
Toronto-based Altis Labs has raised $25 million to expand use of its AI device IPRO for generating survival predictions in oncology clinical trials.
IPRO is designed to generate survival predictions from routinely acquired CT scans to help drug developers detect treatment effects earlier than conventional imaging endpoints, the firm said. The new financing with be used to scale commercial deployment with biopharmaceutical partners, Altis noted.
The round was co-led by OrbiMed and Qiming Venture Partners USA, with participation from Innovation Endeavors, Benchstrength, Fusion Fund, and the Cancer Breakthrough Fund, among others.




















