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GE plans acquisition of PET device maker Coincidence Technologies
GE Medical Systems has signed a definitive agreement to acquire a key provider of PET technology. Coincidence Technologies, however, does not make positron scanners or the cyclotrons that forge PET radiopharmaceuticals. Rather, the company makes products More »
Johns Hopkins exemplifies new breed of corporate-academic partnerships
A new kind of research alliance is emerging between corporations and academic centers. Partnerships are replacing simpler agreements under which academic luminaries would test-drive equipment. Rather than taking what they get and doing the best they can More »
Siemens’ engineers think small
Animal researchers have a new tool—a gamma camera for rodents. Siemens’ new M.CAM has been optimized for molecular imaging on mice and rats. The system was designed, developed, and tested in collaboration with molecular imaging researcher Dr. More »
CT/positron scanners highlight vendor exhibits at SNM annual meeting
Hybrid PET/CT scanners provided the excitement at the mid-June annual meeting of the Society of Nuclear Medicine. Vendors, led by GE Medical Systems—and its pre-SNM media blitz—hyped the clinical and economic importance of their newly More »
GE recruits Genometrix to combine imaging and in vitro diagnostics
GE Medical Systems has allied with a developer of applied genomics technology, Texas-based Genometrix, to combine genetic and protein-based data with techniques for molecular imaging.The multimodality vendor wants to explore the use of in vitro More »
HCFA signals policy change for coincidence cameras
The paths to Medicare reimbursement for dedicated PET and coincidence cameras have diverged and there appears to be no hope of reuniting them.As of July 1, Medicare will reimburse users of dedicated PET scanners for the diagnosis, staging, and restaging More »
Orphan device incentives could spur development of imaging products
Vendors are increasingly emphasizing the development of devices that have proven clinical value. The reason is simple. These are the products that sell the best in a tight economic environment.The upside about developing such practical technology is that More »
In vitro diagnostics: natural next choice for M&A
The obvious targets for merger and acquisition are gone. The flurry of purchases undertaken in 2000 pretty much cleared the deck of single-modality vendors. SMV is part of GE; ADAC Laboratories has become the nuclear medicine division of Philips; Agilent More »
HCFA expands Medicare coverage for PET cancer diagnosis
In a sweeping move, the Health Care Financing Administration has expanded PET coverage for the diagnosis of six types of cancer and has left the door open for further expansion. The action, announced Dec. 15, is scheduled to take effect July 1.This is More »
GE acquires 3-tesla magnet maker
In a move that underscores its commitment to very high field MRI, GE Medical Systems has acquired the clinical business of Magnex Scientific, a U.K.-based supplier of 3-tesla magnets."We were looking for the right complement and this was it," said Dennis More »
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