Powerful Medical Receives €40 Million IPCEI Grant — read the full story

Powerful Medical
1. June 2021

Powerful Medical opening branch in Israel

Over the past months, we have significantly strengthened our collaboration on numerous projects with our Israeli partners, such as Rabin Medical Center and Tel Aviv Medical Center, culminating in the incorporation of our Israeli subsidiary with an office on the 16th floor of the latter. We’re right in the center of all medical action and innovation, with access to local medical data to further improve the performance of our AI algorithms!

Israel is considered to be the “factory of unicorns” or “the Silicon Valley of the Middle East”, with startups such as WeWork, Waze, eToro and Fiverr originating from here.

Most tech giants have AI R&D labs in the region, giving us access to top talent, funding and technical resources.

Pictured are (from left to right): Roy Ramon (Chairman of the Board), Martin Herman (CEO) and Dr. Leor Perl (Chairman of the Scientific Board).

Powerful Medical

Powerful Medical leads one of the most important shifts in modern medicine by augmenting human-made clinical decisions with artificial intelligence. Our primary focus is on cardiovascular diseases, the world’s leading cause of death.
Powerful Medical leads one of the most important shifts in modern medicine by augmenting human-made clinical decisions with artificial intelligence. Our primary focus is on cardiovascular diseases, the world’s leading cause of death.
About PMcardio:

PMcardio is a CE-certified AI that reads ECGs and offers a complex assessment of 49 cardiac conditions. Clinically validated in 15+ studies and trusted by over 100,000 clinicians, it delivers rapid, expert‑level interpretations, empowering emergency physicians, GPs, nurses, paramedics, and cardiologists to act with confidence at the point of care. Available for Individuals and Organizations.

About Powerful Medical:

Established in 2017, Powerful Medical has embarked on a mission to revolutionize the diagnosis and treatment of cardiovascular diseases. We are a medical company backed by 28 world-class cardiologists and led by our expert Scientific Board with decades of experience in daily patient care, clinical research, and medical devices. The results of our research are implemented, developed, certified, and brought to market by our 50+ strong interdisciplinary team of physicians, data scientists, AI experts, software engineers, regulatory specialists, and commercial teams.

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Doctor holding Roche cobas® pulse point-of-care device displaying PMcardio AI-powered ECG interpretation for real-time heart attack detection at the patient bedside.

PMcardio Expands Heart Attack Detection to Patient Bedside through Roche cobas® pulse Point of Care Platform

Powerful Medical has partnered with Roche to integrate AI-powered ECG interpretation from PMcardio into the cobas® pulse point-of-care platform. Combined with Roche’s Elecsys® high-sensitivity cardiac Troponin T assay, this solution enables clinicians to rapidly and accurately rule in or rule out heart attacks directly at the patient’s bedside.
Powerful Medical awarded €40M IPCEI grant to expand AI diagnostics for heart attacks, heart failure, and arrhythmias

Powerful Medical Receives €40 Million Non-Dilutive Grant to Accelerate Early Diagnosis of Cardiovascular Diseases with AI

Powerful Medical announces it has been selected to receive over €40 million in non-dilutive funding from the European Commission’s IPCEI Tech4Cure initiative. This significant grant will accelerate global adoption and clinical validation of PMcardio®, the world’s first AI-powered platform enabling rapid and accurate diagnosis of heart attacks and other life-threatening cardiac conditions, dramatically expanding the company’s potential to save millions of lives worldwide.

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