Medical imaging companies CurveBeam, LLC and StraxCorp, Ltd., announced on October 20 that on Oct. 12, 2022, they completed their previously announced merger. Terms of the deal were not disclosed. According to the LevinPro HC database, this marks the 107th transaction in the Laboratories, MRI and Dialysis sector this year, and the 59th deal in the diagnosis subsector.
Under its new name, CurveBeam AI, Ltd., the company expands CurveBeam’s financially viable point-of-care imaging solutions into the bone health space, and springboards AI-driven applications for weight-bearing CT imaging. The companies have been collaborating since 2017.
CurveBeam researches, designs and manufactures cone beam CT imaging systems for the orthopedic specialties. CurveBeam has installed more than 160 systems worldwide at orthopedic institutions. CurveBeam’s corporate headquarters is in Hatfield, Pennsylvania.
StraxCorp is a specialist provider of cloud-based medical software solutions to aid in the improvement of bone health. StraxCorp specializes in providing AI and deep learning AI solutions for bone separation, segmentation and microstructure as a means of improving bone fragility screening to aid clinicians in preventing fragility fractures.
