Contribution: Industrial Research Assistance Program – Youth Employment Program
MEDO.ai INC
$60,000.00
Deployment of MEDO's AI Products into Clinical Workflow
FY 2021-22 · 2021-05-01
Summary
Over 1.5 million thyroid ultrasound exams are done each year in North America. This high volume is due to the fact that lumps, or “nodules” on the thyroid gland are common and although usually benign, can be cancerous. Ultrasound scan is non-invasive and safe, but incredibly time consuming and potentially error-prone, involving a tedious review of hundreds of images to locate and measure thyroid nodules individually. Using artificial intelligence, Medo's products revolutionize the process of performing thyroid ultrasound exam in a fast, efficient, and more objective manner. This project aims to integrate and deploy Medo's Thyroid-AI product into the clinical workflow.
Department
Program
Industrial Research Assistance Program – Youth Employment Program
Recipient
Location
Edmonton|Edmonton, Alberta, Canada
Recipient Type
For-profit organization
Business Number
754291938
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
As published
Agreement End Date
2021-10-31
Agreement Number
974803
Agreement Start Date
2021-05-01
Agreement Title
Deployment of MEDO's AI Products into Clinical Workflow
Agreement Title (French)
Déploiement des produits d'IA de MEDO dans le flux de travail clinique
Agreement Type
Contribution
Agreement Value
$60,000.00
Amendment Number
0
Coverage
IRAP Youth Employment Program projects stimulate wealth creation for Canada through technological innovation. | Les projets du Programme Emploi-jeunesse du PARI stimulent la création de richesse au Canada grâce à l’innovation technologique.
Description
Over 1.5 million thyroid ultrasound exams are done each year in North America. This high volume is due to the fact that lumps, or “nodules” on the thyroid gland are common and although usually benign, can be cancerous. Ultrasound scan is non-invasive and safe, but incredibly time consuming and potentially error-prone, involving a tedious review of hundreds of images to locate and measure thyroid nodules individually. Using artificial intelligence, Medo's products revolutionize the process of performing thyroid ultrasound exam in a fast, efficient, and more objective manner. This project aims to integrate and deploy Medo's Thyroid-AI product into the clinical workflow.
Description (French)
Plus de 1,5 million d'examens échographiques de la thyroïde sont effectués chaque année en Amérique du Nord. Ce volume élevé est dû au fait que les bosses, ou « nodules », sur la glande thyroïde sont courantes et que, bien qu'habituellement bénignes, elles peuvent être cancéreuses. L'échographie est non invasive et sûre, mais elle est incroyablement longue et potentiellement source d'erreurs, car elle implique un examen fastidieux de centaines d'images pour localiser et mesurer individuellement les nodules thyroïdiens. Grâce à l'intelligence artificielle, les produits de Medo révolutionnent le processus d'exécution de l'examen échographique de la thyroïde de manière rapide, efficace et plus objective. Ce projet vise à intégrer et à déployer le produit Thyroid-AI de Medo dans le flux de travail clinique.
Expected Results
The purpose of IRAP’s Youth Employment Program is to assist in increasing the supply of highly qualified people, promoting the benefits of advanced studies, demonstrating federal leadership by investing in the skills required to meet the needs of the knowledge economy and facilitating the transition of highly skilled young people to a rapidly changing labour market.
Expected Results (French)
Le Programme Emploi-jeunesse du PARI contribue à accroître le bassin de personnes hautement qualifiées, fait la promotion des études supérieures, démontre le leadership fédéral grâce aux investissements effectués dans l’acquisition des compétences requises pour répondre aux besoins de l’économie du savoir et facilite la transition des jeunes hautement qualifiés vers un marché du travail en évolution rapide.
Federal Riding
Edmonton Centre
Federal Riding (French)
Edmonton-Centre
Federal Riding Number
48014
NAICS Code
541710
Organization Code
nrc-cnrc
Organization
National Research Council Canada | Conseil national de recherches Canada
Program Name
Industrial Research Assistance Program – Youth Employment Program
Program Name (French)
Programme d’aide à la recherche industrielle – Programme emploi jeunesse
Program Purpose
The purpose of IRAP’s Youth Employment Program is to assist in increasing the supply of highly qualified people, promoting the benefits of advanced studies, demonstrating federal leadership by investing in the skills required to meet the needs of the knowledge economy and facilitating the transition of highly skilled young people to a rapidly changing labour market.
Program Purpose (French)
Le Programme Emploi-jeunesse du PARI contribue à accroître le bassin de personnes hautement qualifiées, fait la promotion des études supérieures, démontre le leadership fédéral grâce aux investissements effectués dans l’acquisition des compétences requises pour répondre aux besoins de l’économie du savoir et facilite la transition des jeunes hautement qualifiés vers un marché du travail en évolution rapide.
Recipient Business Number
754291938
Recipient City
Edmonton|Edmonton
Recipient Country
CA
Recipient Legal Name
MEDO.ai INC
Recipient Postal Code
T5J 4P6
Recipient Province or Territory
AB
Recipient Type
F
Reference Number
172-2021-2022-Q2-974803
