Aiforia Technologies Plc Inside information 29 June 2023 at 10:30 a.m. EEST
The Veneto Region Health Authority in Italy has selected Aiforia Technologies Plc as a partner for AI-assisted diagnostics in its clinical pathology laboratories. The collaboration involves the use of Aiforia software in a total of 12 hospital units for the analysis of tissue samples from breast and prostate cancer patients. The three-year contract covers the analysis of up to 200,000 samples using Aiforia software and the use of an AI model development tool. The total value of the contract is over EUR 1.2 million and the payments will spread over the contract period 2023–2026. The contract also includes an option for a three-year continuation period.
The contract is part of an initiative to digitize the pathology laboratories of the Veneto region hospitals, including, for example, a laboratory information system provided by TESI Group and AI solutions for image analysis by Aiforia. The main provider in this tender is a GPI S.p.A. lead consortium, and Aiforia is one of their subcontractors.
"We are excited to serve the Veneto region with our AI solutions as part of the digitalization process of the anatomical pathology laboratories. This collaboration strengthens our position in the European clinical pathology market and contributes to the recognition that our solutions meet the needs of clinical pathology laboratories," says Jukka Tapaninen, CEO of Aiforia.
This product development project aims to promote the scaling of the business and accelerate growth by expanding features of existing software solutions and creating entirely new ones. The project includes developing deep learning-based artificial intelligence models and software solutions for clinical pathology and pre-clinical research.
Aiforia equips pathologists and scientists in preclinical and clinical labs with powerful deep-learning artificial intelligence software for translating images into discoveries, decisions, and diagnoses. The cloud-based Aiforia products and services aim to escalate the efficiency and precision of medical image analysis beyond current capabilities across various fields, from oncology to neuroscience and more. Find out more: www.aiforia.com