Founded in 2014, the data-driven software developer uses digital images rather than microscopes to advance precision medicine and pathology in the oncology field. The company said the funding will help scale its commercial operations, grow its distribution partnerships and expand its sales, marketing and support teams.
“Pathology is a multibillion dollar market transitioning to digital,” said Steve Holloway, executive director at market intelligence company Signify Research, in a June 14 Proscia news release. “Adoption has moved beyond the largest life sciences organizations and medical centers as the benefits have become increasingly clear, much like we saw when the digitization of radiology crossed an inflection point.”
The investment round included Highline Capital Management, Triangle Peak Partners and Alpha Intelligence Capital and brought Proscia’s total funding to $72 million. The firm said its users include 10 of the top 20 pharma companies, as well as the federal Joint Pathology Center.
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
