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Lithuania: Sectra strengthens position as provider of advanced, regulatory-approved AI solutions for diagnostic imaging with acquisition of Oxipit

Diagnostics Nick Herbert -
Sweden-based international medical imaging IT and cybersecurity company Sectra has completed the acquisition of Lithuania-based Oxipit, a pioneer in autonomous AI for radiology and the developer of the first solution with CE Class IIB certification for autonomous chest X-ray analysis. The deal strengthens Sectra’s position as a provider of advanced,...

Denmark: Adcendo completes US$75m Series C financing round

News Nick Herbert -
Adcendo, a Denmark-based biotech company focused on the development of first-and best-in-class antibody-drug conjugates (ADCs) for the treatment of cancers with high unmet medical need, has closed an oversubscribed US$75m Series C financing round led by Jeito Capital, with participation from additional new investors Vida Ventures, BPI France, and EIFO (Export and Investment Fund of Denmark), as well as all existing investors, including TCGX, RA Capital Management, TPG, Orbimed, Venrock, Surveyor, Logos Capital, Novo Holdings, Pontifax Venture Capital, Dawn Biopharma, a platform controlled by KKR, HealthCap, Gilde Healthcare and...