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Predictmedix AI Announces Non-Brokered Private Placement
Newsfile· 2025-10-20 11:05
Core Viewpoint - Predictmedix AI Inc. is proposing a non-brokered private placement to raise up to C$900,000 by issuing up to 18,000,000 units at a price of C$0.05 per unit [1][2] Capital Raising and Use of Proceeds - The offering consists of units that include one common share and one half of a common share purchase warrant, with warrants allowing the purchase of additional shares at C$0.15 for 36 months [2] - The capital raised will enhance Predictmedix's core AI technology and support ongoing initiatives across its product ecosystem [3] Strategic Direction - The company is focused on advancing its Predictmedix Core AI Engine, which underpins multiple growth verticals, including AI-powered clinical trial applications, SmartHealth AI station certification initiatives, and B2C vital-scanning mobile platform development [3][8] Recent Corporate Activity - Following participation in the 25th MK Investment Conference in Munich, Predictmedix engaged with global investors and partners who showed strong interest in its AI-driven healthcare innovations [4][5] Company Overview - Predictmedix AI Inc. is a provider of rapid health screening and remote patient care solutions, utilizing AI technology to analyze physiological data and predict various health issues [6]
Predictmedix AI Launches Next-Generation Clinical-Trial AI Platform
Newsfile· 2025-10-01 04:01
Core Insights - Predictmedix AI Inc. has launched a Clinical-Trial AI Platform aimed at enhancing efficiency in the $70 billion clinical trials market by helping pharmaceutical sponsors and contract research organizations (CROs) model, plan, and adapt clinical trials more effectively [1][4]. Company Overview - Predictmedix AI Inc. is an emerging leader in AI-powered health and safety technology, focusing on rapid health screening and remote patient care solutions globally [9]. - The company utilizes SmartHealth AI Stations, which employ multispectral cameras to analyze physiological data patterns and predict various health issues [9]. Product Features - The Clinical-Trial AI Platform is built on patented technology and high-fidelity datasets, designed to function as a real-time digital support system for trial planning [2]. - Key features include: - Adaptive Simulation Engine for running "what-if" scenarios and updating projections based on new data [6]. - Patient-Site Optimization to improve recruitment and reduce dropouts through AI recommendations [6]. - Cost & ROI Modeling to estimate budget impacts alongside predicted clinical outcomes [6]. - Interactive Dashboards for visualizing risk, cost, and patient flow [6]. - Compliance-Integrated AI to support audit and regulatory processes [6]. Market Context - The global clinical trials market is projected to exceed $70 billion by 2027, creating a demand for tools that can reduce trial failures, improve patient recruitment, and manage costs [4]. - The platform aims to address these industry needs with scalable, real-time analytics [4]. Distinctive Capabilities - The platform features continuous intelligence, end-to-end automation, multi-trial orchestration, and cost-outcome integration for unified decision support [7]. - It draws on over 500,000 SmartHealth scans, achieving approximately 95% accuracy for vital-sign detection [8].