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USA News Group News Commentary
Issued on behalf of Avant Technologies Inc.
VANCOUVER, BC, Aug. 26, 2025 /PRNewswire/ -- USA News Group News Commentary – The healthcare AI buying spree has reached fever pitch as Microsoft, Google, and IQVIA dominate a market surging to $16.01 billion by 2030 with natural language processing tools growing at 25.3% annually. AI-enabled startups captured a stunning 62% of all digital health venture funding in the first half of 2025, pocketing $3.95 billion as institutional investors rush to capitalize on the shift from speculation to strategic healthcare transformation. This unprecedented momentum positions companies like Avant Technologies, Inc. (OTCQB: AVAI), Butterfly Network, Inc. (NYSE: BFLY), CareCloud, Inc. (NASDAQ: CCLD, CCLDO), Spectral AI, Inc. (NASDAQ: MDAI), and RadNet, Inc. (NASDAQ: RDNT).
MarketsandMarkets projects the global AI healthcare market will explode from $21.66 billion this year to $110.61 billion by 2030 at a blistering 38.6% compound annual growth rate, driven by healthcare organizations desperately seeking solutions to worker shortages affecting 11 million positions by decade's end. Supply-demand dynamics are creating perfect storm conditions as 4.5 billion people globally lack access to essential healthcare services while an 11 million healthcare worker shortage looms by 2030, forcing healthcare systems to embrace AI-powered solutions for survival.
Avant Technologies, Inc. (OTCQB: AVAI) and joint venture partner Ainnova Tech have substantially accelerated their FDA approval pathway for Vision AI by implementing an enhanced patient recruitment strategy targeting approximately 1,000 multiethnic patients across 8-10 U.S. clinical sites for their AI-powered diagnostic tool that can detect diabetic retinopathy in minutes without requiring an eye specialist on-site. This recruitment initiative leverages Fortrea, a globally recognized contract research organization with specialized ophthalmology expertise, to capture patient data primarily from community clinics and primary care facilities. Such an approach generates real-world evidence that regulatory agencies increasingly value while simultaneously validating commercial viability in diverse healthcare settings.
The regulatory foundation appears increasingly solid following Ainnova's mid-July pre-submission meeting with the FDA, where agency officials provided specific guidance on study design and compliance requirements. The refined clinical trial protocol addressing all FDA feedback has been submitted to Fortrea for final review, establishing a clear regulatory pathway toward FDA 510(k) clearance for domestic market entry.
"By focusing on community clinics and targeting a multiethnic group of around 1,000 diabetic patients, we aim to ensure that our study accurately represents the diverse population affected by diabetic retinopathy," explained Vinicio Vargas, CEO at Ainnova and Board member of Ai-nova Acquisition Corp. (AAC). "Working with Fortrea, an expert CRO in ophthalmology, allows us to confidently navigate this process with a partner that shares our commitment to quality and efficiency. We are getting closer to initiating a clinical study that will significantly contribute to obtaining FDA 510(k) approval and making our Vision AI platform a crucial tool in early disease detection."
Commercial traction is already demonstrable across international markets. Vargas recently presented breakthrough results from a Q4 2024 pilot collaboration with Roche and Salud 360 at Roche's "Macular Spectacular" conference in Colombia, showcasing expansion potential across the U.S., Canada, and Europe.
The technology has already gone live through Grupo Dökka's Fischel and La Bomba pharmacy chains, delivering walk-in screenings with real-time AI results while eliminating onsite ophthalmologist requirements.
This proven pharmacy deployment model is attracting significant interest from insurers and life sciences partners who recognize Vision AI's potential to transform preventive care delivery economics. The platform addresses critical healthcare access gaps while creating sustainable revenue streams for retail healthcare providers.
The market opportunity appears substantial. Diabetic retinopathy affects 9.6 million Americans within a US$3.25 billion U.S. market that analysts project will nearly double to US$6.1 billion by 2033. Avant maintains worldwide licensing rights to Ainnova's platform through AAC, positioning successful U.S. market entry as a potentially transformative commercial catalyst.
Vision AI's success could establish Ainnova as a leader in AI-powered disease detection. The company's expanding development roadmap includes cloud-connected retinal cameras for rural healthcare settings and innovative modules targeting Alzheimer's, cardiovascular conditions, and other chronic diseases through advanced retinal and blood biomarker analysis.
Avant continues evaluating a strategic acquisition of Ainnova Tech under a previously announced non-binding LOI, which could consolidate breakthrough AI healthcare technologies and proven leadership within a single public entity. Management has also indicated plans for a dedicated therapeutic-focused spinout, creating multiple potential value creation pathways within the expanding AI-driven healthcare transformation.
