VirtualScopics, Inc. provides quantitative imaging for clinical trials serving the pharmaceutical, biotechnology and medical device industries. It has created a range of image analysis software tools and applications, which are used in detecting and measuring anatomical structures and metabolic activity using medical images. The Companys image-based measurement and visualization tools enable automated, accurate and reproducible measurement of minute changes that occur in anatomic structures in musculoskeletal, oncological, cardiological and neurological diseases. The Company provides blood flow and volume measurements for cancer diagnosis and monitoring in a standardized and consistent way across multiple institutions. These measurements are vital for assessing patient response to anti-angiogenic cancer drugs. In March 2016, the firm was acquired in an all cash transaction by BioTelemetry Inc