Curvebeam to merge with AI company to advance orthopedic imaging

Orthopedic

Orthopedic imaging company CurveBeam and StraxCorp, a provider of cloud-based software to improve bone health, have entered into a definitive merger agreement to form CurveBeam AI.

CurveBeam AI brings CurveBeam's point-of-care imaging solutions into the bone health space and expands artificial intelligence-driven applications for weight bearing CT imaging, according to a Sept. 6 news release. 

CurveBeam developed weight bearing CT imaging systems for orthopedic specialties and has installed more than 160 systems worldwide. Examining bone and joint alignment in a functional position allows for better diagnosis of lower extremity conditions including flat foot, patellar instability and hip dysplasia, according to the company.

StraxCorp specializes in providing AI systems for bone separation, segmentation and microstructure as a way to improve bone fragility screening to help clinicians prevent fragility fractures.

"CurveBeam AI will offer proprietary tools to improve patient outcomes at a speed and scope that CurveBeam could not alone," CurveBeam CEO Arun Singh said. "Weight bearing CT imaging will remain a core focus, however this merger signifies our steadfast commitment to build the complementary AI software tools that will reduce the barriers to adoption."

CurveBeam AI, which has 51 employees, will be an unlisted public company backed by several professional investors and is targeting an initial public offering in 2023.

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