BioImagene Ushers in 2009 with Record Growth
CUPERTINO, Calif.–BioImagene, the leading provider of innovative digital pathology solutions, announced a record 2008. The company saw a doubling of business volume compared to the previous year, with 50 scanners shipped in the in the fourth quarter alone. Pathologists worldwide scanned and analyzed 25,000 anatomical pathology slides using BioImagene systems during this quarter.
Other fourth quarter highlights included additional venture funding from Siemens Venture Capital, the successful establishment of a Global Customer Care Center and expansion into European markets. The company added new reference laboratory customers, as well as hospital customers that are among the Best Cancer Hospitals as ranked by US News and World Reports. Agility Bio – a division of BioImagene Inc, entered into a partnership with Advinus Therapeutics, a TATA enterprise, to provide imaging services in conjunction with preclinical development services offered by Advinus.
Dr. Ajit Singh, CEO, BioImagene observed, “It has been an outstanding year for us and for digital pathology. The current economic climate does not appear to have dampened the demand for digital solutions for anatomic pathology. This bodes well for Digital Pathology as an industry, as well as the future of Personalized Medicine.” Dr. Singh had spoken recently at the California Society of Pathologists where he hailed Digital Pathology as “… the last missing link for enabling Personalized Medicine.”
BioImagene specializes in end-to-end Pathology Workflow Optimization. Specifically, it develops and sells fully integrated hardware and software systems to acquire, view, share, manage, archive and analyze tissue images in a pathology laboratory. The use of digital pathology systems is expected to dramatically increase over the next five years as the technology will become more accessible to all pathologists and also necessary for their work. Pathologists are likely to parallel the adoption of digital imaging and PACS (Picture Archiving and Communication Systems) by the radiologists in the 90’s. Currently, over ninety percent of radiologists use PACS for the majority of their daily work.

