DataMeds AI Stock Rises Following Website Launch, Acquisition

By EC Assets · Published

DataMeds AI stock experienced a surge following a new website launch. This development comes after the company completed an acquisition. The stock is listed under the ticker MEDS on NASDAQ. DataMeds AI Inc. recently completed a $1.5 million acquisition of Helomics. This transaction expands DataMeds into cancer diagnostics. The acquisition adds a certified oncology laboratory, contract research services, and $1.5 million in cash to DataMeds. Axe Compute concurrently exited its remaining cancer testing business. In a separate development, DataMeds AI expanded its license with DataVault AI. This license focuses on data-driven outcome healthcare-focused blockchain and data monetization. Healthcare data constitutes over 30% of global data assets and grows by 36% annually. DVLT and MEDS have patented technology platforms designed to value, score, and monetize healthcare data. This article is intended for informational purposes only. It does not constitute investment advice.

Stay informed

Market commentary, firm news and research from EC Assets - direct to your inbox.