GERMANY – Brainlab, a Munich, Germany-based digital medical technology company, acquired Level Ex, a Chicago-based company that creates medical video games designed to advance the clinical skills of physicians and surgeons.
The amount of the deal was not disclosed. The Level Ex expertise and product portfolio align with the broader Brainlab strategy to drive value creation across the healthcare data economy. Brainlab is already integrating Level Ex technology across vertical and horizontal products with the Brainlab 3D Viewer software and a virtual sales tool for the company’s ExacTrac X-Ray patient position and monitoring system. The Level Ex team brings experience to the Brainlab group with backgrounds in large platform companies, digital health and the video game industry. The 105-person company became a wholly owned subsidiary of Brainlab at the end of May and will continue to independently operate from its downtown Chicago office retaining its name, management team, and medical and surgical gaming product lines. Founded in 2015 by Sam Glassenberg, CEO, Level Ex an innovative gaming company. With a user base of more than 600,000 medical professionals including half of the medical students in the US, Level Ex keeps healthcare providers current in their specialties through presenting the ongoing challenges of practicing medicine as highly rated mobile games featuring continuing medical education (CME). The company is also helping NASA build a framework for future astronaut medical training through a prestigious grant from the Translational Research Institute for Space Health (TRISH). With support from Brainlab, Level Ex plans to further expand its team to support demand from global markets and its growing partners that already include 6 of the top 10 pharmaceutical companies, as well as global medical device companies, and medical societies. It is also set to release new games in the areas of dermatology, orthopedics and oncology over the next year, alongside its popular games in general and interventional cardiology and airway management. Led by Stefan Vilsmeier, President and CEO, Brainlab is a digital medical technology company that creates software-driven medical solutions that digitize, automate and optimize clinical workflows for neurosurgery, spine, trauma, craniomaxillofacial (CMF), general and vascular surgery as well as radiotherapy and radiosurgery. Core products center around surgical navigation, radiotherapy, digital operating room integration, and information and knowledge exchange. The Brainlab open framework operating system will allow third parties to develop medical applications to further advance the field of spatial computing and mixed reality. Founded in 1989 and headquartered in Munich, the company employs more than 1,400 people in 18 offices around the globe serving physicians, medical professionals and their patients in over 5,500 hospitals in 116 countries. creates mobile, AR and VR games for physicians. The company uses video game technology and cognitive neuroscience to capture the challenges of practicing medicine—revolutionizing the way physicians and surgeons advance their clinical skills, earn CME, and keep up-to-speed on rare cases, new medical devices, and drug therapies. The company’s medical video games, played by over 600,000 healthcare professionals and leveraged by top 20 pharmaceutical and medical device companies, national medical societies, and government organizations, are available free on the App Store and Google Play. 03/07/2020
