What You Should Know:
PathAI, a provider of AI-powered pathology, and ConcertAI, an AI software-as-a-service (SaaS) technology and real-world evidence (RWE) solutions for life sciences and healthcare, today announced a strategic partnership to launch a first-in-class quantitative histopathology and curated clinical real-world data (RWD) solution.The solution combines PathAI's PathExplore™ tumor microenvironment panel with ConcertAI's Patient360™ and RWD360™
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Translational Research
Genialis Raises $13M to Build Clinical Biomarkers that Predict Patient Response
What You Should Know:
Genialis, a computational precision medicine company unraveling complex biology to find new ways to address disease, today announced it raised more than $13 million in Series A financing to transform the way diseases are diagnosed and treatment decisions are made.Taiwania Capital and Debiopharm Innovation Fund co-led the round, with participation from previous investors First Star Ventures, Redalpine Venture Partners, and Pikas. Other new investors include P5 Health
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Pangea Biomed Adds $5M for its Multi-Cancer Response Predictor
What You Should Know:
- Pangea Biomed, the biotech company behind ENLIGHT, the multi-cancer response predictor improving the effectiveness of precision oncology, announced $5M in additional funding reaching a total seed round of $12M.
- The latest fundraising is led by angel investor Danny Tocatly and existing investor NFX, and will be used to expand US operations, drive commercial partnerships, and scale product offerings.
Expanding US Operations and Fostering Commercial
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3 Steps to Powering Data Innovation with Analytics & AI
A hot topic we see and hear a lot in healthcare is leveraging big data. Little known fact, we don’t yet have big data in healthcare, so the industry hasn’t had the opportunity to use big data. Healthcare has been in the “little data” game because much of the healthcare experience has yet to be digitized. In addition, interoperability issues leave much data siloed on disparate databases across the healthcare ecosystem.
This is all changing, and this change is accelerating. We’re quickly
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Brainlab Acquires Medical Video Game Innovator Level Ex
What You Should Know:
- Brainlab, a digital medical technology company based in
Munich, Germany has acquired Level Ex, a digital health startup creating
medical video games designed to advance the clinical skills of physicians and
surgeons.
- The acquisition will accelerate product development, allow Level Ex to enter new clinical areas faster, and expand its footprint in global markets, benefitting more medical professionals across a wider-range of specialties and cases.
- Level Ex
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Analysis: Philips’ Evolution to a Pure-play Healthcare Technology Vendor
The last two-to-three years we have seen Philips complete its transformation into a pure-play healthcare technology vendor. It has reduced its interest in its remaining non-healthcare business Philips Lighting/Signify (now owning only a 16.5% share), made 16 healthcare technology acquisitions since the start of 2017 and organized its internal business units into three core healthcare technology segments, Personal Health, Diagnosis & Treatment and Connected Care. A few weeks ago, several of
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Atrium Health, Wake Forest Baptist Health and Wake Forest University Announce Mega-Merger: 5 Things to Know
Atrium Health, Wake Forest Baptist Health and Wake Forest University today announced the signing of a Memorandum of Understanding to merge that will establish a next-generation academic healthcare system. If approved, the mega-merger will enable three leading healthcare organizations to invest in the health and well-being of people throughout the region, as well as contribute ground-breaking research and innovation to the world. The organizations have agreed to start a period of exclusive
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UMass Lowell Awarded $1M Grant to Develop Secure Cyberinfrastructure for Translational Research
The National Science Foundation (NSF) has awarded a three-year grant totaling nearly $1 million to a team of UMass Lowell researchers led by Prof. Yan Luo of UMass Lowell's Department of Electrical and Computer Engineering to develop a secure cyberinfrastructure for translational research. Luo's fellow researchers on the project are Associate Prof. Yu Cao of UMass Lowell's Computer Science Department, along with colleagues Assistant Prof. Peilong Li of Elizabethtown College and Prof. Silvia
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Mount Sinai Establishes Robotics Institute to Accelerate Robotic Surgery
Mount Sinai Health System announced this week it has established the Mount Sinai Robotics Institute (MSRI) to advance patient care and augment research and training. Since the first minimally invasive robotic surgery to treat head and neck cancer at Mount Sinai in 2008 surgeons at Mount Sinai have been on the forefront of pioneering robotic surgery techniques. Groundbreaking work such as new techniques and refinements, and complication reduction programs in these areas has distinguished MSRI as
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