Laser and thermal imaging developer Advanced Research Technologies continues to add to its funding war chest. The Saint-Laurent, Canada-based firm has received a commitment from Canadian mutual funds company BioCapital Biotechnology and Healthcare Fund to invest $2 million (U.S.) in a private placement offering. The deal is scheduled to close on or about June 29, subject to all applicable regulatory approvals, according to ART. ART plans to use the proceeds as part of its working capital.
By AuntMinnie.com staff writers
June 22, 2001
Related Reading
ART secures $7.5 million investment, June 13, 2001
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![A normal mammogram confirmed by three-year radiologic follow-up illustrates reader-marked regions of interest (ROIs) during (A) unaided (round 1) and (B) artificial intelligence (AI)–assisted (round 2) reading. Each colored dot represents an ROI for recall by a human reader. Readers could mark more than one ROI per case, represented by multiple dots of the same color. During AI-assisted reading, the AI system displayed three visible prompts: two with suspicion of malignancy scores of 35% (left mediolateral oblique [L MLO] and craniocaudal [L CC]) and one with a suspicion of malignancy score of 10% (right craniocaudal [R CC]), shown as polygonal overlays. Without AI, six of 10 readers (60%) marked a false-positive ROI. With AI assistance, this fell to two of 10 (20%). R MLO = right mediolateral oblique.](https://img.auntminnie.com/mindful/smg/workspaces/default/uploads/2026/07/2026-07-14-radiology-mammogram-ai-auto-bias.H0bYO8QlWs.jpg?auto=format%2Ccompress&fit=crop&h=112&q=70&w=112)