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Butterfly Network, Inc. (NYSE: BFLY) has joined the CAD LUS4TB research study to evaluate AI-assisted point-of-care ultrasound for tuberculosis detection in Sub-Saharan Africa, where 2.5 million people fell ill with TB in 2022. The company's handheld ultrasound technology will be deployed across 3,000 adult patients starting in September through a €10 million EU-funded initiative with 10 research institutions. Butterfly Network leads the consortium's effort to democratize diagnostic imaging access in underserved regions through its Ultrasound-on-Chip™ technology.
"Butterfly is proud to continue improving global health equity through our role in this project," said Dr. Sachita Shah, VP of Global Health of Butterfly Network. "Patients in lower-resource settings need easier access to diagnostic imaging to detect and treat deadly diseases such as TB before it claims more lives."
The company continues expanding its Global Health Program across 115 countries while developing AI algorithms for early disease detection. Butterfly Network's portable hardware platform positions the company to deploy innovative diagnostic solutions addressing critical global health challenges in underserved markets.
CareCloud, Inc. (NASDAQ: CCLD, CCLDO) completed its transformational acquisition of Medsphere Systems Corporation, extending the company's reach into inpatient EHR and revenue cycle management for small and mid-sized hospitals nationwide. The transaction brings Medsphere's 600+ clients across 50 states and 23-year legacy of enterprise solutions to CareCloud's platform, including CareVue integrated inpatient EHR and RCM Cloud revenue cycle management. CareCloud now serves over 40,000 providers with comprehensive solutions spanning the full care continuum from ambulatory to inpatient settings.
"This is one of the most transformational transactions in our history," said Stephen Snyder, Co-CEO of CareCloud. "By combining our advanced AI capabilities with Medsphere's proven technology, we will deliver an affordable, scalable solution for resource-constrained small and middle-market hospitals across the country. These facilities are often underserved by cost-prohibitive large enterprise vendors, and we see a tremendous opportunity to help them modernize operations, improve patient care, and strengthen their financial position."
The acquisition positions CareCloud to deliver affordable, scalable solutions for resource-constrained hospitals often underserved by cost-prohibitive enterprise vendors.
Spectral AI, Inc. (NASDAQ: MDAI) reported Q2 2025 financial results with research and development revenue of $5.1 million and total first-half revenue of $11.8 million, while maintaining a strong cash position of $10.5 million. The Dallas-based predictive AI company completed submission of its De Novo application to the FDA in June 2025, representing a crucial regulatory milestone for bringing the DeepView® System to market. Spectral AI focuses on medical diagnostics for faster and more accurate treatment decisions in wound care, with initial applications for patients with burns.
"We are pleased with the results of our second quarter of 2025 especially with our ability to complete our submission of our De Novo application earlier than projected to the US Food and Drug Administration," said J. Michael DiMaio, MD, Chairman of the Board at Spectral AI. "This FDA submission is a major milestone for Spectral AI and the DeepView System, representing a crucial step toward bringing this innovative diagnostic device to market in the U.S. It provides clinicians with an immediate, data-driven assessment tool designed to assist clinical decision-making and may significantly improve patient outcomes."
The company reiterated 2025 revenue guidance of approximately $21.5 million while advancing its DeepView® System toward potential FDA approval. Spectral AI's algorithm-driven diagnostic platform aims to revolutionize wound care management by providing clinicians with objective assessments of burn wound healing potential prior to treatment.
RadNet, Inc. (NASDAQ: RDNT) subsidiary DeepHealth received FDA 510(k) clearance for TechLive™, a remote scanning solution enabling centralized operation of MR, CT, PET/CT, and Ultrasound procedures across multiple locations. The vendor-agnostic platform addresses critical radiology technologist shortages while more than 300 systems are now connected, delivering a 42% decrease in MRI room closure hours during Q2 2025. RadNet operates 401 outpatient imaging centers nationally, serving as a leading provider of diagnostic imaging services.
"TechLive™ represents a paradigm shift in how we approach imaging operations," said Sham Sokka, PhD, Chief Operating and Technology Officer at DeepHealth. "By enabling real-time remote expertise, we are not only addressing today's staffing challenges, we are creating a foundation for more efficient, financially sustainable, and high-quality patient care across the broadest set of imaging modalities. This FDA clearance validates DeepHealth's vision of a connected imaging ecosystem that scales human expertise beyond physical boundaries."
The FDA clearance validates DeepHealth's vision of creating a connected imaging ecosystem that scales human expertise beyond physical boundaries. RadNet's comprehensive AI-powered health informatics platform positions the company to address ongoing workforce challenges while improving operational efficiency and patient access to advanced imaging procedures.
