Just before American Society of Clinical Oncology (ASCO) next week, Tempus AI have announced the have filed for an #IPO with the SEC this week! 🩸Tempus, who were founded back in 2015 are 'looking' to raise $100 million in public offering. 📖 If you dont know the story surrounding Tempus, then it is well worth a read. Founded, by Eric Lefkofsky (who is also the Groupon founder) after his wife was diagnosed with #breastcancer, he had the mission to deliver personalized patient care to patients through collection of molecular, clinical and genomic data by utilizing AI. 🚀Milestones so far include; - Funding of over $1 billion to date. - Investors include Google, Novo Holdings & Franklin Templeton! - Over 450 unique data collections across 2000 healthcare institutions. - Over 95% of pharmaceutical companies use Tempus offerings. - Over 7000 physicians use their tech which equates to more than 65% of academic medical centers in the US. - Over 2300 employees! - Valuation of over $8 billion! 💭Personally, I have never recruited for Tempus AI but, having spent the past 6 years learning more about their journey, it is hard not to root for them during this next phase. 🍿The market competitors will be watching closely no doubt... #cancer
Adam Hargreaves’ Post
More Relevant Posts
-
Weekly Tech+Bio Highlights #5, from our Sunday newsletter: • Roche gains FDA 501(k) clearance for its Digital Pathology Dx system, featuring the VENTANA DP 200 slide scanner and workflow software for digital pathology. • Yonalink completes its largest EHR-to-EDC data transfer pilot, achieving 93% data streaming accuracy across 21 medical centers in the US and Israel. • Enveda Biosciences secures $55M in Series B2 funding, raising its total capital to $230M, with investors including Premji Invest, Microsoft, and Kinnevik. • Iambic Therapeutics' AI platform NeuralPLexer, showcased in Nature Machine Intelligence, surpasses AlphaFold2 in predicting protein-ligand complex structures. They raise $50M for their HER2-positive cancer program. • Insilico Medicine completes Phase IIa patient enrollment in China for INS018_055 for idiopathic pulmonary fibrosis, with results expected late Q4 2024 and a Phase IIb study planned for 2025. • Athos Therapeutics Inc selects Vultr's private cloud and NVIDIA HGX H100 GPUs to enhance its AI drug discovery, integrating multi-omics data from over 25,000 patients. • FDA imposes partial hold on BioNTech/MedLink's antibody-drug conjugate trial after three patient deaths, affecting new enrollments in the Phase I trial for BNT326/YL202. • Google Research and Google DeepMind introduce Tx-LLM, an AI tool for drug discovery and therapeutic development, fine-tuned from Med-PaLM 2, outperforming state-of-the-art models in multiple tasks. • Basecamp Research and Ferruz Laboratory launch ZymCTRL, the first open-source, text-based AI tool for enzyme design. • GNQ Insilico uses its AI-driven platform to create digital twins of human patients and simulate the effects of an infertility drug. For a more in-depth look at these developments and more, check out our full newsletter, link in the comment section.
