In emergencies, one emergency physician on duty often handles all the radiology reports when several physicians are often needed. Milvue is a solution for hospital staff, emergency physicians and radiologists that aims to make emergency services more fluid.
A real ambition
Milvue aims to fill a real gap in emergency services and offers a second radiological opinion to the emergency doctor thanks to artificial intelligence.
The technology developed can detect up to seven different pathologies, which represent 90% of the pathologies encountered in emergency departments: they can be osteoarticular (fractures, dislocations, joint effusions) or thoracic (pneumothorax, pulmonary nodule).
This solution is fast, has a very low margin of error and is unbiased. It is constantly improving, each time the algorithm receives new data.
And this is only the beginning
For the past two years, the startup has been housed at the Paris Biotech Santé incubator at the Cochin Hospital, an incubator that straddles the line between new technologies and medicine. As of September, it will be part of the incubator at the Cochin Hospital. Housed in these premises for three years, the goal is to hire 10 people each year to improve its solution and conquer new markets.
In the short term, the start up aims to raise funds this summer. It will allow them to meet the incoming demand for our solutions, to structure a sales, marketing and customer support force, and to continue the development of the Milvue Suite (n.b. extension of the emergency module to radiology more generally). By 2024, they want to make Milvue a major player in radiology AI in France, and extend this ambition internationally.
The medical sector, a particularly regulated market
Thanks to the CE marking, the technology can be marketed everywhere in Europe for one year now. It is present in more or less twenty emergency centers in France and is being tested in about sixty throughout Europe. A development project with the AP-HP (Assistance Publique - Hôpitaux de Paris) is also underway.
A development in Canada and the United States is underway, particularly on the regulatory aspect. Milvue is in the process of conducting clinical studies in order to obtain the necessary accreditations in both countries (FDA and MDSAP).
Very different and complementary paths
Ronan, Malo and Antoine all met at the Ecole Polytechnique. While the first two were studying mathematics, the last one was doing web development. This multidisciplinarity, combined with the knowledge of Alexandre, radiologist, allowed them to form a very good team.
His presence in the team brought a certain credibility to the project. The world of radiology being rather closed, he was able to act as a spokesperson and to make the technology accepted in this environment.
According to Ronan Riochet, co-founder, X helped him on the technical side but especially on its notoriety, which brings a pledge of seriousness and real skills to a person who studied there.
His advice? Don't hesitate to surround yourself with people, know where you want to go, what you want to do, don't be afraid to learn.