[KR Special Situations Alert]: The Future of Medical Screening Is Already in Your Pocket

Sponsored by LightAI Inc.
(CBOE: ALGO)

Please read the Disclaimers, FWD Looking Statements and Disclosures

Consider yourself lucky if you ever sat across from Peter Whitehead, a man who’s quietly changed the lives of millions.
If his name doesn’t ring a bell, his previous invention might.
It’s called the VELScope, a revolutionary tool for detecting oral cancer, used in more than 50-million clinical examinations around the world.
He’s a five-time winner of the American Dental Association’s ‘Best of Class’ Technology Award.
Now, Peter is focused on something even bigger—something that could redefine healthcare globally.
He placed his phone on the table, opened an app, and said: “What if diagnosing an illness like Strep A took less time than sending a text?”.
Introducing LightAI (ALGO:CBOE), his latest brainchild.
And what it offers isn’t just faster finding—it’s a revolution in how we approach infectious diseases.

The Problem That Costs Millions of Lives Every Year

In the United States, for every 10 sore throats treated, six result in antibiotic prescriptions. Only two or three of those are bacterial infections.
This over-prescription feeds a global health crisis: antimicrobial resistance.

Strep A, the initial target for Light AI’s technology, infects 287 million people every year. If you have kids, there’s a good chance you had a scare or two. Maybe even during your own childhood.
It’s a silent killer, particularly in low-resource countries where diagnostic tools are scarce. The current system is painfully inefficient: a doctor’s visit, lab tests, and a wait for results. For many, that wait costs precious time—and sometimes, lives.
But what if the solution didn’t involve a lab? What if it lived on the one device nearly everyone already carries?

The Solution No One Saw Coming

LightAI (ALGO:CBOE) is developing technology aiming to transform any smartphone into a testing powerhouse.
Here’s how it works:
You open the app, follow a few simple steps, and snap a photo of the patient’s throat. Within seconds, the AI analyzes the image, providing a finding.
No swabs, no labs, no waiting—just actionable results.

What Makes This So Unique…

Note: Regulatory approvals and third-party verification are required before commercial deployment. Source – January 2025 presentation.

But what makes Light AI truly unique is its scalability.

Through a partnership with TC4A (Tech Care 4 All), the company is poised to bring its technology to lower-income countries, addressing some of the world’s most pressing public health challenges.

LightAI Wants a Piece of a $65 Billion Market

Analysts predict that the global point-of-care diagnostics market is expected to hit $65 billion by 2027. LightAI is looking to make a dent in that and attempt to disrupt it.
Unlike traditional diagnostics companies that rely on expensive proprietary hardware, LightAI leverages the one tool everyone already owns: a smartphone.
And the opportunity isn’t limited to affluent markets…
In many developing countries, where access to healthcare infrastructure is limited, this technology could mean the difference between life and death.

The team includes seasoned veterans in AI, healthcare, and regulatory compliance—names you trust when betting on the future.

Timing Is Everything

LightAI is public under the ticker “ALGO” on the Canadian markets.
Peter Whitehead’s experience with the VELScope highlights his background in medical technology innovation.

Weighing the Risks—and the Rewards

Let’s be clear: Light AI is not without risks.
It’s transitioning from private to public, and the healthcare diagnostics market is competitive.
However, these risks are mitigated by the company’s proven technology, its world-class team, and its razor-sharp focus on execution.
The healthcare industry is starved for innovation, and Light AI offers something that’s as transformative as it is timely.
Every so often, an opportunity comes along with the potential that doesn’t just change an industry—it could create a path to a new standard.
You can find out more at www.light.ai.
This is a company we have our eye on and follow closely.
Regards,
The Katusa Research Special Situations Team
Sources:

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LightAI Inc. is a paid sponsor of this report.
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