PROTXX and AltaML Announce Wearable Device and Machine Learning Collaboration

MENLO PARK, Calif. and EDMONTON, Alberta, June 9, 2020 /CNW/ -- Silicon Valley- and Calgary-based precision medicine technology pioneer PROTXX and Alberta-based artificial intelligence (AI) and machine learning (ML) product developer AltaML today announced that they have launched a collaboration to expand the data analytics capabilities of the PROTXX precision healthcare platform to support automated diagnoses of neurodegenerative medical conditions.

The PROTXX precision healthcare platform integrates wearable sensor and machine learning innovations to replace bulky and expensive clinical equipment and time-consuming testing procedures for a variety of neurodegenerative medical conditions in which patients suffer from impairments to multiple physiological systems. PROTXX solves the difficult problem of identifying and quantifying these multiple different impairments, disrupting diagnosis and treatment with easy-to-use low-cost precision patient assessments.

AltaML is developing a portfolio of future-focused ML-powered software solutions across multiple industries, including healthcare. Cory Janssen, Co-Founder and CEO of AltaML, commented: "Our initial work with PROTXX will focus on developing solutions that address two major ML challenges in digital healthcare: classifying medical conditions using relatively small data sets, and enabling visualization and explanation of ML diagnoses based on intuitive physiological features. The PROTXX sensors generate data well suited for ML, and we are excited to have this opportunity to accelerate time-to-market for PROTXX solutions that will reduce the cost and time required to make accurate clinical diagnoses and quantify patient responses to treatment and rehabilitation."

Earlier this year PROTXX announced the incorporation of subsidiary PROTXX Medical Ltd in Alberta to support product development and pilot deployment initiatives with local customers and R&D partners, and to leverage the province's world-class expertise in both healthcare service delivery and machine learning. PROTXX CEO and Founder, John Ralston, added: "We are excited to announce our collaboration with AltaML. Clinical data sets collected over the past two years have revealed that the unique features and patterns detected in PROTXX wearable sensor data can be leveraged to independently classify and quantify multiple physiological impairments resulting from age-related disorders such as stroke, diseases such as Parkinson's disease, injuries such as concussions and sub-concussive head impact exposure, and medical treatments such as prescription medications and invasive neurosurgeries. The application of state-of-the-art machine learning techniques for small data set classification and data visualization will accelerate our commercialization of innovative and scalable precision healthcare tools that improve the diagnoses and treatment of these and many other complex medical conditions."

About PROTXX Inc. (http://protxx.com/)
PROTXX develops clinical grade wearable sensors that enable rapid non-invasive classification and quantification of neurological, sensory, and musculoskeletal impairments due to fatigue, injury, and disease. The company's large proprietary data sets have been used to develop and train machine learning models that can automate analytical tasks such as classifying specific medical conditions based upon their unique impairment signatures. PROTXX customers and partners in Canada, the U.S., the U.K., and Japan are helping healthcare payers rein in costs, providers improve quality of care, and consumers gain greater access to higher quality care and improved outcomes. PROTXX innovations have been recognized with numerous industrial, academic, and government awards.

About AltaML (https://www.altaml.com/)
AltaML builds transformational software for business, powered by machine learning (ML). AltaML partners with organizations using a co-development model where we provide technical and strategic expertise on how to leverage their data with AI/ML to deliver significant ROI and new forms of competitive advantage. Founded in 2018 in Edmonton, AltaML has offices in Edmonton, Calgary, and Toronto.

Media inquiries
John Ralston, President & CEO, PROTXX Inc.
email: john.ralston@protxx.com
tel: 650.215.8418.

Cory Janssen, CEO & Co-Founder, AltaML Inc.
email: coryj@altaml.com 
tel: 780.702.1416

SOURCE PROTXX Inc