Log in
Show password
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 
News: Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors

Forest Devices Launches Collaboration with Alberta Health Services

06/30/2020 | 02:31pm EDT

Medical technology pioneer Forest Devices, Inc. (FDI) and Alberta Health Services (AHS) today announced a partnership to improve healthcare delivery for stroke patients in Alberta. The goals of the broad, five-year collaboration are to evaluate, implement, and scale technologies that can improve patient outcomes and health system economics by empowering emergency health care providers to make informed decisions regarding care for stroke patients.

FDI’s stroke diagnostic platform, AlphaStroke, is the first technology that supports prehospital health care providers in identifying strokes in the field so they can make the best triage decisions for patients.

In Alberta, two comprehensive stroke hospitals and approximately 500 ambulances serve a population of over four million people living in over 650,000 square kilometers. The AHS/FDI collaboration was enabled by way of the Prehospital Stroke Diagnostics Project, which was created by AHS in 2019 with the aim of testing an innovative solution that increases the accuracy and speed of prehospital diagnosis of stroke. The project team assessed 14 technologies and ultimately determined that AlphaStroke was the most viable solution and that the vision of FDI aligned most closely with the objectives of AHS.

Annually, stroke accounts for thousands of hospitalizations in Alberta and costs over $400 million. Every minute a stroke goes untreated, 2 million neurons die. Faster and more accurate prehospital diagnosis presents the opportunity to save time and brain.

FDI CEO and Co-founder, Matt Kesinger, added “The partnership between AHS and FDI has created an exciting opportunity to expand and accelerate the development and deployment of our innovative stroke diagnostic technology. AHS has been a global leader in stroke care innovation for decades, and this collaboration represents an unparalleled opportunity to improve outcomes for patients, their families, and health systems across the world.”

“I want to commend Forest Devices, Inc. for choosing Alberta. Our province has a dynamic healthcare innovation ecosystem – and being recognized for our talent and expertise is a huge win that will spur future developments across multiple sectors of the economy. This supports our government’s strategic focus to strengthen economic development through innovation, and I look forward to what’s in store for the future,” said Tanya Fir, Alberta’s Minister of Economic Development, Trade and Tourism.

“This is our second collaboration with the Impact, Innovation & Evidence team at AHS. They have become a critical investment attraction and innovation ecosystem partner, with a demand/pull driven strategy, and an open-minded, collaborative approach.” - Christy Pierce, CEO, New West Networks - Calgary and San Francisco based team supporting the efforts of Alberta’s Economic Development, Trade & Tourism Department.

Forest Devices, Inc. is a medical device company based in Pittsburgh, Pennsylvania and Calgary, Alberta that has developed AlphaStroke, the first prehospital stroke detection technology. The company strives to reduce functional disability caused by stroke by eliminating delays in stroke treatment.

Alberta Health Services is the provincial health authority responsible for planning and delivering health supports and services for more than four million adults and children living in Alberta. Its mission is to provide a patient-focused, quality health system that is accessible and sustainable for all Albertans.


© Business Wire 2020
Latest news "Companies"
02:55pAlpaca Audiology Acquires Catri Hearing Instruments
02:54pADHD ONLINE : Now Offering Medication Management in Vermont
02:53pINTUITIVE SURGICAL INC : Results of Operations and Financial Condition (form 8-K)
02:52pT MOBILE US : Unleash the New Google Pixel 6 and 6 Pro on Us at T-Mobile, America's Leader in 5G
02:51pQORVO : Lights, Camera, Action! UWB is the Star Supporter in Le Premier Royaume
02:51pADHD ONLINE : Now Offering Medication Management in Rhode Island
02:50pBrazil central bank intervenes in FX market rattled by new spending
02:48pCREDIT SUISSE : to pay $475 million to resolve charges related to Mozambican bond offerings
02:46pProactive news headlines including New Pacific Metals, Scottie Resources, Victory Resources, Anacortes Mining, Nextleaf Solutions and ME2C Environmental
02:46pIntuitive Announces Third Quarter Earnings
Latest news "Companies"