Median Technologies announces an agreement with the European Investment Bank (EIB) for a new loan facility of up to €37.5 million and signed an equity line for up to €10 million with IRIS Capital Investment (IRIS). The funds will be used to support eyonis™ Lung Cancer Screening (LCS) Software as a Medical Device (SaMD) FDA regulatory approval and CE mark, as well as to complete ongoing active commercialization partnership discussions with leading U.S. providers of AI diagnostics in the United States.
Company Information
Company
Median Technologies
Location
Provence-Alpes-Côte d'Azur, France
About
Median Technologies is a company that develops eyonis™, a suite of AI-based medical device software for early cancer diagnosis. They are a major global provider of medical image analysis and oncology imaging services for the pharmaceutical industry. The company focuses on enhancing diagnostic accuracy and efficiency in early lung cancer detection. They are committed to facilitating improved screening programs worldwide to save lives.