Heartlab Inc. has reached an agreement to purchase CardioNow Corp., a provider of telecardiology and image archiving technologies to hospitals, cardiovascular core labs and clinical trial sponsors.
The Encinitas, Calif.-based company developed a DICOM image archiving and sharing product specific to cardiology, which uses the Internet to provide clinicians with the ability to access, share and collaborate over patients angiograms, echocardiograms and intravascular ultrasound studies from anywhere in the world utilizing standard PC-based technology.
CardioNow says its technology has been used to support more than 20 multi-center clinical trials, including drug-eluting stent studies, bare metal stent studies, and distal protection device studies.
Details of the proposed transactions were not disclosed.
Heartlab also signed an agreement for Medical Sales Partners Inc. to distribute Heartlab's Encompass cardiac network in the United States.
Heartlab's Encompass connects to all major cardiac x-ray and ultrasound systems using the industry-standard DICOM communications protocol, creating a central repository of digital images from multiple modalities together with the associated physician findings reports.