To view or add a comment, sign in
-
-
𝗧𝗲𝗺𝗽𝘂𝘀 𝗔𝗜 𝗙𝗶𝗹𝗲𝘀 𝗳𝗼𝗿 𝗜𝗣𝗢, 𝗔𝗶𝗺𝘀 𝘁𝗼 𝗥𝗮𝗶𝘀𝗲 𝗢𝘃𝗲𝗿 $𝟲𝟬𝟬 𝗠𝗶𝗹𝗹𝗶𝗼𝗻 AI-powered precision medicine leader Tempus AI filed with the SEC this week for an initial public offering (IPO). While the official filing lists a $100 million target, industry analysts predict the actual raise could be closer to $600 million. Founded in 2015 by Eric Lefkofsky (also the founder of Groupon), Tempus AI is on a mission to revolutionize patient care through personalized medicine. This drive was sparked by Lefkofsky's wife's battle with breast cancer. Here's why Tempus AI is a company to watch: 𝗦𝘁𝗿𝗼𝗻𝗴 𝗙𝘂𝗻𝗱𝗶𝗻𝗴 & 𝗕𝗮𝗰𝗸𝗶𝗻𝗴: Tempus has secured over $1 billion in funding, with investors like Google, Novo Holdings, and Franklin Templeton Venture Capital. 𝗘𝘅𝘁𝗲𝗻𝘀𝗶𝘃𝗲 𝗡𝗲𝘁𝘄𝗼𝗿𝗸 & 𝗠𝗮𝗿𝗸𝗲𝘁 𝗥𝗲𝗮𝗰𝗵: Their platform boasts over 450 data connections across 2,000 healthcare institutions, with over 95% of pharmaceutical companies and 7,000 physicians utilizing their technology. 𝗜𝗺𝗽𝗿𝗲𝘀𝘀𝗶𝘃𝗲 𝗚𝗿𝗼𝘄𝘁𝗵: Tempus has grown to over 2,300 employees and boasts a valuation exceeding $8 billion. As a recruiter who's closely following Tempus' journey, I'm excited to see where they're going. Their market competitors are sure to be watching this IPO closely.
Precision medicine company Tempus AI aims to raise $400M in IPO
fiercehealthcare.com
To view or add a comment, sign in
-
We've developed an AI system to streamline patient recruitment for phase 1 oncology clinical trials. By using NLP techniques (not LLM), we can more accurately match patients with suitable trials, accelerating drug development. Read the full paper here: https://lnkd.in/ek2SKySi I am grateful to Dr. Kun Lu for his constant support and all my co-authors. #AI #MachineLearning #Healthcare #ClinicalTrials #PrecisionMedicine #CancerResearch
Harnessing explainable artificial intelligence for patient-to-clinical-trial matching: A proof-of-concept pilot study using phase I oncology trials
journals.plos.org
To view or add a comment, sign in
-
📣 Mint Medical and Flywheel.io are teaming up to expedite research and clinical trial workflows with an enhanced oncology imaging solution. 📣 We are proud to announce our collaboration with Flywheel, the leading medical imaging data management and #ArtificialIntelligence development platform! This partnership combines Flywheel's medical imaging platform with our core product, #mintLesion™ - an intuitive software for standardized and computer-aided radiological and clinical data analysis. Matthias Baumhauer, CEO of Mint Medical, comments on this collaboration: “The curation of data-rich mint Lesion™ image evaluations into Flywheel’s platform will accelerate the discovery of new frontiers in diagnosis, treatment and contribute to improved patient outcomes.” What exactly is this partnership achieving? Together, we are offering seamless integration for academic medical centers, cancer research institutes, oncology consortiums, and pharmaceutical companies, enhancing data management and analysis across multiple sites and trials. By unifying our platforms, we streamline #OncologyResearch, enabling efficient data access, curation, analysis, annotation, and model development. Overall, this collaboration accelerates tumor detection, enhances research, and improves treatment planning. Flywheel's secure infrastructure and automated workflows combined with #mintLesion™'s standardized radiological reporting capabilities provide unparalleled efficiency and innovation in oncology imaging. If you want to read more about this collaboration, read the press release here: https://bit.ly/3S1kbyj #ClinicalTrials #AI #CancerResearch
To view or add a comment, sign in
-
-
Did you know that 35 of the 44 oncology drug approvals in 2023 relied on imaging data as a primary endpoint? Imaging is crucial in clinical research, making effective data management essential. Join us on September 13th for a webinar with Andrea Falkoff and Jillian W. on streamlining clinical trial imaging workflows. Our speakers will discuss implementing robust imaging workflows, addressing challenges with technology and AI. They’ll also introduce Medidata’s Rave Imaging suite to enhance imaging management in clinical trials. Sign up to the link below! 🔗https://lnkd.in/epH7nw_5 #ClinicalTrials #ImagingWorkflows #Webinar #HealthcareInnovation #Xtalks #Medidata #Imaging #Oncology #Diagnostics #Medtech #Diagnosticimaging #AI #ClinicalResearch #MedicalImaging
Streamlining Clinical Trial Imaging Workflows: From Collection to Completion
xtalks.com
To view or add a comment, sign in
-
