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Health Exec: We Have No Choice But To Embrace AI
Providers who don't take advantage of AI will get "left behind," said Dr. Shantanu Gaur, founder and CEO of Allurion Technologies, during a panel discussion at INVEST Digital Health.
Providers who don't take advantage of AI will get "left behind," said Dr. Shantanu Gaur, founder and CEO of Allurion Technologies, during a panel discussion at INVEST Digital Health.
Allurion Technologies has commercialized a gastric balloon in the form of a pill that patients swallow. But the weight loss platform from the now NYSE-listed company also includes AI-driven software that provides insights about a patient’s progress, technology with the potential for use alongside obesity drugs.
Allurion Technologies has developed a gastric balloon that does not require surgery. The merger deal taking Allurion public comes as the company continues global commercialization of its technology.
The swallowable balloon eliminates the need for endoscopy and anesthesia, reducing costs for patients – who are generally paying out of pocket.
Allurion Technologies is seeking $27 million to bring its gastric balloon device, available in Europe, to the U.S. market to tackle the obesity epidemic.