Medical Devices DECODED
Previous edition: 08 May 2024
Share article
Get the full version straight to your inbox.
Exclusive access to our best-in-class data & intelligence
Subscribe now
Samsung to acquire foetal ultrasound AI software company Sonio
Sonio has developed IT solutions and AI assistant features for obstetrics and gynaecology ultrasound.
Samsung Medison, an affiliate of Samsung Electronics and a global medical equipment company, has entered an agreement for the acquisition of France-based foetal ultrasound AI software company Sonio.
The deal is valued at about $92.4m, reported Reuters.
The acquisition is expected to strengthen Samsung's position in the medical device sector by integrating AI into its ultrasound systems.
Established in 2020, Sonio has developed IT solutions and AI assistant features for obstetrics and gynaecology ultrasound, aiding medical professionals in evaluating and documenting ultrasound exams.
The company’s FDA 510(k) cleared AI assistant, Sonio Detect, utilises deep learning networks to enhance image quality in real-time and improve clinical accuracy, thus elevating the quality of care.
Samsung Medison CEO Yong Kwan Kim said: “Through the acquisition of Sonio, Samsung Medison will continue to deliver upon our promise to improve the quality of people’s lives with technology.
“Collaboration with Sonio will bring together best-in-class ultrasound AI technology and reporting capabilities to bring a paradigm shift in the prenatal ultrasound exam.”
The transaction is subject to necessary regulatory approvals, including that of the French Ministry of the Economy and Finance.
The combination of Samsung Medison’s ultrasound systems and Sonio’s AI expertise is expected to bring about breakthrough AI-enhanced workflows and innovation in patient outcomes.
Sonio will continue to operate as an independent company based in France and ensure its products and services will comply with all ultrasound device manufacturers.
Sonio CEO Cécile Brosset said: “Samsung Medison’s established global ultrasound business combined with Sonio’s advanced AI creates an exciting growth opportunity for both sides.
“In addition to close collaboration with Samsung Medison, as an independent company, Sonio will continue to advance medical reporting technology and diagnostic software globally, including for underserved areas in healthcare.”
Latest news
MHRA report finds wellbeing apps welcomed but users wary of AI chatbots
A joint report between the UK’s MHRA and NICE ahead of possible future regulation in the space has found users are comfortable with the apps but only in a limited capacity.
FDA approves CereVasc's eShunt system study for hydrocephalus
The eShunt System includes an endovascularly implantable cerebral spinal fluid shunt and associated delivery components.
Averto Medical secures $30.5m to advance ColoSeal system
The proceeds will help in advancing the clinical testing of the ColoSeal system towards regulatory approvals.
FDA issues 510(k) clearance for US Medical Innovations' ablation system
The plasma jet targets the soft tissue surgical margin following the removal of a solid tumour.
Psilocybin effective in treating depression
A new study has further supported psilocybin's potential to treat depression, which impacts around 300 million people globally.
AngioDynamics touts positive data from AlphaVac trial
The venous thromboembolism market, which includes PE, will generate $11.8bn in global sales by 2032, according to GlobalData analysis.
Opmed.ai raises $15m to advance AI-optimisation system
The AI in medical market is expected to grow from $336m in 2022 to $1.2bn by 2027, according to GlobalData.
In our previous edition
Medical Devices Decoded
Medtronic's renal denervation system receives approval in China
07 May 2024
Medical Devices Decoded
Angle signs AstraZeneca deal to develop prostate cancer assay
06 May 2024
Medical Devices Decoded
Karius secures $100m in Series C funding round
03 May 2024
Newsletters in other sectors
Aerospace, Defence & Security
Automotive
Foodservice
Medical Devices
Travel and Tourism
Search companies, themes, reports, as well as actionable data & insights spanning 22 global industries
Access more premium companies when you subscribe to Explorer