SAN FRANCISCO and ABU DHABI, Dec. 02, 2019 (GLOBE NEWSWIRE) -- SAN FRANCISCO and ABU DHABI, December 2, 2019 – Enlitic, Inc., a leading developer of artificial intelligence (AI) software designed to help doctors diagnose patient conditions more quickly and more accurately, and NMC Health plc (LSE:NMC), the London Stock Exchange listed healthcare company with services in 19 countries across the Middle East, Europe, Africa, South America, and the U.S., have signed a multi-faceted partnership that sets the stage for improved patient care across the Gulf Cooperation Council (GCC) region. As part of the agreement, Enlitic will develop, train, and validate its deep learning models to the GCC population while NMC will assist in securing regulatory approvals and the distribution of Enlitic’s AI products in the region. NMC will also leverage Enlitic’s best-in-class software technology to streamline radiology workflows, increase the speed and accuracy of patient diagnoses, and improve in-vitro fertilization (IVF) outcomes in the thousands of cycles the company conducts annually as one of the world’s largest IVF providers.
Recently weak MBS data is coming off cyclical lows. Reflecting this, a lot of corporate activity going on in diagnostic services. Potential further acquisitions or a target itself.