Otsuka searches for corporate partner after parent threatens to pull plug
August 15th 1994MRI vendor slashes sales and marketing budgetOtsuka Electronicsis searching for a joint marketing partner for its MRI technologyafter parent Otsuka Pharmaceutical said it would cut off the businessunless a corporate ally is found. Otsuka
Siemens trims medical group portfolio with pending sale of pacemaker unit
August 15th 1994Move not directly related to cost-cutting driveOf all the major multimodality imaging systems vendors, Siemenshas diversified farthest into nonimaging medical technology areas.The giant German vendor will become somewhat less diversifiedonce
Philips sees MRI sales soar in 1994, courtesy of Gyroscan NT
August 15th 1994Vendor on track to double MRI shipmentsPhilips Medical Systems is reaping rewards from the retoolingof its MRI product line last year. The Dutch vendor has sold over100 of its new Gyroscan NT scanners and is on track to doubleits MRI sales
FDA to hold PACS classification hearing
August 15th 1994The Food and Drug Administration'sCenter for Devices and Radiological Health will discuss the classificationof PACS devices at a hearing to be held Aug. 29. The hearing willbe conducted by the Medical Devices Advisory Committee's radiologicaldevices
Fonar patent litigation against GE and Hitachi is set for trial
July 27th 1994Other MRI vendors could be next on Fonar's list A trial date has been set for Fonar's patent infringement lawsuitagainst GE, Hitachi and two imaging centers. Depending on theoutcome of the case, other MRI vendors could be targeted withsimilar
Philips Ultrasound stops production of P700 in favor of HP collaboration
July 27th 1994New premium scanner to be unveiled this fallPhilips Ultrasound has quietly closed the doors on its manufacturingoperations in Santa Ana, CA. Philips has also stopped productionof its flagship P700 SE ultrasound system as a part of
Bio-Imaging joins GE MRI therapy effort
July 27th 1994GE Medical Systems willget a helping hand in its interventional MRI program from Bio-ImagingTechnologies. GE has enlisted the West Trenton, NJ, firm to providedata management and technical consulting services for its image-guidedtherapy program. GE
Imaging services provider TME spins off sister firm to build center networks
July 13th 1994HHNI targets payors anxious about gatekeeper role A new radiologymanaged service organization (MSO) was created earlier this yearto network individual imaging centers in a capitated service programfor managed-care insurance payors. The concept
Advanced NMR, GE may extend deadline
July 13th 1994Advanced NMR and GE MedicalSystems are discussing an extension of their agreement to marketfast MRI systems. The two companies may push back the deadlinefor GE to sell 100 of Advanced NMR's InstaScan echo-planar imagingsystems to Dec. 31, 1995. Under
SPECT advances propel nuclear medicine at SNM's Orlando show
June 29th 1994This month's Society of Nuclear Medicine meetingin Orlando was proof positive that the recent slump in gamma camerapurchasing has not had a pronounced effect on technological innovation.Despite a plunge in orders that began late last year,
Echocardiography vendors expand power and utility of ultrasound
June 29th 1994Toshiba uses cardiac segment for digital launchTechnological competition in echocardiography intensified this month with the introductionof two significant works-in-progress at the American Society ofEchocardiography meeting in San Francisco.
Siemens Ultrasound opens new headquarters in Issaquah
June 29th 1994U.S. shipments on hold pending FDA actionThe ultrasound group of Siemens Medical Systems rolled out thered carpet last month at its new headquarters in Issaquah, WA.Siemens hopes the move will open a new chapter for the division,which is still
Minimally invasive surgery opens new applications for ultrasound
June 15th 1994Ex-Otsuka president joins Tetrad effort Increased use of minimally invasive surgical techniques has helpedcut procedure costs, reduce risk and improve patient comfort.One limitation of endosurgery, however, is that surgeons loosetheir tactile
Du Pont to sell RIS business to Community Health Computing
June 15th 1994Acquisition expands CHC's client base Film and PACS vendor Du Pont plans to sell its Houston-based radiologyinformation systems business to RIS/HIS vendor Community HealthComputing (CHC). While the deal makes sense for both companies,its
Sales in developing nations grow as health-care standards improve
June 15th 1994Vendors must work with local partners As health-care standards in developing nations rise, so does demandfor advanced medical imaging equipment. Vendors who sell cost-effectivedevices with state-of-the-art diagnostic capabilities will bebest
Slip-ring PET camera from Siemens to sell for less than $1 million
June 15th 1994Novel engineering of ECAT ART aims for cost-efficient operation The nuclear medicine group of Siemens Medical Systems hopes to take some ofthe pain out of purchasing a new PET camera by introducing a newsystem that will sell for under $1