CONTACT:
USA NEWS GROUP
info@usanewsgroup.com
(604) 265-2873
DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. USA News Group is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). MIQ has been paid a fee for Avant Technologies Inc. advertising and digital media from the company directly. There may be 3rd parties who may have shares Avant Technologies Inc., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ own shares of Avant Technologies Inc. which were purchased in the open market. MIQ reserves the right to buy and sell, and will buy and sell shares of Avant Technologies Inc. at any time thereafter without any further notice. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material disseminated by MIQ has been approved by the above mentioned company; this is a paid advertisement, and we own shares of the mentioned company that we will sell, and we also reserve the right to buy shares of the company in the open market, or through other investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.
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Equity Insider News Commentary
Issued on behalf of Avant Technologies Inc.
VANCOUVER, BC, May 23, 2025 /PRNewswire/ -- Equity Insider News Commentary – A new report from Philips reveals a growing divide between doctors and patients when it comes to AI in healthcare. While 63% of surveyed healthcare professionals believe AI can help improve outcomes, only 48% of patients share that optimism. As researchers explore what's needed for successful AI adoption in healthcare, major players in tech and biotech are already moving ahead—recent updates have come from Avant Technologies, Inc. (OTCQB: AVAI), Renovaro Inc. (NASDAQ: RENB), Certara, Inc. (NASDAQ: CERT), CareCloud, Inc. (NASDAQ: CCLD), and Microsoft Corporation (NASDAQ: MSFT).
Analysts at MarketsandMarkets expect the AI healthcare sector to grow at a 38.6% CAGR, topping $110 billion by 2030. Accenture goes even further, estimating AI could inject another $461 billion in added value by 2035—amplifying impact across a global healthcare system already on track to surpass $2.26 trillion.
Avant Technologies, Inc. (OTCQB: AVAI), in partnership with Ainnova Tech, is positioning its Vision AI platform at the forefront of predictive healthcare. The company is in advanced discussions to acquire or exclusively license a patented early disease detection technology that could significantly enhance its diagnostic capabilities. If finalized, the deal would allow Vision AI to generate clinical insights even in the absence of a complete patient dataset—unlocking earlier intervention opportunities and supporting a more proactive model of care.
"Our purpose is to create the future of early disease detection in an accessible way, so that patients can get a preventive check-up anywhere, at a low cost, and easily," said Vinicio Vargas, CEO at Ainnova and member of the Board of Directors of the joint venture company, Ai-nova Acquisition Corp. (AAC), said of AAC's aim to continue to add to its portfolio. "We want to prevent patients with risk factors from developing other diseases that could have been avoided before they became a real problem. To this end, we are seeking to integrate new technologies into our portfolio within a single platform, both through our R&D efforts and through potential exclusive licenses or acquisitions."
The potential acquisition aligns with Avant and Ainnova's shared mission to deliver scalable, preventive health tools that merge retinal imaging, vital sign monitoring, and machine learning into one streamlined platform. Vision AI is already positioned as a next-generation diagnostic engine for chronic conditions like diabetes, cardiovascular disease, and kidney dysfunction. Now, the joint venture is pushing further—evaluating breakthrough technologies that could detect emerging health issues at a pre-symptomatic stage.
Recent platform updates saw four proprietary algorithms—trained on over 2.3 million real-world clinical cases—fully integrated into Vision AI. The addition of new IP from this proposed deal would mark a significant leap forward, enabling predictive models to extract meaningful signals from even limited patient data.
Avant and Ainnova view this initiative as part of a broader strategy to consolidate breakthrough tools that make early disease detection more scalable, mobile, and applicable across diverse healthcare settings. While a final agreement has yet to be announced, the companies have stated they will keep shareholders informed as developments progress.
In parallel, Avant has entered formal discussions to acquire Ainnova outright—building on their existing alignment under the Ai-nova Acquisition Corp. (AAC) structure. The timing is deliberate, coming just ahead of a planned FDA pre-submission meeting this July. A completed merger would unify operations, reduce internal complexity, and bolster the joint venture's regulatory readiness as it prepares for potential U.S. market entry.
"We believe bringing the two companies together will offer tremendous value for shareholders," said Vargas. "It will simplify the process of advancing our technology to market, and it will deliver value to our customers and partners as we promote our technology portfolio globally."
At the center of this initiative is Vision AI—a non-invasive screening platform that integrates retinal imaging, vital sign monitoring, and machine-learning models to flag early indicators of chronic disease. The system targets conditions such as diabetic retinopathy, cardiovascular issues, kidney and liver disorders, and type 2 diabetes. Operated under the AAC structure, the joint venture holds global rights to Vision AI, which has demonstrated over 90% sensitivity in early detection based on research cited by the NIH.
