Pictor Establishes U.S. Headquarters and Scales Operations, Revolutionizing Proteomics Testing Amid Regulatory Shift
Pictor launches its U.S. operations with strong financial backing, having secured $5 million in seed funding—$3 million from its existing lead investors and $2 million from new U.S.-based investors. This investment underscores the confidence in Pictor's platform and positions the company for rapid growth in the U.S. market.
This announcement follows a landmark decision by a U.S. federal court, which struck down the FDA's plan to regulate laboratory-developed tests (LDTs). The court ruling reinforces the current regulatory framework under the Clinical Laboratory Improvement Amendments (CLIA), providing stability in the clinical industry by alleviating potentially costly operational burdens that new regulations would have imposed.
"The recent ruling ensures a clear delineation of responsibilities between CLIA and the FDA, providing solution providers like Pictor the certainty needed to equip our partners with an innovative and cost-effective platform," said Jamie Platt, CEO of Pictor Holdings Inc. "This proven regulatory landscape aligns with our ability to offer efficient, affordable proteomics tools to laboratories and healthcare providers, ensuring accessibility for all."
Empowering Labs with the Pictor Platform
Pictor's products, designed for clinical laboratory use, are poised to help laboratories capitalize on this new era of opportunity. Through its highly flexible, scalable, and cost-effective multiplex proteomics platform, Pictor enables labs to not only develop their own LDTs but also improve workflow efficiency to meet growing demands.
Key advantages of the Pictor platform include:
Price: Affordable testing made possible through its low-cost PictImager™ platform, standard detection reagents, and under $50 per sample consumable costs.
Performance: High-throughput testing achieved with the PictArray™ assays and rapid imaging, with results for 96 samples under four hours.
Productivity: A flexible solution adaptable to various sample types and capable of running up to 50 analytes per test.
Meeting the Needs of a Changing Healthcare Landscape
Anticipated reductions in CMS and Medicare spending are accelerating demand for affordable, accessible testing solutions. Pictor is uniquely positioned to meet this need with its streamlined, scalable platform that delivers unmatched price, performance, and productivity across clinical and research applications. By lowering cost barriers for clinical labs and expanding access to underserved communities, Pictor is advancing its mission to make high-quality proteomics broadly accessible in a shifting healthcare environment.
"As the founder and CEO of Mira Precision Health, I have been deeply impressed by Pictor's technology," said Sandra Gunselman, Ph.D. "The platform's flexibility allows us to respond quickly and cost-effectively to healthcare demands. Its speed, affordability, and scalability make it invaluable in advancing innovative diagnostics, particularly for underserved communities."
Leadership and Website Launch
Pictor's continued momentum is also marked by the announcement of a new Board of Directors, led by Chair Paul Kinnon, CEO Jamie Platt, and seasoned investor executive, Marko Bogoievski. Complementing this strategic leadership, Pictor has also introduced a robust executive team, including Kate Rhodes (COO), Janine McMurdie (CCO), Yoichi Furuya (CSO),and Claire Zimmerman (Director of Business Operations).
Coinciding with this announcement is the launch of Pictor's redesigned website. Designed with customer-centricity in mind, the website showcases Pictor's comprehensive testing solutions. The redesigned site provides customers with resources to learn how Pictor's solutions can help power the translation of research discoveries into clinical impact.
About Pictor
Pictor is a leader in flexible, targeted proteomics, delivering next generation multiplex solutions that empower clinical labs, diagnostic manufacturers, and veterinary providers worldwide. Powered by its patented PictArray™ platform, PictImager™, and AI-powered Pictorial™ software, Pictor delivers deeper insights from a single sample, offering faster, more affordable, and scalable results.
From infectious diseases to oncology, Pictor's innovative technology is advancing both human and animal health, enabling breakthroughs in clinical decision-making. Headquartered in San Diego, Pictor Holdings Inc. is committed to driving innovation through solutions designed for unmatched performance, cost efficiency and productivity.
