Sharp Brains: Brain Fitness and Cognitive Health News

Ontario Innovation Summit: The Business of Aging

MaRS BusofAgingHeader(a Toronto-based innovation center) has just announced the Ontario Innovation Summit: The Business of Aging to “feature some of the world’s top experts focused on the many issues that the aging of the global population poses for communities, governments, academic and healthcare institutions, and businesses.”

Topics:

- Innovation in an Age Friendly Society: Interconnected Challenges and Opportunities
- Rethinking Technology & Community: Optimizing our Economic Contributions and Enhancing Quality of Life
- Maintaining Autonomy: The Brain Fitness Movement
- Public Policy Impact: Putting Innovation to Work across the Continuum of Aging
- Commitment to Action

The conference will host special keynote appearances by the Hon. Dalton McGuinty, Premier of Ontario, and Dr. Buzz Aldrin, Apollo 11 Astronaut. Other confirmed speakers:

- Dr. Jane Barratt, Secretary General, International Federation on Ageing
- Dr. John Beard, Director, Department of Aging and Life Course, World Health Organization
- Dr. Adalsteinn (Steini) Brown, Assistant Deputy Minister, Health System Strategy Division, Ontario Ministry of Health
- Alvaro Fernandez, Co-Founder, SharpBrains
- Saul Kaplan, Chief Catalyst, Business Innovation Factory
- Dr. David Naylor, President, University of Toronto
- Dr. Bill Reichman, President and CEO, Baycrest

To learn more, click Here.

Will make sure to blog about the event – what Ontario is doing, including its $10m investment in Baycrest last year (see my interview with Baycrest CEO, Bill Reichman), is truly enlightened and stimulating.

Centre for Brain Fitness at Baycrest: Interview with Dr. William Reichman

In April 2008, Baycrest, a leading research institute focused on aging and brain function, received $10-million from the Ontario Government to create a groundbreaking Centre for Brain Fitness. Its stated goal was to “develop and commercialize a range of products designed to improve the brain health of aging Ontarians and others around the world”.

“Our government is proud to support Baycrest and its invaluable work, which is already leading to the discovery of important new tools and approaches to treating brain diseases associated with aging,” said Minister of Research and Innovation, John Wilkinson.

We have Baycrest’s CEO with us today, to explore why Ontario and Baycrest chose to Bill Reichman Baycrestbecome pioneers in this area, and discuss some of the main opportunities, and challenges. Dr. William E. Reichman is President and CEO of Baycrest. Dr. Reichman, an internationally-known expert in geriatric mental health and dementia, is also Professor of Psychiatry on the Faculty of Medicine at the University of Toronto.

Alvaro Fernandez: Bill, thank you for your time. Let me start by asking, given that you just spoke at the recent Consumer Electronic Show, what do you make of the growing brain fitness field?

Bill Reichman: it looks like a classic example of a very promising but still early stage field – a lot of opportunity and enthusiasm, but also a lot of product claims that are not backed by solid research. Think about the physical fitness analogy: even today, after decades of progress, you still see people buying research-based products such as treadmills but also all types of random machines they see on TV and have not been subject to any validation. Similarly, consumers today do not know what to make of growing brain fitness claims. As another speaker pointed out, for the industry to fulfill its promise, it will need to be careful with research and claims, not to end up like the nutraceuticals category.

By the way, let me recognize that the work you are doing with SharpBrains reports and your website is very important to offer quality information.

Thank you. Let’s step back for a moment. Taking a, say, 10 years view, what is the main opportunity that technology-based brain fitness can offer to society?

First of all, let me say that I think we have an opportunity to make major progress in Brain Health in the XXI century, similar to what happened with Cardiovascular Health in the XX, and technology will play a crucial role.

Given the rapid advances we are witnessing today in the research and technology arenas, I feel confident in saying that in less than 10 years we will have both valid and reliable assessments of cognitive functions, that will be used both by Read the rest of this entry »

Brain Games and Training for Baby Boomers: News Round-Up

Round-up of recent news with a variety of angles, from the effects of Brain Health Newsgaming to cognitive training for driving skills and brain fitness classes.

Seniors use brain training software to sharpen their minds (Dallas Morning News)

- “Allstate Insurance has invited some policyholders and other older drivers to try InSight so researchers can evaluate whether the software reduces accidents.”

- “Depending on the results, the auto insurer says it may expand the pilot project and offer premium discounts to drivers who take the brain training.”

- “Today, only one in seven licensed drivers is 65 or older. But by 2030, when the last of the boomers turn 65, the proportion will be one in four. “

Brain games (Palo Alto Weekly)

- “There is research that justifies the belief that games can aid the brain’s health, according to Dr. Walter Bortz II, a Stanford University School of Medicine associate professor and expert on longevity and robust aging. Studies show that stimulating the brain by learning new tasks increases blood factors in the brain that act like steroids, making it possible for the brain to grow even in old age

- “Called “brain plasticity,” such growth is the foundation of brain-fitness software research.”

