Archive: Company News
Neonatal Diagnostics Company InfanDx AG Closes Oversubscribed Second Tranche of Series A
- Second tranche of approximately EUR 2 million additional funding raised in response to unsolicited investor interest
- Transaction oversubscribed by more than 50%
- Funding provides further financial runway and flexibility as Company progresses product development on schedule
InfanDx AG, a privately-held diagnostics company focusing on the development and commercialization of novel diagnostic solutions for newborns, today announced the second closing of its Series A financing round, raising approximately EUR 2 million in additional proceeds from new and existing investors. A first closing of the Series A totaling about EUR 4 million was completed in July 2021. The second tranche of this Series A was placed under the same conditions as the first tranche and oversubscribed by more than 50% based on strong investor interest.
InfanDx AG: Clinical Findings from Prospective AAMBI Study Highlight Need for Better Early Detection of Neonatal Brain Injury
— Scientific poster presented at the 13th International Newborn Brain Conference
— Data demonstrate the importance of novel and reliable diagnostic markers for the early detection of Hypoxic-Ischemic Encephalopathy (HIE) in newborns
InfanDx AG, a privately-held diagnostics company focusing on novel solutions for acute and critical care of newborns, today announced the presentation of a scientific poster on clinical findings of the prospective AAMBI study sponsored by the Company. The poster authored by Prof. Axel Franz (University of Tuebingen, Germany), Prof. Hacer Yapıcıoğlu Yıldızdaş (Cukurova University, Adana, Turkey), Prof. Peter Bartmann (University of Bonn, Germany) and further members of the AAMBI study group was featured yesterday at the 13th International Newborn Brain Conference hosted by the Newborn Brain Society, an organization focused on advancing newborn brain care through international multidisciplinary collaboration, education, and innovation.
Glooko Acquires Germany-Based xbird, a Medical AI Company
– Acquisition expands Glooko’s digital health capabilities with machine learning
Glooko, Inc., a leading provider of remote patient monitoring and digital health solutions for diabetes and other chronic conditions today announced it has acquired xbird, a Berlin-based health AI company developing JITAI (Just In Time Adaptive Intervention) technologies to support patients and their providers in predicting behavior and managing diabetes.
Using the latest AI and machine learning, xbird’s technology has the capability of identifying health risks for people with diabetes by interpreting medical and behavioral data in a targeted manner and providing customized recommendations and behavioral nudges. Sensors via smartphones and wearables record a user’s movements and analyze the data to create individualized behavioral profiles and personalized nudges to change patient behavior and lifestyle decisions. The addition of xbird expands Glooko’s advanced analytics capabilities and tools, further broadening Glooko’s platform offerings.
Neonatal Diagnostics Company InfanDx AG Establishes Scientific Advisory Board
— Team of seasoned scientific advisors to further guide InfanDx on diagnostic needs and product concepts in neonatal acute and critical care
— Inaugurating meeting focused on positioning of HypoxE® Test in HIE management, US market entry strategy, and further product pipeline
InfanDx AG (Cologne, Germany), a privately-held diagnostics company focusing on the development and commercialization of novel diagnostic solutions for acute and critical care of newborns, today announced the establishment of its newly formed international Scientific Advisory Board. This will provide InfanDx with access to unparalleled scientific and clinical expertise in neonatal diagnostics, metabolomics, and biostatistics. Read more…