"This milestone reflects our two-tiered strategy, rapid deployment in low-regulation markets where Vision AI operates as a screening tool, and simultaneous progress toward FDA clearance for the U.S. market," said Vargas. "Entering the U.S. will unlock significant commercial potential, and early engagement with regulators ensures we do so with speed, credibility, and a validated product."
While many AI healthcare platforms remain stuck in pilot stages, Avant's Vision AI is already live across multiple Latin American markets—including Chile, Mexico, and Brazil—where it's actively being used in clinical settings. These real-world deployments are generating essential data on safety and efficacy, while also providing user feedback that guides ongoing system improvements.
To broaden its diagnostic reach, the Ai-nova joint venture recently integrated four additional algorithms into the platform. Each was trained on a dataset of more than 2.3 million clinical records, enhancing Vision AI's precision across a wider spectrum of chronic diseases. With active momentum abroad and U.S. regulatory discussions now underway, Avant's trajectory appears to be moving from early validation toward broader market penetration.
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Renovaro Inc. (NASDAQ: RENB) has officially launched Augusta, a next-generation AI-powered platform targeting precision neurology. Designed for patient stratification, biomarker discovery, and accelerated drug development, Augusta integrates multiomics, contingent AI, phenoclustering, and in silico screening into one modular system.
"The Augusta platform is about validation," said David Weinstein, CEO of Renovaro Inc. "We're setting a new bar for how AI can be responsibly and effectively deployed in clinical and experimental settings."
The platform has already demonstrated early success in Parkinson's disease and epilepsy, with expansion plans underway for additional neurological conditions.
Certara, Inc. (NASDAQ: CERT) has launched its Non-Animal Navigator™ solution to help drug developers reduce reliance on animal testing, aligning with the FDA's Roadmap to Reducing Animal Testing in Preclinical Safety Studies.
"The FDA announcement and roadmap pave the way for more model-informed drug development approaches that are predictive, efficient, and ethical," said William F. Feehery, CEO of Certara Inc. "It is part of a growing industry adoption trend to use scientifically robust new approach methodologies (NAMs) like AI-enabled biosimulation to improve strategic decision-making and success rates at every phase of drug development."
The new offering combines strategic regulatory guidance with AI-enabled biosimulation, providing an ethical and efficient pathway through early-stage drug development. With adoption already underway, Certara's platform offers a future-ready model for companies advancing biologics, including monoclonal antibodies and ADCs.
CareCloud, Inc. (NASDAQ: CCLD) has been named Maxim Group's "Top Healthcare IT Pick for 2025," with analysts citing the company's AI-first strategy, strong financial performance, and discounted valuation as key drivers.
"AI is now deeply integrated into our operations—from documentation and revenue cycle management to patient engagement and analytics," said Hadi Chaudhry, Co-CEO of CareCloud Inc. "This is not an add-on, it is a foundational capability that is changing how healthcare is delivered and experienced."
The firm recently launched its AI Center of Excellence and introduced purpose-built tools like cirrusAI Notes and cirrusAI Voice to streamline clinical workflows and improve patient engagement. CareCloud plans to scale its AI team from 50 to 500 by year-end, deepening its role as a leader in applied healthcare AI.
Microsoft Corporation (NASDAQ: MSFT) has introduced its healthcare agent orchestrator—a multi-agent AI framework designed to support complex clinical workflows, such as tumor boards, by analyzing multimodal data across imaging, genomics, and electronic health records.
"The vision of the healthcare agent orchestrator is to rapidly surface, summarize, and take action on relevant multimodal medical information for each complex cancer case, so hours of review can become minutes," said Dr. Joshua Warner, Radiologist at UW Health and Assistant Professor of Radiology, UW School of Medicine and Public Health. "Collaborating with Microsoft allows us to explore the value of these models for tumor boards and beyond."
Now available through Azure AI Foundry, the system enables clinicians and developers to coordinate specialized AI agents directly within Microsoft Teams and Office tools, streamlining hours of expert analysis into minutes. Leading institutions like Stanford, Johns Hopkins, and Providence are already piloting the technology to accelerate cancer diagnosis, clinical trial matching, and treatment planning.
CONTACT:
Equity Insider
info@equity-insider.com
(604) 265-2873
DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Equity Insider is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). MIQ has been paid a fee for Avant Technologies Inc. advertising and digital media from the company directly. There may be 3rd parties who may have shares Avant Technologies Inc., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ own shares of Avant Technologies Inc. which were purchased in the open market. MIQ reserves the right to buy and sell, and will buy and sell shares of Avant Technologies Inc. at any time thereafter without any further notice. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material disseminated by MIQ has been approved by the above mentioned company; this is a paid advertisement, and we own shares of the mentioned company that we will sell, and we also reserve the right to buy shares of the company in the open market, or through other investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.
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