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Wednesday, April 17, 2024

Health-tech startup gets boost from Microsoft

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A Philippine and Singapore-based health tech company gets Microsoft’s support to further accelerate its innovation in medical imaging. 

Health-tech startup gets boost from Microsoft
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Lifetrack Medical Systems offers a hybrid on-premise/cloud-based solution that enables affordable access, rapid transmission, and aggregation of medical imaging for emerging markets. 

Its LifeSys platform simplifies radiologists’ workflows by connecting and distributing medical images from imaging centers to hospitals and single to multiple sites, including remote areas, within a single platform. This lowers treatment costs and makes medical imaging possible anytime, anywhere. 

To date, over 2 million patient studies across 12 different countries have been diagnosed using Lifetrack’s platform.

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“Our mission is to bring healthcare, particularly medical imaging, to two-thirds of the world that has no access to it. We can do this by improving the efficiency of radiologists and using the latest technologies to ensure that healthcare is accessible to all,” said Dr. Eric Schulze, chief executive officer and founder of Lifetrack Medical Systems.

Health-tech startup gets boost from Microsoft

The support from Microsoft comes at the heels of Lifetrack’s win at the inaugural regional 2020 Emerge X Competition held at the Philippine Startup week last year. The health-tech company was one of the four winners. 

“Lifetrack’s innovative solution is a game-changer in the medical field. By making radiology more accessible and cost-efficient, treating illnesses and saving lives of people in developing countries become more within reach,” said Abid Zaidi, chief operating officer of Microsoft Philippines.

Microsoft will provide Lifetrack access to its Microsoft Azure platform as well as an intensive mentorship and support program to accelerate its growth. The Emerge X Program sits within Microsoft’s Highway to a 100 Unicorns initiative which discovers and nurtures high potential technology startups, and grows the ecosystem in emerging markets across the Asia Pacific.

Health-tech startup gets boost from Microsoft

“There is so much potential among our digital natives and we believe that with the right support, these natural innovators can potentially catalyze creative disruption in the economy – creating new opportunities as well as new markets,” added Zaidi.

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