Discover how Pictor is shaping the future of proteomics testing at www.pictordx.com.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Toronto Star
5 hours ago
- Toronto Star
KLEEN HY-DRO-GEN INC., Announces Launch of World's First Zero-Emissions Hydrogen Furnace
TORONTO, Aug. 08, 2025 (GLOBE NEWSWIRE) — KLEEN HY-DRO-GEN INC., has officially announced the launch of KLEENHEAT™ hydrogen furnace, the world's first and only on-demand, zero-emissions home heating system powered by water. The announcement comes ahead of the company's anticipated listing on the Canadian Securities Exchange (CSE) this September, marking a major milestone in its journey to bring sustainable, home-grown hydrogen solution to the global stage. Now in its third year of testing, KLEENHEAT™ has been operating in a model home designed to educate the public on hydrogen heating-a safer, cleaner, zero-emissions alternative to fossil fuels. The system generates hydrogen and oxygen from water using electrolysis, producing only water vapor as a byproduct.
Cision Canada
12 hours ago
- Cision Canada
Tim Hortons®, The PWHL and Barbie® Team Up on New Hockey Dolls in Collaboration with Superstars Sarah Nurse and Marie-Philip Poulin Français
Barbie ® Tim Hortons ® PWHL™ Dolls will be available starting Aug. 11 at participating Tim Hortons restaurants in Canada and are available now at and (Canada) and (US). $5 from every doll sold at Tims restaurants and or at the online PWHL Shops will be donated to Grindstone Award Foundation. In celebration of the launch of Barbie ® Tim Hortons ® PWHL™ Dolls, the Tim Hortons restaurant located at 3157 Dundas St. W. in Toronto has been transformed, with its iconic Tims red replaced with Barbie pink and PWHL purple. The restaurant makeover will be available for guests to see until Aug. 13. TORONTO, Aug. 8, 2025 /CNW/ - She shoots, she scores, she supports! Tim Hortons, the PWHL and Mattel, Inc. announced today the launch of new Barbie ® Tim Hortons ® PWHL™ Dolls, which will be available starting Aug. 11 at participating Tim Hortons restaurants across Canada and online now at and PWHL Shops. As part of a shared commitment to increasing access for girls in hockey, Tim Hortons will donate $5 to the Grindstone Foundation for every Barbie ® Tim Hortons ® PWHL™ Doll sold in participating restaurants and and the PWHL will match this with a $5 donation for each doll bought through its online store. As the most diverse doll line on the market, Barbie is continuing to empower young children to unlock their limitless potential. Studies show that girls who are involved in team sports are more likely to believe they are smart enough for their dream career, have high opinions on their abilities and competencies, increased leadership aspirations and enjoy higher levels of self-confidence. 1 The two Barbie ® Tim Hortons ® PWHL ™ Dolls are inspired by members of Team Barbie and PWHL superstars Sarah Nurse and Marie-Philip Poulin, who were recognized as Barbie role models in 2020 for being trailblazers on the ice and breaking down barriers for women in hockey. Each Barbie doll comes with a Tim Hortons PWHL hockey jersey, hockey stick, helmet and skates and can be purchased for $34.99. There are more ways for fans to celebrate the launch of the Barbie ® Tim Hortons ® PWHL ™ Dolls, including: Tims Rewards members who purchase a Barbie ® Tim Hortons ® PWHL ™ Doll from a Tims restaurant will also be entered for a chance to win an exclusive PWHL game day experience. For more details and contest information, visit Starting Aug. 11, the Barbie PWHL Donut — a yeast ring donut dipped in white icing and topped with pink sprinkles — and Barbie Pineapple Dragon Fruit Quenchers will also be available at participating Tims restaurants. The Tims Barbie ® Hoodie is available at ____________________________ 1 According to the NAACP + The Girls' Index QUOTES "Tim Hortons is incredibly proud of our hockey leadership in Canada including how our local restaurant owners collectively support 100,000 youth players in communities across the country every year through Timbits Hockey. We're thrilled to be partnering with Barbie, Sarah Nurse, Marie-Philip Poulin and the PWHL on the new Barbie Tim Hortons PWHL Dolls and we're proud that each doll sold at a Tims restaurant and at the PWHL Shop will result in a donation to the Grindstone Award Foundation to help break down financial barriers for girls who want to play the