AI-powered cancer detection software provider iCAD was acquired for $99M at 4.1 times revenue in April by diagnostic imaging services and digital health solutions company RadNet to enhance its DeepHealth solutions portfolio and facilitate early cancer detection.
Genoox, an AI-driven genomic data interpretation software firm, was acquired for $70M by preclinical-stage biotechnology company QIAGEN to add next-generation sequencing (NGS) data analysis capabilities to support clinical decision-making.
Sensor-based spirometer devices and AI-enabled remote patient monitoring software provider Aluna was bought by Huma to strengthen its offerings for respiratory disease management.