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Troy Bankhead, director of European operations, Techcyte, winners of Healthcare Startup of the Year 2018.Photo: Maison Moderne archives.  

A press release issued after the awards ceremony explained, “Techcyte is a deep learning software platform that uses image analysis to assist lab techs and pathologists. The technology is revolutionary because it helps labs become profitable and return quicker, more accurate results to patients.”

Director of Techcyte's European Operations Troy Bankhead said, “We are very grateful for this award as it solidifies our ambition to make a meaningful impact, not only in Luxembourg and Europe, but on healthcare in general. With artificial intelligence behind so many pioneering advances, we’re confident in the future of our technology.”

Techcyte Europe set up in Luxembourg in April 2017. Its parent company, Techcyte, Inc. was founded in 2013 as a tech transfer from the University of Utah with a mission to lower healthcare costs through artificial intelligence.

To learn more of Techcyte’s activities in Luxembourg, please read Delano’s recent interview with Troy Bankhead here.