SAN FRANCISCO (PRWEB) May 15, 2018
Asia-based funds East Ocean Ventures and Tianjin Dazhen Asset Management reached an agreement with shareholders to acquire a 100% stake in RADLogics for an undisclosed amount.
RADLogics provides medical imaging workflow enhancement solutions for radiologists, and received its first FDA approval in 2012.
With this acquisition, the funds plan to accelerate research and development of the clinical workflow enhancement platform and introduce RADLogics to major markets in Asia.
For more information, please visit http://www.radlogics.com
About East Ocean Ventures
Established in 2015, East Ocean Ventures is an investment fund headquartered in Singapore. East Ocean Healthcare and Life Sciences sector focuses on investing in and enabling businesses expand into major markets in Asia.
About Tianjin Dazhen Asset Management
Founded in 2012, Tianjin Dazhen Asset Management (TDAM) is headquartered in Tianjin and focused on investments in healthcare, technology, and renewable energy sectors.
RADLogics’ mission is to create medical imaging workflow enhancement solutions based on its patented technology that help radiologists provide higher value reports to better serve referring physicians and patients.