Tag: Lance Reinsmith

San Antonio Biotech Startup Intrinsic Imaging Acquired for $80M
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San Antonio Biotech Startup Intrinsic Imaging Acquired for $80M

If you look at startup exits, you don't usually see biotechnology startups represented since they typically generate their biggest profits long after an IPO or acquisition. One San Antonio biotech acquisition has broken that mold, with an amount that netted its limited partners an exceptional return, even by angel investing standards.Intrinsic Imaging, a biotech startup that provides imaging support mainly to clinical trial vendors, has been acquired by WCG Clinical, Inc. for $80 million. According to the S-1 form filed with the SEC on July 1, WCG Clinical purchased Intrinsic Imaging's artificial intelligence (AI) radiology imaging support services to add the innovative capability to their "proprietary suite of technology-enabled solutions."WCG Clinical is a clinical research trial...
Intrinsic Imaging Radiologist Develops Artificial Intelligence Tool to Streamline Workloads
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Intrinsic Imaging Radiologist Develops Artificial Intelligence Tool to Streamline Workloads

Artificial intelligence (AI) was front and center at this year’s Consumer Electronics Show because of its capacity to influence every aspect of our lives. Now, AI’s reach is touching upon healthcare.Lance Reinsmith, M.D., is a radiologist with the South Texas Radiology Group and Intrinsic Imaging who is applying the power of AI to help those like him triage an overloaded system.Images obtained by MRI machines, CT scanners, and x-rays give clinicians the ability to look for signs of disease or injury in a patient. These digital images have so much data they take considerable time to review. That makes spotting the ones that require immediate attention from the more routine “normal” scans challenging for the radiologist with an ever-growing workload.“Most of us are operating at o...