KIELTYKA GLADKOWSKI KG LEGAL has recently participated in a training devoted to trade and business reports in risk analysis and investments in Poland. The information gained through the training will help our Clients in a more careful selection of a suitable business partner and will increase the transparency of business standing.
IPG Trade Reports
The basic source of information on the financial data of business entities is the Polish National Court Register. Reliability can also be assessed on the basis of data from the Court and Economic Journal, the Polish National Business Registry Number database, debtor registers, and information from InfoCredit companies and partners (IPG reports). These IPG reports present the situation of a given company in detail. Among other things, they present the structure of shareholders of the entity, which is one of the basic parameters of risk assessment connected with a given company. They also contain current and historical financial ratios. They also contain a complete ratio analysis of parameters such as liquidity, indebtedness, operating efficiency, profitability, and capital and asset structure. Trade reports also contain information on the structure of employment, which is collected directly from companies. Despite the decision of the Ministry of Finance in 2017, regarding the inclusion of import and export data under fiscal secrecy, the reports contain information on business activity.
Artificial intelligence (AI) used in medical devices
Artificial intelligence (AI) technologies are being used more and more boldly in areas that until now were reserved exclusively for humans. They are mainly used in decision-making, image analysis, speech, or natural languages analysis. These systems involve creating models of intelligent behaviour that can be used in computer programs and solve problems that cannot be solved using standard classical algorithms. This requires large amounts of data through which AI applications learn patterns and features that predict the output. This makes them different from classical algorithms, which have predefined rules and which AI creates on its own based on data provided to it. In medical devices AI causes operational speeding up of mechanisms and analysis of particular cases.
Artificial intelligence in medical diagnosis and prognosis
On 27 January 2022 there will take place the event “Healthtronics EU – Israel bridge”, organized by LifeScience Cluster Krakow, which will be attended by partners from KG LEGAL. The meeting is aimed at establishing cooperation between Polish, European and Israeli entities within the framework of a virtual business mission and their familiarisation with the health sector in the European Union countries and Israel. In addition, it aims to broaden the horizons of the high-tech industry, provide practical knowledge on the commercialisation of products and inspire projects in the field of health and biotechnology. The meeting will discuss topics related to value chains in the health sector, the e-health ecosystem in Israel and the Israeli medical device sector. During the meeting, a three-hour networking event is planned for representatives of companies from the European Union countries and Israel, who will have the opportunity to present themselves during the meeting and establish contacts between each other. Companies such as ARANET, BIO-T, BORN, PERCEPTUS, DARWIN BIOMEDICAL, TYTOCARE, VIRUSIGHT, VITALERTER, YSIUM MEDICAL, ZAYA ARTIFICIAL INTELLIGENCE will participate in the meeting.
The event was attended by US-based general counsels, heads of legal and legal directors in the corporate/M&A field. Together with the Lex Mundi, the participants discussed how the emerging post-Covid regulatory landscape suggests that corporate legal teams will have more influence than ever over integration.
In the US, in the context of the case of donor 1558 a legislative initiative has been launched to protect the parents of children conceived using genetic material taken from a donor.
In the case widely discussed in the press, 27-year-old Steven Gunner died of a drug overdose. His biological father was sperm donor number 1558 who according to the biobank’s description, was a brown-eyed student who played guitar and hockey. After the tragedy, Steven’s parents learned that the sperm donor suffered from schizophrenia and died the same way as Steven – from a drug overdose. As a result of their actions, Republican Senator Gallivan introduced a draft legislation to waive the donor’s confidentiality for a period of five years back so their medical records could be checked.
