Karen Holzberger, President & CEO, SpinTech MRI | LSI USA '22 Emerging Medtech Summit

Summary

Karen Holzberger, newly appointed CEO of Spintek MRI, introduces the company as a software platform enhancing MRI data for neurology. Dr. Heike, founder and CSO, is a pioneer in MRI sequences for Parkinson's and dementia. Spintek's solution streamlines MRI data extraction, aiding in early diagnosis and treatment planning. With FDA approval since 2021, Spintek aims to expand its market presence, currently raising Series A funding of $6.5 million, focusing on the US and China's growing neurology market.

Takeaways

• 🌟 Karen Holzberger is the newly appointed CEO and President of Spintek MRI.
• 🧠 Spintek MRI is a software platform that enhances the MRI ecosystem by providing data outputs to care teams for better decision-making in brain health.
• 👨‍⚕️ Dr. Heike is the Chief Scientific Officer and founder of Spintek MRI, known for inventing MRI sequences used in neurology.
• 📈 The company aims to address the global prevalence of neurological disorders, such as Parkinson's and dementia, which are difficult to diagnose early.
• 🏥 MRI is a critical diagnostic tool for neurological disorders, but there are challenges with the efficiency and effectiveness of its use in healthcare systems.
• 🚀 Spintek's software operates as an MRI software platform, aiming to improve diagnostic efficiency without compromising the quality of imaging data.
• 🌐 Spintek's solution is comprehensive and works across the MRI ecosystem, regardless of the MRI system used, providing interoperability.
• 💉 The company is FDA approved since October 2021 and is working on expanding its market presence, especially in the United States and China.
• 💼 Spintek is currently raising Series A funding, with a commitment of $6.5 million, $5 million of which has already been committed.
• 🌐 The company's global market priorities include improving patient outcomes, financial outcomes, and clinical outcomes in neurology.

Q & A

Who is Karen Holzberger?

Karen Holzberger is the newly appointed CEO and President of Spintek MRI.

What is Spintek MRI?

Spintek MRI is a software platform that operates across the MRI ecosystem to extract and deliver imaging data outputs to care teams for better-informed decisions regarding brain health.

Who is Dr. Heike?

Dr. Heike is the Chief Scientific Officer and founder of Spintek MRI. He is recognized for inventing many MRI sequences used in neurology for diagnosing and treating diseases like Parkinson's and dementia.

What are some of Dr. Heike's accomplishments?

Dr. Heike has over 300 research papers and nearly 20 patents, focusing on neurological disorders and MRI technology.

What challenges is Spintek MRI addressing?

Spintek MRI is addressing the challenges of diagnosing and treating neurological disorders like Parkinson's disease, which is difficult to identify within the first five years and often misdiagnosed.

How does Spintek MRI's software help with MRI scans?

Spintek MRI's software allows for efficient extraction and curation of imaging data without compromising sequence time or patient time in the MRI machine.

What is the significance of being FDA approved for Spintek MRI?

Being FDA approved since October 2021 allows Spintek MRI to market their solutions in the United States and assures the quality and safety of their software platform.

What is Spintek MRI's Series A funding goal?

Spintek MRI is closing their Series A funding with a commitment of six and a half million dollars, with five million already committed.

What are Spintek MRI's priorities in the global market?

Their priorities include expanding their solutions in the United States, addressing the specific needs of the Chinese market, and continuing to grow their presence in the global MRI market.

How does Spintek MRI plan to expand its services?

Spintek MRI plans to expand into neck and spine imaging, potentially using MRI data outputs for musculoskeletal applications, and to continue developing their software platform.

What partnerships does Spintek MRI have?

Spintek MRI has partnerships with Siemens and GE Healthcare, as well as with Octave in the diagnostics and bioscience space.

What are some of the institutions working with Spintek MRI?

Spintek MRI is working with institutions like Yale University, University of Maryland, and Loma Linda, among others.