UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the month of October 2024
Commission File Number: 001-41089
Advanced Health Intelligence Ltd
(Translation of registrant’s name into English)
71-73 South Perth Esplanade, Unit 5
South Perth, WA 6151
Australia
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒
Form 40-F ☐
INFORMATION CONTAINED IN THIS FORM 6-K REPORT
Attached as Exhibit 99.1 to this Report on Form 6-K is a copy of the press
release of Advanced Health Intelligence Ltd, dated October 28, 2024: ‘Advanced Health Intelligence Granted US Patent “Predicting
User Body Volume to Manage Medical Treatment”’
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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ADVANCED HEALTH INTELLIGENCE LTD |
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Date: October 28, 2024 |
By: |
/s/ Scott Montgomery |
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Name: |
Scott Montgomery |
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Title: |
Chief Executive Officer |
Exhibit 99.1
ASX/NASDAQ Announcement
28 October 2024
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Advanced Health Intelligence Granted US Patent
“Predicting User Body Volume to Manage Medical
Treatment”
Advanced Health Intelligence Ltd (ASX/NASDAQ:AHI)
(“Advanced Health Intelligence”, “AHI”, or “the Company”) is pleased to announce the granting
of US patent application No. 12,125,582 from the US Patent Office for its innovative technology in medical treatment “Predicting
User Body Volume to Manage Medical Treatment”.
AHI's Patent: Advancing Innovation in the Digitisation of MedTech-Healthcare
AHI has been granted a patent that enhances the intersection
of healthcare and technology. This innovation has far-reaching applications, particularly amid the rapidly growing MedTech-Healthcare
digitisation worldwide.
The patent's scope is comprehensive, encompassing
various scenarios where patients use digital image captures to calculate and convey volume or dimensional information to healthcare professionals.
For instance, AHI's patent applies if a patient employs a digital camera to share volume and/or dimensional details on their body volume
with a physician to calculate treatment volumes.
This patent positions AHI as a key stakeholder in
the global healthcare ecosystem, providing AHI with a competitive edge and protection to the substantial medication dosing and treatment
segment. By securing this patent, as AHI continues to drive its commitment to innovation and excellence, it will further establish itself
as a pioneer in digital MedTech-Healthcare technology, providing a competitive edge in the market while protecting its innovative solutions.
In summary, AHI's patent has the potential to significantly
impact the Healthcare industry by making medication delivery more trusted, accessible, efficient, and patient-centric. As the healthcare
landscape continues to evolve, AHI's innovation and commitment to excellence will play a vital role in shaping the digitisation of medical
care, improving outcomes, and enhancing patients' lives worldwide.
AHI continues successfully expanding our patent coverage
for our technology suite, further strengthening our position in the remote digital care space. With the increasing adoption of remote
digital health assessment and care globally, expanding our patent portfolio is a strong focus to cement our position as a market leader
in health and medical innovation. The recently awarded patent is a significant addition to our intellectual property portfolio, demonstrating
our commitment to protecting our proprietary technology. We identified several unique functionalities proprietary to AHI and are now positioned
to provide deeper coverage and moat protection to potential competitors.
Global leaders such as Apple, Google, Microsoft and
Samsung are investing heavily in personal diagnostics through web and mobile device offerings. Our platform is well-positioned to work
with these manufacturers and providers, offering a unique, more comprehensive value proposition that sets us apart from competitors that
only offer single-sensor input approaches to assessing the human form.
Expanding our IP portfolio, use cases, and global
distribution is underway throughout Asia, MENA, the US, and Europe. Protecting our IP is crucial to maintaining our market position and
shareholder value. We are pleased to report that the Predicting User Body Volume to Manage Medical Treatment patent has been added to
our portfolio, further strengthening our position in the market.
Advanced Health Intelligence's BodyScan: Transforming
Medication Management and Treatment
Advanced Health Intelligence's BodyScan technology
empowers healthcare professionals with accurate and reliable body composition data, streamlining medication management and treatment.
This innovative solution leverages cutting-edge computer vision, neural networks and machine learning to provide precise calculations.
AHI's BodyScan offers a convenient, patient-friendly
assessment via a smartphone camera, delivering comprehensive body composition insights in less than one minute. These insights include
total mass, surface area, fat-free mass, and total body fat, as well as weight prediction for personalised treatment planning.
| Advanced Health Intelligence Ltd. ACN 602 111 115 Postal Address: PO Box 190, South Perth, WA 6951 Email: investors@ahi.tech | 1 |
ASX/NASDAQ Announcement 28 October 2024 | |
The technology boasts enhanced accuracy, minimising
human error and risk. Its proprietary computer vision, neural network and machine learning processing modules utilise thousands of data
points to generate and guide scaled contours.
Clinically validated and peer-reviewed, AHI's BodyScan
has undergone rigorous testing, demonstrating exceptional accuracy against clinical standard measures. Training data from over 7,000 diverse
individuals ensures reliability across ethnicities.
