Thursday, April 18, 2024

Clario announces acquisition of AI-powered software company ArtiQ

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Acquisition advances Clario’s Respiratory Solutions portfolio, combining Clario’s deep scientific expertise with ArtiQ’s innovative artificial intelligence capabilities

Clario, a healthcare research and technology company that delivers the leading endpoint technology solutions for clinical trials, announced the acquisition of the technology company ArtiQ. This acquisition expands the power of artificial intelligence (AI) in Clario’s Respiratory Solutions portfolio and enhances the company’s ability to further leverage and develop innovative uses of AI across its service lines.

“We’re thrilled to welcome ArtiQ into our organization,” said Chris Fikry, Chief Executive Officer at Clario. “Since 2018, Clario has been a pioneer in applying artificial intelligence to improve the quality and efficiency of clinical trial execution. This move significantly advances AI within our respiratory portfolio. With ArtiQ’s technology, we are expanding our ability to rapidly scale AI for overreading while ensuring data quality and streamlining the clinical trial process for patients worldwide.”

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In addition to continuing to lead ArtiQ, Marko Topalovic will step in to lead Clario’s overall AI strategy across the organization. Of the acquisition, he said: “Joining forces with Clario is a pivotal moment for ArtiQ. Our technology’s integration into Clario’s portfolio not only enhances the quality and efficiency of spirometry data analysis but also marks a sizable step toward minimizing the patient burden and improving trial outcomes. With Clario, our technology can scale worldwide to all clinical trials and sponsors, and we now have the chance to foster a positive impact beyond the scope of respiratory care.”

In addition to the ArtiQ acquisition, Clario acquired Inofab Health, the manufacturer of easy-to-use ultrasonic sensor spirometer devices, in November 2023. Bringing these acquisitions together with Clario’s deep respiratory scientific capabilities will strengthen Clario’s Respiratory Solutions portfolio, serve as a launchpad for advancing AI within clinical trials, and increase its reach into the broader healthcare market.

“We’re committed to pioneering AI models that help rapidly deliver high-quality data in clinical trials,” said Jay Ferro, Clario‘s Chief Information, Technology and Product Officer. “This acquisition reinforces that commitment and ensures we continue to make good on our mission to help our customers transform patient lives around the world.”

SOURCE: PRNewswire


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