sport." Hope Bagozzi, Chief Marketing Officer for Tim Hortons "Our goal is to inspire the next generation of hockey players by bringing these Barbie dolls to life in partnership with Tim Hortons and the PWHL. Barbie has a long-standing partnership with Tim Hortons, built on a shared commitment of inspiring young hockey players. Now, with Barbie as an official partner of the PWHL in Canada since its inaugural season, it was a natural next step to bring together brands with a common goal. These Barbie dolls reflect our commitment to championing the belief that a girl can be anything she wants to be — including a hockey player — in and outside of the playroom." Tara George, General Manager at Mattel Canada "We've heard from fans across the league that they're eager to see Barbie Tim Hortons PWHL Dolls, making this collaboration with Tim Hortons and Barbie an ideal fit. We're especially proud that this initiative also makes a meaningful impact, as the Grindstone Foundation continues to transform the lives of girls across Canada by helping to remove barriers and create more opportunities for the next generation of players." Amy Scheer, Executive Vice President of Business Operations at the PWHL "We're incredibly grateful to Tim Hortons and the PWHL for their generous support, and for teaming up with Mattel to champion the growth of girls' hockey across Canada. As a national charity, we're proud to partner with organizations that not only support gender equality in sport, but understand that when girls are given the chance to play hockey, they gain confidence, build resilience, and grow into future leaders. This collaboration will help more girls access the game and discover all that Grindstone has to offer." Danielle Bell, President of the Grindstone Award Foundation Rules apply. No purchase necessary. Open to 13+ (14+ in Quebec) residents of Canada only. Full rules and entry details at © Tim Hortons, 2025. ABOUT TIM HORTONS In 1964, the first Tim Hortons ® restaurant in Hamilton, Ontario opened its doors and Canadians have been ordering Tim Hortons iconic Original Blend coffee, Double-Double™ coffees, Donuts and Timbits ® in the years since. For more than 60 years, Tim Hortons has captured the hearts and taste buds of Canadians and has become synonymous with serving Canada's favourite coffee. Tim Hortons is Canada's largest restaurant chain operating in the quick service industry with nearly 4,000 restaurants across the country. More than a coffee and bake shop, Tim Hortons is part of the Canadian fabric and guests can enjoy hot and cold specialty beverages – including lattes, cappuccinos and espressos, teas and our famous Iced Capps ® – alongside delicious breakfast, sandwiches, wraps, soups and more. Tim Hortons has more than 6,000 restaurants in Canada, the United States and around the world. For more information on Tim Hortons visit ABOUT MATTEL Mattel is a leading global toy and family entertainment company and owner of one of the most iconic brand portfolios in the world. We engage consumers and fans through our franchise brands, including Barbie ®, Hot Wheels ®, Fisher-Price ®, American Girl ®, Thomas & Friends ™, UNO ®, Masters of the Universe ®, Matchbox ®, Monster High ®, Polly Pocket ®, and Barney ®, as well as other popular properties that we own or license in partnership with global entertainment companies. Our offerings include toys, content, consumer products, digital and live experiences. Our products are sold in collaboration with the world's leading retail and ecommerce companies. Since its founding in 1945, Mattel is proud to be a trusted partner in empowering generations to explore the wonder of childhood and reach their full potential. Visit us at ABOUT THE PROFESSIONAL WOMEN'S HOCKEY LEAGUE (PWHL) The Professional Women's Hockey League (PWHL) is a professional ice hockey league in North America that features the best women's players in the world. It is comprised of eight teams: Boston, Minnesota, Montréal, New York, Ottawa, Seattle, Toronto and Vancouver. Launched on Jan. 1, 2024, the PWHL has broken multiple attendance records and holds the worldwide all-time record for a women's hockey game. In 2024, the PWHL was recognized by Sports Business Journal as the Sports Breakthrough of the Year and received the top position in the first-ever Canadian edition of the Harris Poll, which ranks companies' reputations. Visit to purchase tickets and merchandise