BAYN

Bayer AG

52.37
0.25 (0.48%)
Share Name Share Symbol Market Type
Bayer AG XE:BAYN XETRA Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.25 0.48% 52.37 52.36 52.39 52.39 51.85 52.00 1,234,042 16:35:13

Bayer Acquires Imaging AI Developer Blackford

18/01/2023 8:24am

Dow Jones News


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By Giulia Petroni

 

Bayer AG said Wednesday that it has agreed to acquire the British developer of artificial intelligence imaging software Blackford Analysis Ltd. in a step toward boosting its radiology business.

The German pharmaceutical and biotechnology company said the aim is to develop and adopt AI within the clinical workflow to improve patient care. Blackford will continue to operate as an independent organization following the acquisition.

The deal is subject to customary closing conditions and is expected to close later this year. It follows a development-and-license agreement between the two companies in 2020.

Financial details weren't disclosed.

 

Write to Giulia Petroni at giulia.petroni@wsj.com

 

(END) Dow Jones Newswires

January 18, 2023 03:09 ET (08:09 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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