According to Lie Yunwang.com, Lead Medical, a medical technology company, announced it had got tens of millions of dollars in Series A financing from undisclosed investors.
In September 2019, Yaoli changed its name to Lead Medical and announced that it would expand the market in the medical data storage and application based on the existing business. This financing will be used for the development of basic intelligent technologies.
Founded in 2015, Lead Medical started with medical data to solve the problem of data integration and complex procedures in medical work. It created a medical dictionary library of medical knowledge and clinical solutions from home and aboard. The data granularity is based on practical work. Lead Medical has successfully developed a system to meet the demand for integration of complete, standardized, and structured data in clinical work and enables all data to be collected at the same time. The system can improve work efficiency by up to 90% for medical staff.
Lead Medical uses big data, artificial intelligence, and machine learning technology to process medical data. Its proprietary technology, Willow, can provide smart services such as intelligent processing and analysis of text information and clinical data by a series of domestic and foreign medical standards.
After four years of development, Lead Medical has formed a business loop in the aspects of data source acquisition, data platform construction, software application, product development, and customer attraction. At present, its data service has been applied in cardiology, obstetrics and gynecology departments.
In the future, Lead Medical will continue to seek more application of medical data, and fundamentally solve the problem of complex workflow and inefficient application of isolated data.