Avant Technologies Creating New Company for Expansion of Diabetes Program
Avant Technologies (OTCQB: AVAI) announced plans to establish a new company focused on diabetes treatment expansion. This development follows their successful joint venture with Ainnova Tech through Ai-nova Acquisition Corp (AAC), which utilizes the Vision AI platform for detecting diabetic retinopathy and other diseases.
The company's Vision AI technology can identify early markers of various conditions, including diabetic retinopathy, which affects over 30% of diabetes patients. With over 500 million people globally living with diabetes, Avant aims to expand from diagnosis to treatment through potential joint ventures, partnerships, or acquisitions.
Avant Technologies (OTCQB: AVAI) ha annunciato l'intenzione di creare una nuova società dedicata all'espansione dei trattamenti per il diabete. Questa iniziativa segue la loro joint venture di successo con Ainnova Tech tramite Ai-nova Acquisition Corp (AAC), che utilizza la piattaforma Vision AI per la rilevazione della retinopatia diabetica e di altre malattie.
La tecnologia Vision AI dell'azienda è in grado di identificare i primi segnali di diverse condizioni, inclusa la retinopatia diabetica, che colpisce oltre il 30% dei pazienti diabetici. Con più di 500 milioni di persone nel mondo affette da diabete, Avant punta a espandersi dalla diagnosi al trattamento attraverso possibili joint venture, partnership o acquisizioni.
Avant Technologies (OTCQB: AVAI) anunció sus planes para establecer una nueva empresa enfocada en la expansión del tratamiento de la diabetes. Este desarrollo sigue a su exitosa empresa conjunta con Ainnova Tech a través de Ai-nova Acquisition Corp (AAC), que utiliza la plataforma Vision AI para detectar la retinopatía diabética y otras enfermedades.
La tecnología Vision AI de la compañía puede identificar marcadores tempranos de diversas condiciones, incluida la retinopatía diabética, que afecta a más del 30% de los pacientes con diabetes. Con más de 500 millones de personas en todo el mundo que viven con diabetes, Avant tiene como objetivo expandirse desde el diagnóstico hasta el tratamiento mediante posibles empresas conjuntas, asociaciones o adquisiciones.
Avant Technologies (OTCQB: AVAI)는 당뇨병 치료 확장에 중점을 둔 새로운 회사를 설립할 계획을 발표했습니다. 이 개발은 Ainnova Tech와 Ai-nova Acquisition Corp (AAC)를 통한 성공적인 합작 투자에 이은 것으로, Vision AI 플랫폼을 활용하여 당뇨병성 망막병증 및 기타 질환을 감지합니다.
회사의 Vision AI 기술은 당뇨병 환자의 30% 이상에 영향을 미치는 당뇨병성 망막병증을 포함한 다양한 질환의 초기 징후를 식별할 수 있습니다. 전 세계적으로 5억 명 이상의 당뇨병 환자가 있는 가운데, Avant는 진단에서 치료로 확장하기 위해 합작 투자, 파트너십 또는 인수를 통한 가능성을 모색하고 있습니다.
Avant Technologies (OTCQB : AVAI) a annoncé son projet de création d'une nouvelle société dédiée à l'expansion du traitement du diabète. Cette initiative fait suite à leur coentreprise réussie avec Ainnova Tech via Ai-nova Acquisition Corp (AAC), qui utilise la plateforme Vision AI pour détecter la rétinopathie diabétique et d'autres maladies.
La technologie Vision AI de l'entreprise peut identifier les premiers signes de diverses pathologies, y compris la rétinopathie diabétique, qui touche plus de 30 % des patients diabétiques. Avec plus de 500 millions de personnes dans le monde vivant avec le diabète, Avant vise à étendre son champ d'action du diagnostic au traitement via des coentreprises, partenariats ou acquisitions potentielles.
Avant Technologies (OTCQB: AVAI) hat Pläne angekündigt, ein neues Unternehmen zur Erweiterung der Diabetesbehandlung zu gründen. Diese Entwicklung folgt auf ihre erfolgreiche Joint Venture mit Ainnova Tech durch Ai-nova Acquisition Corp (AAC), die die Vision AI-Plattform zur Erkennung von diabetischer Retinopathie und anderen Krankheiten nutzt.
Die Vision AI-Technologie des Unternehmens kann frühe Anzeichen verschiedener Erkrankungen erkennen, einschließlich diabetischer Retinopathie, die über 30 % der Diabetespatienten betrifft. Mit über 500 Millionen Menschen weltweit, die an Diabetes leiden, strebt Avant an, sich vom Diagnosebereich auf die Behandlung auszuweiten – durch mögliche Joint Ventures, Partnerschaften oder Übernahmen.
- Strategic expansion from diagnosis to potential treatment in the diabetes market
- Existing successful joint venture with Ainnova Tech through Vision AI platform
- Large market opportunity with over 500 million global diabetes patients
- Vision AI technology capable of detecting multiple diseases beyond retinal conditions
- No specific treatment solution identified yet
- Uncertainty about the form of expansion (joint venture, partnership, or acquisition)
- Trading on OTCQB market rather than major exchanges
Avant's Chief Executive Officer, Chris Winter, said, "It is the work we're doing with Ainnova to screen diabetes patients to identify the early signs of diabetic retinopathy that is driving Avant to contribute even more to the fast-growing disease - a potential treatment. We are exploring several promising opportunities to get involved in the development of a treatment for diabetes globally, and if successful, we want to be ready to hit the ground running with the formation of a company to house that opportunity."
In late 2024, Avant entered into a joint venture and licensing agreement with Ainnova Tech, Inc., when the two companies formed Ai-nova Acquisition Corp (AAC) to advance and commercialize Ainnova's technology portfolio, including its Vision AI platform and its versatile retinal cameras. Vision AI is a cutting-edge, AI-driven platform that can detect diabetic retinopathy and other retinal diseases with high accuracy and speed using retinal scans, as well as diseases unrelated to the retina like cardiovascular disease, prediabetes and type 2 diabetes, fatty liver diseases, and chronic kidney disease.
With over 500 million people living with diabetes globally, Vision AI is designed to detect the early markers of diseases like diabetic retinopathy, which is the leading cause of blindness among working age adults. Over
Avant expects that a new relationship will allow it to expand its diabetes program to both identify the early markers of the disease and to treat diabetes.
About Avant Technologies Inc.
Avant Technologies Inc. is an emerging technology company developing solutions in healthcare using artificial intelligence and biotechnologies. With a focus on pushing the boundaries of what is possible in AI and biotechnology, Avant serves a diverse range of industries, driving progress and efficiency through state-of-the-art technology.
More information about Avant can be found at https://avanttechnologies.com
You can also follow us on social media at:
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