Investing
Virtual pediatric care company Clarity Pediatrics garners $14.5 million to expand into obesity care.
The company will use the funds to accelerate commercialization of its brain-signal AI technology and expand its cognitive health applications.
Also, University of Queensland research has found ultrasound to be a safe approach to possibly treat symptoms of Alzheimer's disease in a world's first in-human trial.
The federal grants will support CranioSense’s development and validation of its non-invasive intracranial pressure monitoring device.
Genentech will leverage Medra's Physical AI, Scientific AI and robotics into its lab systems to accelerate drug discovery.
Investors are funneling capital into early-stage automation and clinical support tools that use AI to counter workforce shortages, according to the report.
The company will use the funds to advance product innovation, strengthen clinical partnerships and accelerate its nationwide growth.
Alongside the acquisition, the two companies entered a multi-year partnership to cross-integrate their platforms, aiming to expand access to clinical trials.
Angle Health raises $134 million, and Trial Library secures $10 million.
The Korean AI company also plans expansion into Vietnam and Hong Kong.