Keep pulling the thread on Chia-Lin Simmons.
LogicMark's predictive analytics platform compares an individual's digital twin data against anonymized cohorts with similar demographics and medications, like Coumadin, to predict future health events such as falls.
LogicMark expects to launch its watch-based product at the beginning of Q3 of the current year.
Since June 2021, LogicMark has built its entire cloud infrastructure, mobile apps, AI fall detection algorithms, and digital twin analytics platform.
One in four people over the age of 65 will experience a fall.
Prior to its pivot in 2021, LogicMark had not created new products since approximately 2015 and lacked a connected device.
LogicMark's AI platform creates a personalized "digital twin" for each user to learn their specific patterns, such as a weekly yoga class, to reduce false positive fall alerts.
Poor medication adherence contributes to approximately $500 billion in avoidable healthcare costs annually.
Poor medication adherence results in approximately 125,000 predictable deaths each year.
LogicMark is currently beta testing an AI-driven, non-wearable product that uses multimodal sensing, including a proprietary sound-based algorithm, to detect falls.
LogicMark's devices perform initial data processing on the edge for privacy, transferring only tokenized pattern data to the cloud.
LogicMark plans to launch a watch product with a user interface and services specifically designed for seniors, differentiating it from general-purpose devices like the Apple Watch.
LogicMark does not intend to build its own blood pressure or blood glucose monitors, preferring to integrate with third-party devices through partnerships.