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Definiens
Provider of image analysis technology for digital pathology
About Definiens
Definiens AG, established in 1996 by the Nobel laureate Dr. Gerd Binnig, emerged from his research in cognitive science and pattern recognition. Dr. Binnig, a physicist who received the Nobel Prize in 1986 for co-inventing the scanning tunneling microscope, sought to apply principles of human cognition to data analysis, leading to the creation of the Definiens Cognition Network Technology®. This foundational technology mimics human cognitive processes to analyze and interpret images, a capability that positioned the company in the field of quantitative digital pathology. The firm is headquartered in Munich, Germany, and has a United States base in Parsippany, New Jersey.
The company's core business revolves around its Tissue Phenomics® approach, which provides detailed spatial and morphological readouts from tumor tissue biopsies. This service is primarily aimed at biotechnology and pharmaceutical companies, supporting the discovery and development of companion diagnostics and immuno-oncology biomarkers. By quantifying the expression and spatial organization of biomarkers within the tumor microenvironment, Definiens helps its clients understand drug mechanisms and patient responses, thereby accelerating clinical trials and research. Its technology can extract extensive data from a single tissue slide, offering deeper biological insights compared to traditional pathology methods. The business model is service-oriented, providing project-based support for biomarker and companion diagnostic strategies.
A significant milestone in the company's history was its acquisition by AstraZeneca in 2014 for an initial amount of $150 million, with the potential for additional predetermined milestone payments. This acquisition integrated Definiens' image analysis and data mining capabilities into AstraZeneca's drug development pipeline, particularly within its global Medicines Discovery & Development division, MedImmune. The acquisition underscored the value of Definiens' technology in advancing personalized medicine by helping to identify patients who would most benefit from specific treatments. Following the acquisition, Definiens continued to operate its services for a broad range of clients across the pharmaceutical industry.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 1994
- Headquarters
- Munich, Germany
- Employees
- 16
- Open positions
- None listed
- Dealroom signal
- 39.2/100
- Industry
- Enterprise Software
- Sector
- Other B2B Software, Analytics, Biotechnology, Pathology, Hard Tech, Horizon Europe, DT and LS
- Technology
- Big Data, Deep Tech
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Nov 2014 | $150M | $150M | MedImmune | — |
| EARLY VC✓Equity / VC | Jun 2014 | $17M | $66M | Wellington Partners | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Definiens is 790 monthly website visits, down 34.2% over the last three months. Definiens's team declined 38.5% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A2 investors entered at this stage
Gilde Healthcare
Wellington Partners
Other known investors3 additional known investors
MedImmune
Techno Venture Management
Cipio Partners
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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