FEBRUARY 27--VirtualScopics (Rochester, NY, USA), a developer of image-based biomarker solutions, has begun work on two research contracts from the US Department of Defense totaling $2.2 million. The contracts will explore the application of the company's proprietary image-analysis technologies to the interpretation of optical hyperspectral reconnaissance and surveillance imagery. The first contract, an 18-month agreement, involves the development of a workflow engine for efficient and consistent analysis of hyperspectral image data. The second contract, a three-year agreement, allows for research in hyperspectral image processing aimed at the development of software-analysis tools.
"We are excited to begin work on these contracts," said Jonathan Riek, vice president of government solutions at VirtualScopics. "These contracts give us the opportunity to take the knowledge and algorithms we have developed within medical imaging and apply them to an exciting new area."
VirtualScopics is a provider of imaging solutions to accelerate drug and medical-device development. It has developed a robust software platform for analysis and modeling of both structural and functional medical images. For more information about VirtualScopics, visit www.virtualscopics.com.
