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Forbes Topline

H1 Inc. Cofounder Explains The Impact Of AI On The Healthcare Industry

Forbes Topline

Forbes

Business News, News, Entrepreneurship, Business

4.86 Ratings

🗓️ 30 November 2023

⏱️ 13 minutes

🧾️ Download transcript

Summary

Ariel Katz cofounded H1 Inc with Ian Sax in 2017. H1 Inc is a healthcare data technology company based in New York. H1's database is used by healthcare and pharmaceutical companies by identifying healthcare professionals open to partnering on research in order to accelerate development of drugs and other treatments. The company has raised over 200 million in funding, has acquired over 400 employees worldwide. Ariel speaks with Forbes Senior Editor, Kristin Stoller at Founder's Forum explaining how research is vital to healthcare discoveries and the impact of AI on the healthcare industry. Stay Connected Forbes newsletters: https://newsletters.editorial.forbes.com Forbes on Facebook: http://fb.com/forbes Forbes Video on Twitter: http://www.twitter.com/forbes Forbes Video on Instagram: http://instagram.com/forbes More From Forbes: http://forbes.com Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Ariel, thank you so much for being here.

0:04.4

Yeah, so great to be here.

0:05.4

I'm excited.

0:06.1

So I want to start with the founding story of H1.

0:08.4

Can you give me a little bit about that?

0:11.1

Well, sure. You want the 30 second or the two minute?

0:15.0

A minute and a half.

0:17.0

Okay, tough.

0:18.0

So I started a company before which was called a research connection.

0:21.0

This is how I learned about H1 in the problem set. With research connection.

0:25.0

our mission was to connect students to research activity and so we profile every

0:29.4

university in America and know what researchers go on and students would use that to know what research

0:34.7

to get involved with.

0:35.7

If I want to get a PhD, they would use a research connection.

0:38.6

The thing that happened was companies were using it.

0:40.9

I was getting very annoyed at them.

0:42.2

So we had like Johnson and Johnson use our product. At the time, I was still in college, I didn't really understand I should charge Johnson and Johnson instead of telling them to get off of our product. But I realized these companies don't know what research is going

0:55.1

on in America. Big companies, Microsoft Johnson, Johnson, Pfizer. We ended up selling

1:00.2

research connection and with a similar team I went to them as like, hey. selling research

1:03.0

research connection and with a similar team I went to them as like hey

1:05.0

all those companies that were using us they clearly don't know

1:08.0

what research doctors are doing in the United States of America

...

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