(TheNewswire)
Calgary, Alberta – June 11,2024 – TheNewswire – nDatalyze Corp. (“ NDAT ” or the “Corporation”)(CSE:NDAT) (OTC:NDATF)
The Corporation has been advised of further preliminaryresults of the York University clinical study related to theCorporation’s YMI mental condition assessment program. The model hasbeen further refined to target overdiagnosis and is currentlygenerating 93% precision (or “positive predictive value”) whenusing psychiatrist/psychologist diagnoses as the “ground truth”.
Jim Durward, CEO/CTO states: “ Mental condition diagnoses are generated by threedisciplines: Psychiatrists (medical doctors who are alsohighly-trained in “matters of the mind” and who can prescribepsychotropic drugs), Psychologists (persons who are not a medicaldoctors but are highly-trained in matters of the mind, but who cannotprescribe drugs), or Primary Physicians (family doctors – medicaldoctors with little mental condition training but who can prescribepsychotropic drugs). Our model uses only Psychiatrist/Psychologistdiagnoses as the “ground truth” as these are the disciplines withhigh degrees of mental condition training.”
According to Johns Hopkins Bloomberg School of PublicHealth, Americans are over-diagnosed and over-treated for depression.One of their studies examined adults with clinician-identifieddepression and individuals who experienced major depressive episodeswithin a 12-month period. It found that when assessed for majordepressive episodes using a structured interview, only 38.4 percent ofadults with clinician-identified depression met the 12-month criteriafor depression, despite the majority of participants being prescribedand using psychiatric medications*.
*Source:https://publichealth.jhu.edu/2013/mojtabai-depression-over-diagnosis-and-over-treatment
Once complete, the York study is expected todemonstrate the benefit of combining DNA data with environmentalbiometric data when predicting depression susceptibilities.
For Further Information, pleasecontact:
Jim Durward, CEO/CTO
Email: jimd@ndatalyze.com
nDatalyze Website: https://www.ndatalyze.com
About YMI: YMIuses evidence-based, objective data from whole life experiences topredict individual mental states over time and applies this knowledgetowards a fuller understanding of how mental health develops, and howto improve mental wellbeing. YMI combines supervised machine-learningwith a proprietary Reference Database to predict an individual’spredisposition toward a variety of common mental conditions, bothcurrent and forward in time. YMI is poised torevolutionize mental health diagnoses while ensuring a sustainablerevenue stream. By strategically addressing the causes ofmisdiagnosis, establishing credibility through clinical studies, andtargeting key markets, YMI aligns both societal impact and financialsuccess.
About Mindbalanced, Inc.: Mindbalanced’s vision is to redefine mentalhealthcare through an integrative, personalized approach leveragingcutting edge technology and non-invasive treatment protocols. By harnessing evidence-based data we aim topredict and enhance mental wellbeing, taking into account individualpredispositions and environmental factors thereby fostering healthierand more fulfilling lives for all.
Neither the Canadian Securities Exchange nor itsRegulation Services Provider (as that term is defined in the policiesof the Canadian Securities Exchange) accepts responsibility for theadequacy or accuracy of this release. This news release does notconstitute an offer to sell or a solicitation of an offer to sell anyof the securities in the United States. The securities have not beenand will not be registered under the United States Securities Act of1933, as amended (the "U.S. Securities Act") or any statesecurities laws and may not be offered or sold within the UnitedStates or to U.S. Persons unless registered under the U.S. SecuritiesAct and applicable state securities laws or an exemption from suchregistration is available. The information in this news releaseincludes certain information and statements about management's view offuture events, expectations, plans and prospects that constituteforward looking statements. These statements are based uponassumptions that are subject to significant risks and uncertainties.Because of these risks and uncertainties and as a result of a varietyof factors, the actual results, expectations, achievements orperformance may differ materially from those anticipated and indicatedby these forward-looking statements. Any number of factors could causeactual results to differ materially from these forward-lookingstatements as well as future results. Although the Corporationbelieves that the expectations reflected in forward looking statementsare reasonable, it can give no assurances that the expectations of anyforward-looking statements will prove to be correct. Except asrequired by law, the Corporation disclaims any intention and assumesno obligation to update or revise any forward-looking statements toreflect actual results, whether as a result of new information, futureevents, changes in assumptions, changes in factors affecting suchforward-looking statements or otherwise.
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