The Transformative Power of AI in Healthcare and Drug Development Artificial Intelligence (AI) is revolutionizing healthcare and the development of new medicines, offering unprecedented opportunities to enhance patient care, streamline operations, and accelerate research. AI's ability to analyze vast amounts of data quickly and accurately is transforming how we diagnose diseases, personalize treatments, and discover new drugs. In healthcare, AI algorithms can analyze medical images, identify patterns, and detect anomalies with remarkable precision. For instance, AI-powered diagnostic tools have shown to be as effective as human radiologists in detecting conditions like pneumonia, breast cancer, and diabetic retinopathy from medical imaging data (Topol, 2019). Moreover, AI-driven predictive analytics can identify patients at high risk for conditions such as heart disease and diabetes, enabling early interventions and better outcomes (Beam & Kohane, 2018). The development of new medicines is also benefiting immensely from AI. Traditional drug discovery processes are time-consuming and expensive, often taking over a decade and billions of dollars to bring a new drug to market. AI is changing this by predicting how different compounds will behave and identifying promising drug candidates faster and more cost-effectively. A notable example is the use of AI by researchers to discover novel antibiotics and potential treatments for diseases such as COVID-19 (Stokes et al., 2020; Zhavoronkov et al., 2020). Furthermore, AI is aiding in the design of clinical trials, optimizing patient recruitment, and monitoring trial outcomes in real-time. This not only speeds up the research process but also ensures that new treatments reach patients more quickly and safely (Wang et al., 2019). The integration of AI into healthcare and pharmaceutical research heralds a new era of precision medicine, where treatments can be tailored to individual patients based on their genetic makeup, lifestyle, and environment. As we continue to harness the power of AI, the potential to improve health outcomes and bring innovative therapies to market faster is limitless. References: - Beam, A. L., & Kohane, I. S. (2018). Big data and machine learning in health care. JAMA, 319(13), 1317-1318. doi:10.1001/jama.2017.18391 - Stokes, J. M., et al. (2020). A deep learning approach to antibiotic discovery. Cell, 180(4), 688-702. doi:10.1016/j.cell.2020.01.021 - Topol, E. J. (2019). High-performance medicine: the convergence of human and artificial intelligence. Nature Medicine, 25(1), 44-56. doi:10.1038/s41591-018-0300-7 - Wang, L., et al. (2019). Clinical trials design in the era of artificial intelligence. Cancer Biol Med, 16(2), 187-202. doi:10.20892/j.issn.2095-3941.2018.0438 - Zhavoronkov, A., et al. (2020). Potential COVID-2019 3C-like protease inhibitors designed using generative deep learning approaches. ChemRxiv. doi:10.26434/chemrxiv.12050153.v1
To view or add a comment, sign in
-
-
Deciphex is proud to announce the launch of Diagnexia Analytix, a comprehensive pathology service offering that integrates advanced analytics and AI-powered workflows with expert-led diagnostics to accelerate translational & clinical research. Diagnexia Analytix addresses the growing complexity and demand for pathology in drug development, offering a fully integrated service designed to support research pathology workflows. From complex biomarker analysis & companion diagnostics to case reporting, Diagnexia Analytix ensures reliable, actionable insights and reporting within a fraction of the traditional turnaround times Our expert team of pathologists was selected and onboarded to support sub-speciality research across multiple drug modalities and therapeutic areas. Find out more here: https://lnkd.in/eg6X6riE
Deciphex Launches Diagnexia Analytix: AI-Driven Pathology Services for Translational Research and Development
deciphex.com
To view or add a comment, sign in
-
We’re delighted to officially launch our new Diagnexia Analytix services! Diagnexia Analytix, a brand of Deciphex, combines advanced analytics, AI-powered workflows, and expert-led diagnostics to accelerate translational and clinical research. Our expert team of pathologists supports sub-specialty research across multiple drug modalities and therapeutic areas, delivering actionable insights in a fraction of the traditional turnaround times. Interested in finding out more and staying up to date on everything Diagnexia Analytix? Follow our Diagnexia Analytix LinkedIn page and visit www.diagnexia.com/analytix to learn more!
