September 16, 2020
Israeli "digital X-ray" company Nanox is fielding increased scrutiny and a sizable hit to its share prices following the publication of a scathing report and commentary that referred to the company as "Theranos 2.0."
The criticism was posted yesterday by activist short seller Andrew Left's Citron Research, an online stock analysis and commentary blog that has focused on identifying overpriced or...
September 11, 2020
British startup iAbra has launched a screening device which can deliver COVID-19 test results in 20 seconds.
After a successful three-week trial at London’s Heathrow Airport, CEO John Holland-Kaye urged the UK government to fast-track the Virolens system, which he says is quicker and cheaper than the currently used polymerase chain reaction (PCR) tests.
The technology, which is about to undergo...
August 3, 2020
Israeli "digital X-ray" startup Nanox filed a Form F-1 with the SEC on Friday that outlines plans to raise $125 million in an IPO.
The company has applied to list its shares on the Nasdaq exchange as "NNOX," and according to a representative has entered its quiet period prior to the IPO.
Nanox, which has raised $110 million from investors since November 2019, is building a two-part offering...
July 28, 2020
Israeli "digital X-ray" startup Nanox has secured another $59 million from unnamed "global investors."
The company now pegs its round total at $110 million, after combining today's news with investments announced since November of 2019. Contributors to those incremental raises included Foxconn, Fujifilm and SK Telecom.
WHAT IT DOES
The Israeli company is developing a two-pronged offering...
February 7, 2020
The first artificial intelligence-enabled cardiac ultrasound software has received De Novo marketing authorization, the FDA announced today. Developed by Caption Health, the Caption Guidance tool guides medical professionals through a heart disease diagnostic test that normally requires an ultrasound expert.
“Echocardiograms are one of the most widely-used diagnostic tools in the diagnosis and...
January 23, 2020
Nanox, the maker of a so-called “digital X-ray device” and an accompanying software platform, has raised $26 million in a new round of funding, bringing its total to roughly $55 million. The company highlighted the participation of its newest strategic investor Foxconn, as well as the support of previous backers such as Fujifilm and SK Telecom.
WHAT THEY DO
The Israeli company is developing a two...
June 17, 2019
The past week has seen two FDA clearances awarded to Israeli companies building artificial intelligence analysis tools for medical imaging.
The first, announced last Tuesday, was Aidoc’s tool for triaging cervical spine fractures. Much like the company’s prior offerings, the new product analyzes images to prioritize high-risk cases for review by a radiologist, and does so within the specialist’s...
June 11, 2019
Mount Sinai’s Icahn School of Medicine has revealed plans for a new center for research, development and implementation of artificial intelligence for healthcare.
Called the Hamilton and Amabel James Center for Artificial Intelligence and Human Health, the Manhattan site is scheduled to open its doors sometime in the later part of 2021. The school is looking to have roughly 40 principal...
March 27, 2018
Royal Philips and Innovative Imaging Technologies (ITT) have announced a new “tele-ultrasound” product that would allow clinicians to conduct two-way audio-video calls while streaming live ultrasound imaging.
The technology, according to a release, is built on Philip’s Lumify — an FDA-cleared, smartphone-connected ultrasound system — and ITT’s multi-disciplinary healthcare collaboration platform...