By replacing manual, error-prone calculations, BodyScan
provides healthcare professionals with a trusted, safe and efficient method for prescribing dosage volumes. This groundbreaking technology
enhances medication management, treatment efficacy and patient outcomes.
AHI's BodyScan transforms healthcare by improving
accuracy in medication dosing and treatment planning, enhancing patient safety, streamlining clinical workflows and enabling personalised
care through precise body composition analysis. Its evidence-based decision-making is supported by peer-reviewed validation.
AHI boasts an extensive and growing global patent
portfolio, with granted patents in key markets, including Australia, the United States, Japan, South Korea, Singapore, New Zealand, China,
Canada, and Europe.
We continue to pioneer, ensuring AHI remains
at the forefront of the demand for digital health innovation.
Why is this patent so significant?
The Critical Importance of Accurate Body
Volume Calculations in Medication Administration
Calculating precise body volume, specifically
body surface area (BSA) or ideal body weight (IBW), is essential for safe and effective medication administration. The accuracy of these
calculations has a direct impact on medication dosing, as many medications are dosed based on BSA or IBW. Inaccurate calculations can
lead to underdosing or overdosing, compromising the efficacy and safety of treatment. This applies to many treatments, from oncology to
acute infection, and is even more heightened when the therapeutic effect changes body volume, as is the case for GLP-1 diabetes and obesity
medications.
Body volume significantly influences pharmacokinetics,
affecting how drugs are distributed, metabolised and eliminated within the body. Incorrect calculations can alter drug concentrations,
resulting in adverse effects. Furthermore, overdosing due to inaccurate body volume calculations increases toxicity risk, particularly
for medications with narrow therapeutic indexes.
In pediatric and geriatric populations, accurate
body volume calculations are vital due to their unique physiological characteristics, significantly impacting drug pharmacokinetics. Additionally,
in obese patients, excess body weight affects drug distribution, making accurate calculations crucial to prevent underdosing.
The importance of precise body volume calculations
cannot be overstated, as it ensures medications are administered effectively and safely, minimising the risk of adverse reactions and
toxicity. Healthcare professionals must prioritise accurate calculations to provide optimal patient care.
Calculating Body Volume: A Crucial Step in Medication Administration
Body volume calculations are a critical component
of medication administration, and several methods are employed to ensure accuracy. The most commonly used method is Body Surface Area
(BSA), which utilises established formulas such as Mosteller[i] or Du Bois [ii] to calculate the body's surface
area.
Ideal Body Weight (IBW) is another essential
method for medications with linear pharmacokinetics. Formulas like Devine or Robinson are used to determine IBW, which provides a reliable
basis for medication dosing.
In instances where medications exhibit non-linear
pharmacokinetics or IBW is not applicable, Actual Body Weight (ABW) is used. This approach acknowledges individual variations in body
composition and ensures accurate dosing.
Lean Body Weight (LBW) calculations are employed
for medications with significant tissue distribution. Formulas like James or Janmahasatian[iii] enable healthcare professionals
to determine LBW, facilitating precise medication administration.
| Advanced Health Intelligence Ltd. ACN 602 111 115 Postal Address: PO Box 190, South Perth, WA 6951 Email: investors@ahi.tech | 2 |
ASX/NASDAQ Announcement 28 October 2024 | |
The Vital Importance of Accurate Body Volume
Calculations in Clinical Practice
Accurate body volume calculations have far-reaching
implications for various clinical applications, significantly impacting patient outcomes. Inaccurate dosing of antibiotics, for instance,
can lead to treatment failure or the development of drug-resistant pathogens.
Chemotherapy dosing requires utmost precision,
as correct dosing ensures optimal efficacy while minimising toxicity. Anaesthetics also demand accurate dosing to prevent overdose-related
complications, which can be life-threatening.
In paediatric care, correct dosing is crucial
for ensuring safety and efficacy, as children's developing physiology necessitates tailored medication administration.
To guarantee accurate body volume calculations,
healthcare professionals must adhere to best practices. This includes utilising validated formulas, such as Mosteller or Du Bois, to ensure
reliability.
Patient-specific factors, including obesity,
edema, or ascites, must also be considered in order to adjust calculations accordingly. Verifying calculations through double-checking
is essential to prevent errors.
Consulting reputable pharmacology resources
provides medication-specific dosing guidelines, further ensuring accuracy.
By embracing these principles, healthcare professionals
can confidently administer medications, optimising patient outcomes.
The Limitations of LBW, BSA and IBW Calculations:
A Call for Caution
Lean Body Weight (LBW), Body Surface Area (BSA)
and Ideal Body Weight (IBW) calculations, widely used in healthcare to inform medication dosing, nutritional assessments and treatment
plans, are prone to inaccuracies due to inherent limitations.
