Mentioned:
There might be a new breakthrough in understanding the brain. And it’s powered by artificial intelligence.
What’s happening:
- Firefly Neuroscience (NASDAQ: AIFF) has announced they have successfully completed the first ever use of cognitive ERP data for brain age assessment using their Brain Network Analytics technology platform
Why it matters:
- Firefly Neuroscience’s new breakthrough could potentially usher in an entirely new paradigm of being able to detect and diagnose dementia much earlier than previously possible through artificial intelligence powered technology
Going deeper:
- Multiple large pharmaceutical companies and drug discovery companies including Takeda already have existing partnerships with Firefly Neuroscience to leverage their technology platform for better understanding how particular compounds interact with the brain
- Neuroscience has continued to be one of the most exciting areas in healthcare, with Elon Musk backed Neuralink previously being awarded a Breakthrough Device designation from the Untied States Food and Drug Administration
