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Radiologist-founded imaging lab specializing in artificial intelligence sold for $80M


A radiologist-founded imaging lab specializing in artificial intelligence has sold for $80 million, those involved announced Tuesday.

First launched in 2010 by physicians from Texas Radiology Group, Intrinsic Imaging provides services in support of clinical and medical device trials. WCG Clinical is acquiring the Boston-headquartered startup, which employs a team of 500 physicians including 80 board-certified radiologists, according to its website.

“The growing need to visually demonstrate safety and efficacy to regulators, patients, providers, payers and other research stakeholders is driving the increasingly critical role medical imaging is playing in clinical trials,” Donald Deieso, PhD, executive chairman and CEO of WCG said in a statement.



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