Geneva Med-IT start-up Agora Care raises CHF 1.8 million
Life sciences
10 August 2022
The first company to develop a patient-centered platform for medical image storage and communication, Agora Care has raised CHF 1.8 million to extend its clinical deployment in Switzerland.
Building on a decades-long track record of developing renowned open-source platforms for the management and analysis of medical images, Agora Care is determined to provide patients with the most secure and convenient digital platform for storage and management of medical images.
The Geneva-based start-up’s solution allows patients to fully control their medical images using a simple web-based platform, allowing them to share the results of imaging procedures with medical practitioners and healthcare providers anywhere in the world at any time.
The software architecture is designed to allow the transition to future Web 3.0 technologies. It helps extend any existing or future Electronic Medical Record (EMR) by linking imaging data to the rest of the patient’s record. This will provide seamless integration of all medical data through a single channel, thus facilitating access to the complete patient history for efficient management and follow-up.
“It is critical for patients to access all their radiological examinations. This is because the lack of access to previously performed examinations is a major source of erroneous medical decisions and unjustified costs – not to mention the unnecessary radiation that patients are exposed to due to repeated exams”, said Prof. Osman Ratib, CEO of Agora Care.
Supported by FONGIT, Agora Care launched three projects in the Health Valley to test its digital platform earlier this year. The newly completed seed financing round will enable the start-up to implement the solution in more centers in Switzerland.
As the need for big data and large reference databases grows to support precision medicine, personalized treatments and clinical trials, Agora Care is working hard to accelerate its development. The market is expected to reach USD 73.8 billion by 2025.
