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BioWorld - Tuesday, December 23, 2025
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Business pipeline illustration

Trillium lab gets C$1M to close gap between high performing algorithms and patient outcomes

Nov. 3, 2021
By David Godkin
TORONTO – Trillium Health Partners has received a C$1 million (US$810,000) grant from TD Bank Group to help accelerate the use of artificial intelligence (AI) at a newly developed health care lab. The AI Deployment and Evaluation (AIDE) lab will determine if machine learning models developed by industry and academia work well outside the data sets upon which they were trained.
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Doctor using Moleculight DX on foot wound

Moleculight partners with Joerns Healthcare to distribute new wound imaging device

Oct. 29, 2021
By David Godkin
TORONTO – Imaging company Moleculight Inc. has launched a new point-of-care, wound imaging platform intended for multiple U.S. health care settings and has also inked a deal with a U.S. distributor to ensure it gets there.
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Hands holding puzzle pieces with digital globe overlay

FDA teams up with authorities in UK, Canada on GMLPs

Oct. 29, 2021
By Mark McCarty
The world of artificial intelligence (AI) regulation is still in its infancy, but a number of agencies are nonetheless keen on harmonization for at least some of this policymaking task. The FDA announced recently that it has joined with Health Canada and the U.K. Medicines and Healthcare Products Regulatory Agency to develop a series of 10 guiding principles for good machine learning practices (GMLP), thus answering one of the key questions facing developers of these algorithms.
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Pathway Medical app on multiple tablet, smartphone screens

Investors spend C$1.6M to expand AI-driven medical decision-making platform

Oct. 22, 2021
By David Godkin
TORONTO – Pathway Medical Inc. has raised C$1.6 million (US$1.3 million) in an oversubscribed funding round to expand its evidence-based clinical decision support platform and deliver an enterprise version of its point-of-care technology. The current mobile app uses natural language processing and machine learning to give doctors evidence-based answers to questions on patient diagnosis and treatment.
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Canadian flag

Health Quality Ontario recommends coverage for Glaukos Istent

Oct. 14, 2021
By Mark McCarty
Glaukos Corp., of San Clemente, Calif., has taken another step forward in obtaining global market access for its Istent device for glaucoma with a positive coverage recommendation in Canada. Health Quality Ontario (HQO) has recommended that taxpayer dollars be used to cover the device in conjunction with cataract surgery, although the endorsement is limited to patients with mild to moderate glaucoma that is not well controlled with pressure-lowering medications.
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Radialis PET system photo

Radialis submits premarket notification for its organ-targeted PET camera

Oct. 8, 2021
By David Godkin
TORONTO – Radialis Medical Inc. has submitted FDA premarket notification for a positron emission tomography system (PET) that targets specific organs for low dose imaging and may be flexible enough to assess many different diseases. The Radialis PET camera is under clinical investigation at Toronto’s University Health Network and Princess Margaret Cancer Center for its ability to assess anomalies in breast cancer.
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Diagram of product development steps

Orthopedic SMEs to benefit from Numalogics, Sawbones partnership agreement

Oct. 6, 2021
By David Godkin
TORONTO – Numalogics Inc. has entered a partnership deal with Sawbones Inc. to develop computational modeling and simulation software for small and medium sized orthopedic manufacturers. Adding Montreal-based Numalogics’ computational simulation software to Seattle-based Sawbones’ biomechanical test line is intended to help customers optimize their orthopedic device designs more quickly and efficiently. The software is expected to be market ready in 2022.
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Smart Drain device image

Ordinary drywall screw could be key to treating collapsed lung

Oct. 1, 2021
By David Godkin
TORONTO – Smart Biomedical Inc. has developed a tool it said will vastly improve the chances of recovery for patients suffering from a collapsed lung.
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Photo of Phoenix smartwatch

Companies combine software apps to boost early prediction of sepsis

Sep. 28, 2021
By David Godkin
TORONTO – Health Gauge Inc. (HG) and AI-on-Call Inc. will soon deploy a digital remote patient monitoring solution for early prediction of sepsis at three seniors' facilities located in British Columbia. HG’s smartwatch and AI-driven cloud platform capture an array of vital signs data, including blood pressure, heart and respiratory rates, and will be supported by AI-on-Call software that alerts medical staff to early signs of sepsis and acute illness.
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Zilia Ocular image

Zilia secures C$4M in seed funding for entry to ocular diagnostics market

Sep. 23, 2021
By David Godkin
TORONTO – Zilia Inc. has raised C$4 million (US$3.16 million) in seed financing to push new ocular diagnostic technology to regulatory finish lines in the U.S., Canada and eventually Europe. Zilia co-founder and CEO Patrick Sauvageau said the Zilia Ocular is alone in measuring oxygen saturation in the eye, an important biomarker for eye diseases such as glaucoma, diabetic retinopathy and age-related macular degeneration.
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