GenoMed Inc. (GMED)

[mingwan0]

Something to think about in terms of potential revenue opportunities is the Malaysian Multimedia Super Corridor (MSC) TeleHealth Flagship Application.

http://www.msc.com.my/msc/flagship.asp#telehealth

The Telehealth initiative aims to keep people in the ‘wellness’ paradigm, through the seamless availability of health information and virtual health services thus transforming the way healthcare services are delivered and accessed. Definition of Telehealth is a multimedia network linking all players to provide products and services in health care.

The four Telehealth Flagship Application pilot projects are :

1. Teleconsultation (TC)
2. Mass Customised / Personalised Health Information and Education (MCPHIE)
3. Lifetime Health Plan (LHP)
4. Continuing Medical Education (CME)

http://www.telehealth.com.my/english/cme.html

Continuing Medical Education (CME) is defined as educational and learning activities which serve to maintain, develop/increase the knowledge, skills, professional performance and relationship that a healthcare provider uses to provide services for patients, the public and for his/her own profession.

In short, the purpose of CME is to drive the medical and health practice.

The CME system developed will be integrated into and interfaced with the other applications within the Telehealth framework, namely, Lifetime Health Plan (LHP), Mass Customised/Personalised Health Information and Education (MCPHIE) and Teleconsultation.

The three services provided under CME are: Electronic Courses Educational courses offered via the Internet and other channels of delivery.

The two main types of electronic courses are:

Modular Distance Learning (MDL)
Refers to modular educational programs that can be tied to the issuance of the annual practicing certificate for medical practitioners and for other categories of allied health staff. We will offer modular courses in accordance with priority health topics.

Formal Distance Learning (FDL)
A structured educational programs run by accredited educational and professional institutions and organisations that will result in the award of paper qualifications, with focus on facilitating delivery of courses run by the government and universities. We will also provide online materials to assist the skill-based components of the courses through simulation or audio-visual aids.

Creation of Online Professional Community Service
We will offer an application for the creation of a virtual community, which ultimately will make the CME programs and web site dynamically evolving entities. These services will ensure continuous use by the virtual community members with their regular feedbacks. The services will offer a variety of collaborative tools, namely e-mail, white-boarding, online professional discussions, newsgroup, audio and video conferencing, application sharing, file transfer and web site hosting.

Virtual Resources
Virtual Resources refer to sources of information located in cyberspace accessible with the aid of web-based technologies. Our services include gateways to real libraries, virtual library links to other library services, medical databases, online biomedical journals and other CME web sites. We will provide other value-added services such as creation of local medical knowledge-based databases. The Virtual Resources shall form a "one-stop center" where quality health information covering a wide scope of needs and interests (academic or otherwise) beneficial to the health and medical professionals, are made available.

http://www.phenomed.net/news.htm

Phenomed's U.S. Partner, GenoMed Inc., Offers Web-Based Medical Education Course on Genomics For Physicians

Web-Based Course to Enhance Awareness of Genomic Medicine

KUALA LUMPUR, Malaysia – February 27, 2004 – PhenoMed, a development-stage disease management and medical-pharmaceutical therapeutic company, today announced its U.S. partner, GenoMed Inc. (OTC: GMED), has formally launched a Web-based course on genomics for practicing physicians.

Information about the course is available at:

http://www.cme-webcredits.org/tests/genome

Although the course was designed to service the 650,000 physicians in the U.S. who require continuing medical education (CME) to keep their medical license active, the online course can be taken by anyone interested in this field. As Ezehan Kamaluddin, Phenomed's COO commented, "those physicians joining Phenomed's disease management network will certainly be encouraged to draw upon this important resource. This course will also be worthwhile for those physicians participating in our clinical trials research."

"There is a huge need for this type of Internet education. Physicians need to learn about genomics, and they need to do so in the most time- and cost-effective manner possible. Physicians can earn two years' worth of CME credit in their spare time, without having to leave their busy practices to attend a conference. GenoMed will serve as a for-profit postgraduate medical university for these physicians," said David W. Moskowitz, M.D., GenoMed Chairman, CEO and Chief Medical Officer. "We have been developing this course since September 2002 and we are delighted that it is now being launched."

GenoMed has partnered with Health Communication Research Institute, Inc. (http://www.hcri.com), a non-profit company which is a pioneer in Web-based education for physicians.

Now the only thing that is missing is some sort of formal tie-up between Malaysia's CME Telehealth Flagship Application pilot project and the Health Communication Research Institute so that this course can be offered as part of the former.

Incidentally, a good source of general information about Telemedicine is the Telemedicine Information Exchange:

http://tie.telemed.org/