Shanghai-based ClinBrain, a leading clinical data repository (CDR) and medical big data services provider, has reportedly secured RMB 200 million (USD 27.5 million) in a Series C financing round. The round was led by Legend Capital, with participation from the Shanghai Prosperity Fund. The company plans to use the funds to accelerate the integration of big data and artificial intelligence (AI) in the healthcare industry, enhance underlying technology development, and drive digital and intelligent upgrades.
ClinBrain’s Technology and Services
ClinBrain has developed a robust platform that leverages a vast rule bank and knowledge bank to automatically identify data structures from over 500 business manufacturers across various versions. The company employs more than 3,900 embedded data cleaning and quality rules to ensure high-quality data processing and utilizes tens of millions of medical concept terminology relationships and advanced natural language processing (NLP) capabilities to structure unstructured data. This has enabled ClinBrain to establish a comprehensive “Data brain” for hospitals, encompassing clinical data centers (CDR), operational data centers (ODR), and research data centers (RDR).
Innovation and Applications
Building on its “Data brain,” ClinBrain has developed a “Technology brain” that includes a suite of technical components such as data search, intelligent mining, and knowledge transformation. These components support a range of data and intelligent applications, including a clinical big data search engine, specialized disease and cohort studies, hospital operation management, and DRG & DIP (Diagnosis-Related Groups and Disease-based Payment) systems. The integration of these technologies marks a significant step forward in the digital and intelligent transformation of the healthcare industry.
Conclusion
ClinBrain’s successful Series C financing round underscores its commitment to advancing the use of big data and AI in healthcare. With the support of leading investors, the company is well-positioned to drive innovation and deliver impactful solutions that enhance the efficiency and quality of healthcare services.-Fineline Info & Tech
