@otologictech.com
Otologic Technologies is developing an artificial intelligence system to help doctors better diagnose ear disease.
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Otologic Tech is a pioneering brand in the healthcare industry, revolutionizing the way ear exams are conducted. Recognizing the inherent flaws in the current ear exam process, Otologic Tech aims to provide objective and accurate care. With approximately 250 million ear exams performed each year, misdiagnosis rates are alarmingly high, reaching 70%.
This leads to unnecessary overtreatment, including 8 million unnecessary antibiotic prescriptions, resulting in wasted resources amounting to $1 billion. Otologic Tech offers AI tools that utilize proprietary and patented artificial intelligence approaches to deliver objective guidance during ear exams. Their innovative technology supports clinical decision making at all levels of care, from primary care physicians to specialist ENT doctors.
Their goal is to bridge the gap in telehealth by simplifying eardrum imaging and facilitating efficient provider-to-provider workflows. The brand's primary product, SelectStitch software, analyzes short videos of ear exams to create one coherent image of the eardrum. Additionally, they are developing a diagnostic analysis tool capable of screening for up to 14 types of diagnostic conditions, providing invaluable findings to healthcare practitioners.
With a diverse and experienced team, Otologic Tech is well-equipped to bring their vision to life. They are currently raising seed funds for market entry and plan to conduct product pilot testing in the summer of 2023. With immense market potential and a strong focus on regulatory clearance, Otologic Tech is poised for success
Company Type
Privately Held
Company Size
2-10
Year Founded
2019
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