Industry News: AccelPath Acquisition Expands Digital Telepathology ServicesAccelPath, Inc. a provider of digital telepathology services, has announced that it has acquired privately held DigiPath Solutions, LLC a leading provider of digital telepathology and laboratory development and management services in Texas.
Founded in 2010, DigiPath currently services six pathology laboratories covering eight customers in Houston, Texas, with near-term plans to expand further in Texas.
Rishi Reddy, founder and Chief Executive Officer of DigiPath will join the AccelPath medical advisory board and help to integrate the DigiPath business into AccelPath while also leading AccelPath’s global expansion and developing its 3D imaging technology.
Mr. Reddy will also focus on integrating DigiPath’s laboratory build and management capabilities into AccelPath. His experienced sales and operations team will continue to manage existing customer pathology laboratories while engaging new business contracts and developing and managing new pathology laboratories in the DigiPath pipeline. The DigiPath team will also assist with AccelPath’s new business pipeline by offering similar laboratory development and management capabilities to prospective clients.
“After spending the past several months with the AccelPath management and operating team, I have become very impressed with their wealth of knowledge in digital telepathology and, specifically, their workflow software technology,” stated Mr. Reddy.
“The Company’s digital telepathology workflow software will facilitate the expansion of DigiPath’s business and take it to the next level of automation. Further, we are pleased to bring DigiPath’s laboratory development capabilities to the Company, which will provide a broader product offering to the combined entity and facilitate growth. I also look forward to assisting with the development of the Company’s proprietary 3D imaging technology as it relates to digital telemedicine. This is a very exciting time for the combined companies.”