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Solidifies Satisfai as one of the leading technology companies globally in artificial intelligence for gastroenterology
Vancouver, British Columbia, Canada - TheNewswire - 21 November 2022 – Satisfai Health, Inc (“Satisfai”) today announces its strategic acquisition of Docbot, Inc’s portfolio of Intellectual Property and Assets which is complementary and accretive to Satisfai’s products and technology stack, focused in the field of artificial intelligence (AI) as applied to gastrointestinal endoscopy. In addition, key Docbot technical employees have been transferred to Satisfai.
“For years, we have held the Docbot team in very high regard as among the world leading experts in the field of AI in gastroenterology,” said Dr. Michael Byrne, CEO and founder of Satisfai Health, Clinical Professor of Medicine, and gastroenterologist in Vancouver. “This acquisition will allow Satisfai to expand its team of machine learning and allied technical experts with domain experience in gastroenterology and AI, as well as add IP and AI tools that will accelerate our existing pipeline of products and services, solidifying Satisfai’s leadership position in this field. I am personally very grateful to the Docbot CEO, Andrew Ritter, and the founding physicians, Dr. William Karnes and Dr. Jason Samarasena, for trusting us to further develop and commercialize their patented technologies after so many years of dedication and hard work.”
Through this acquisition, Satisfai plans to accelerate many aspects of its product roadmap, such as management of colon polyps, upper GI cancers, and inflammatory bowel disease, as well as improving quality assurance and bringing automated documentation of endoscopic procedures to improve workflow in clinical practice.
On behalf of the Board of Satisfai Health Inc.
"Dr Michael F. Byrne"
Chairman & CEO
About Satisfai Health
Satisfai is a leading medical solutions provider specializing in AI applications applied to large addressable markets in gastroenterology. Satisfai’s solutions deliver real-time medical imagery analysis, providing clinicians with decision support intelligence that dramatically improves patient outcomes. Satisfai is supported by a highly respected board of medical clinicians and key opinion leaders who operate at the top of their fields in the many areas of gastroenterology. Satisfai enjoys a strong voice on academic panels and leading GI societies, and direct access to prominent industry players seeking to adopt new AI technologies in gastroenterology. For more information, visit https://satisfai.health/
About Docbot
Docbot, Inc. develops leading artificial intelligence (AI)-driven healthcare applications in the field of gastroenterology. Its flagship product, UltivisionAI, is a real-time AI image analysis platform for reliable clinical outcomes, practice management workflow efficiencies and data-driven analytics to support the entire practice of GI, including therapeutic areas of colon cancer, esophageal cancer, inflammatory bowel disease screening and diagnosis.
Satisfai Media Contact
Andrew Stibbs
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