The global pandemic has cast a spotlight on the impact of digital transformation in healthcare. From ensuring access to care with telemedicine to accelerating vaccine development, technology has rapidly unlocked new sources of value for patients, providers, and researchers alike. While much of this has played out before our very eyes, other advancements have been less visible but equally as significant.
Consider the rise of digital pathology. Pathology sits at the core of disease diagnosis;
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Digital Pathology
PathologyWatch Lands $25M for Digital Dermpath Lab Platform
What You Should Know:
- Digital lab and pathology platform PathologyWatch, today announced $25 million in Series B funding with participation from Ceros Capital Markets, Rock Creek Capital,Springtide Capital, Spark Growth Ventures, Blueprint Health, Blackbrook Management Group, and existing investors.
- AI in diagnostic services grew by 80% in 2020, largely in response to the COVID-19 pandemic, which also brought to our attention the need for more equitable and accessible healthcare. With
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HLTH21: Roche, Ibex Medical Partner to Develop AI-Powered Digital Pathology Apps
What You Should Know:
- Ibex Medical Analytics, the pioneer in AI-based cancer diagnostics, today announced that it has signed a deal with Roche, the world’s largest biotech company and global pioneer in pharmaceuticals and diagnostics. Ibex will be integrating its Galen™ platform into Roche’s uPath enterprise cloud software in order to help pathologists to enable pathologists to seamlessly access Ibex’s AI algorithms, insights, and decision support tools using NAVIFY Digital Pathology,
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Philips, Ibex Medical Analytics Partner on AI-Powered Digital Pathology Adoption
What You Should Know:
- Philips and Ibex Medical Analytics announced a strategic partnership to globally commercialize clinically proven, AI-powered digital pathology solutions. The collaboration further cements Philips’ commitment to integrated diagnostics providing a clear path to precision diagnosis.
- The trend towards centralized pathology labs, the global shortage of trained pathologists, and increasing demands on histopathology posed by the growing number of cancer
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Proscia Secures $23M for AI-Enabled Digital Pathology Solutions
What You Should Know:
- Proscia secures $23M in Series B
funding led by Scale Venture Partners for its AI-enabled digital pathology
solutions.
- Proscia will use the funding to expand its AI application portfolio, boost commercial expansion, and advance its regulatory strategy to secure FDA approval.
Proscia, a Philadelphia-based provider of digital and
computational pathology solutions, today announced it has secured $23M in
Series B funding led by Scale
Venture
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JPC Taps Proscia to Modernize World’s Largest Human Tissue Repository
What You Should Know:
- The U.S. government’s Joint Pathology Center, which
houses the world’s largest human tissue repository, today announced that
Proscia, a leading digital and AI pathology company, will provide end-to-end
modernization of JPC’s pathology operations.
- The multi-phase project will digitize the world’s
largest human pathology specimen repository in order to enhance biomedical
research for cancer and infectious diseases like COVID-19, and enable easier
data sharing with
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Israeli Startup Deploys AI-based Solution for Prostate Cancer Detection
What You Should Know:
- Ibex Medical Analytics announces the first U.S.
deployment of its AI-powered solution for cancer detection in pathology, at the
CorePlus Servicios Clínicos y Patológicos, LLC, a leading clinical and anatomic
pathology lab in Puerto Rico.
- The deployment will improve cancer care in the U.S.,
where the number of pathologists decreased by nearly 20% in the past decade.
This comes shortly after the first implementation of such technology in both
France and the UK.
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Paige Lands Additional $20M for AI-Native Digital Pathology Ecosystem
What You Should Know:
- Paige secures an additional $15M from Goldman Sachs totaling $20M to close out a total Series B funding round of $70M for its AI-native digital pathology ecosystem.
- The company’s continued product portfolio of innovation in telepathology and digital diagnostics accelerated by further investment.
Paige, an NYC-based leader in computational pathology transforming the diagnosis and treatment of cancer, today announced it received an additional $15M from
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Philips Partners With Proscia to Accelerate Open Digital Pathology Adoption
What You Should Know:
- Philips inks a collaboration with digital pathology
leader Proscia to advance an open ecosystem that helps laboratories accelerate
and scale digital pathology adoption.
- Proscia will integrate the Philips Pathology SDK to
natively utilize Philips’ iSyntax image format with its Concentriq digital
pathology platform and suite of AI modules, providing users of Philips’ digital
pathology solutions with expanded options to meet their business and
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Paige Raises $45M to Expand AI-Native Digital Pathology Ecosystem to Accelerate Biomarker Discovery
- Paige raises $45M in Series B funding led by Healthcare Venture Partners with participation from Breyer Capital, Kenan Turnacioglu, and others. - The funding will be used to accelerate commercial efforts of its AI-native digital pathology ecosystem in the U.S., Europe, Brazil, and Canada. Paige, a NYC-based leader in computational pathology transforming the diagnosis and treatment of cancer, today announced it has closed its Series B funding round of $45 million, bringing the Company’s
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