Endoscopy Vision begins with London acquisition

Global MedTech company Olympus’ plans to establish a series of Digital Excellence Centres (DECs) were founded following the recent acquisition of London-based Odin Vision, a cloud-AI endoscopy company focused on computer-aided detection/diagnostic solutions and cloud-enabled applications. Combining this capability with its own core endoscopy portfolio will enable Olympus to provide clinical and medical professionals with an AI powered platform for analysis of data collected in real-time, with aims to reduce administrative and cognitive burdens.

"As a leader in endoscopy and innovator in the space, Olympus is passionate about delivering the next generation of intelligent integrated solutions and insights to healthcare providers," said Shawn LaRocco, Global VP Customer Solutions, responsible for the digital health business at Olympus. "However, we cannot do it alone and are continuously looking to partner with other pioneers like Odin Vision who share this passion."

To enable this commercial strategy, the company plan is to develop and establish DECs for the development of digital solutions around the world, with DECs planned for current Olympus R&D sites in Hamburg, Boston and Tokyo, with the possibility of expanding to Silicon Valley and Tel Aviv at a later stage.

Peter Mountney, Ph.D, CEO of Odin Vision commented, "We are excited to set the stage for future innovation development by leading Olympus' plans for the first DECs, all in the pursuit of empowering clinicians to deliver the best possible care and outcomes to patients using the latest digital and AI tools."

"As Olympus looks to expand development capabilities in digital solutions, establishing DECs around the globe will allow us to access critical talent and to develop partnerships with start-ups and other companies who, like Odin Vision, are pushing the envelope of creative innovation," said Karsten Klose, Global Head of Digital at Olympus.

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