GB9 RUS ENG

[Music] te [Music] Comm then you kindly invited to start your speech please hello my name is balash of Iger I'm director of uray and Ure is a company that developed urine analyzer based on photonics and the Technologies to increase screening in primary healthare so uh our vision is simple urine is the new BL but urine has more than 4,000 different biomarkers and uh uh it is a rich source of healthcare data so we have seen a great potential uh in urine and uh however uh the tech that used in urine analysis are what developed in

' 50s and lack of precision uh haven't updated since uh this uh uh hav update for a long time and doesn't work well with AI so this is why we developed Ur a AI powered urine analyzer that capture High dimensional data and create an optical fingerprint of each urine sample and uh is a rich source of healthcare data we aim to improve screening in Primary Health Care by targeting on chronic patient from a risk groups uh we developed completely developed a Noel technology and pay a lot of attention about the validation of our data we

compare the results of URI with more than 1,000 patients uh St examined by the gold standards of urine analysis industry so our business model is simple we sell our device for $300 and charge $1 per each test as a subscription business model we would like to distribute our device with a classical distributional Channel and work with medical equipment distributors in this way our first clients is general practicians and we understand how could we uh increase their and enhance their workflow significantly of course we have some competitors most of them are built on oldfashioned Tech uh

they utilize deep sck Technologies and couldn't reach uray level of performance at almost the same price we have a great team uh we have specialist in photonics artificial intelligence machine learning and medical device sales we are on the way to transform our solution from MVP to the final product to go for the regulatory tests and we are ready to create like 40 devices for the third- party testing to show our performance and show how does uh our device work in a real world in the real world so in this case we are searching for funding

and this grant will help us a lot in this journey are you okay ask your thank you thank you for [Music] foree uh because this device is a medical device uh the highest problem is go through the regulatory process and Armenia is a good place to start this uh development and receive clinical validation yes the next region after arenia we see Asia Pacific region and here uh it is possible to use the clinical validation data that we received in Armenia and the previous certification like certification for euris region will help us a lot in this

journey our device is used for screening purpose this is a point of care testing device and this device is placed at the GP clinics General practition clinics at urologist cabinets Etc so in some cases for example if uh urologist would like to confirm uh the diagnose based on uh based on patient history he uh could use our device to confirm his decision to start treatment immediately in this case uh our device could work fore of course in some cases when there some extra diagnostic is needed uh doctor could use the same sample that he test

with the help of our device and send this sample to the lab however in like uh uh 80% of cases our device is quite enough to to make a prescription to make a decision about the to start about the start treatment or just to show that there is some abnormals in health state of patient good yeah so first of all we need the clinical validation data based on protocol to show that and to compare the results of our device with uh previously registered Med medical devices uh we understand uh the partners with whom could we

do this in Armenia to show the clinical validation data uh in case of regulatory things uh so just a novel protocol uh started to be developed in yeres region uh and based on this protocol uh it clinical validation and the decision to register their devices and not also the devices but also some Pharmacy uh Pharmacy treatment and so on are possible to be done in Armenia [Music] thank you very much you will wait a little bit and then we're going to see the results right thank you enjoy take care start uh for