Issue 6 2024

8 | Acquisition International, Issue 6 2024 Most Innovative Medical Device Manufacturer 2024 - Southern California & MedTech CEO of the Year 2024 (California): Perry Brunette aving established PathFree Technologies Corporation alongside Dr. Kongyuan, a renowned Chinese anaesthesiologist with multiple patents, Perry Brunette started out at the company as CFO in March 2021. Just three months later, Perry had moved into the role of CEO, a transition that reflects his exceptional expertise and commitment to his work. One of the visionaries behind the company, he leverages his background in finance, information technology, and AI to align with technological advancements and remain poised for growth within the industry. Prior to PathFree, Perry acquired extensive experience in raising capital for multiple private entities, and he qualified from the MBTI Business Training Institute with an associate degree in business, office automation, technology, and data entry. He also served his country in the US Navy. Dedication has been a true running theme throughout Perry’s career, with him always demonstrating perseverance and, in combination with his belief in God, he feels that this is what has led him towards success and the fruitful professional and personal relationships he holds dear today. Even outside of work, he is very much involved with the Pitchbook venture capital and private equity database, as well as takes part in community service. At PathFree, Perry is joined by an outstanding team of engineers and researchers who, with creative thinking and precision, translate ideas into reality and push the boundaries of AI in healthcare. The engineers work closely with medical professionals to ensure the devices are not only cutting-edge but also practical and intuitive for doctors and nurses in high-pressure situations. Then, there are the data scientists, the guardians of PathFree’s machine learning algorithms who are constantly analysing and refining its core product, AiMediaQ AiCart, the prototype of which was unveiled in 2023 and FDA clearance is in progress. Designed to assist medical response teams (paramedics, hospitals, fire departments, and other first responders) during emergencies, specifically cardiac arrests, this innovative technology uses AI to provide guidance through resuscitation procedures, potentially reducing human error and fatalities, and improving patient outcomes. Acting as a decision support tool, AiCart provides medical professionals with the information and protocols needed in order to deliver the best possible care when emergencies occur. To make this happen, it collects data from various sources during a resuscitation attempt, including patient vitals, medication administration, and CPR effectiveness. Machine learning algorithms then have the capability to analyse this data and identify any patterns and trends. Over time, the machine learning models can become capable of associating specific patient data with optimal resuscitation protocols. This means AiCart will be able to recommend the most effective course of action for each unique patient situation. Machine learning is known for its ability to adapt and improve with new data, so this means that as AiCart encounters more and more real-world scenarios, its algorithms will be continuously learning and sharpening its recommendations to enable even better patient outcomes. Machine learning is capable of predictive analytics, too; by analysing historical data and real-time patient information, AiCart can predict potential complications during CPR, allowing medical personnel to take preventative measures. The PathFree team’s commitment lies in taking healthcare to a whole new level through innovation, collaboration, and empathy. Devoted to making a difference in the lives of patients and healthcare professionals alike, its staff are the beating heart of that very mission, and this is shown through core values of ‘patient-first innovation’, ‘continuous progress’, ‘collaborative impact’, ‘efficient compassion’, and ‘fostering brilliance’. As such, the company’s internal culture is a dynamic, inspiring, celebratory, diverse, and intellectually curious one. It trusts its team to take ownership of their projects and make independent decisions, In the healthcare sector, Artificial Intelligence (AI) continues to prove itself a true gamechanger, whether used to organise patient data or in the form of robots to assist in surgery. PathFree Technologies Corporation (PathFree) is an American manufacturing company leveraging the power of AI to improve healthcare, particularly that required in critical situations. We learn more about this company and its CEO and CoFounder, Perry Brunette in light of a double win in the Business Excellence Awards 2024. H PathFree Technologies Corporation