Logiq 500 propels GE's ultrasound growth
February 28th 1996The Logiq 500 scanner helped GE Medical Systems' status rise in1995 from an also-ran to a more respectable player in the radiologicalultrasound market. GE has shipped about 1400 of the moderately priced Logiq 500platforms to customers in the U.S. and
GE expands service capabilitieswith acquisition of National MD
February 28th 1996Firms plan to exploit each other's strengthsGE Medical Systems raised the ante in the increasingly high-stakesmultivendor service market last week by acquiring National MedicalDiagnostics, a leading supplier of asset management services
New Siemens nuclear chiefputs emphasis on product R&D
February 28th 1996Vendor is developing variable-angle gamma cameraThe new head of the nuclear medicine group of Siemens MedicalSystems has a track record for bringing R&D projects to marketquickly, a trait that the Hoffman Estates, IL, group is countingon to
Trex Medical signs deal to buy XRE
February 28th 1996Trex Medical continues to roll on the acquisition road. The holdingcompany for x-ray firms Lorad and Bennett X-Ray last week signeda letter of intent to buy XRE of Littleton, MA, a vendor of cardiaccath labs and angiography suites. XRE will give Trex
Philips said to plan medical job cuts
February 28th 1996Philips Electronics NV of the Netherlands is planning job cutsfor its Philips Medical Systems International BV unit, accordingto wire service reports. The job cuts could total in the hundredsacross Philips Medical's 9500-strong global work force,
Mayo sues Toshiba over MRI patentrelating to artifact suppression
February 14th 1996Other vendors may also be infringing, attorney saysMRI patent litigation is in the news again, but this time it isMayo Foundation and Toshiba at legal loggerheads rather than GEand Fonar. Mayo has filed a lawsuit against Toshiba charging
ADAC sees multivendor serviceas major opportunity for growth
February 14th 1996MCD and LabStat will also expand markets in 1996The multivendor service program being developed by nuclear medicinevendor ADAC Laboratories is one of three major growth initiativesthe Milpitas, CA, firm is pushing in 1996 to expand its
De Simone exits GE for Digital Equipment
January 31st 1996Mark De Simone, general manager of GE's Network Products and Servicesdivision, has left the Milwaukee vendor for workstation manufacturerDigital Equipment. De Simone joined Digital several weeks agoas Midwest region vice president and is based in the
Lockheed Martin announces plan to acquire defense firm Loral Corp.
January 17th 1996Expect few changes in Loral's PACS unit for now Loral Medical Imaging Systems (LMIS) has found itself swept alongby the wave of consolidation crashing across the defense industry.On Jan. 8, aerospace and defense giant Lockheed Martin took thefirst
Fonar claims early success for new MRI scanner series
January 17th 1996Damadian sees many routes to company comebackLess than a month after its first major exhibition in seven years,MRI pioneer Fonar has announced the receipt of five signed andfunded orders for its new Quad series of open-style MRI scanners.Another 10
Executives assess market changes as industry-wide recession eases
January 17th 1996U.S. shifts from sales leader to technological pioneerTop executives representing the six multinational companies responsiblefor most of the world's medical imaging equipment sales have declaredthat the industry has turned the corner, ending a
Conductus signs MRI pact with Siemens
January 17th 1996Improving the image quality of low-field MRI is the focus of anagreement announced last week between Conductus and Siemens. Underthe terms of the deal, Conductus, a Sunnyvale, CA, developer ofhigh-temperature superconducting technology, will work with
GE vet Zimmer heads Toshiba CT group
January 17th 1996Toshiba America Medical Systems has named John Zimmer as CT businessunit director, the Tustin, CA, vendor reported this month. Zimmerjoined Toshiba after experience with GE Medical Systems, wherehe most recently managed x-ray and CT marketing for the
Merck's Fosamax boosts sales for smaller bone densitometry firms
December 27th 1995Osteoporosis drug raises all corporate boatsLunar and Hologic aren't the only firms benefiting from increasedinterest in bone densitometry. The same good news that has ledto improved sales for the two bone densitometry segment leadershas