Brain Fitness Classes Keep Seniors Mentally And Socially Active (Washington Post)

- “More options for exercising the brain are on the way. Last year, the Ontario government pledged about $8 million to develop a brain fitness center in Toronto. In San Francisco, Jan Zivic, a former executive search consultant, opened a center, vibrantBrains, that offers memory improvement classes and workshops. Zivic was inspired by help she got from brain fitness games she played after being injured in an automobile accident.”

The 15 Clearest Benefits of Gaming (Edge Magazine)

-”But Fernandez warns that the gamer generation isn’t automatically guaranteed to have better cognitive health than their grandparents. “Cognitive fitness (having the mental abilities required to thrive in cognitively more complex environments) seems to depend on four major pillars: nutrition, physical exercise, stress management and mental exercise. All these factors have physical effects on our brains (for example, physical exercise contributes to the creation of new neurons, while stress and anxiety prevents and/or reduces the creation of new neurons). The bad news is that we have growing obesity rates and anxiety among young people. So, games are great for mental exercise, but we shouldn’t forget the other ‘ingredients’ for cognitive fitness.”

- “Fernandez muses, “Indeed ‘fun’ can be seen as a goal in itself … The problem is that we confuse gaming as a vehicle with gaming as content. Gaming as vehicle is arguably great—it allows for interactivity, engagement. Gaming as content, well, it depends. It is not the same to play a bloody shooter game as it is to Tetris or Rise of Nations, so the field should do a better job at explaining to mainstream society the diversity of games and dispel some myths.”

More Brain Fitness and Cognitive Health News

Brain fitness & training heads towards its tipping point

How do you know when something is fast moving towards a Gladwellian tipping point? When health insurance companies and public policy makers launch significant initiatives.

For example, the government of Ontario recently announced a $10 million investment with Baycrest Research Centre who will partner with MaRS Venture Group to develop and commercialise brain fitness technologies. The investment was matched by an additional $10 million from private sources.

Another important development was the $18 million agreement between the Australian-based Brain Resource Company (ASX:BRC) and OptumHealth in the US. This will allow for the provision of web-based cognitive assessments as part of a clinician’s decision support systems.

These are some initiatives covered in a webinar Top Ten Cognitive Fitness Events of 2008 presented in December for SharpBrains’ clients. Alvaro Fernandez described the state of play and main drivers behind the growth of the burgeoning brain fitness market – which I will try and summarize here.

The key drivers seem to be Read the rest of this entry »

Brain Training Games @ CNN

Crisp CNN article:

Boom times for brain training games

Including my final quote “[Brain fitness] is not just some fad. The market is much deeper than Nintendo.”

The “brain fitness center” financed by Ontario is Baycrest. Companies mentioned: Mindfit, Posit Science, Nintendo, Allstate, BrainBuilder, MyBrainTrainer.

The reporter and I also discussed in depth the need for better consumer education and professional development, so people can make informed decisions, and for cognitive assessments to serve as independent baseline, help identify priorities and measure results. Please note that our market estimates do include revenues of computerized cognitive assessments, today mostly used in clinical trials, and wthin the military and sports teams.

Top 10 Cognitive Fitness Events of 2008 (Webinar)

We have just announced an upcoming webinar to provide a market update:  Top 10 Cognitive Fitness Events of 2008 – A Market Update.

cognitive fitness When: Thursday December 11th, from 12:00 to 1:00 pm Pacific Time. The same webinar will be repeated on Thursday December 18th, from 9:00 to 10:00 pm Pacific Time.

The Top 10 Cognitive Fitness Events that will be discussed include:

1) February: Dakim secures a $10.6m investment from Galen Partners. Jack LaLanne becomes spokesperson.
2) April: The Government of Ontario, Canada, invests $10m in Baycrest to develop and commercialize cognitive fitness technologies.
3) April: University of Michigan researchers reveal in the Proceedings of the National Academy of Sciences how computerized working memory training can generalize and improve fluid intelligence in healthy adults.
4) May: Humana unveils Games for Health initiatives, not renewing its agreement with Posit Science.
5) June: The US Army launches a new policy requiring cognitive screenings of all soldiers before deployment (in order to Read the rest of this entry »

The Cognitive Health and Fitness Market On The Move

As you have probably seen, the Cognitive Health and Brain Fitness field is rapidly evolving, so let me highlight some of the main recent developments affecting the field:

1) Public policy initiatives:
- The Government of Ontario, Canada, announced a $10m investment in Baycrest Research Center to help develop and commercialize brain fitness technologies. This $10m investment was matched with an additional $10m by local investors.
- In the US, The Paul Wellstone and Pete Domenici Mental Health Parity and Addiction Equity Act of 2008 was signed into law, included in the recently-approved economic bailout bill. The passage of this law has significant implications for healthcare providers and technology vendors alike.