Deciphex is proud to announce the launch of Diagnexia Analytix, a comprehensive pathology service offering that integrates advanced analytics and AI-powered workflows with expert-led diagnostics to accelerate translational & clinical research. Diagnexia Analytix addresses the growing complexity and demand for pathology in drug development, offering a fully integrated service designed to support research pathology workflows. From complex biomarker analysis & companion diagnostics to case reporting, Diagnexia Analytix ensures reliable, actionable insights and reporting within a fraction of the traditional turnaround times Our expert team of pathologists was selected and onboarded to support sub-speciality research across multiple drug modalities and therapeutic areas. Find out more here: https://lnkd.in/eg6X6riE
Deciphex Launches Diagnexia Analytix: AI-Driven Pathology Services for Translational Research and Development
deciphex.com
To view or add a comment, sign in
-
Hot off the Press! Diagnexia Analytix is revolutionizing digital pathology with its advanced AI-powered platform. This cutting-edge solution provides seamless access to Diagnexia’s extensive global network of highly skilled, academic-level sub-specialty pathologists. Designed to support translational and clinical research, it offers unparalleled expertise for CROs, pharmaceutical companies, and biotech innovators.
Deciphex is proud to announce the launch of Diagnexia Analytix, a comprehensive pathology service offering that integrates advanced analytics and AI-powered workflows with expert-led diagnostics to accelerate translational & clinical research. Diagnexia Analytix addresses the growing complexity and demand for pathology in drug development, offering a fully integrated service designed to support research pathology workflows. From complex biomarker analysis & companion diagnostics to case reporting, Diagnexia Analytix ensures reliable, actionable insights and reporting within a fraction of the traditional turnaround times Our expert team of pathologists was selected and onboarded to support sub-speciality research across multiple drug modalities and therapeutic areas. Find out more here: https://lnkd.in/eg6X6riE
Deciphex Launches Diagnexia Analytix: AI-Driven Pathology Services for Translational Research and Development
deciphex.com
To view or add a comment, sign in
-
Absci's AI-Driven Medtech Innovations: Exciting Plans for 2025!! Absci is gearing up for an exciting 2025 with plans to start human trials for its new AI-designed drug, ABS-101, aimed at treating inflammatory bowel disease (IBD). The company expects to share early data on this drug in the second half of next year and is also working on two other promising drugs. Key Points: 1. ABS-101: This new drug, targeting IBD, is in the final testing stages. Human trials are set to begin in 2025. 2. AI Technology: ABS-101 was chosen for its effectiveness and safety using advanced computer models and lab tests. 3. Other Drugs: ABS-201: A drug being developed for a skin condition with high needs. ABS-301: A potential new cancer treatment discovered through innovative AI methods. 4. Collaborations: Absci plans to partner with other biopharma companies and expects to sign several new deals this year. Stay ahead with the latest insights and breakthroughs in AI-driven healthcare. Subscribe now for free to read our upcoming newsletter- https://lnkd.in/dcV92bbZ #hearthealth #aihealthcare #healthcare #ainews #aiinmedicine #heartdisease #aibreakthroughs #aiinnovation #aidevelopments #cancercare #cancer #diabetes #breastcancer #drugdiscovery #biotechnology #biopharma
AIHealthTech Insider: AI-Enhanced Imaging & ECG for Heart Health
aihealthtech-insider.beehiiv.com
To view or add a comment, sign in