LARKSPUR, Calif.--(BUSINESS WIRE)--LRG Capital Group, LLC (“LRG”), a global merchant bank and manager of BayStar Capital III (“BayStar”), announced today that it has invested in VirtualScopics (Nasdaq:VSCP), a premier provider of quantitative image-based solutions for clinical trials. Roswell Capital Partners, LLC and Gemini Strategies, LLC were co-investors in the transaction. The structure is convertible preferred equity, designed to provide growth capital to help the company expand its business. Existing investors in VirtualScopics include Pfizer, Inc., GE Healthcare, and the University of Rochester.