and subscribe to the PWHL e-newsletter to receive the latest league updates. Follow the league on all social media platforms @thepwhlofficial. PWHL, the PWHL Logo, and PWHL team names and logos are trademarks of the PWHL. © PWHL 2025. All Rights Reserved. ABOUT GRINDSTONE AWARD FOUNDATION The Grindstone Award Foundation is a registered Canadian charity that provides financial assistance to female hockey players under the age of 19 who want to play hockey but are unable to due to financial barriers. Founded in 2014 in Kelowna, British Columbia, Grindstone awarded its first grant in 2015, and has since gone on to provide over $140,000 in financial assistance towards registration fees to female players all across Canada. Funded entirely through generous donations from the public, Grindstone believes that all girls should have equal opportunity when it comes to playing the game they love. Their mandate is to help grow the game of hockey by supporting diverse Canadian families from coast to coast to ensure the sport is accessible for all female players. For more information on Grindstone or to make a donation, please visit and follow Grindstone on social media - @GrindstoneAward. SOURCE Tim Hortons
Cision Canada
a day ago
- Cision Canada
FP Canada™ Announces June CFP® Exam and QAFP® Exam Results
Of the first-time writers who completed the CFP exam, 81% passed. Seventy-five per cent of first-time QAFP exam writers passed. TORONTO, Aug. 7, 2025 /CNW/ - FP Canada has announced the results for the June sittings of the Certified Financial Planner ® exam and the Qualified Associate Financial Planner ™ exam. There were 385 candidates who wrote the CFP exam (and 81% of the first-time writers passed), while 50 candidates wrote the QAFP exam (and the first-time writer pass rate was 75%). FP Canada administered a survey to all candidates who wrote the exams. According to that survey, 82% of CFP exam writers decided to pursue certification so they could enhance their skills and better serve their clients. The same was true for 76% of candidates pursing QAFP certification. Forty-nine per cent of CFP candidates and 48% of QAFP candidates indicated that provincial legislation requiring them to obtain an approved certification to use the "financial planner" title was a major motivator. Likewise, 30% of CFP exam writers and 24% of those who wrote the QAFP exam stated that their pursuit of certification was driven largely by an employer requirement. "We at FP Canada would like to sincerely congratulate everyone who successfully wrote the CFP exam or QAFP exam in June," says Tashia Batstone, President and CEO of FP Canada. "Completing this critical step toward certification is a tremendous accomplishment—one that brings you closer to being fully qualified to help Canadians find their paths to financial well-being." To obtain CFP certification, candidates must complete a comprehensive education program that includes professional education, pass a national exam, have (at minimum) a bachelor's degree or 10 years of qualifying work experience (or have held QAFP certification for at least five years), and demonstrate three years of qualifying work experience. QAFP certification candidates must complete a comprehensive education program, pass a national exam, have a post-secondary diploma or five years of qualifying work experience, and demonstrate one year of qualifying work experience. To maintain certification, CFP professionals must ensure their knowledge and skills remain current by completing 25 hours of continuing education each year, including two hours in the professional responsibility category. QAFP professionals must complete 12 hours of continuing education each year, including one hour in the professional responsibility category. CFP professionals and QAFP professionals must also adhere to high professional standards established by the FP Canada Standards Council ™. CFP certification and QAFP certification have been approved by the Financial Services Regulatory Authority of Ontario (FSRA) as valid credentials for individuals using the "financial planner" title in Ontario. Established in 1995, FP Canada is a national not-for-profit education, certification and professional oversight organization working in the public interest. FP Canada is dedicated to championing better financial wellness for all Canadians by leading the advancement of professional financial planning in Canada.