2) Computerized Cognitive Assessments Used by the US Military:
The US Army launched a new policy requiring cognitive screenings of all soldiers before deployment (in order to better diagnose potential problems such as PTSD and TBI upon return). ANAM was the selected computerized battery of tests.

3) Venture & Angel Fundraising for Cognitive Training companies:
A number of developers have raised money. CogniFit received $5m (from Milk Capital), Lumos Labs $3m (FirstMark Capital -previously called Pequot Ventures-, Norwest Venture Partners), Scientific Brain Training $1.5m (issued shares), Vivity Labs $1m (undisclosed angel investors), This is, of course, on top of the February $10.6 investment in Dakim (Galen Partners) that we already included in our market report.

4) Major Initiatives by Insurance Companies:
- Allstate launched a large-scale research project to measure impact of Posit Science InSight (visual processing training) on driver safety for adults over 50.
- OptumHealth announced a 3-year, $18m agreement with Brain Resource to offer web-based cognitive assessments as part of clinicians’ decision support systems.
- Humana decided not to renew its agreement with Posit Science to offer Posit’s auditory processing training program to Medicare members.

5) New Research:
- In a significant new study, a team from the University of Michigan published a high-quality paper in the Proceedings of the National Academy of Sciences showing how computerized working memory training can generalize and improve fluid intelligence (one of the domains that tends to decline with age).
- Learning and Teaching Scotland released an internal study showing how Nintendo Brain Training can help children’s math and concentration skills. The study gained significant media attention, despite the fact it hasn’t been published in a respected journal.

Note: This is an excerpt from the 6-Month Market Update we will  release later this month, covering the many important developments that have occurred since we launched the inaugural Brain Fitness Market Report in March this year. This special report will be available exclusively for our Premium Research Sponsors.

Cognitive Health News Round-Up

Round-up of interesting recent news on cognitive health and fitness: the field is in motion.

1) Baycrest creates Centre for Brain Fitness with $10-million Investment from Ontario Government (Canada NewsWire)

2) Cognitive tests are the best way to select medical students (EurekAlert)

3) High blood pressure hard on the aging brain (Reuters)

4) Alzheimer’s tests beneficial for seniors (Atlanta-Journal Constitutional)

5) Dementia-Dreading Baby Boomers Spur Race to Invent Brain Games (Bloomberg)

6) Vivity Labs launches Fit Brains brain-training game site (VentureBeat) 

7) Depression and Alzheimer’s (NHS Choices)

For selected quotes and comments, Read the rest of this entry »

Brain class at UC-Berkeley Osher Lifelong Learning Institute

If you are based in North California, you may be interested in the classes just announced by the UC Berkeley Osher Lifelong Learning Institute. “Berkeley OLLI is an inquiring and stimulating community of adults, age 50 and above, exploring new areas of knowledge and traditional disciplines, challenging and fascinating subjects.” If you are not in the San Francisco Bay Area, you can check the closest Lifelong Learning Center to you in either the Osher Lifelong Learning Institute network or the Elderhostel one.

You can see a listing of their classes for the Fall 2007 session, on a fascinating variety of topics. Keeping our educational activities since 2005 (first delivered in SFSU), I will be teaching the following class

The Science of Brain Health and Brain Fitness (more here)

October 9-30th, 4 classes, 6.30-8.30pm

Location: University Hall, UC Berkeley

Description: Neuroscientists have shown how the human brain retains neuroplasticity (the ability to rewire itself) and neurogenesis (creation of new neurons) during its full lifetime, leading to a new understanding of what aging means. In this class, we will review the science behind some of key concepts in this field and explore their implications on our lifestyles: neuroplasticity and neurogenesis, the Cognitive Reserve theory for healthy aging, computer-based cognitive training programs, emotional self-regulation, and the 4 pillars for lifelong Brain Health. We have all heard “Use it or lose it”. Latest research suggests, “Use it and improve it”.

If you are interested in learning more about the classes, you can attend the open House on Tuesday, September 18, 10:00 am to 12:00 noon, at the Berkeley City Club, 2315 Durant Avenue, Berkeley. I can only say that the SFSU classes were a lot of fun and I am sure the Berkeley ones will be as compelling.

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As seen in The New York Times, Wall Street Journal, CNN, US News & World Report, and more, we are a market research & advisory company focused on providing high-quality information and guidance to navigate the brain fitness and cognitive health market.
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