Adavium Medical has made a lot of moves fast to thrust itself into the position of the largest medical equipment and diagnostics company in Brazil. It just acquired two of the largest Brazilian clinical diagnostics companies, raised a $21 million Series C round to finance these and other anticipated deals, hired an ex-GE Healthcare exec as COO and president of diagnostics and changed its name from Advance Medical.
Turkey may be Europe's sixth largest pharmaceutical industry, but it's looking to ascend the ranks with a boost from GE Healthcare. The company is launching a collaborative research scheme to support Turkey's bioprocessing development and manufacturing.
Late last year, GE Healthcare announced that it would be taking its imaging data and analysis to the cloud. It's now revealed one of the first software applications that will be available via the GE Health Cloud: an automated, biomarker-based quantitative lung imaging analysis from Minneapolis startup Imbio.
GE Healthcare launched its hand-held ultrasound, Vscan Access, last May at a World Health Organization meeting in Switzerland. Now, the technology is in the process of becoming more widely available and incorporated into routine pregnancy care.
GE Healthcare is rolling out digital pathology software that could help doctors diagnose cancer more quickly. The move comes a few months after GE launched cloud-based radiology apps to give healthcare providers more options for analysis and data storage.
GE has been switching things up lately, but one thing that the company wants to keep the same is its life sciences business. GE said that it will hold on to the $4 billion unit even as it shifts its focus from healthcare devices to heavy industry manufacturing.
GE Healthcare will offer cloud-based body composition measurements on its MRI scanner under a co-marketing agreement with Sweden's Advanced MR Analytics AB unveiled at the European Congress of Radiology in Vienna.
A scant few months ago GE Healthcare disclosed a partnership with deep learning medical imaging startup Arterys, just as the San Francisco-based company nabbed a $7 million Series A investment. Now, GE is preparing to launch the resulting cardiac MR analysis system ViosWorks that offers a deep learning analysis of 7-dimensional cardiac imaging data.
A lot of money and energy is being invested in improving upon and supplementing the analysis conducted by radiologists of medical images. The expectation is that computers will offer a more precise and consistent inspection than practiced human eyes that will be applied to ever more sophisticated, timely and complex medical images.
GE Healthcare, which has been on an expansion binge, intends to double its manufacturing capacity for medical imaging contrast media at its plant in Carrigtwohill, Cork, Ireland, with a $40 million expansion.