarnaLife Holo solution, which will allow her to move to the next stage of activity in the local market. At the beginning of 2022, MedApp Germany GmbH was established, dedicated to business development in Germany, Austria, and Switzerland. Recently, MedApp signed an agreement to award a grant from European funds to prepare the process of entering the Mexican market under the European Regional Development Fund – Intelligent Development Operational Program and acquired cooperation with one of the leading distributors of medical solutions in Europe. Promedica Praha Group will be the exclusive distributor of CarnaLife Holo technology in the Czech Republic, Slovakia, Hungary, and Finland. The company’s development plans cover other countries, and international expansion may accelerate the acquisition of a new investor. The globally operating Haitong Bank will be responsible for carrying out this process.
MedApp develops the functionality of its products based on artificial intelligence, big data analysis, 3D modeling, and visualization. Initiatives to develop the product portfolio have resulted in obtaining grants from EU funds to create a navigation tool for doctors (CarnaLife Holo MedNav). It signed an agreement with the Helimed Diagnostic Imaging network to create Radiology Information System (RIS) software, storing and managing image data and ultimately integrating it with the MedApp CarnaLife System telemedicine platform.
Imaging diagnostics and digital medicine
MedApp is a technology company listed on the NewConnect market in Warsaw and on Börse Frankfurt, which offers innovative, unique software solutions in diagnostic imaging and new generation digital medicine services (MedTech). They are based on artificial intelligence, mixed reality, and 3D imaging solutions. The essential products, globally scalable, are CarnaLife Holo, CarnaLife System, HoloComm, and the Digital Clinic. The company is supported by the Scientific Council, consisting of recognized specialists in medical innovation. MedApp also cooperates with international technology and medicine leaders, such as Microsoft, Google, GE Healthcare, and OVHCloud, providing its customers with safe collection, analysis, and data visualization.
Review of solutions
CarnaLife Holo is a medically certified (certification class: CE IIb) innovative technology supporting the planning and performance of complex medical procedures. With the help of the HoloLens 2 goggles from Microsoft, the doctor sees a three-dimensional hologram reflecting the imaged anatomical area in real space. The doctor can freely interact with the displayed hologram.
The CarnaLife System (CE IIb) solution is an advanced digital medicine platform that allows a physician to assess and monitor patients’ health and conduct consultations at any time and place. Over 20 remote measuring devices support the system. Research results are analyzed 24/7 using AI algorithms and Big Data analysis. A Digital Clinic was created and addressed directly to patients and individual users based on this solution.
HoloComm is a solution for remote, three-dimensional presentation of products, training, education, audits, and other data using Microsoft HoloLens 2 glasses. The software is used in industry, medicine, and education.
The idea behind MedApp’s activities is to facilitate patients’ access to medical care and transfer it to the level of comprehensive digital medicine using new technological solutions supporting the process of diagnostics, analysis, and treatment (including procedures) rehabilitation. When using CarnaLife Holo, the treatment time is reduced by 1/3, saving staff time and increasing the number of possible treatments. The advantage of Canalife System is the support of comprehensive diagnostics and medical care for the patient and the effectiveness of the doctor’s work time management.