Savana, a machine learning-based service that turns scientific notes into structured affected person data for physicians and pharmacists, has raised $15 million to take its expertise from Spain to the U.S., the corporate stated.
The funding was led by Cathay Innovation with participation from the Spanish funding agency Seaya Ventures, which led the corporate’s earlier spherical, and new traders like MACSF, a French insurance coverage supplier for docs.
The corporate has already processed 400 million digital medical data in English, Spanish, German, and French.
Based in Madrid in 2014, the corporate is relocating to New York and is already working with the world’s largest pharmaceutical corporations and over 100 healthcare services.
“Our mission is to foretell the prevalence of illness on the affected person degree. This focuses our sources on discovering new methods of offering medical information nearly in actual time — which is extra pressing than ever within the context of the pandemic,” stated Savana chief govt Jorge Tello. “Healthcare challenges are more and more world, and we all know that the applying of AI throughout well being knowledge at scale is important to speed up well being science.”
Firm co-founder and chief medical officer, Dr. Ignacio Hernandez Medrano, additionally emphasised that whereas the corporate is amassing a whole lot of tens of millions of digital data, it’s doing its greatest to maintain that data personal.
“One in every of our fundamental worth propositions is that the knowledge stays managed by the hospital, with privateness assured by the de-identification of affected person knowledge earlier than we course of it,” he stated.
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