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News & Trends - MedTech & Diagnostics

ParagonCare welcomes new strategic partnership

Health Industry Hub | February 22, 2024 |

MedTech & Diagnostics News: A trailblazer in AI-driven healthcare solutions has unveiled a strategic partnership with ParagonCare, a medtech company across Australia, New Zealand, and Asia. This collaboration is poised to supercharge the distribution and sales of AIRS Medical’s flagship innovation, SwiftMR, throughout Australia, leveraging ParagonCare’s robust networks.

SwiftMR stands at the forefront of medical imaging technology, employing cutting-edge deep learning algorithms to dramatically enhance the quality of MRI images. This product promises to halve MRI scan durations while concurrently elevating image clarity through sophisticated AI-powered denoising and sharpening techniques.

The technology boasts universal compatibility with MRI scanners of 3.0T or lower, irrespective of manufacturer, encompassing all body parts and pulse sequences. This innovation heralds a new era in MRI productivity, offering superior outcomes without necessitating alterations to existing workflows or the acquisition of new equipment.

Hyeseong Lee, CEO of AIRS Medical, expressed enthusiasm about the partnership, stating, “Our strategic alliance with ParagonCare is a significant milestone for AIRS Medical. Together, we are poised to accelerate our growth and enhance our operational capabilities in the ANZ region. This partnership leverages ParagonCare’s industry-leading expertise and capabilities, setting the stage for SwiftMR to revolutionise the Australian market.”

2024 marks a pivotal year for ParagonCare as it zeroes in on the AI sector, aiming to disrupt the healthcare AI market through this synergistic collaboration with AIRS Medical. This partnership underscores a shared vision between the two companies to refine patient experiences and streamline healthcare workflows through technological innovation. With SwiftMR already making significant inroads in over 15 countries, boasting more than 1.1 million processed exams across 300+ institutions, this partnership is set to catapult the technology to new heights.

Echoing this sentiment, Tiffany Chiew, General Manager Service, Technology and Innovation at ParagonCare, highlighted the collaborative ethos of the venture, remarking “We are fully committed to supporting AIRS Medical’s expansion efforts in Australia, New Zealand, Asia, and beyond. This collaboration epitomises our dedication to healthcare excellence, marrying innovation with our unwavering commitment to advancing healthcare outcomes.”

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