First-of-its-kind AI-based Diagnostics Solutions Approved in Europe

European regulators have approved two AI-based first-of-their-kind diagnostics solutions by a French-American company Owkin -- RlapsRisk BC and MSIntuit CRC. The company aim to help millions of breast and colorectal cancer patients receive personalised treatment sooner. By using AI on readily-available digital pathology slides, these two diagnostic solutions aim to democratise access to precision medicine by offering a rapid, cost-effective and efficient toolset for personalising treatment.

Owkin was founded in 2016 by Thomas Clozel MD, a former assistant professor in clinical onco-haematology, and Gilles Wainrib, a pioneer in the field of machine learning in biology. Since then, Owkin has raised over $300 million and became a unicorn through a $180 million investment from Sanofi in November 2021. 

Owkin aims to develop more biomarker pre-screening and outcome prediction diagnostics across a range of disease areas.The company established its mission in connecting patient care with medical research to discover new mechanisms of diseases and developing better-tailored treatments for unmet medical needs.

According to Meriem Sefta, Chief Diagnostics Officer at Owkin, the mission of the company is apply AI to find the right treatment for every patient. "Novel drugs allow us to personalise treatments to patients’ individual disease characteristics, promising a new era of precision medicine. But one roadblock that doctors face is finding these patients rapidly, accurately and efficiently.” says Meriem.