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Magic-AI | Mai Business Overview 2017

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MAI harnesses the collective ingenuity and experience of Medical Professionals into discovery and collaborative deep learning. As the Clinician and Patient consult, MAI captures everything on a structured, networked and intelligent platform.
MAI organises the history and symptoms to help guide the Clinician towards a diagnosis.
MAI allows the Clinician to share, collaborate and consult with colleagues and specialists in real time.
MAI provides assistance to the Clinician with access to cognitive analysis of materials and data to provide insight to trigger new possibilities for any set of symptoms.
MAI is a secure, verified and compliant professional networking platform for Clinicians.

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Magic-AI | Mai Business Overview 2017

  1. 1. BUSINESS OVERVIEW March 2017 www.magic-ai.com
  2. 2. As the Clinician and Patient consult, ​MAI captures everything on a structured, networked and intelligent platform. Whilst handy, that’s not the magic bit. MAI organises the history and symptoms to help guide the Clinician towards a diagnosis. That’s helpful, but here’s the real magic. MAI allows the Clinician to share, collaborate and consult with colleagues and specialists in real time. And not just that.​ MAI provides assistance to the Clinician with access to cognitive analysis of materials and data to provide insight to trigger new possibilities for any set of symptoms. WHAT IS MAI MAI is a secure, verified and compliant professional networking platform for Clinicians. MAI harnesses the collective ingenuity and experience of Medical Professionals into discovery and collaborative deep learning.
  3. 3. MAI CAPTURES A MOMENT IN TIME Consultation is captured Systematises all data Networks Clinicians with professional Peers Networks Clinicians with AI Supports and assists the Clinician with diagnosis
  4. 4. MAI is a professional network for Clinicians which assists with patient diagnosis and treatment by accessing relevant information, in context, delivered through process and assisted intelligence. MAGIC HAPPENS BETWEEN CLINICIANS AND THEIR PATIENTS
  5. 5. MAI is a technical consultation platform which captures all data in a structured way. It exposes all clinical information to deep learning and AI within a network of expert colleagues and researchers. MAGIC HAPPENS BETWEEN CLINICIANS AND THEIR PEERS
  6. 6. Cognitive engines provide industry specific analysis of large data while MAI creates an environment for the clinical process to be observed and supported. MAGIC HAPPENS BETWEEN CLINICIANS AND MACHINES
  7. 7. Clinicians are empowered with real-time access to relevant, aggregated, high quality, peer identified clinical research resources, accessing deep learning, artificial and assisted intelligence. MAGIC HAPPENS THE WORLD OVER BY BRINGING THE CLOUD TO THE CLINICIAN
  8. 8. Unstructured Data • It is estimated that 80% of the world’s data is unstructured meaning health is invisible to Big Data. Medical Error • 3rd leading cause of death (Source: British Journal of Medicine 2016). Isolated Clinicians • Are time poor and overwhelmed by advancement in research, knowledge and treatment recommendations. Patient Records • Every patient contact is recorded and documented differently, with much vital data invisible to the fellow Clinician, not easily shareable, and unaware of current expert understanding. The huge potential of big data to transform clinical care is stymied by isolated record keeping within multiple systems. Search Engines • Sort by uninformed and random popularity and not by expert (medical) relevance. UNIVERSAL PROBLEMS Diagnostic • Conversion of information into meaningful diagnostics is restricted by lack of systemised structure and limits of any single Clinician’s knowledge. Research • Clinically required research to generate diagnoses are limited to data and information that the individual Clinician has experience with. External Influences • Pharmaceutical marketing can influence education and treatment decisions. Clinical Education • Education of Clinicians is not congruent with patient care needs and is difficult to audit. Healthcare System • Is burdened by the sum-total of missing clinical data, isolated Clinicians, medical errors and diagnostic and research limitations. Healthcare therefore is bloated, extremely expensive and not meeting our needs.
  9. 9. • MAI creates the environment for the data, the network for the Clinician, and the intelligence to tackle the clinical challenge. • MAI develops trusted, relevant and up to date surveillance tools, diagnostic tools, Patient data recording, rating and evaluation scales, monitoring tools, treatment algorithms, Patient and Carer educational materials. MAGIC IS THE SOLUTION • MAI uses iterative interaction with subject matter experts to collect data from workflow, diagnostic process and social discussion and collaboration. • MAI brings the cloud to the Clinician with a trusted and secure professional network. • MAI integrates thousands of medical record management systems. • MAI provides a relevant and verifiable learning ecosystem.
  10. 10. MAGIC BUILDS CONFIDENCE • MAI natively provides the mechanics for the electronic collection of patient information in a secure transactional record. • MAI supports improved clinical performance, professional networks and patient outcomes by providing confidence in natural communication between disconnected groups. • As MAI grows, collecting appropriate ethical approvals and informed consent from patients will become a simple part of any clinicians process. • MAI works to assist the professional, simplifying and streamlining the delivery of quality in research and care.
