GigCapital5 and the Novato, California-based ultrasound-maker first announced their intent to partner in December 2022, creating a company with combined value of $151M.
This approach can be replicated by radiologist-led teams elsewhere, providing a "high-value, scalable opportunity" to reduce cancer screening disparities.
Both will work in tandem to produce new research and products, aspiring to “transform the experience of patients and clinicians in the practice of radiology.”