GNS Healthcare, Inc.
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GNS Healthcare, Inc. - overview
Established
2000
Location
Cambridge, MA, US
Primary Industry
Healthcare IT
About
GNS Healthcare, Inc. is a pioneering health analytics firm that leverages artificial intelligence and machine learning to enhance drug discovery and development processes for biopharmaceutical companies. Founded in 2000 and headquartered in Cambridge, US, GNS Healthcare, Inc. specializes in utilizing advanced analytics to improve biopharmaceutical research outcomes.
The company has undergone strategic pivots to focus on enhancing their analytical capabilities. GNS Healthcare has successfully completed 11 deals, with the most recent funding round being a Series D on January 7, 2020, raising USD 23. 00 mn led by Cigna Ventures, alongside other investors such as Alexandria Venture Investments and Amgen Ventures. The CEO of the company is Colin Hill, who has played a significant role in driving its vision forward.
GNS Healthcare develops innovative biopharmaceutical solutions through its Gemini Digital Twins platform, which harnesses supercomputing capabilities and causal AI to create in silico models of human diseases. This platform primarily addresses high unmet medical needs in oncology, neuro-degeneration, immunological, and cardiometabolic diseases, aiding biopharma companies in their R&D efforts. GNS Healthcare generates revenue through B2B partnerships with biopharma firms, providing access to the Gemini Digital Twins platform and related services via customized agreements. These include milestone payments based on project accomplishments and potential royalties from successful drug developments, emphasizing the value of its advanced computational models in streamlining drug development.
GNS Healthcare plans to leverage its recent Series D funding of USD 23. 00 mn to enhance the capabilities of its Gemini Digital Twins platform and expand into new markets, particularly in Europe and Asia, by 2023. The funding will facilitate the development of new features within the platform, aimed at improving the accuracy and efficacy of drug discovery processes. Additionally, the company is exploring new partnerships to increase its market presence and drive collaboration with more biopharma clients.
Current Investors
Alexandria Venture Investments, Mitsui & Co. USA, Celgene
Primary Industry
Healthcare IT
Sub Industries
Bioinformatics, Healthcare IT, Medical Software, Application Integration Software, Analytics & Performance Software
Website
www.gnshealthcare.com
Verticals
Artificial Intelligence, Big Data, HealthTech
Company Stage
Series D
Total Amount Raised
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