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Home » Topics » Diagnostics » Artificial intelligence

Artificial intelligence
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Rapidai NCCT Stroke solution

Rapidai reels in $75M in series C funds to expand AI clinical support platform

July 31, 2023
By Meg Bryant
Rapidai Inc. landed $75 million in a series C financing led by Vista Credit Partners. The funds will be used to fuel development of additional indications and expand market reach of its artificial intelligence (AI)-powered clinical decisionmaking and workflow support technology. With this latest round, the San Mateo, Calif.-based company has raised approximately $100 million, according to Crunchbase.
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Hyfe AI-driven remote patient monitoring program (RPM)

Hyfe touts AI-driven RPM program for monitoring chronic cough

July 27, 2023
By David Godkin
Deep learning algorithms are used to remotely monitor and track just about everything these days and now that includes ordinary and chronic cough. Hyfe Inc. has launched an AI-driven remote patient monitoring (RPM) program designed to monitor cough for a whole range of serious ailments at virtual hospitals, remote care and telehealth programs across the U.S.
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Gen 1 device

Know Labs’ machine learning model ups accuracy of noninvasive glucose monitor

July 26, 2023
By Meg Bryant
Medical device company Know Labs Inc. reported results from a new study showing that continued algorithm refinement combined with more high-quality data significantly increased the accuracy of its Body-Radio Frequency Identification, or Bio-RFID, sensor technology to measure and detect changes in blood glucose levels.
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Mediwhale utilizes AI and retinal scans to develop precise non-invasive test for CKD risk

July 24, 2023
By Bernard Banga
Mediwhale Inc. and Yonsei University College of Medicine, Seoul, Republic of Korea, are developing a new predicting tool combining artificial intelligence (AI) and non-invasive retinal eye examination capable of accurately predicting chronic kidney diseases before symptoms appears.
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Prostate cancer cells

Study concludes AI-powered biomarker successfully predicts ADT benefits in fighting prostate cancer

July 20, 2023
By David Godkin
ArteraAI Inc. released data from a study it said validates the first-ever artificial intelligence (AI)-derived biomarker predicting the benefit of androgen deprivation therapy (ADT) for stripping prostate cancer of the testosterone it requires to grow.
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Neko Body Scan cubicle

Neko Health secures $65M for AI-driven full body scan technology

July 20, 2023
By Bernard Banga
Neko Health AB reported it has secured $67 million in investment capital to develop its artificial intelligence (AI)-driven full body scanner beyond its home country, Sweden. This series A round was led by Berlin-based Lakestar Advisors GmbH, with participation from Atomico (UK) Partners LLP from London and General Catalyst Group Management LLC from Cambridge, Mass. “Our new concept in body digitization technology, capable of rapidly collecting large amounts of health data, will enable us to identify illness at an early stage and take preventive action,” Hjalmar Nilsonne, CEO and co-founder of Neko Health told BioWorld.
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Concept art for prenatal genetic testing and whole genome sequencing.

Sonio raises $14M to deploy prenatal screening solution in the US

July 13, 2023
By Shani Alexander
Sonio SAS closed its series A fundraising round raising $14 million that will go some way in helping the company deliver on its mission to improve access to quality pregnancy monitoring for women everywhere through its software-as-a-service (SaaS) platform. Sonio has developed an artificial intelligence (AI) prenatal screening solution that automates ultrasound reporting while providing image quality control and detection of potential anomalies. The capital raise was led by Cross-Border Impact Ventures, a North American impact fund dedicated to the health of women and children.
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Artificial intelligence and digital health icons

JAMA authors see problems with failures to acknowledge the use of AI in medical devices

July 10, 2023
By Mark McCarty
Device makers are often cited in U.S. FDA warning letters for making claims not seen in the approved labeling, but the authors of a recent review of artificial intelligence (AI) products cleared by the FDA suggest that FDA documents and marketing materials should disclose the presence of AI in these products. The authors of an article in the Journal of the American Medical Association said that only about 80.6% of the products were represented with accurate statements about the presence of AI, although FDA regulation does not require that marketing materials make such disclosures.
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Software screenshot of chest CT imaging analysis

Thirona secures $2.73M in funding from EIC for AI-based lung platform

July 7, 2023
By Bernard Banga
Thirona BV has been awarded $2.73 million in funding from the European Innovation Council (EIC) to fast-track the development of its artificial intelligence (AI)-based lung platform to analyze chest CT imaging. In competition with 554 other submissions, Thirona was one of 51 innovative technology companies awarded the EIC accelerator program grant, the total budget for which is €261 million (US$286.28 million) in 2023.
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Conformis and Restor3d agree to merge

June 28, 2023
By Meg Bryant
Conformis Inc. has inked a definitive agreement to be acquired by Restor3d Inc., in a move that could potentially create a formidable presence in the personalized orthopedics space. Under the agreement, Restor3d will acquire all outstanding shares of Conformis common stock (NYSE:CFMS) at $2.27 per share in cash. The purchase price represents a roughly 96% premium to Conformis’ closing price on June 22, 2023.
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