Atropro Health Secures $33 Million

<p><strong>PALO ALTO<&sol;strong> &&num;8212&semi; <b>Atropos Health<&sol;b>&comma; apioneer in translating real-world clinical data into high-quality personalized real-world evidence for care&comma; has landed a &dollar;33 million Series B on the heels of the adoption of its Generative AI platform &lpar;GENEVA OS&rpar; by healthcare institutions&comma; data platforms&comma; research institutions&comma; life sciences companies and more&period; The funding was led by Valtruis&comma; with participation from new strategic investors including Cencora Ventures&comma; McKesson Ventures&comma; and Merck Global Health Innovation Fund&comma; along with existing investors Breyer Capital&comma; Emerson Collective&comma; and Presidio Ventures&period;<&sol;p>&NewLine;<p>Atropos Health was founded in 2019 by Brigham Hyde Ph&period;D&period;&comma; Nigam Shah MBBS&comma; Ph&period;D&period;&comma; and Saurabh Gombar M&period;D&period;&comma; Ph&period;D&period;&comma; originally developed as the &OpenCurlyDoubleQuote;<a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;youtube&period;com&percnt;2Fwatch&percnt;3Fv&percnt;3Dw9Jm04ZxPLw&amp&semi;esheet&equals;54014501&amp&semi;newsitemid&equals;20240523484154&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;Green&plus;Button&amp&semi;index&equals;1&amp&semi;md5&equals;73ef82a65119102ec4e4016f77ac9c42" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect">Green Button<&sol;a>” project at Stanford University&period; The trio are leaders in applications of AI and real-world evidence research in healthcare&comma; and on a mission to democratize access to high-quality real-world evidence &lpar;RWE&rpar; as a means to improve decision making and outcomes in healthcare&period; Since then&comma; the company has emerged as a leader in the application of generative AI thanks to unique vertical user experiences like ChatRWD™ which reduces the time to produce high-quality publication-grade real-world evidence from months to minutes through a chat-based AI co-pilot&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;As excitement over the application of Generative AI technology in healthcare turns from potential to practical applications&comma; the focus of providers&comma; life sciences&comma; and other healthcare stakeholders turns to quality&comma; transparency&comma; and automation backed by tangible ROI&period; For decades&comma; high-quality clinical evidence has served as the currency of value in healthcare&period; Atropos Health is built on investment in scaling the production of high-quality&comma; transparent&comma; and now real-time evidence production that matches the standards of the clinical and research communities&comma;” said Brigham Hyde&comma; CEO and Co-Founder of Atropos Health&period; &OpenCurlyDoubleQuote;This funding round&comma; which includes multiple major strategic stakeholders in the healthcare ecosystem&comma; is validation that our platform is rapidly becoming the standard not only for automation and user experience&comma; but also as the trusted quality layer between healthcare data and the critical evidence needed to better inform patient care&comma; research&comma; and policy&period;”<&sol;p>&NewLine;<p><b>Investing in Real-World Evidence for Value-Based Care Decision-Making<&sol;b><&sol;p>&NewLine;<p>With this funding&comma; Atropos Health plans to further its stake in value-based care&period; The company’s portfolio of evidence-generating applications supports whole-person care and value-based performance and has long been utilized by Atropos Health partners including Arcadia&period; Through Atropos Health&comma; healthcare organizations are able to accelerate appropriate clinical decision-making to drive high-value&comma; low-cost care for patients based on their unique physiology&period; To drive this mission further&comma; Atropos Health is welcoming value-based care veteran Mike Spadafore to its board&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;For nearly 15 years&comma; I’ve had a front-row seat to value-based care&&num;8217&semi;s evolution and positive impact on patients&comma; physicians&comma; and communities&period; I am excited about Atropos Health and its ability to automate personalized&comma; real-world evidence at scale for both providers and researchers&comma;” said Spadafore&comma; Managing Director of Valtruis&period; &OpenCurlyDoubleQuote;Atropos Health has the potential to dramatically improve existing workflows across both life sciences and health systems&comma; in turn improving clinician decision-making and driving better outcomes for patients&period; We are thrilled to partner with Atropos in this journey&period;”<&sol;p>&NewLine;<p><b>Expanding the Atropos Evidence™ Network Including Vertical Integrations with Oncology and Specialty areas<&sol;b><&sol;p>&NewLine;<p>As a part of this round&comma; Atropos Health will enter into strategic relationships with partners from life sciences and vertically integrated healthcare players&period; Through Cencora&comma; a leading global pharmaceutical solutions organization&comma; Atropos Health will bring its real-world evidence platform to oncology and specialty care&period; Evidence for care is critical in the rapidly evolving treatment landscape for oncology&comma; where the stakes are high for cancer patients&period; Now&comma; oncologists and researchers can leverage the Atropos Evidence Network of millions of anonymized patient data converted to high-quality evidence to inform their decision-making process&period; In turn&comma; pharmaceutical customers of Atropos Health&comma; such as <a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;atroposhealth&period;com&percnt;2Fblog&percnt;2Fatropos-health-announces-agreement-to-accelerate-real-world-evidence-generation-nbsp&amp&semi;esheet&equals;54014501&amp&semi;newsitemid&equals;20240523484154&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;Janssen&plus;Research&plus;&percnt;26amp&percnt;3B&plus;Development&percnt;2C&plus;LLC&plus;&percnt;28Janssen&percnt;29&percnt;2C&plus;a&plus;Johnson&plus;&percnt;26amp&percnt;3B&plus;Johnson&plus;company&amp&semi;index&equals;2&amp&semi;md5&equals;b2d0d4c978b763e33c2c08b364788813" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect">Janssen Research &amp&semi; Development&comma; LLC &lpar;Janssen&rpar;&comma; a Johnson &amp&semi; Johnson company<&sol;a>&comma; can leverage this evidence network to drive critical R&amp&semi;D initiatives and accelerate the time of the development of the next treatment&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Atropos Health addresses a very real problem that both health systems and pharmaceutical manufacturers face in turning medical data into insights in a timely&comma; predictable&comma; and cost-effective manner&period;” said Michelle Snyder&comma; Partner at McKesson Ventures&period; &OpenCurlyDoubleQuote;As leading industry players increasingly recognize the value of having the right data&comma; rather than just having the most data&comma; Atropos Health stands out in its ability to understand and score datasets in a compliant and secure manner in order to accelerate research and improve patient outcomes&period;”<&sol;p>&NewLine;

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