Merck VC arms backs UCLA digital pathology spinoff in $15.2M funding round

PictorLabs, a digital pathology spinoff from Los Angeles-based UCLA, has launched with $18.8 million in funding.

Advertisement

The company aims to accelerate clinical research via a virtual staining platform that uses artificial intelligence and deep learning algorithms. The latest $15.2 million funding round was led by M Ventures, the venture capital arm of pharma giant Merck, as well as SCC Soft Computer and Koc Holding.

“By virtually staining tissue images in the digital realm, our approach simplifies and accelerates workflows, speeding up drug discovery and diagnostic decision-making with the goal of ultimately improving patient outcomes,” said Yair Rivenson, PhD, CEO and chief technology officer of PictorLabs, in a Dec. 1 company news release. “With the support of our experienced investors, we’re now well placed to systematically expand our platform.”

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

Advertisement

Next Up in Innovation

Advertisement

Comments are closed.