LBW oversimplifies body composition, neglecting
muscle mass, bone density and body fat distribution, leading to misclassification of individuals with muscular builds or athletic physiques,
inaccurate assessments for elderly or frail patients and limited applicability for diverse ethnicities and populations.
BSA formulas, such as Mosteller and Du Bois,
assume uniform body proportions, which may not hold true for all individuals. In contrast, variations in body composition, age and sex
can introduce significant errors. Simplifications in calculation methods can further compromise accuracy.
IBW formulas, like Devine and Robinson[iv],
rely on outdated data and assumptions, failing to account for individual variations in muscle mass, bone density and body composition.
These calculations may not accurately reflect optimal weight for diverse populations.
Inaccurate LBW, BSA, and IBW calculations can
lead to medication dosing errors, nutritional mismanagement, inadequate treatment planning and compromised patient outcomes. Healthcare
professionals must recognise these limitations and exercise caution when applying these formulas, considering individual patient characteristics,
clinical context and alternative assessment methods to ensure effective care.
AHI considers this patent especially pertinent
in the current landscape of increasing prescription rates for GLP-1-based therapies, including Ozempic and Mounjaro, in treating metabolic
disorders.
Advanced Health Intelligence is committed to
informing shareholders about significant advancements across its intellectual property portfolio, scientific breakthroughs, innovative
developments and commercial achievements.
The Chairman and CEO of Advanced Health Intelligence
Ltd have approved this announcement.
For more information,
please visit: www.ahi.tech
Laura Wilson
Chief Marketing Officer
Advanced Health Intelligence Ltd
E: admin@ahi.tech |
Vlado Bosanac
Founder/Head of Strategy
Advanced Health Intelligence Ltd
E: admin@ahi.tech |
| Advanced Health Intelligence Ltd. ACN 602 111 115 Postal Address: PO Box 190, South Perth, WA 6951 Email: investors@ahi.tech | 3 |
ASX/NASDAQ Announcement 28 October 2024 | |
About Advanced Health Intelligence Ltd
AHI offers a cutting-edge, smartphone-based
health risk identification solution that enables individuals to run their own comprehensive health assessments and risk stratification.
Utilising smartphone sensor technology, individuals can efficiently conduct a single scan or a series of scans to identify established
risk markers for various health conditions. The resulting data can then be shared with healthcare providers, insurers, employers, and
government agencies, facilitating timely triage and appropriate care pathway allocation.
AHI’s scientific research capability is
dedicated to developing advanced data capture techniques, optimising data input signal quality, and continuously enhancing and validating
AHI's solutions through rigorous scientific processes.
AHI has assembled a team of experts in machine
learning, artificial intelligence, biomathematical modelling and systems biology, computer vision, clinical expertise, and medically trained
data scientists to develop and deploy this cutting-edge risk assessment tool.
Over the past decade, AHI has been at the forefront
of health-tech innovation, pioneering smartphones in digital-first healthcare. Our journey began with the groundbreaking development of
the world's first on-device body dimensioning capability.
Since then, we have continued to evolve and
adapt our solutions to meet the dynamic needs of health systems players, who are dedicated to delivering high-quality patient care and
early detection of escalating health conditions. AHI's patented technology has enabled us to push the boundaries of early detection through
digital healthcare, offering a suite of modular solutions that are transforming the industry and offering earlier intervention opportunities.
Our comprehensive solutions encompass:
| · | Anthropometric and body composition analysis
to identify obesity-related comorbidities, including diabetes risk stratification. |
| · | Predictive modelling of blood biomarkers (including
HbA1C, HDL-C, LDL-C) and 10-year cardiovascular risk estimation. |
| · | Facial blood analysis technology to assess vital
signs non-invasively and provide risk stratification for cardiovascular disease. |
| · | Device-derived dermatological image analysis
for identifying over 588 skin conditions across 134 categories, including melanoma detection. |
| · | Atrial Fibrillation technology enables the detection
of Atrial Fibrillation using a mobile device, allowing for early identification and monitoring of this common heart condition through
a simple, non-invasive, and user-friendly smartphone-based solution. |
AHI has developed a biometrically driven triage
solution using only a smartphone. This solution enables the identification of health risks across populations and can inform individuals'
direction to appropriate care pathways for proactive health management. The technology provides cost-effective health risk assessment
access to billions of smartphone users worldwide, empowering these individuals to take charge of their health journey and improving health
outcomes globally.
i | | https://www.rxlist.com/body_surface_area/definition.htm |
ii | | https://www.ncbi.nlm.nih.gov/ |
iii | | https://pmc.ncbi.nlm.nih.gov/articles/PMC4337860/ |
iv | | https://reference.medscape.com/calculator/246/ideal-body-weight |
| Advanced Health Intelligence Ltd. ACN 602 111 115 Postal Address: PO Box 190, South Perth, WA 6951 Email: investors@ahi.tech | 4 |
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