financetom
Business
financetom
/
Business
/
Predictmedix AI Announces Multi-Vertical Growth Strategy to Become an AI Health-Technology Player
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Predictmedix AI Announces Multi-Vertical Growth Strategy to Become an AI Health-Technology Player
Sep 24, 2025 5:50 AM

08:15 AM EDT, 09/24/2025 (MT Newswires) -- Predictmedix AI ( PMEDF ) said Wednesday it is developing an adaptive-AI engine to simulate, and predict outcomes across multi-site clinical trials. The SaaS-based platform is intended to provide trial simulation, cross-trial learning, cost/outcome modeling, and full regulatory traceability.

According to a statement, the global clinical trials market is projected to reach $123.5 billion by 2030, growing at a compound annual growth rate of nearly 6.5 % from 2024 to 2030.

The company is also planning to undertake global commercialization of its Smart AI stations. The stations' contactless, screening systems have demonstrated 95% accuracy in detecting impairment, and infectious disease for example, supported by independent, multi-center clinical validation. Predictmedix is assessing regulatory requirements in multiple jurisdictions, including Southeast Asia, and plans to initiate formal medical-device certification processes as a next step toward global deployment.

A planned mobile application will also use Predictmedix's imaging technology to deliver vital-sign monitoring through a smartphone, extending its reach into the digital-health and telehealth markets.

"Our validated SmartHealth technology provides the data, AI engine, and market credibility to scale across enterprise, clinical-research, and consumer segments," said Dr. Rahul Kushwah, chief operating officer. "This multi-vertical approach is designed to diversify revenue and support sustainable long-term growth for our shareholders."

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Delek Logistics Partners Prices Offering of Common Units
Delek Logistics Partners Prices Offering of Common Units
Mar 8, 2024
04:48 AM EST, 03/08/2024 (MT Newswires) -- Delek Logistics Partners ( DKL ) said late Thursday it priced an underwritten public offering of about 3.1 million common units representing limited partner interests in the company at $38.50 per unit. The midstream energy partnership, in which Delek US Holdings ( DK ) is the general partner, has granted the underwriters a...
DS Smith shares cheer Mondi's $6.5 billion bid to create European packaging leader
DS Smith shares cheer Mondi's $6.5 billion bid to create European packaging leader
Mar 8, 2024
(Reuters) - Shares in DS Smith ( DITHF ) rose more than 7% on Friday, a day after bigger rival Mondi ( MNODF ) made a 5.14 billion pound ($6.58 billion) all-share offer to buy the British paper and packaging group. The deal, which will create a packaging giant worth more than 11 billion pounds, valued DS Smith ( DITHF...
BP claws back $2.3 million from former CEO Looney's 2023 pay
BP claws back $2.3 million from former CEO Looney's 2023 pay
Mar 8, 2024
LONDON (Reuters) -BP clawed back 1.8 million pounds ($2.3 million) from former CEO Bernard Looney's 2023 pay package following his dismissal on Dec. 13 for failing to disclose past relationships with employees, the company said in its annual report. Looney's remuneration reached 1.175 million pounds last year, but after cancelling previous bonuses and share awards totalling 3 million pounds, his...
China's Xpeng's drone car AeroHT Voyager X2 completes low-altitude flight in Guangzhou city
China's Xpeng's drone car AeroHT Voyager X2 completes low-altitude flight in Guangzhou city
Mar 8, 2024
BEIJING, March 8 (Reuters) - Chinese EV maker Xpeng's ( XPEV ) affiliate, XPENG AEROHT, said on Friday its flying drone car AeroHT Voyager X2 completed a low-altitude flight in the central business district of the southern city of Guangzhou, the company said in a statement. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved