Owkin raises $25 million as it constructs a secure network for healthcare analysis and research study

Owkin raises $25 million as it constructs a secure network for healthcare analysis and research study

Envision a design of collaborative research and development among health centers, pharmaceutical companies, universities and other research organizations where no one shared any real data. That’s the dream of the brand-new New York-based start-up Owkin, which has raised $25 million in fresh financing from investors, including Bpifrance Big Endeavor, Cathay Development and MACSF (the French Pension […] In its quest to get more companies and organizations to open up and share information– with the guarantee that the details can’t be extracted or used in a way that isn’t permitted by the owners of the data– Owkin is replicating work that other business are pursuing in fields ranging from healthcare to financial services and beyond. Owkin makes money by allowing remote access to the
data information for pharmaceutical companies business licensing certifying models developed by universities to those companies. The COVID-19 epidemic has stressed the need for closer cooperation among various corporations and research institutions, and that has also increased need for the company’s technology.(COAI), and is utilizing its platform to advance collective research and accelerate scientific advancement of reliable treatments for patients contaminated with the coronavirus, the company stated.