Cardiac monitoring-focused Biotelemetry acquires provider of clinical trial imaging services for $15.5M

Malvern PA's Biotelemetry has agreed to acquire VirtualScopics for $15.5 million to get its hands on clinical trial imaging services designed to accelerate partners' drug and device trials. The move broaden Biotelemetry's reach as it seeks to expand its focus beyond cardiac monitoring devices and services. The deal is just the latest example of med tech's growing role in improving the efficiency of clinical trials. Release | More