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Medscape Nets $17.3 Million Through Private Investors
The new year is already proving profitable for Medscape (formerly Medicalogic/Medscape), which has begun referring to itself as a provider of digital health record technologies (versus EMRs) and online health information. The company has signed a
The new year is already proving profitable for Medscape (formerly Medicalogic/Medscape), which has begun referring to itself as a provider of digital health record technologies (versus EMRs) and online health information. The company has signed a definitive agreement with a group of investors for a $17.3 million capital investment. The financing involves issuing 5.7 million shares of preferred stock at $3 per share, with warrants to purchase 4.4 million shares of common stock at $0.01 per share. The deal coincides with the appointment of Donald Bloodworth as Medscape's chief financial officer.
In related news, Medscape has signed its first digital health agreement, with Glaxo Wellcome. The educational initiative will create asthma-specific sites and disease management tools on medscape.com and cbshealthwatch.com, two Web sites produced by Medscape.
MRI-Based AI Radiomics Model Offers 'Robust' Prediction of Perineural Invasion in Prostate Cancer
July 26th 2024A model that combines MRI-based deep learning radiomics and clinical factors demonstrated an 84.8 percent ROC AUC and a 92.6 percent precision-recall AUC for predicting perineural invasion in prostate cancer cases.
Breast MRI Study Examines Common Factors with False Negatives and False Positives
July 24th 2024The absence of ipsilateral breast hypervascularity is three times more likely to be associated with false-negative findings on breast MRI and non-mass enhancement lesions have a 4.5-fold likelihood of being linked to false-positive results, according to new research.
Can Polyenergetic Reconstruction Help Resolve Streak Artifacts in Photon Counting CT?
July 22nd 2024New research looking at photon-counting computed tomography (PCCT) demonstrated significantly reduced variation and tracheal air density attenuation with polyenergetic reconstruction in contrast to monoenergetic reconstruction on chest CT.
