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Clarapath Acquires Crosscope And Combines Tissue Processing Robotics With Ai Powered Digital Pathology For Building The Lab Of The Future

PRIVATEFeb 27, 2023

Acquiring Company

Clarapath

Acquired Company

Crosscope

New YorkBiotechnologyHealthcareHealth CareMedicalMedical DeviceHealth DiagnosticsBiotechnologySoftwareHealth CareArtificial IntelligenceMachine LearningHealth Diagnostics

Description

Clarapath, a robotics company aimed at catalyzing change in the way pathology laboratories process human and animal tissue, today announced the acquisition of Mountain View, CA-based Crosscope. Crosscope is a digital pathology company with a turnkey imaging solution providing best-in-class workflow tools and slide management along with artificial intelligence (AI) and machine learning (ML) technology to assist pathologists with better and faster decision-making.

Quick answer

Clarapath is acquiring Crosscope, announced February 27, 2023. Clarapath is based in New York, New York, United States.

How much did Clarapath pay for Crosscope?
The deal value was not disclosed.
What does Clarapath do?
Clarapath is a medical robotics company aimed at catalyzing change in the way pathology laboratories work.
Where are Clarapath and Crosscope based?
Clarapath is based in New York, New York, United States.
Who are the decision-makers at Clarapath?
Fundz holds 1 contact at Clarapath. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Clarapath

Location

New York, New York, United States

About

Clarapath is a medical robotics company aimed at catalyzing change in the way pathology laboratories work. Clarapath is developing tools and workflow solutions to improve outcomes and reduce costs in clinical and non-clinical pathology. With the rising demand for sample reviews and the reliance on a dwindling labor pool, Clarapath's SectionStar provides automated sectioning for non-clinical and clinical pathology laboratories. SectionStar is the first, fully automated, all-in-one tissue sectioning and transfer system that will dramatically increase capacity, reliability, and consistency while minimizing the need for highly skilled labor. Clarapath is headquartered and runs its medical device development in Hawthorne, NY. It also has a CLIA-certified Clinical Research Organization (CRO) that serves clinical and research organizations by processing tissue, performing whole slide imaging, and providing automated image processing based in New York City at the New York Genome Center.

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Frequently asked

Who acquired Crosscope?

Crosscope was acquired by Clarapath, based in New York. The deal was reported on February 27, 2023. Clarapath is a medical robotics company aimed at catalyzing change in the way pathology laboratories work. Clarapath is privately held and operates in Biotechnology.

When did Clarapath acquire Crosscope?

Clarapath's acquisition of Crosscope was reported on February 27, 2023. Clarapath, a robotics company aimed at catalyzing change in the way pathology laboratories process human and animal tissue, today announced the acquisition of Mountain View, CA-based Crosscope. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Crosscope do?

Crosscope (abbreviated for "Computational Microscope") is a medical AI software company on a mission to radically transform patient care by unlocking the power of AI. It is privately held, operating in Biotechnology.

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