  11. 11. MAI is a breakthrough Patient records management system that is highly secure and integrates with all current systems. Systematised data capture informed by the linked professional communities open to deep learning and AI. A MAGIC OPPORTUNITY “LinkedIn for Clinicians” • Secure, verified identities, trusted professional network. “Facebook for Clinicians” • Expert communities creating structured content “Instagram for Clinicians” • Easy documentation of photographic images, radiology and laboratory results. “Flickr for Clinicians” • Photo and image sharing. “Academia for Clinicians” • Platform for academics and researches.
  12. 12. A PROFESSIONAL NETWORK The Patient need drives virality as every patient has multiple Clinicians. Topic General Community + Discussion Topic General Community + Discussion Topic General Community + Discussion High Level Contribution High Level Contribution High Level Contribution
  13. 13. Concept developed and proven within the Rare Disease and Genetics environment, targeting Clinical Geneticists and Genetic Counsellors in Western Australia. PROOF OF CONCEPT Performed process and systems analysis across organisations including: • WA Health Office of Population Health Genomics • Genetic Services Western Australia • Genetic Services Victoria • New South Wales Centre for Genetics • Murdoch Children’s Research Institute
  14. 14. Phase 1 Research & Development Status: Completed Outcome Product Design & Development, Research & Analysis, completed successful Proof of Concept within GSWA / OPHG Period > 2016 Product CDRT COMMERCIAL PATHWAY PHASE 1:
  15. 15. Phase 2 Product Trial Status Underway Outcome Commercial product trials within GSWA Period February – June 2017 Product MAI COMMERCIAL PATHWAY PHASE 2:
  16. 16. Phase 3 Early Stage Commercialisation Outcome CVP (commercial viable product), early adopters Investment Required Seed Capital - US$500,000 Period July – December 2017 Product MAI COMMERCIAL PATHWAY PHASE 3:
  17. 17. Phase 4 Scale Outcome Scalable Commercial Product Investment Required Series A - US$3,000,000 Period January 2018 - ongoing Product MAI COMMERCIAL PATHWAY PHASE 4:
  18. 18. Initial Markets • Specialist Clinicians. • Discrete Communities and Interest Groups. Within Australia • Identified 45 major medical research institutes that would form the primary target marketplace in Australia. • The tool can be deployed into Major Hospitals and University diagnostic and clinical research settings Overseas • Estimate a further 100-200 Medical Research institutes. Targeted Markets • GPs. • Hospital Networks. • Private Practice. TARGET MARKETS
  19. 19. Western Australian Health Primary Opportunity • Clinician Trial 20 Specialist Clinicians • Clinician Roll-out 120 Specialist Clinicians Upstream Opportunity • GP Adoption 5,000 Medical Practitioners National Health Primary Opportunity • Clinician 1,500 Specialist Clinicians Upstream Opportunity • GP Adoption 72,000 Medical Practitioners International Health Primary Opportunity • Clinician 10,000’s Specialist Clinicians Upstream Opportunity • GP Adoption +1,000,000 Medical Practitioners COMMERCIALISATION
  20. 20. Enterprise Value The specialist, professional nature of the MAI user base results in a significantly higher value per user than would social networks including Facebook, LinkedIn, Instagram etc. Consider the value of a professional network… • with verified proven identities. • in the top echelon of earners. • actively engaged through networking and research. • highly engaged, in quest for best health outcomes. THE POTENTIAL VALUE Commercial Value The MAI network has enormous commercial value at scale. We estimate there is the ability to generate up to as much as US$1000/user per year. The Value to the Healthcare Community MAI is a carefully protected environment for Clinicians. Clinicians are the gateway to all health spending. Imagine the Possibilities • Pharmaceutical companies • Health management • Health Insurance • Hospitals
  21. 21. THE MAGIC TEAM Gavin Russell CEO & Founder Gavin has over 20 years’ experience as an Executive Director and key technologist focusing on sound business principles and innovate thinking. He has an innate ability to deliver practical solutions that accomplish key objectives efficiently and effectively across multiple mediums. Michael provides more than 15 years’ experience in start- up small to medium business enterprises, employed in various capacities including CFO, Finance Director, COO and Company Secretary in emerging private global technology entities. Michael holds a Bachelor of Business and a Certificate in Corporate Governance. Michael Stocky CFO & Managing Director Satch has 20 years’ experience in ICT industry across government, education and private sectors. Domain knowledge includes communication systems, application & information architectures, ICT infrastructure and systems. Is passionate about good practice and adaptive process in business and human interaction. Satch Kirkpatrick CTO & Principal Systems Architect Dr Stocky has an unusual portfolio of skills and experience combining over 25 years as a Clinical Psychiatrist, significant leadership and administration roles within the hospital and community sector with extensive commercial experience as a director, investor and part founder of start-ups in technology and data utilisation. Dr. Andrew Stocky Advisory Board George has vast commercial experience as an entrepreneur, investor and advisor. Is passionate about tech, specifically mobile and blockchain. George continues a distinguished career in generating, crafting, building ideas, understanding and articulating the opportunities they herald, and finding ways to bring them to market. George Tomeski Advisory Board
  22. 22. Gavin Russell Founder and Managing Director gavin@loftgroup.com.au +61 417 755 181 gavin.russell68 linkedin.com/in/gavinrussell Michael Stocky CFO michael@loftgroup.com.au +61 456 974 700 michael_24235 linkedin.com/in/michaelstocky

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