Yidu Tech

MediTech is a company that specializes inHealthcare Big DataSolutions, a China-based investment holding company. The company is dedicated to providing comprehensive support for medical research, healthcare management, regional public health and population health management, and innovative drug discovery and development through big data and artificial intelligence technologies.

MediTech's business is categorized into three main segments: big data platforms and solutions, life science solutions, and health management platforms and solutions. The Big Data Platform and Solutions segment focuses on providing big data platform products and other solutions customized for customers to help healthcare organizations and enterprises achieve data-driven decision-making and management. The Life Sciences Solutions segment provides analytics-driven clinical development, real-world evidence (RWE)-based research, and digital marketing solutions to pharmaceutical, biotechnology, and medical device companies. The Health Management Platforms and Services segment operates research-driven personal health management platforms and provides insurtech and disease management solutions to insurance companies and agencies.

MediTech's core technology is its data intelligence infrastructure, YiduCore, which is an integrated big data processing, artificialintelligent algorithmand medical expertise platform. Through YiduCore, MediTech is able to provide customers with efficient and accurate data analysis and application services to help healthcare organizations and enterprises improve the efficiency and quality of healthcare services.

In terms of its development history, MediTech's early stage was mainly focused on building up its technical foundation and accumulating data and technical experience by providing services to and cooperating with medical institutions. With the continuous maturity of technology and accelerated commercialization, MediTech started to develop a set of analytics-driven healthcare solutions relying on YiduCore to provide different solutions for different types of customers, and at the same time, further strengthen YiduCore to provide greater value.

In terms of business performance, MediTech has achieved remarkable results in the field of medical big data. For example, MediTech Cloud won the bidding for the informationization platform (Phase I) project of Chaozhou Municipal Medical Group, with a total project amount of about RMB 43.66 million. In addition, MediCloud also led the project of "Big Data and AI-driven Drug Clinical Trial Acceleration Platform Research and Development", which successfully passed the acceptance of Beijing Science and Technology Commission and Zhongguancun Administrative Committee, and has been deployed and applied in a number of hospitals, realizing significant cost reduction and efficiency increase in clinical trials. Meanwhile, Meditec Cloud also assisted in the opening of the first Chronic Progressive Liver Disease Digital Management (CDM) Center in Northeast China, contributing to the improvement of the diagnosis and treatment results and quality of life of patients with chronic progressive liver disease.